Vacaville, Calif. – April 21, 2022 – CBRE announced the sale of Nut Tree, a 370,114- square-foot Best Buy, T.J. Maxx, Nordstrom Rack-anchored regional center located in Vacaville, Calif., to Northern Calif.-based investor Tower Investments for $124.5 million ($336 per square foot).

VACAVILLE, Calif., Oct. 23, 2024 /PRNewswire/ -- Daiso, the renowned global retail chain offering a wide range of affordable and unique products, is thrilled to announce the grand opening at Nut Tree in Vacaville, California on November 2nd. "We are thrilled to open our store at Nut Tree," said Jack Williams, Chief Retail Operations Officer for Daiso USA. "This achievement reflects the dedication and support of our customers who have embraced Daiso's unique concept and diverse product range. We are excited to provide an exceptional shopping experience to the vibrant Vacaville community and look forward to serving our customers with the utmost care and dedication."

By Press Release
October 11, 2024

Tower Investments is pleased to announce the purchase of the 13,000 sq.ft. Tattered Flag Brewery Building located at 1 South Union Street in Middletown, Pennsylvania, just 1 mile south of Interstate 76.

With its prime location in Downtown Middletown, the property’s unparalleled location positions it less than 1 mile from the Harrisburg Campus of Pennsylvania State University and 2.5 miles from the Harrisburg International Airport, and 11 miles east of the Pennsylvania State Capital Complex in downtown Harrisburg.

Tower Investments is pleased to announce the purchase of the 5,000 sq.ft. Red Lobster restaurant building ground lease property totaling 1.4 acres located at 1525 South Bradley Road, Santa Maria, California. Located in the busy retail corridor of South Bradley Road, the property is visible from and has access to US Highway 101. The property is 100% leased to Red Lobster, which has operated at this location since 1993.

Tower Investments is pleased to announce the sale of single-family residential lots in Phase 1 of the Quartz Mountain subdivision in Placerville, California. The lots were financially underwater, burdened by delinquent special taxes imposed by the Placerville PFA Series 1992A bond district. After working for years with the City of Placerville and consultants, Tower was able to implement a workout strategy to extinguish the delinquent special tax debt thereby making the residential lots viable once again. To date Tower has closed on the sale of Lots 2, 3, 13, 15, 16 and 20.

Tower Investments is pleased to announce the purchase of the 1,533 sq.ft. ground leased Take 5 Oil Change Building located at 4826 S. Sooner Road in Oklahoma City, Oklahoma. The commercial building is located in a strong demographic area and surrounded by national retailers like Walmart Neighborhood Market, Sonic, Lowe’s, Target and many more. Tinker Air Force Base, the largest single employer in the state, is just minutes away and the property is 1.7 miles north of Interstate 240, which intersects with Interstates 35, 40 and 44.

The building is currently leased to Take 5 Oil Change, a quick-lube chain with 800 locations in 27 states. Take 5 Oil, a division of Driven Brands (NYSE: DRVN) is the largest automotive services company in North America with 10,000 employees. Driven Brands also owns Express Lube, MSSCO, Meineke Carstar, Econo Lube N’ Tune and 1-800 Radiator & A/C and has mor than 4,400 centers across 15 countries generating $5.6 billion in annual revenue in 2023.

Colorado. The commercial building is located within the retail corridor of Washington Street in the Northeast Denver Submarket. The building is ideally located just minutes from Interstate 25 to the west and 1.5 miles north of the intersection of Interstates 25, 76 and 270.

Tower Investments is pleased to announce the purchase of the 20,470 sq.ft. Big 5 Sporting Goods Building located at 11505 NE Fourth Plain Blvd., Vancouver, Washington. The commercial building lies within the busy Orchards Market Center along a major retail corridor of NE Fourth Plain Blvd. and within a major trade area. The center has immediate access to State Route 500 with access to Interstate 205 to the east.

Tower Investments is pleased to announce the purchase of the 2,738 sq.ft. Valvoline Instant Oil Change Building located at 254 South Denton Tap Road in Coppell, Texas. The commercial building is located within a major retail corridor of Denton Tap Road, is 2.75 miles north of Interstate 635 and 10 minutes northeast of the Dallas/Fort Worth International Airport.