Inman

Gospel church leases industrial space

Catellus Development Corp. recently leased the former MTI Technology Corp. headquarters to The Foursquare Gospel Church in Anaheim, Calif.

The 10-year lease, with an option to purchase, was valued at $11 million.

The Foursquare Gospel Church will move from its current location in East Anaheim into the 130,595-square-foot industrial building located at 4905 East La Palma Ave.

The organization plans to make tenant improvements to the facility that will include remodeling the warehouse space into a sanctuary and using the existing offices for church management.

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