Dilweg Buys Sarasota City Center in Two-Property Deal with Osprey Management
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The Dilweg Companies, an active real estate investment management firm based in Durham, NC, acquired the 245,293-square-foot Sarasota City Center office tower in downtown Sarasota, FL. Dilweg bought the building, along with the 23-story First Citizens Bank Plaza in Charlotte from Osprey Management Co. for $ 115.5 million. The Sarasota building was allocated at $ 36.5 million of the sale price, or about $ 149 per square foot. Built in 1989 at 1819…
Tampa/St. Petersburg Commercial Real Estate News From CoStar Group
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