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Durham investor Dilweg profits $5.6M after selling four Triangle office buildings

Oct 13, 2014 - Triangle Business Journal (North Carolina)

Durham real estate investor Anthony Dilweg has sold off four of the 12 office buildings that his real estate company acquired in August, reaping a nearly 18 percent profit of $5.65 million.

Real estate records show that Dilweg has sold the four buildings in Durham, Morrisville and Wake Forest, for $37.3 million to Continental Capital Partners of Virginia Beach, Va., a private equity firm.

An affiliate of The Dilweg Companies had paid $31.65 million for the same buildings in mid-Augus...