In the past, I've discussed at length (here) the many attributes of leasing space as opposed to building facilities. While our church built a new facility and relocated last year, we originally looked strongly at leasing. The cost to build was out of this solar system, but, in our area, a suburb of Portland Oregon, things were booming in the retail industry as well. After researching 50 properties, there were no options for us. Mercantile spots were not available simply because we represented little retail traffic for other stores. Forget the fact that we would be paying top dollar. Forget the fact that we had hundreds of thousands of dollars in the bank. Forget the fact that we were signing a lease of 7-10 years. Nothing!
Many of you know that we recently started a new campus, a third service on Saturday evenings, in a town 50 miles from our facility. Oh, the difference a few years makes! We've been able to secure square footage directly in the mall for pennies on the dollar compared to what we were looking at a few years ago. In fact, the mall has multiple spaces they are willing to make available to us for a very reasonable amount of money. Our space is about 5K feet, but they have spaces as big as 46K feet they will allow us to occupy. While I can't publicize the prices we are paying, you have to know that I couldn't meet in a tent at for the same monthly charge!
Of course, the mall's long term goal is mercantile. Our lease is quarterly. But they are appreciative of our timely payments, and our behavior amongst the other stores, and our interaction in the mall life, no to mention that we have brought in some retail traffic as we gather. They WANT our business, and until the economy picks up (and it would really have to pick up in this mall), we have time and space to build a family!
I say all this to challenge you to do your homework. If you have a building that is hurting your cause, and you can find similar diggs in a mall/shopping center/office complex that would be better, why not consider taking the millstone from around your neck (SELL!!!) and allow the asset (money) to launch you forward into a more visible place of ministry in the community?
For more pics of the campus click here.
For more info on our 2nd campus launch click here.


