March 8, 2016 Comments Off on Dilweg Cos. Sells Office Buildings for $46M Views: 443 California News, National News, North Carolina, Southeast

Dilweg Cos. Sells Office Buildings for $46M

Dilweg Cos. sold One SouthPark Center and Two SouthPark Center to CCP Commercial Real Estate. The Durham, NC-based Dilweg sold the pair of Charlotte, NC-based, Class A office buildings for $46.5 million.

The sales price was a 39% percent premium above the $33.5 million that the company paid for the properties in 2013.

The two buildings total 238,018 square feet. The 10-story One SouthPark Center, at 6060 Piedmont Row Dr. S., was 96% occupied. The five-story Two SouthPark Center, at 6135 Park South Dr., was 95% occupied.

The transaction closely follows Dilweg’s late-February acquisition of Resource Square I, II and V office buildings in Charlotte’s University/Northeast submarket.

Read More at Triangle Business Journal

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