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James F. Battin Federal Building

James F. Battin Federal Building is being sold in an online auction.

12:59 p.m. Bidding closed with bidder 3 offer for $3.275 million.

11:05 a.m. Bidder 3 offered $3.275 million at 10:59 a.m.; while bidder 6 offered $3.250 million at 10:59 a.m.

11:00 a.m. Bidder 3 offered $3.200 million at 10:46 a.m.; bidder 6 offered $3.175 million also at 10:46 a.m.

10:45 a.m. Bidder 3 offered $3.100 million at 10:31 a.m.; bidder 6 offered $3.075 million also at 10:31 a.m.

10:20 a.m.: Bidder 3 offered $3.050 million at 10:16 a.m.

10:15 a.m.: Bidder 6 offered $3.025 million at 10:09 a.m.


INITIAL REPORT: Online bidding for the former James F. Battin Federal Building hit the $3 million mark on Monday with bidder 3 offering significantly more than the $2.605 million bid made earlier in the morning.

After taking a break for the weekend, the sale resumed on Monday with bidder 6 offering $2.605 million at 7:49 a.m., resetting the two-hour countdown clock to 9:49 a.m.

Bidder 3 countered with $3 million at 8:43 a.m. If there is no higher bid by 10:43 a.m., the sale will close.

The General Services Administration is conducting the sale for the five-story building at 316 N. 26th St. Asbestos contamination led to the construction of a new, $80 million courthouse at 2601 Second Ave. N. The new courthouse opened last fall.

The agency began receiving bids on April 23. Since hitting the $1 million mark within the first few days, the bidding has been a contest between two bidders identified only by their numbers-- 6 and 3. The two have been bidding against each other in mostly $25,000 increments as set by GSA.

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Locations

Federal Court, Yellowtone County Reporter

Federal court and county reporter for The Billings Gazette.