NASHVILLE (BP) – Lifeway Christian Resources has completed the sale of its building in downtown Nashville for $95 million.
“I’m pleased and grateful to God for the sale of our building,” Lifeway CEO Ben Mandrell said. “This is a highly strategic decision for Lifeway’s future.”
Mandrell said he is excited about Lifeway’s next workplace and the prospects of settling into a new work environment.
“We are moving away from the idea of a ‘headquarters’ to a fully mobile and agile workforce that intentionally gathers to build strong relationships, celebrate what God is doing and share ideas,” he said.
Mandrell and other Lifeway leaders had been looking at options for their headquarters since the summer of 2019.
The company moved in to its current building in the Capitol View area of Nashville in 2017 after selling its previous building to investors. The earlier building, which housed Lifeway for more than 25 years, was imploded by its new owners in January of 2018.
“We completed a study two years ago that showed we were using the building at only 60 percent occupancy on a daily basis,” Mandrell said. “Because of a robust remote work culture, we had lots of space we weren’t using.”
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Source: Baptist Press