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For sale: one used university

BIG SANDY, Texas-The president of Ambassador University announced June 6 that a commercial real-estate firm, Grubb & Ellis of Dallas, Texas, is handling the sale of the university's 350-acre campus and the surrounding 1,900 acres, all of which is owned by the Worldwide Church of God.

According to President Russell Duke in a news release, the school selected Grubb & Ellis because of its reputation and prominent standing in the real-estate business.

The same firm has been contracted with by the WCG to sell the church grounds in Pasadena, Calif., the release said.

The school's board of regents announced Dec. 30, 1996, that the last of the three Ambassador campuses would be closed after the spring 1997 semester, and the university would be up for sale. It held its final commencement exercises May 19 (THE JOURNAL, May 30).

WCG founder Herbert Armstrong founded Ambassador College in Pasadena in 1947. A campus in Bricket Wood, England, opened in 1960, closing in 1974. The Big Sandy campus opened in 1964, closed in 1977, reopened in 1981, then reclosed this year.

Anyone interested in buying all or part of the university property should contact William Vaughn of Grubb & Ellis at (972) 450-3301.



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