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Southwest tech office complex sold for $1.2 million

The 4,950-square-foot building at 3014 Allegro Park Lane SW, which houses Corporate Web Services Inc., was purchased for $1.2 million by Sota Properties LLC on Tuesday.

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A Southwest Rochester office complex that’s been a longtime home to a Med City tech business was acquired for $1.2 million this week.

The 4,950-square-foot building at 3014 Allegro Park Lane SW, which houses Corporate Web Services Inc. , was purchased by Sota Properties, LLC on Tuesday. Sota Properties is based at 956 Hunters Point Lane SW in Rochester.

Sota made a down payment of $103,333.

De Keyrel Properties, LLC, led by CWS Founder and President Alan De Keyrel , sold the property.

De Keyrel built it in 2004 to accommodate his growing business, which moved to the complex from its previous office at 829 Third Ave.

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Olmsted County estimated the total market value of the property at $785,000 for 2020-2021, which is up from $654,000 for 2019-2020.

Jeff Kiger tracks business action in Rochester and southeastern Minnesota every day in "Heard on the Street." Send tips to jkiger@postbulletin.com or via Twitter to @whereskiger . You can call him at 507-285-7798.

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