Dilweg Cos. selling Sarasota City Center office building

Planned disposition comes after roughly $5 million upgrade to downtown Sarasota property

  • By Kevin McQuaid
  • | 6:00 a.m. October 11, 2019
  • | 0 Free Articles Remaining!
COURTESY PHOTO — The Dilweg Cos. of North Carolina has retained brokerage firm JLL to market the 13-story Sarasota City Center in downtown Sarasota for sale.
COURTESY PHOTO — The Dilweg Cos. of North Carolina has retained brokerage firm JLL to market the 13-story Sarasota City Center in downtown Sarasota for sale.
  • Commercial Real Estate
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The Dilweg Cos. is offering its Sarasota City Center office project for sale, months after completing a roughly $5 million renovation at the 13-story building.

The Durham, N.C.-based investment firm, through commercial real estate brokerage JLL’s Miami office absorbed in July as part of its acquisition of rival Holliday Fenoglio Fowler L.P., is seeking about $50 million for the property at 1819 Main St. in downtown Sarasota.

 

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