Orange County Business Journal


Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...

Out of Ordinary for Newport Beach: Factory Upgrade

TECHNOLOGY: Chipmaker to put $15M or more into plant on JamboreeIsrael-based Tower Semiconductor Ltd. is investing $15 million to $20 million to upgrade its Newport Beach manufacturing plant to meet growing demand for new generations of chips for smartphones and other wireless devices.

By Chris Casacchia September 28, 2015 midnight   $$ Share
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LoanDepot Files for IPO

Foothill Ranch-based mortgage lender loanDepot Inc. has filed for an initial public offering with the Securities and Exchange Commission.

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NB Investor Gives $50M to Hoyas

Peter and Susan Cooper have pledged $50 million to Georgetown University in Washington, D.C. for athletics and leadership projects, the school said.

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OC Weekly Moves to TechSpace

OC Weekly has moved its office to TechSpace Costa Mesa at 3420 Bristol Street, a shift of about two miles that came after its lease for a larger space on Red Hill Avenue expired.

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Supervisors Consider $101M Airport Contract

The Orange County Board of Supervisors is scheduled at its Oct. 6 meeting to vote on awarding a four-year contract for $101.8 million to Swinerton Builders in Irvine to refurbish and seismically retrofit buildings and terminals at John Wayne Airport.

Why Google Has Eyes for Irvine

Quality Counts as City Joins SD, Louisville on Short List for Fiber Program

Irvine’s diverse economy, increasingly vibrant startup scene, affluent demographics, and residential mix all helped put Orange County’s third largest city on track for Google Inc.’s new Internet and TV service.

Architecture Firms Ramp Up With 9% Billings Increase

40 Biggest Combine For $474M in Local Work

Orange County’s architecture firms combined for a 9.1% increase in local billings this year following a modest 1.6% increase in local billings last year, and are on track to return to the 13% surge they had in 2013.

Engineering Firms Reverse Last Year’s Billings Drop

Increase Total By 1.7% Following 1.5% Decrease

Orange County’s top engineering firms with headquarters or significant operations here have recovered from a 1.5% drop in billings last year, posting a 1.7% increase in local billings during the 12-month period ended June 30.

LA-Based Retailer Gets Anna’s Name

MARKETING: Fallas-Paredes chain also picks up 41 leases

Scott Gladstone didn’t manage to hold on to Anna’s Linens Inc.’s name, according to documents filed with the U.S. Bankruptcy Court for the Central District of California in Santa Ana.

Olen Sold on Aliso Viejo, Snaps Up Business Park

REAL ESTATE: Six buildings fetch estimated $20 million

Newport Beach-based Olen Properties Corp. has made its largest local purchase in two years, snapping up a business park in Aliso Viejo.

Koll Co. Makes Largest Local Purchase in Years

REAL ESTATE: Latest buy with Rialto valued at $30.5 million

The Koll Co. has made its largest reported local purchase in several years, snapping up an office tower just over the Los Angeles County line in Cerritos.

6 Honored at Business Journal’s Innovation Awards

About 415 people celebrated innovation and the people who create it at the Business Journal’s inaugural Innovator of the Year awards last week at the Hotel Irvine.

St. Regis Shares Renovation Specifics

St. Regis Monarch Beach Resort in Dana Point offered details on its planned renovation of some public areas of the property.

Buy Sends Tustin Engineering Firm to LA

Tustin-based electrical engineering firm R.E. Wall and Associates Inc. was acquired by Morrow Meadows Corp. in Los Angeles.

Newport Beach Led Way on Luxury’s Summer Sizzle

50 Homes Sold; Priciest Goes For $17.5M

Summer sizzled in the Orange County luxury market, with 50 transactions above $4 million closing between June 15 and Sept. 15.