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Worldwide Church of God
Purchases Building in Glendora
The Worldwide Church of God purchased a 55,400-sq.-ft. office/industrial
building in Glendora to house its world headquarters. The
transaction was valued at $5.3 million, according to Grubb
& Ellis Co., which represented the buyer.
The two-story, concrete tilt-up building is located at 2011
E. Financial Way. The church will be relocating from the Ambassador
College campus it owns in Pasadena of which a portion has
already been sold and the balance is currently being marketed
for sale. One-third was purchased by a residential developer
and one-third was purchased by a church and Christian high
school.
The Worldwide Church of God is a Christian denomination with
about 64,000 members, worshiping in 860 congregations in 90
nations.
Linda Lee of Grubb & Ellis' downtown Los Angeles office
represented the buyer in the transaction. Todd Launchbaugh
of Lee & Associates represented the seller, Caltrol Inc.
of Glendora.
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