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The parents of several local amusement parks had strong earnings in their recently ended quarters
PHILANTHROPY Column by Kim Haman
Orange County’s office market remained steady in the third quarter, posting small gains in rental rates, vacancy and absorption.
The downward trend of Orange County industrial vacancy rates continued through the third quarter
U.S. retail sales increased in August by a modest 0.1% over July, tempered by short-term economic concerns.
Campaign Urges Kids of All Ages to Visit Parks
Walt Disney Co.’s new marketing campaign encourages fans to tap into their “Disney Side” and visit the local theme park—with or without the little ones.
Anaheim Buy Follows Yorba Linda Auction Win
Rexford Industrial Realty Inc., a Los Angeles-based industrial real estate investor that went public this year, has snapped up a pair of business parks in North County for about $23.3 million.
Former Quest Executive Scouts Twin Cities
Vinny Smith’s Toba Capital has taken another stake in a Minnesota-based storage networking provider headed by venture partner and former Quest Software executive Walter Angerer.
Sales and leases of offices, industrial buildings, retail space and apartments
Microsemi Corp. Chief Executive Jim Peterson has been named chairman of the Aliso Viejo-based chipmaker.
The parent of Newport Beach-based Pacific Investment Management Co. is replacing Pimco asset managers with its own advisers for a dozen or so bond funds that combine for about $6 billion in assets.
Spectrum Group International Inc. said it plans to delist its shares from national securities exchanges and spinoff a subsidiary.
Emulex Corp.’s ongoing battle with activist investors came to a head Monday when the Costa Mesa-based networking equipment maker announced that Executive Chairman and former Chief Executive Jim McCluney will step down.
Businessman Gives Empty Homes to Returning Veterans
Serendipity—it’s not a word often associated with the challenge of providing housing for wounded war veterans, but in the case of the nonprofit organization Apartments4Heroes, it’s apropos.
REAL ESTATE: $2.7 billion deal gives homebuilder national presence
A $2.7 billion bet on an improving housing market is set to make TRI Pointe Homes Inc. a national presence among homebuilders
AUTOMOTIVE: Upfits spurred by sales, carmaker beauty standards
The huge white dome that was Allen Family Automotive Group’s Cadillac showroom was leveled last month.
OC INSIDER by Jerry Sullivan
FINANCE: 32 quarterly losses, TARP burden gets heavier
The latest check on Saigon National Bank indicates little progress at the struggling community bank in Westminster and much room for questions about its future.
REAL ESTATE: Company adds 60,000 SF for future growth
Western Digital Corp., Orange County’s largest publicly traded technology company by market value, has added another sizable chunk of space to its headquarters at the Park Place office campus in Irvine.
HEALTHCARE: St. Joseph offshoot teams with companies
One of Orange County’s legacy health systems is collaborating with others in an effort to advance innovation in healthcare by developing products and services stemming from inventions and ideas of doctors and employees.
Huntington Beach-based insurance broker Confie Seguros Insurance Services acquired DeFranco Insurance Agency Inc. in New York and Insurance Group of America Inc. in Florida.
A Newport Beach real estate company owner and his wife donated $15 million to Chapman University’s health science campus in Irvine.
The parent of Irvine-based Billabong USA announced the sale of its West 49 chain in Canada as the action-sports apparel company and retailer continues to focus on turning around its business.
Other items of interest Orange County Business Journal
Nonprofit Offers Counseling With Little Red Tape Attached
Ten years ago, marriage and family therapist Jill Boultinghouse received a phone call from the worried wife of a military veteran