(Above) Univac sign is visible in lower left corner of west face of office building at Marina City, in an area occupied most recently by BIN 36 restaurant.

It was an all-star commercial property lease in November 1967. The Univac division of Sperry Rand (now known as Unisys), then a manufacturer of mainframe computers, signed a ten-year, $1.5 million (equal to $10.6 million in 2014) lease with Marina City.

Sperry Rand was represented in negotiations with Marina Management Corporation by Arthur Rubloff & Company. Arthur Rubloff was a developer who in 1947 named a stretch of North Michigan Avenue the “Magnificent Mile.”

Univac was moving from a location, oddly enough, on Michigan Avenue. Its data processing and federal systems divisions would occupy space on the west side of the office building.

(Photo) 1956 advertisement for Remington Rand Univac computer system.

(Above) 1977 photo of Rubloff by Arthur Shay.

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Updated 02-Feb-15

Next story: Snapshots of 1967