United Methodist Publishing House sells campus for $24.5 million
The United Methodist Publishing House announced on October 4 that the sale of its Nashville property has been completed, at a price of $24.5 million. The lakefront campus was sold to R2, a Chicago-based real estate investment firm.
UMPH is the denomination’s oldest continuous entity, dating to 1789. However, recent decades have seen it contracting along with the denomination’s US membership.
In 2012, UMPH announced that it would be closing all of its brick-and-