Pelican State Credit Union has closed on a previously announced purchase of the Piccadilly headquarters building. The credit union paid $3.5 million for the 42,000-square-foot building in a deal that was filed Thursday. In October, Pelican State announced plans to buy the building on South Sherwood Forest Boulevard and lease back 15,000 square feet to Piccadilly. Both firms will operate their headquarters out of the building. A Pelican State spokeswoman says the credit union will begin to move into the building within six months.
Pelican State buys Piccadilly HQ for $3.5 million
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