And yet another sale of Watchtower property...
http://www.ibj.com/articles/59973-suburban-mega-church-expanding-into-downtown-with-big-purchase
Suburban megachurch expanding into downtown with big purchase
A historic church building at the corner of 12th and Delaware streets has been purchased by a large congregation expanding into the downtown area.Traders Point Christian Church in Whitestown is spending $2 million to renovate the 35,300-square-foot structure and should have it ready for worship early next year, Rev. James Stanley said.
The neoclassical, limestone building has been used as a place of worship since it was built in 1912 and had been owned by The Jehovah’s Witnesses since 1978.
The location at 1201 N. Delaware St., across from the Benjamin Harrison Presidential Site, will be the third for Traders Point. The congregation turned to downtown following its entrance into Carmel in January and quickly homed in on the Jehovah’s facility.
“We could not believe the pristine, well-maintained condition of the building,” Stanley said. “It was like everyone’s jaw dropped, with a building that old, how well-maintained it had been.”
The building includes a 1,200-seat auditorium renovated in 1995. That’s a little larger than what Traders Point needs. But the church likely will reduce the space somewhat to better fit its plans of hosting multiple services at different times.Still, the structure’s overall size meets the congregation’s “prototype of what we’re looking for,” Stanley said.
Interior work will be done to bring the space up to Traders Point standards.
“The biggest portion of renovations will be to make it look like our brand,” he said. “The difference is, it’s got some historic features; we’re trying to respect that.”
*Read rest of article at link
**suggestion...this forum should have a section just for all the WT's real estate deals