Tower Investments is pleased to announce the purchase of the 16,547 sq.ft. Lex Brodie Facility located at 94-169 Farrington Highway, Waipahu, Hawaii, on 1.034 acres, 15 minutes northwest of Pearl Harbor and 14 miles northwest of downtown Honolulu via Interstate H1.  The Lex Brodie Tire, Brake & Service location is the largest of the company’s five location in the state.

Waipahu is well-positioned along the north shore of Pearl Harbor with both Farrington Highway and Interstate H1 running east-west through the length of the city.  This connectivity provides excellent access to the rest of the Honolulu MSA, which boasts a 2020 population of 1,016,508. 

Tower Investments is pleased to announce the purchase of the Belton Town Center Khol’s Building, an 88,279 sq.ft., free-standing retail building located at 914 East North Avenue in Belton, Missouri.  As a part of the main retail destination corridor of East North Avenue and one of the anchors of the Belton Town Center, the building is 100% leased to Khol’s Corporation.  Khol’s (NYSE: KSS, Fortune #195) was founded in 1962 and currently operates 1,162 stores in 49 states, employing over 110,000 people.

Tower Investments is pleased to announce the purchase of the 40,000 sq.ft. 200 Vernon Building located at 200 Vernon Street in Roseville, California. The former Roseville Telephone Headquarters building is now Roseville’s newest mixed-use redevelopment project.  Tower’s team will redevelop the building to include 3,345 sq.ft. of ground floor restaurant space, two 2,223 sq.ft. ground floor retail spaces, a 9,244 sq.ft. ground floor office space with a private lobby amenity, 20 Apartments/Condos, and an 8,840 sq.ft. rooftop deck that includes private areas for the building residents, a bar and commercial seating area.

Tower Investments is pleased to announce the purchase of the 132,108 sq.ft. Santa Maria Commercial/Retail Building located at 1335 South Bradley Road, Santa Maria, California, in the Crossroads Center, Santa Maria’s premier freeway development.  The former Costco building has immediate access to State Highway 101, 20 minutes north of Vandenburg Air Force Base.  The property is well-positioned to serve a variety of tenant needs with potential multi-tenant space options.

Tower Investments is pleased to announce the purchase of the Westminster Neighborhood Shopping Center located at 8601 Sheridan Boulevard in Westminster, Colorado.  The 6.295-acre property includes one 71,367 sq.ft., multi-tenant building that is 100% leased to a mix of national tenants, including Chuze Fitness, Harbor Freight Tools and Guitar Center.  With 32 locations in 4 states, Chuze Fitness, founded in 2008, is a fast-growing, low-cost gym that offers numerous amenities and services while not sacrificing quality or customer service.  Harbor Freight Tools was founded in 1977, has 1,100 locations nationwide and employs 20,000 people.  Guitar Center was founded in 1959 and has 269 locations nationwide and employs 10,000 people.

The property is located just 20 minutes from Downtown Denver and is strategically located adjacent to the Denver Boulder Turnpike (Highway 36).

A Baltimore firm just cashed in on a Lower Broadway property, and its executives are hungry for more.

Continental Realty Corp. paid $36 million for the mixed-use building at 111 Broadway, which houses Rock Bottom Brewery and three office tenants, according to a statement. Since the building holds 50,303 square feet, that sale price is equal to around $715 per square foot.

Continental Realty previously bought a 320-unit apartment complex in Murfreesboro, but 111 Broadway marks its first investment in Nashville’s urban core. Lower Broadway assets rarely go on the market — 111 Broadway last sold in 2006 to California-based Tower Investments Inc. for $4.25 million. And Josh Dinstein, a senior vice president at Continental, is one of many investors who want to grow roots in the city's booming real estate market. He says his firm is actively looking for more properties here, pointing to its entertainment brand, along with recent company expansions, population growth and no state income tax, as major incentives.