Coastal Capital Partners and Tower Realty Investments Merge To Form Broad Reach Retail Partners

Coastal Capital Partners, LLC and Tower Realty Investments, LLC have merged to form Broad Reach Retail Partners, LLC. The new company will have offices in Atlanta, Baltimore, and Virginia Beach and will draw upon the combined experience of Nate Tower and Charles Moore, who will be responsible for all future acquisition efforts with an emphasis on value-added shopping centers in the Midwest, Northeast, Mid-Atlantic and Southeast.

Coastal Capital Partners, LLC was formed in 2002 and has purchased over $90 million in retail centers in the past five years. Baltimore-based TRI was formed by Nate Tower to purchase value-added shopping centers in the Eastern United States. TRI recently completed the acquisition of Badger Plaza, a 157,150 square foot grocery anchored center in Racine, WI.

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