Stories for February 2004

Monday, February 23

Snowboard Maker Burton Moving Analog Unit Here

Another action sports company plans to ride into Orange County's surfwear scene.

LETTERS

Letters to the editor

Fluor Readies New Round of Bids for Work in Iraq

Aliso Viejo-based Fluor Corp.'s bid writers have been busy putting the final touches on pitches for seven Iraq redevelopment contracts worth more than $4 billion.

Real Estate Watch: Retail Market

Retail Owners Face Big Decisions. CHARTS: Net Absorption; Vacancy Rates; Average Asking Lease Rates

THE LIST - RESIDENTIAL BUILDERS

The Orange County Business Journal's List of O.C.'s Top 30 Residential Builders, ranked OC units sold in 2003

SPACE INVADERS

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MARKET WATCH

Week's Best, Worst Performers; Roth OC50, Billion Dollar Club, OC Tech; Index Watch, 52-week Performance

EXECUTIVE SUMMARY

Summaries of other business news and top stories by industry; Economic Indicators

REAL ESTATE DEALS

This week's postings of Real Estate sales and leases

WEST WING EXPANSION

Aggressive Southland Bid Planned for Chicken Wing Chain

PEOPLE

Orange County Businesspeople in the news, on the move...

March 2: Battle of the Bonds

Orange County voters are set to face one of the more unusual and unpredictable slates of ballot measures when they go to the polls on March 2.

Drug Startup Raises $15M in Extended First Round

Irvine drug developer Kadmus Pharmaceuticals Inc. has raised $15.3 million in venture capital funding.

Monday, February 16

THE LIST - COMMERCIAL BANKS

The Orange County Business Journal's List of O.C.'s Top Commercial Banks, ranked by local deposits

REAL ESTATE DEALS

This week's postings of Real Estate sales and leases

LETTERS

Letters to the editor

REAL ESTATE WATCH - Low-Rise Office Market

Garden Office Market Poised for Rebound. PLUS - CHARTS: Net Absorption; Vacancy Rates; Average Asking Lease Rates

Yorba Linda Tax Accountant, Wife Contesting $11M Tax Bill

A Yorba Linda tax preparer and his wife are facing off with the Internal Revenue Service over the government's demand for $11.1 million in extra taxes and penalties from the couple.

COUNTING ON THE ECONOMY

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Letters Lite

From: Howard Dean supporters and unspecified

BUY OR SELL?

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PEOPLE

Orange County Businesspeople in the news, on the move...

Caliber Collision Probe Puts Spotlight on Tight-Knit Auto Club

In an age of rising corporate scrutiny, the Automobile Club of Southern California is a throwback.

MARKET WATCH

Week's Best, Worst Performers; Roth OC50, Billion Dollar Club, OC Tech; Index Watch, 52-week Performance

THE LIST - SAVINGS AND LOANS

The Orange County Business Journal's List of O.C.'s Top Savings and Loans, ranked by OC deposits

THRIFTY GROWTH

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APPETITE FOR CONSUMPTION

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Monday, February 9

Golden State Deal Offers Glimpse at Big Private Co.

A team led by the chief executive of Irvine-based Golden State Foods Corp. is acquiring the rest of the food distributor in a rare leveraged buyout.

Birtcher Plans Massive Home Furnishing Park

Laguna Niguel-based Birtcher Development LLC plans to build a 340,000-square-foot campus for home furnishings companies and their showrooms, potentially turning Costa Mesa into a big draw for home remodeling lovers.

Public Projects to See Funding Cuts

Hope for the best but prepare for the worst. That's what officials at engineering and architectural companies are saying about Gov. Arnold Schwarzenegger's tough talk on cutting state funding for public works projects,especially transportation.

MARKET WATCH

Week's Best, Worst Performers; Roth OC50, Billion Dollar Club, OC Tech; Index Watch, 52-week Performance

EXECUTIVE SUMMARY

Summaries of other business news and top stories by industry; Economic Indicators

New Botox Wrinkle Isn't Seen Hurting Allergan

Allergan Inc. isn't getting frown lines over a new wrinkle-fighting drug.

THE LIST - HOSPITALS

The Orange County Business Journal's List of O.C.'s Top 33 Hospitals

REAL ESTATE DEALS

This week's postings of Real Estate sales and leases

A Healthy Year: Hospitals Grow Revenue; UCI Is No. 1

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REAL ESTATE WATCH: High-Rise Office Market

CHARTS: Net Absorption; Vacancy Rates; Average Asking Lease Rates

The Gathering "Scream"

The Gathering 'Scream'

Grocers Win Delay in Food Labeling Rules

Score one for grocers in their battle to fight a food labeling law they say is too expensive.

PEOPLE

Orange County Businesspeople in the news, on the move...

Monday, February 2

CALIFORNIA INDUSTRIAL MARKET

Vacancy rates, Monthly leases rates

LETTERS; LETTERS LITE

Letters to the Editor

REAL ESTATE WATCH - CONSTRUCTION

Construction: Industrial's All to Speak of; PLUS, CHARTS: Net Absorption; Vacancy Rates; Average Asking Lease Rates

DOUBLE-DOWN

Commercial Capital Uses New-Found Heft to Make Real Estate Bet

THE LIST - FOREIGN-OWNED COMPANIES

The Orange County Business Journal's List of O.C.'s Top 40 Foreign-owned companies, ranked by number of OC employees.

Little Saigon Family Acquires Retail Site in L.A.'s Chinatown

Little Saigon's Tran family, a prominent property owner in the Vietnamese enclave, has paid $8 million for Bamboo Plaza, a four-story shopping plaza in Los Angeles' Chinatown.

SPACE DATA

Overall Office Availability Continues to Decline; The retail market has remained resilient

BIG INDUSTRIAL SALES; TAKING INDUSTRIAL SPACE

Largest OC industrial sales in the fourth quarter; Largest OC industrial leases in the fourth quarter

REAL ESTATE DEALS

This week's postings of Real Estate sales and leases

Quartics Buys Qureshey's Avaz

Avaz, an Irvine-based networking company backed by technology entrepreneur Safi Qureshey, quietly was acquired by an Irvine company called Quartics LLC

BIG OFFICE SALES; TAKING OFFICE SPACE

Orange County's office market; Top OC office sales in the fourth quarter; Largest OC office leases in the fourth quarter;

WEST INDUSTRIAL MARKET

Vacancy rates, Monthly leases rates

MARKET WATCH

Week's Best, Worst Performers; Roth OC50, Billion Dollar Club, OC Tech; Index Watch, 52-week Performance

NATION INDUSTRIAL MARKET

Vacancy rates, Monthly leases rates

Lower Mortgage Rates Revive Sector, for Now

Mortgage interest rates have sunk to their lowest level since the go-go days of summer. But it's far from d & #233;j & #341; vu for a sector that played a driving role in Orange County's economy last year.

INDUSTRIAL MARKET Charts

Charts for the Industrial Market: Vacancy Rates, Avg. Asking Rents, Sq. Ft. Leased, Total Gross Activity, Net Absorption ....

TOP CONSTRUCTION PROJECTS

Largest OC industrial projects under construction in the fourth quarter;

PEOPLE

Orange County Businesspeople in the news, on the move...