Orlando Terrace bought the 60-year-old building from the U.S. General Services Administration in March for $1.94 million or an estimated $32.33 per sf based on the 60,000 sf Orlando Terrace actually owns.

The Post Office and the church will be joint owners of the property. The asset will not appear on the Orange County tax rolls.

Orlando Terrace and church officials couldn't be reached at GlobeSt.com's publication deadline to learn the asking price and terms of the deal. But church associates and area brokers intimate with the transaction tell GlobeSt.com the church plans to acquire additional Downtown property to build a central campus and consolidate several offices located in nearby buildings.