DETROIT (AP) – A would-be purchaser has placed the top bid of $12.2 million for Detroit’s historic Fisher and Albert Kahn buildings

A three-day online auction ended Wednesday. The Detroit Free Press says the buyer’s identity wasn’t immediately disclosed.

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The deal is subject to verification procedures.

The buildings in the New Center area went up for sale after FK Acquisition LLC defaulted on a $27 million mortgage two years ago.

The early 20th century Art Deco buildings are on the National Register of Historic Places. They’re being sold along with parking garages and surface lots.

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The 30-story Fisher Building was built in 1928. It includes the Fisher Theatre and is home to WJR-AM.

The eight-story Kahn nearby is named after the architect and firm he established. Albert Kahn Associates remains a key tenant.

 

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