
The Chi Phi Educational Trust owns and manages the William M. Byrd Chi Phi National Headquarters Building located at 1160 Satellite Boul
evard in Suwanee, Georgia. The 6,000 square foot building is named for William M. Byrd, Nu 1953, a long-time Trustee and Chi Phi volunteer who left nearly $3.8 million to the Trust after his death.
As the owner, the Trust leases the building to the Fraternity and another private, non-Chi Phi-related commercial entity. The Fraternity occupies 4,500 square feet and pays the Educational Trust annual rent as part of a ten-year lease.
Located in a business condo office park in Suwanee, Georgia, the Byrd Headquarters provides ample space for the Fraternity's full-time staff to operate. In 2007,
Money Magazine named Suwanee as the 10th Best Place to Live in the U.S.
The Trust purchased the new headquarters building in 2007 for a total purchase price of $1,065,000. The Trust quickly closed on the sale thanks to a 60% return on investment from the sale of the former Lilburn Chi Phi Headquarters Building and Brother Byrd's generous estate gift. Then Trust Chairman Jim Soderquist, Alpha 1967 announced the purchase at the 2007 Congress in Las Vegas, Nevada.