Saturday, May 20, 2017

Colorado and Kansas CUs Buy Corporate Office Buildings

Elevations Credit Union (Boulder, CO) and Meritrust Credit Union (Wichita, KS) have purchased corporate office buildings.

Office-supply chain Staples has sold its four-story corporate office building in Broomfield for $16.5 million to Elevations Credit Union.

According to public records, Staples Contract and Commercial Inc., sold its 149,038-square-foot building and 17.6 acres at 1 Environmental Way in the Interlocken business park to One Environmental Way LLC, an entity created by Elevations.

In Wichita, Meritrust Credit Union announced that it has reached an agreement to buy the current headquarters building of Cargill Meat Solutions.

The building will house the credit union’s administrative departments and offices for mortgage services, wealth management advisors and small business services.

Terms of the deal were not disclosed.

Read the story.

Meritrust press release.

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