SRP purchases Altier Credit Union’s Tempe HQ for $7.8M

Altier Credit Union, Tempe
Altier Credit Union, Tempe

By Kristena Hansen | Phoenix Business Journal

Salt River Project has scooped up Altier Credit Union’s 61,800-square-foot headquarters in Tempe for $7.8 million, according to a statement Wednesday by the Phoenix office of Colliers International.

The transaction was a sale-leaseback in which Altier signed a 15-year lease to house a smaller branch, the statement said. Altier will relocate its headquarters elsewhere in Tempe, but the exact location was not immediately available.

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