26M Finances Unisys Building

By Bob Howard
Last updated: December 11, 2002
www.globest.com

MISSION VIEJO, CA-The owners of the 303,000 sf office property occupied by Unisys Corp. have obtained $26 million in financing for the project.
Principal Commercial Acceptance (PCA) provided the funding on behalf of Steadfast Jeronimo I, II, III, IV, according to L.J. Melody, a CB Richard Ellis company, which arranged the financing. Melody's Wayne Paulus says the building was constructed in 1970 and is entirely occupied by Unisys.

The Mission Viejo facility is at 25725 Jeronimo Road and is one of the company's major software development sites. Publicly held Unisys, one of the three largest employers in Mission Viejo, is a worldwide information technology firm that operates in 100 countries.

Its products and services include Internet infrastructure, building security systems, check clearing services for banks and financial institutions, consulting services and software for communications companies, computerized information processing systems for traditional and online publishers, and technical services to sports organizations like the United States Golf Association.

Original Article

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