UPDATE: 14-story downtown Dayton tower sold

A downtown Dayton tower sold to a new owner for $1.8 million.

Property records show the Talbott Tower, at the corner of First and Ludlow streets, sold Jan. 3.

The 14-story tower was sold from Talbott Tower Associates to Talbott Tower Holding LLC, though it is not clear who is the buyer behind the LLC.

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The 131 N. Ludlow St. office building has a parking garage, offices and first floor retail space. The building was built in phases, with the earliest section dating back to 1937.

A message was left with the property management group seeking more information about the new owner and any plans they might have for the building.

Another downtown tower, the 11-story Courthouse Square building, recently sold. The nearby tower was sold to Stratacache, which is a growing digital sign company based in Dayton. The CEO said he will have more information in the near future about the company's plans.

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