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Nekter Expands to Carolinas

Nekter Juice Bar Inc. in Santa Ana has signed a franchisee to open 17 locations in the Carolinas over the next several years, the first in October in Cornelius, N.C., near Charlotte.

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SEC Revokes Stock of Irvine’s Ubiquity

The Securities and Exchange Commission said today that it's officially revoked the stock of Irvine-based Ubiquity Inc.

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St. Joe’s Afable Will Retire

Richard Afable, executive vice president of Providence St. Joseph Health Southern California Region, said he will retire in December.

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Midday Stock Roundup

The S&P 500 was up in 0.8% in midday trading to 2,447.80.

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Robinson In $417M Verdict Over J&J

A Los Angeles jury ordered Johnson & Johnson to pay $417 million to a 62-year-old Los Angeles woman who blamed her ovarian cancer on the company’s talc, in the first California trial over the product.

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BJ's Offers Beer Delivery

BJ’s Restaurants Inc. said its online ordering platform will offer alcohol delivery in some California markets via its new partnership with food delivery service provider, San Francisco-based DoorDash Inc.

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Loan Forgiveness for CA Corinthian Students

California students of the defunct Corinthian Colleges Inc. will receive $51 million in student loan relief, California Attorney General Xavier Becerra said, joining other U.S. attorneys general in the announcement.

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Midday Stock Roundup

The S&P 500 was up 0.1% in midday trading to 2,428.25.

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Allied Universal's Explosive Growth

CEO Shows How to Get to 150K Employees

If Allied Universal, a security company with 150,000 employees, was an army, it’d be the 34th largest in world, right behind Japan’s.

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SF Investor’s Lake Forest Buys Likely to Top $110M

Drawbridge Gets HQ of Panasonic Avionics

San Francisco-based commercial real estate investor Drawbridge Realty has made its second Orange County office purchase in as many years, picking up the Lake Forest headquarters of Panasonic Avionics Corp.

Genesis to Leave Hyundai Nest and Set Itself Apart

AUTOMOTIVE: Luxury brand establishes exclusive identity

Genesis’ winged logo was perhaps a sign of things to come. The luxury brand Hyundai Motor Co. launched in November 2015 is about to fly the coop.

City of Irvine’s Got Speed And Hits for Power

Anaheim Leads Cities Roster

Imagine Angels outfielder Mike Trout on an exceptional day—the final score could read “Trout 7, White Sox 2,” —and you get an idea of Irvine compared to its city-mates in Orange County.

Peregrine to Separate Manufacturing from R&D

HEALTHCARE: Proxy battle looms at annual meeting

Pharmaceutical research and development is a risky venture—big financial returns on the drugs that make it to market, which will be outnumbered by the majority of drugs that don’t. And then there are the drugs that come close.

Garden Grove Plots Ambitious Hotel Growth Plan

Projects Could Grow Bed Taxes by 21% in 5 Years

Garden Grove economic development officials promote their city in marketing materials as “Southern California’s undiscovered jewel.”

Startups See Room for Improvement in Office Sector

Say Tech Streamlines, Increases Buys, Sales

Two Orange County tech startups are helping lead the way in bringing the small-business segment of the commercial real estate industry into the modern age.

Landlords Own Office Market But Rate Hikes Should Ease

Orange County office market favors landlords due to the low availability rate. Though strong employment growth here had been a boon for leasing for much of the cycle, it recently tapered significantly due to low unemployment rates.

Industrial Space Still Tight; Little Construction on Way

Industrial fundamentals remained consistent, despite activity declining during the quarter as a result of a tightening market, leaving fewer options.

Retail May Have Reached Post-Recession Norm

Retail market fundamentals continued to strengthen despite continued big-box closures. Though slight, second-quarter changes further displayed demand for retail and its importance for the segment in the Southern California market. Prime coastal and inland centers, coupled with a diverse and steady workforce, help sustain retail need year-round, and strong tourism in the summer supplies a midyear sales boost.

OCInsider

Mistakes, Moats, Culture…

Every culture has its own lexicon, slogans. Here’s some business precepts I still see a lot—old and new and very true.

Man Bites Dog: Irvine Co. JWA Office Park for Sale

REAL ESTATE: Complex built in 1975, totals 81,551 SF

In a rarity, Newport Beach-based Irvine Co. has put an office property it owns in Orange County up for sale.

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