The Transformation Church was the buyer of the Unit Corporate headquarters building in Tulsa.
Published reports identified the church as the new owner in a $35 million deal that allowed Unit Corp to remain in the more than 196,000-square-foot building which Unit developed 5 years ago.
As OK Energy Today reported earlier, Unit’s chairman and CEO Philip B. Smith stated in the original announcement that the sale allowed his company to pay off debt and strengthen its financial position.
Transformation Church is led by husband-and-wife pastors Michael and Natalie Todd. They took over management of the church six years ago. The church has acquired other properties in Tulsa including the empty Spirit Bank Event Center on S Regal Blvd in Tulsa.
The Center was sold in a $10.5 million deal in 2019. The church also acquired the PostRock Plaza retail center last year for $20.5 million.