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The sale has been in the works since 2019, after the nonprofit publisher determined through a study that Lifeway was occupying only 60% of the building on a daily basis. Lifeway publicly announced its plans to sell the building in January.
The company performed a feasibility study of its office in April, exploring options including leasing several floors to external occupants, selling the building and leasing back office space or moving to another location.
The company had a robust remote work culture, but Nashville-based employees pandemic-driven full transition to remote work in March 2020 emphasized the need for a change, Mandrell stated.
The company is shaping a new work environment based on feedback from employees. In Lifeway s new work model, employees will work remotely the majority of the time, coming into the building for meetings, brainstorming sessions and team building. The office space will include conference rooms, casual meeting spaces and drop-in worksta
David Atchison and Brian Casey of Colliers International | Nashville represented LifeWay in the deal.
At that time, and after an April feasibility study, LifeWay officials told theÂ
Post the company was exploring multiple options, including leasing several floors to other organizations, selling the building and leasing back its office space, or selling the building and moving to another location.
LifeWay President and CEO Ben Mandrell said last year that he and other LifeWay leaders have been looking at options for their headquarters since summer 2019, well before COVID-19 hit.
A study completed before the pandemic showed Lifeway was using the building at only 60 percent occupancy on a daily basis, he said.
HCCP New Imprint Dives Deep into Bible Study Market By Cathy Lynn Grossman | Apr 28, 2021
HarperCollins Christian Publishing, already the nation’s largest religion publisher, has moved to broaden its stake in the church curriculum and Bible study market with a new imprint announced Tuesday, HarperChristian Resources.
HCR will draw content from HCCP’s current imprints, Thomas Nelson and Zondervan, “as well as other Christian trade book publishers,” and expand with new print, digital, video and streaming offerings of texts and guides for individual and group Bible study, ministry programs and church campaigns.
The company announcement also highlights plans for “original projects from leading Bible teachers,” under a marketing banner of “Today’s most trusted voices, including bestselling authors such as Max Lucado, Lysa TerKeurst, Andy Stanley, Jennie Allen, Peter Scazzero, and Ann Voskamp. Titles that authors previously published with T
Stock.adobe.com
By DIANA CHANDLER
Baptist Press Apr 4, 2021
Bible sales were strong but engagement no better than 2020. Stock.adobe.com
PHILADELPHIA (BP) â Americans bought more Bibles in 2020 as the COVID-19 pandemic spread, industry leaders said, but a major study shows Bible engagement during the pandemic was no greater than the previous year.
Both Lifeway Christian Resources and Thomas Nelson Bibles saw increases in Bible sales, which a Thomas Nelson executive described as an increase seen industry wide.
But the American Bible Society (ABS), in conducting both its annual State of the Bible research in early 2020 followed by a special COVID-19 study months later, found that Bible engagement slacked after the pandemic began.