AKRON, OH-The Akron Beacon Journal reported that an 11-story building in downtown Akron will face a sheriff's sale after falling into 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. The newspaper reported that 159 Associates Ltd., the building owner, owed over $8 million on the building when U.S. Bank National Association as well as others foreclosed on it. DTM Real Estate Services is the court-appointed receiver. For the full story, go to Columbus Business First .
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