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Published: Thursday, October 17, 2019 @ 8:31 AM
By: Thomas Gnau - Staff Writer
— The Fifth Third Center building in downtown Dayton will be on the auction block next month. The starting bid is set at $2.25 million.
The 343,236-square-foot class A office building at 1 S. Main Street is 38 percent occupied with about 212,000 square feet of available space ready for lease, states a Real Insight Marketplace web site detailing the auction.
The auction is set for 11 a.m. Nov. 4 to 12:20 p.m. Nov. 6. For more information or to register for the auction, visit https://marketplace.realinsight.com/sales/details/524.
One of the most recognizable downtown buildings, the 20-story building includes a seven-level, 420-space parking garage at the southeast corner of West Third Street and South Ludlow Street.
One South Main Street Holdings LLC — linked to to CW Capital Asset Management in Bethesda, Md. — bought the building in January 2018 for $12.5 million from Ducru Spe LLC, along with associated parcels. The building had been mired in a foreclosure process the previous year.