John Chesnut
“The
sale of our global headquarters will help us marshal every resource at our
disposal to press on toward seeing every person around the globe have access to
a Bible in a language and format they can understand in our lifetime,” said John
Chesnut, president and CEO of Wycliffe USA.
Wycliffe USA’s headquarters facilities were constructed in the early 2000s with a planned capacity of 800 people. However, the organization’s geographically dispersed workforce, coupled with broader trends in remote work, has led to underutilization of the space and surrounding acerage.
Additionally, there is
a rise globally in local churches initiating translation work, which means a
reduction in the need for the same number of US-based participants as in the
past. Wycliffe USA will relocate its headquarters near the current location
pending the sale of the property.
 |
| Wycliffe USA’s headquarters comprises 272 acres in the Lake Nona submarket of Orlando, FL |
The
property listed for sale comprises 272 acres in the Lake Nona submarket of
Orlando. It includes more than 167,000 square feet of Class “A” office and
120,000 square feet of ancillary support facilities, including an activity
center, RV park, corporate lodging, visitor center, clinic and warehouses.
The
property includes large tracts of park, mitigation and wetland areas, as well
as 47 acres of pad-ready lots with entitlements for further campus expansion.
 |
| Trent Scott |
“Florida is one of the fastest-growing commercial real estate markets in the country, and the Wycliffe campus is one-of-a-kind,” said
Trent Scott, president
of First Capital Property Group, Inc.| CORFAC International, the firm
representing Wycliffe USA in the sale efforts.
“It
is rare to find a property of this size, so close to recent residential
development and transportation options, that is both move-in ready and provides
for immediate expansion.”
“We’re
grateful for the expertise of First Capital Property Group as Wycliffe’s
Executive Leadership Team explored this opportunity,” Chesnut said.
“Their deep knowledge
of the Orlando market has strengthened our confidence that selling the property
will put Wycliffe in the best position to direct as many resources as possible
to the mission.”
CONTACTS:
emma.angell@pinkston.co
Trent Scott
407.872.0930
.
