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Dilweg Relaunches Pinpoint Properties as Independent Partner

DURHAM, N.C. (September 09, 2013) – Commercial real estate investment company, The Dilweg Companies, announced today the relaunch of Pinpoint Properties as an independent partner. Pinpoint originally merged with the Dilweg Companies in 2011.

Under the leadership of Bruce Knott, former chief operating officer of Dilweg, Pinpoint will retain a significant role in the development, asset management, sales and leasing of Dilweg’s small to mid-size retail and office portfolio across the Triangle. Dilweg will concentrate on the acquisition and repositioning of larger Class A office assets throughout the mid-Atlantic region.

“This new arrangement creates greater efficiency and flexibility for both organizations,” said Anthony Dilweg, CEO of The Dilweg Companies. “Our new relationship will allow each group to be highly focused on delivering value for our investors.”

Dilweg has acquired 230,000 square feet of local office and retail projects and nearly 1 million square feet of Class A office real estate in Atlanta and Charlotte after merging with Pinpoint two years ago.

Joni Barnes, the president of the Triangle Commercial Association of Realtors®, will join Pinpoint as the director of sales and leasing. Barnes will perform general brokerage, tenant and landlord representation, and specialize in office condominium sales and leasing.

About The Dilweg Companies

The Dilweg Companies is a full-service commercial real estate firm based in Durham, North Carolina. Since its launch in 1997, Dilweg has gained broad experience in the acquisition, development and operation of office, retail warehouse/flex, multifamily and self-storage properties. Dilweg’s investors have sponsored over $510 million in asset value and more than 6 million square feet throughout North Carolina, South Carolina, Virginia and Georgia. For more information, please call (919) 313-3483 or go to www.dilweg.com.

About Pinpoint Properties

Pinpoint Properties is a Research Triangle Park based commercial real estate development company. Since its inception in 2004 until its merger with Dilweg the company had developed and acquired 430,000 square feet of office and retail product. For more information, please call (919) 201-7306 or go to http://www.pinpointprop.com.