Item 2. PROPERTIES

The headquarters of KeyCorp and KeyBank are located in Key Tower at 127 Public Square, Cleveland, Ohio 44114-1306. At December 31, 2019, Key leased approximately 477,744 square feet of the complex, encompassing the first 12 floors and the 54th through 56th floors of the 57-story Key Tower. In addition, Key owned two buildings in Brooklyn, Ohio, with office space that it operated from and leased out totaling 563,458 square feet at December 31, 2019. Our office space is used by all of our segments. As of the same date, KeyBank owned 467 branches and leased 631 branches. The lease terms for applicable branches are not individually material, with terms ranging from month-to-month to 99 years from inception.