The Dilweg Cos. Appoints New Regional Director

The CRE investment firm has hired Blake Underwood as regional director of acquisitions to help expand the company's Southeast office portfolio.
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Blake Underwood, Regional Director of Acquisitions, The Dilweg Cos.

Durham, N.C.—Leading Southeast commercial real estate investment firm The Dilweg Cos. recently announced Blake Underwood has joined the firm as the new regional director of acquisitions.

In his new role, Underwood will be in charge of sourcing and underwriting potential real estate investment opportunities, largely in the greater Atlanta market. He will be based in the firm’s Downtown Atlanta office in Centennial Tower, which the company acquired in 2015 for $68.8 million.

The new hire comes at a time when the firm is looking to expand its footprint in Atlanta and its Southeast office portfolio.

“Blake’s knowledge and experience sourcing real estate acquisitions will help strengthen our team and support our growing commercial real estate presence in the Southeast,” said Anthony Dilweg, CEO of The Dilweg Cos, in a prepared statement.

Underwood’s was previously director of real estate transactions for Columbia Property Trust in Atlanta, where he was involved in more than $3.9 billion in transaction activity. Underwood also received his MBA in finance and real estate from Emory University and a BBA in real estate from the University of Georgia.

Dilweg currently has an office portfolio of 1.6 million square feet in the Atlanta metro and 3.4 million square feet in the Southeast. Since 1999, Dilweg investors have sponsored more than $890 million in assets and more than 9 million square feet throughout North Carolina, South Carolina, Virginia and Georgia.