Stories for February 2003

Monday, February 24

Technology Meltdown, Shifting Demographics Shave County's Wealth

The technology meltdown and an ongoing demographic shift dented Orange County's wealth last year. OC's per capita income last year declined to $36,427 from $36,666 in 2001

CB, Insignia Big in OC; Irvine Co.'s a Wild Card

CB Richard Ellis Services Inc.'s pending $415 million buy of Insignia Financial Group Inc. is set to have a big impact on Orange County.

Avamar Closing In on $15M in Funds for Marketing Push

Irvine-based Avamar Technologies Inc. says its about to close on a new round of venture capital funding.

VIEWPOINTS: Just Who's Pro-Business, Anyway?

What makes a legislator pro-business? Sometimes it depends on who or what you ask. Most surveys done by business groups score Republican lawmakers higher than Democrats. That wasn't necessarily the case, however, on the Orange County Business Council's "2

Real Estate Watch: Retail

Retail Set for Another Strong Year

EXECUTIVE SUMMARY

Summaries of other business news and top stories by industry

LETTERS - War? No

Letters to the Editors

PEOPLE

Businesspeople in the news, on the move

Monday, February 17

PEOPLE

Businesspeople in the news, on the move

Real Estate Watch: High-Rise Office Market

High-Rise Prices Fall Near Airport, South OC

AD PathLabs Raises $9M for Expansion

AD PathLabs Corp., a Newport Beach-based tissue testing company, raised $8.9 million in venture funding.

COMMENT: War? No

COMMENT by Rick Reiff and Michael Lyster

Real Estate Deals

Real Estate sales and leases

S & L; Deposits Up 14% As Uneasy Investors Play Safe

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LETTERS

Letters to the editors

OC Developers Plan Office, Industrial, Retail in Corona

Corona is on the verge of encircling more office and industrial projects as well as big home improvement retailers, thanks to projects planned by two Orange County developers.

EXECUTIVE SUMMARY

Summaries of other business news and top stories by industry

Tyco Health Shuttering Irvine Biomed Facility

Tyco International Ltd. plans to close its Irvine medical device plant, lay off about 100 workers and shift work to other North American plants, a spokeswoman said.

Monday, February 10

Real Estate Deals

Weekly Column - Real Estate sales and leases

LETTERS

Letters to the editor

EXECUTIVE SUMMARY

Summaries of other business news and top stories by industry; Plus: Interpore Cross Boosts U.S., Overseas Team

Trevor Law Defends "Cutting-Edge Law"

The state Attorney General and the California Bar Association are investigating the Beverly Hills firm for lawsuits it's filed against hundreds of auto repair shops, restaurants and auto dealers.

PRESCRIPTION FOR DRUGS

PRESCRIPTION FOR DRUGS

Real Estate Watch: Los Angeles County

Office Weak, Industrial Lively; 2002 was economically challenging for the nation.

Siemens Leads $7.5M Funding Round for IndX

Aliso Viejo's IndX Software Corp. just got a big backer: Siemens AG. Siemens Venture Capital, the investment arm of the German technology company, led a $7.5 million investment in IndX late last month.

EXECUTIVE BRIEFCASE

Review of FEAST OF WIRE, an Album by Calexico

Sweet Somethings: See's Candy Melts a Valentine's Heart

EXECUTIVE DINING by Fifi Chao

RETURN OF THE HMO

RETURN OF THE HMO

PEOPLE

Businesspeople in the news, on the move...

Monday, February 3

Retail Market: Retail Market Strong With Tight Vacancy, Positive Absorption

Retail Market:

EXECUTIVE SUMMARY

Summaries of other business news and top stories by industry

GOING UP: Arena Corporate Tops Office Projects; Voit Brea Park Biggest Industrial Project

GOING UP:

Real Estate Watch: Low-Rise Office Space

Demand for Low-Rise Space Rebounds; In the past few years, the supply of low-rise office space in Orange County has changed from limited to abundant.

Industrial Market: Vacancy Rates Rise As Job Cuts, Strikes Slow Recovery Pace

Industrial Market

PEOPLE

Businesspeople and businesses in the news, on the move...

OpVista Gets Chief, Eyes Cable Operators

Irvine startup OpVista Inc. has a new chief executive with a few words of advice: Focus on cable customers instead of telecommunications right now.

Landlords Picking Up New Postal Charge

In early December, the U.S. Postal Service cut its afternoon pickup for businesses in the city, leaving buildings and companies stuck with piles of mail.

Office Market: Solid Vacancy Rates, Positive Absorption Highlight Rebound

Office Market:

Expanded HSBC Unit Relocates to Newport

Britain's HSBC Holdings PLC has moved its Orange County operation from Irvine to a larger Newport Beach office after acquiring an Arthur Andersen LLP unit last year.

Fox Opens Office In "Core" OC Hub

Fox Racing Inc. has opened an office in Irvine to be closer to Orange County's action sports crowd.

Steve Bren, Nexus Plan 24 Buildings in Irvine Spectrum

Steven Bren, son of The Irvine Company's Donald Bren, is making his first move into commercial real estate with plans to build and sell 24 small industrial buildings in the Irvine Spectrum with Santa Ana's Nexus Development Corp.

TAKING SPACE: Senior Felix's Snags Top Industrial Lease

TAKING SPACE:

LETTERS

Letters to the Editor

Freedom Sets Higher Profit Target for 2003; Threshie Challenged

Freedom Communications Inc., the embattled holding company of the Orange County Register, has set higher profit goals for 2003 after turning in a "middle of the pack" performance in 2002.

NATION INDUSTRIAL MARKET

NATION INDUSTRIAL MARKET