CHARLOTTE-The Dilweg Cos. has made its third office building purchase here so far this year, acquiring the 121 West Trade building for nearly $60 million.
An affiliate of Durham-based Dilweg (TDC Trade & Tryon) closed on the $59.6-million acquisition. The seller of the 32-story, 330,000-square-foot office property was Cornerstone Real Estate Advisors of Hartford, CT, according to the Charlotte Business Journal. The building is currently 72% occupied.
This summer, Dilweg purchased the One and Two SouthPark Center in Charlotte from an affiliate of Trammell Crow Co. for $33.5 million. See story in the Charlotte Business Journal.
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