AZSBC office sale is back on

Oct 30, 2018

The sale of the Arizona Southern Baptist Convention office and Gateway Seminary Arizona Campus in Scottsdale and purchase of an office complex in northwest Phoenix are back on, said AZSBC Executive Director David Johnson.

A real estate developer backed out of the original agreement to purchase the AZSBC’s property on Hayden Road in Scottsdale earlier this year, leading the convention to cancel its offer to purchase Cornerstone Plaza, the property in northwest Phoenix.

Another real estate developer’s offer to purchase the 2.37-acre Hayden Road property for $2.5 million has been accepted, Johnson said, and the convention has re-entered the contract to purchase Cornerstone Plaza with the original terms and purchase price of $1.2 million.

The sale of the Hayden Road property is scheduled to close in December, and the AZSBC will be allowed occupancy for up to 30 days past the closing date. As before, the purchase of Cornerstone Plaza is contingent on the sale of the Hayden Road property, Johnson said, but the plan is to close on the purchase by the end of the year.

Share This Article:

Recent Articles:

‘Forever Changed’: College team serves in Sub-Saharan Africa

July 10, 2024

Goodness comes from obedience. This simple statement had a profound effect on a group of college students from Arizona and Hawaii this summer while serving in Sub-Saharan Africa. More than…

God changes lives at Zona Camp

July 10, 2024

For the past 21 years, Arizona churches have sent leaders along with middle and high school students to Zona Camp. While locations and people have shifted over the years, one…

After months of preparation, Northwest Chinese sees gospel responses at concert

June 24, 2024

The “God without impossibilities” brought famous Taiwanese performer Huang Kuo-Lun’s evangelistic concert to Phoenix June 9, and before the event was over, more than 70 attendees made a profession of…