MDJ Partners, LLC announced today that it has entered into a contract to purchase the property of Ridglea Presbyterian Church (RPC) on Camp Bowie Boulevard. The purchase price was not disclosed.
“While it is always hard to leave your home of over 70 years, this is a good day for our congregation,” said Bob West, coordinator of the RPC Contract Negotiating Team. “We are looking forward to continuing the mission of our church at a new location, and we are confident that we have chosen the right partner in MDJ Partners and look forward to working with them. We want to encourage the neighborhoods, area leaders and members of the public to work with MDJ Partners as we work to bring this contract to a close.”
The buyer, MDJ Partners, is a local investment group managed by Jarod Cox. “We are very excited to have been chosen by RPC as the buyer of this property,” said Cox, managing member of MDJ. “We view this as a ‘blue chip’ asset for us and one we plan to own for a very long time. In the coming weeks we look forward to meeting with the neighborhoods and area stakeholders. As a resident of Ridglea Hills and regular consumer on Camp Bowie Boulevard, I am excited about the future of this property.”
Ridglea Presbyterian Church is a congregation of 400 members and has been in its current home at 6201 Camp Bowie Boulevard since 1944.
MDJ Partners is a real estate investment group based in Fort Worth. This will be their third acquisition in the Camp Bowie area. MDJ recently purchased the old Kroger site at Camp Bowie and Clayton.