29
Dec
Longaberger basket property sells for $1.2M to developer with plans
The Longaberger basket building has been sold.
The iconic seven-story office building at 1500 E. Main St. in Newark has been sold to Coon Restoration of Louisville, which is near Canton. The developer has an eye toward converting the building and its 21-acre site to a new use, the company said in a release.
The property sold to Historic Newark Basket LLC for $1.2 million, according to the Licking County Auditor’s office. It previously was worth $12.64 million, according to the auditor’s office,…
Source: Arizona Business Journal
