{"id":1004066671,"date":"2013-02-04T21:25:12","date_gmt":"2013-02-05T05:25:12","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=99484"},"modified":"2022-12-07T14:35:13","modified_gmt":"2022-12-07T22:35:13","slug":"akrons-key-building-to-hit-the-auction-block-cantons-huntington-plaza-sold-to-ameritrust","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/akrons-key-building-to-hit-the-auction-block-cantons-huntington-plaza-sold-to-ameritrust\/","title":{"rendered":"Akron\u2019s Key Building to Hit the Auction Block; Canton\u2019s Huntington Plaza Sold to Ameritrust"},"content":{"rendered":"<p style=\"text-align: justify\"><em>By Adrian Maties, Associate Editor<\/em><\/p>\n<p style=\"text-align: justify\">One of downtown Akron\u2019s landmark office towers will soon be on the auction block. The Key Building will be offered at a public auction in late February through Auction.com.<\/p>\n<p style=\"text-align: justify\">The 11-story building was constructed in 1911. <a href=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/02\/FormerKeyBank-1_bigThumb.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-99485\" src=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2013\/02\/FormerKeyBank-1_bigThumb.jpg\" alt=\"\" width=\"243\" height=\"300\" \/><\/a>It sits on 0.42 acres at 159 S. Main St. According to Auction.com, the former KeyBank Building was 29.95 percent occupied as of Oct. 31, 2012. It has 158,259 square feet of rentable space, which underwent renovations in 1988. The property is located near many city attractions, including Lock 3 Park,\u00a0 John S. Knight Center and Canal Park.<\/p>\n<p style=\"text-align: justify\">The bank that foreclosed on the building bought it back last June at a Sheriff\u2019s Auction. At that time, the Key Building was appraised at roughly $9.5 million.<\/p>\n<p style=\"text-align: justify\">According to Auction.com, the auction is set to begin on Feb. 25 and end on Feb. 26, with the starting bid set at $600,000. It will be offered through a reserve auction, through which the seller reserves the right to accept or decline the final bid.<\/p>\n<p style=\"text-align: justify\">In other real estate-related news, Canton\u2019s Huntington Plaza was sold to Amerimar Enterprises, a national real estate development, investment and management company based in Philadelphia. The cost of the transaction was $12 million, according to the<em> Canton Repository<\/em>.<\/p>\n<p style=\"text-align: justify\">The 11-story office building is located at 220 Market Ave. South, in the heart of Canton\u2019s downtown. It was constructed in 1986 and totals 130,999 square feet of space. Huntington Plaza was sold together with the New Market Parking Deck located across the street. The two properties are directly connected by an enclosed skywalk, with the parking deck offering 500 parking spaces on five stories.<\/p>\n<p style=\"text-align: justify\">The property was sold by Tina Zenedes, a Realtor with Howard Hanna.<\/p>\n<p>Photo credits: Auction.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of downtown Akron&rsquo;s landmark office towers will soon hit the auction block. The Key Building will be offered at a public auction in late February through Auction.com.<\/p>\n<p>The 11-story building was constructed in 1911. It sits on 0.42 acres at 159 S. Main St. According to Auction.com, the former KeyBank Building was 29.95% occupied as of October 31, 2012. It has 158,259 square feet of rentable space. In 1988, the building underwent renovations. The property is located next to many  city attractions. Lock 3 Park,  John S. Knight Center, and Canal Park are all nearby.<\/p>\n","protected":false},"author":925,"featured_media":1004506526,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1584,21742],"tags":[39423,1815],"class_list":["post-1004066671","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cleveland","category-latest","tag-cleveland","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Akron\u2019s Key Building to Hit the Auction Block; Canton\u2019s Huntington Plaza Sold to Ameritrust - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/akrons-key-building-to-hit-the-auction-block-cantons-huntington-plaza-sold-to-ameritrust\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Akron\u2019s Key Building to Hit the Auction Block; Canton\u2019s Huntington Plaza Sold to Ameritrust\" \/>\n<meta property=\"og:description\" content=\"One of downtown Akron&rsquo;s landmark office towers will soon hit the auction block. The Key Building will be offered at a public auction in late February through Auction.com.  The 11-story building was constructed in 1911. It sits on 0.42 acres at 159 S. Main St. According to Auction.com, the former KeyBank Building was 29.95% occupied as of October 31, 2012. It has 158,259 square feet of rentable space. In 1988, the building underwent renovations. The property is located next to many city attractions. Lock 3 Park, John S. Knight Center, and Canal Park are all nearby.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/akrons-key-building-to-hit-the-auction-block-cantons-huntington-plaza-sold-to-ameritrust\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2013-02-05T05:25:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-07T22:35:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/FormerKeyBank-1_bigThumb.jpg?w=1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adrian Maties\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/akrons-key-building-to-hit-the-auction-block-cantons-huntington-plaza-sold-to-ameritrust\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/akrons-key-building-to-hit-the-auction-block-cantons-huntington-plaza-sold-to-ameritrust\\\/\"},\"author\":{\"name\":\"Adrian Maties\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/6dfc8d1c9006c9fd1c89d69133130109\"},\"headline\":\"Akron\u2019s Key Building to Hit the Auction Block; 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