Business Center's Financing Ready

Told Corp. has announced the completion of financial arrangements for its proposed $175-million Channel Islands Business Center, fronting on Pacific Coast Highway near the port facilities in Oxnard.

They include all arrangements related to the acquisition and improvement of the property as well as construction of all buildings planned for the 185-acre site, according to Told President John B. Gilbert.

He added that Wells Fargo Realty Advisors will provide various participating mortgages. Twelve buildings, ranging from 14,500 to 27,824 square feet, are under design for the center and Phase 1 is expected to be completed this fall.

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