Fiserv Signs $1.6-Mil Relocation Deal

CHATSWORTH, CA-The data-processing and information-management firm will move from Van Nuys into a 27,274-sf building inside Parker Industrial Properties' Nordhoff Industrial Complex.

By David W. Myers | Updated on December 21, 2001

CHATSWORTH, CA-A company that provides data-processing and information-management systems has signed a $1.6-million deal to move its LA-area headquarters into this North San Fernando Valley community from Van Nuys.

Terms of the five-year lease will provide Fiserv Inc. with 27,274 sf at 20660 Bahama St. The property is inside Nordhoff Industrial Complex, a 17-building business park developed by Parker Industrial Properties and legendary Southland builder Ray Watt.

Wisconsin-based Fiserv works for more than 10,000 banks, credit unions, insurers and other financial-services companies around the world.

Phil McCarthy of Transwestern Commercial and Jim Ebanks of Realty Advisors Inc. represented Fiserv in the lease negotiations. Tim Foutz of NAI Capital Commercial represented Parker Industrial Properties.

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