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Taylor Development Group Pays $12.3M for Greensboro Business Center

The Dilweg Cos Sells South Elm Business Center
September 26, 2017
Taylor Development Group acquired the 13-building South Elm Business Center in Greensboro, NC from The Dilweg Companies for $12.3 million, or about $37 per square foot.

The industrial and flex park delivered between 1981 and 1988 at the corner of South Elm Eugene St. and Creek Ridge Rd. It totals 330,000 square feet and was 88 percent leased at the time of sale.

Chris Ramm of Ramm Commercial Properties represented the buyer. Jonathan Smith of CBRE | Triad represented the seller.

Please see CoStar COMPS #4012527 for more information on this transaction.
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