Stories for November 2002

Monday, November 25

Office Space In a Down Market

Office Space In a Down Market

Real Estate Deals

Real estate sales and leases

Quarterly Orange County Hotel Update

Quarterly Orange County Hotel Update

RETAIL MARKET

Retail Market

WESTERN REGION Vacancy Rates, Avg. Lease Rates

WESTERN REGION Vacancy Rates, Avg. Lease Rates

INDUSTRIAL MARKET

Industrial Market

FileNET Cuts Workers; Sales Inching Upward, But 2003 Looks Tough

Times still are tight at Costa Mesa's FileNET Corp. The software developer recently laid off 3% of its staff, or about 50 to 60 workers in several parts of the company

BIG SALES

BIG SALES

EXECUTIVE SUMMARY

Summaries of other business news and top stories by Industry

KUDOS

Awards, honors, and recognition to OC businesses and people

OFFICE MARKET

Office Market

WORLD OF HURT

OC Exports Set to Fall Again, Rebound in 2003; Orange County exports are headed for their second straight annual decline as all of the county's major markets curtailed buying this year.

CALIFORNIA Vacancy Rates, Avg. Lease Rates

CALIFORNIA Vacancy Rates, Avg. Lease Rates

Retail Heading Into Holidays With Jobs in Four-Month Slide

Orange County's retailer sector is heading into the holidays in a grim mood. Retail jobs in the county declined for the fourth month in a row

NATION Vacancy Rates, Avg. Lease Rates

NATION Vacancy Rates, Avg. Lease Rates

Vegas Escapism, Broadcom Style

Broadcom's stock jumped earlier in the day on news of their new chip, making it again Orange County's most valuable company...

COMMENT: Shocked

Commentary by Rick Reiff

Real Estate Watch: North and Central County

North County Perks Up, But Many 'Wait and See'

TAKING SPACE

TAKING SPACE

PEOPLE

Businesspeople in the news, on the move

Op, Fender Do "American Idol," Up-and-Coming Style

Jaguar Revisits Luxury Car Gift Giving; Morgan Lands Bubba Gump, Rusty Pelican, Others

GOING UP

GOING UP

Monday, November 18

EXECUTIVE SUMMARY

Summaries of other business news and top stories by Industry

PLAYING IT SAFE

PLAYING IT SAFE

They Say: LOSING A SERIES, AND MORE

Commentary: Can the city of San Francisco rally back like the Angels did against the Giants?

COMMENT: Seize the Moment

Commentary by Rick Reiff

PwC's New OC Partner Eyes Top Market Spot

After a decade in Asia, Dean Yoost has been tapped to head up PricewaterhouseCoopers LLP's Irvine office.

Real Estate Watch: High-Rise Space

Tenants Rule High-Rise Office Market; High-rise office space still is a bargain in Orange County, according to third-quarter statistics.

PEOPLE

Businesspeople in the news, on the move

Register Says Circulation Stabilizing; Cuts Lead to 7.1% Six-Month Decline

The Orange County Register continues to see circulation shrink, albeit at a slower pace.

Hoag Hits Funding Goal for Expansion

Hoag Memorial Hospital Presbyterian in Newport Beach said it's reached its $50 million capital campaign goal for the hospital's planned Women's Pavilion.

Venture Point's Future Hinges on State Funds

The tiny group that provides advice to sapling companies notified workers they could be furloughed if the state didn't cough up $172,000 in reimbursement payments.

Festival of Arts Nears Lease With Laguna

The Festival of Arts and Pageant of Masters in Laguna Beach has come a long way from the turmoil it faced three years ago.

Real Estate Deals

Real Estate sales and leases

Monday, November 11

Endocare Hit With Shareholder Lawsuits After Warning of, Then Delaying Results

Endocare Inc., the Irvine medical device maker that saw its stock price tank after it said its third-quarter results would be disappointing,and then delayed their release,now has to deal with lawsuits from disgruntled shareholders.

Real Estate Watch: Low-Rise

Low-Rise Bounces Off the Technology Downturn; The low-rise market led the recovery in Orange County's office market through the third quarter.

PEOPLE

Businesspeople in the news, on the move

ARGUS

HUMOR by Argus Hamilton

Broadcom Ups Stake in Wireless Startup

Irvine-based Broadcom Corp. made up a "not insignificant" chunk of $7 million in funding for a Los Angeles-based wireless company started by a friend of Broadcom cofounder Henry Samueli

COMMENT: The Elections - CALIFORNIA:

Commentary by Rick Reiff

Thaifoon Blows Into the Fashion Island Dining Scene

No Need to Dig in the Forest: Mushroom Week is Coming to Pinot Provence

EXECUTIVE SUMMARY

Summaries of other business news and top stories by Industry

Laguna Surf & Sport Joins Up With Swell

Also: Western Digital Sees More Drives For Xbox

LETTERS

Letters to the Editor

Kaiser Planning $48M Irvine Medical Complex

Kaiser Permanente is spending $48 million to build a medical office building and specialty care center in Irvine. Plans call for 107,000 square feet of space and four stories, including room for future expansion.

Real Estate Deals

Real Estate Sales and Leases

Monday, November 4

M & A; Firm R.C. Fuller Joins Seattle's Trident

Newport Beach-based mergers and acquisitions firm R.C. Fuller Co. has joined with Seattle's Trident Capital Partners to form The Fuller Trident Group.

Fletcher Jones Buys Chicago Dealers

The owner of Newport Beach's Fletcher Jones Motor Cars hopes to crack the Chicago market.

Brookfield Spinning Off Homebuilding Operation

Toronto's Brookfield Properties Corp. last week said it plans to spin off its homebuilding arm, Orange County's sixth-largest homebuilder this year.

Firm Targets Corporate Governance Work

Orange County attorneys Robert Iger, Philip Koehler and Yuri Vanetik have opened a corporate governance law firm in Costa Mesa.

The Unsung Angel

VIEWPOINT by James L. Doti, President and the Donald Bren Distinguished Chair of Business and Economics at Chapman University.

Most of OC's State Delegation Voted With Business Group

Most of Orange County's state legislators scored well in a California Chamber of Commerce ranking for 2002, while the delegation's two Democrats often went against the business group's grain.

Real Estate Watch: Los Angeles County

L.A. Industrial Market Has Record Quarter

Megatrux Consolidates in Industry

Trucking company Megatrux Inc., the No. 8 woman-owned business on the Business Journal's June list, has moved from Brea to a larger facility in Industry.

Grubb Grabs Enfrastructure, CB Veterans in Latest Move

Grubb & Ellis Co., which is struggling to get on its feet nationally and looking to build on strength in Orange County, has made more high-profile hires.

Berkeley's Rosen: Area a Bright Spot, Office Still Weak

Gutherie Sells Six of Eight New Buildings, Weighs Buying More Land; Moe Joins Market Profiles

Adding It Up: San Diego Community Colleges Can't Square Soaring Enrollment

Adding It Up

PEOPLE

People in the news, on the move

BACK TO SCHOOL: Private MBA Programs Rise While Many Public Schools See Decline

BACK TO SCHOOL:

COMMENT: Pinch Me

Commentary by Rick Reiff

EXECUTIVE SUMMARY

Summaries of other business news and top stories by Industry