Here's what I wanted to tell you this past weekend, but couldn't because it had not yet happened. It just happened. Rejoice with me!
Our East Campus is located in a beautiful section on the far left side of a former grocery store and large strip mall (see picture) at the busy corner of FM518 and FM2351 in Friendswood. We've averaged over 1000 people in weekend attendance for the first 5 months of this year, in a space that's approximately 27,000 square feet. It's an attractive and very hip space, and the people who attend there are hip as well! :)
Nearly two years ago the owners of the property approached us about buying the entire strip mall. The price was $5 million. We seriously looked at and prayed about this option, but sensed that God was telling us to walk away. Since then our staff has walked around the entire building barefoot on two occasions, praying that God would do something special.
A few months back, the owners' agent approached us again and floated $2.5 million as a possibility. We submitted an earnest money contract while we prayed and took a fresh look at the property. Again, we walked away. But this time we returned with an offer below their $2.5m asking price. After some back and forth, (insert drum roll here...) we now own the ENTIRE building for well less than half the original price tag. Our monthly payment is about the same amount of our monthly lease payment. And our East Campus has room to expand!
The building has a total of approximately 70,000 square feet in a high traffic area, with great visibility and accessibility. (For perspective, that's nearly the size of the 288 Campus building, but with less parking.) We have several tenants whom we will work with and treat fairly. But it's obvious: The East Campus is being set up by God for great things!
Thank you, Lord, for your love and favor on our church family!