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A Chinese real estate investor has bought Amerige Heights Town Center, a 163,514-square-foot retail center in Fullerton.
J.Jill Group Inc. is set to open a store at the Shops at Mission Viejo this winter.
Stadium Site Will Be Turned Into Homes
Irvine-based Standard Pacific Corp. is moving ahead on a housing development at the former site of a Cactus League baseball stadium in Chandler, Ariz.
Chesapeake Lodging Trust said it sold the 153-room Courtyard Anaheim at Disneyland Resort for $32.5 million, or about $212,000 per room.
HEALTHCARE: Innovation Institute gets four buildings, 263,000 SF
The Innovation Institute LLC, a La Palma-based for-profit healthcare company formed by St. Joseph Health in Irvine last year, has taken over ownership of four medical buildings surrounding Mission Hospital in Mission Viejo.
MARKETING: Manufacturing, R&D upgrades in Buena Park
Amway Corp. is expanding the Buena Park operations of its Nutrilite supplements brand with a $42 million investment for new manufacturing and research facilities.
HEALTHCARE: Alta Resources seeks permanent, seasonal staff
Alta Resources Inc. is bringing its Brea office along on a major expansion, with plans to hire some 700 workers there.
FINANCE: CBC buys building for move from Costa Mesa
Commercial Bank of California has moved its headquarters from Costa Mesa to a building it has purchased in Irvine.
FINANCE: Proceeds pegged for community development projects
A Lake Forest-based lender primarily focused on community development has received $100 million through bond debt backed by the U.S. Department of the Treasury and targeted for use on projects in low-income and underserved areas.
Santa Ana-based Corinthian Colleges Inc. said it would sell some assets to raise money to fund the winding down of its operations and, separately, that it had paid back rent its landlord said it owed.
Brea Building Showcases Tech Firm’s Offerings
ViewSonic Corp.’s new 25,000-square-foot headquarters in Brea was designed to showcase the company’s new line of touch-screen projectors and virtual desktops that are drawing strong demand in the classroom and at businesses.
Michael Nicholas Puts Buena Park HQ on Market
Michael Nicholas Designs Inc., a family-owned furniture manufacturer in Buena Park, is expanding its manufacturing operations after buying a big industrial building in Fullerton.
Santa Ana-based Corinthian Colleges said it has caught up on rent payments for its headquarters at the Hutton Centre near the Costa Mesa (55) Freeway in Santa Ana.
The Irvine Company’s retail properties, Fashion Island, Irvine Spectrum Center and the Market Place, plan to launch Style Week Orange County on Sept. 10, packed with “fashion shows, shopping parties and trend presentations to celebrate the best in O.C. style.”
Centers Turn to Clusters of Restaurants as Drawing Cards
Developers and owners of Orange County’s retail centers are increasingly going small and thinking with their stomachs to attract customers.