California Lutheran University has sold a 10-acre property where its Pacific Lutheran Theological Seminary once operated in Berkeley to Zaytuna College, the only Muslim liberal arts college in the U.S., for $10 million.
"We are delighted that the property is going to another nonprofit, faith-based educational institution," said CLU President Chris Kimball.
The PLTS recently moved to an office building on Center Street in downtown Berkeley in order to work more closely with the surrounding community. The sale of the property will help ensure the seminary's financial stability for many years to come. The sale price was not disclosed.
A news release from CLU said the sale will allow Zaytuna to expand and develop its first master's degree program.
Hamza Yusuf, president of Zaytuna, said, "We are humbled and honored by this beautiful display of interreligious cooperation. The Lutheran community built and maintained this lovely campus and has seen fit to entrust us with its next chapter. We intend not to disappoint them."