An agreement has been reached with a Woodland-based real estate development and investment company to purchase The Stockton Record’s East Market Street facility.
The Record building itself, along with its highway access and visibility, makes it a good match for his company, said Matthew Marks, a senior vice president of Tower Investments.
The 32-year-old company invests and manages a diverse, national real estate portfolio. It owns dozens of properties in California, including the Heartland Steel Manufacturing Facility in Lodi.
“Stockton has a lot going on,” Marks said. “We buy stabilized lease buildings and like the overall quality (of this one).”