AKRON, OH-The Akron Beacon Journal reported that an 11-storybuilding in downtown Akron will face a sheriff's sale after fallinginto foreclosure. The Key Building at 159 S. Main St. was valued at$9.528 million.
The bidding for the building will start at $6.352 million. Thenewspaper reported that 159 Associates Ltd., the building owner,owed over $8 million on the building when U.S. Bank NationalAssociation as well as others foreclosed on it. DTM Real EstateServices is the court-appointed receiver. For the full story, goto Columbus Business First .
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