LifeWay Christian Resources has entered talks to purchase a 1.6-acre site in the southern part of downtown Nashville, according to the Nashville Business Journal.

Earlier this year, the company agreed to sell its current campus to Uptown Nashville LLC for approximately $125 million. The estimated value of the new property, currently undeveloped, is just under $5 million.

At present, LifeWay only uses roughly one-third of the 1.2 million square feet of space in its current facility, which sits on 15 acres of prime Nashville real estate.

According to the report, LifeWay will rent space in its current building for several years once the sale to Uptown Nashville is complete. This would give the company time to build and outfit its new headquarters facility without interrupting its continued business presence in Nashville.

LifeWay Christian Resources owns and operates the LifeWay Christian Stores chain.

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