As It Pursues Energy’s Holy Grail, TAE Seeks to Market Decades of R&D
TAE Technologies Inc., one of Orange County’s most funded and promising technology companies, has launched its first commercial application through a newly formed subsidiary.
Irvine Office Stays; Was 12th-Biggest OC Pub. Co.
Aerie Pharmaceuticals Inc. has quietly shifted its headquarters from Irvine to North Carolina, removing a notable name from the list of Orange County-based public companies.
Can $3B Drug, Other Aesthetics Salve Restasis Pain?
The market has not been kind to Allergan PLC (NYSE: AGN) following the failure of its September deal in which the pharmaceutical company transferred all patents for dry-eye drug Restasis to the Saint Regis Mohawk Tribe in New York.
Gear Coop Snags Ex-Sport Chalet Exec
Amazon.com Inc. is nearly every retailer’s nightmare, but outdoor sporting goods retailer Gear Coop has used the e-commerce giant to fuel its growth since launching nine years ago.
What’s been new in the legal field in the past year? To start off, the #MeToo movement exploded onto the nation’s front pages in October, and sexual harassment classes are top of mind at many companies.
Prepares Company To Manage Future Growth
Tania King is chief legal officer for a company with more employees than Newport Beach has residents.
OC-Based Lawyer Helps Firms Go Public
What does Wall Street mean when it discusses “a window” for initial public offerings?
Lawyers Explain How To Find Good Law Firms
How do you know if you should sue your lawyer for legal malpractice?
Same Firms Top Annual List Of County’s Biggest
Orange County’s biggest law firms grew their attorney count by 3% while promoting partners at a slower pace and keeping employment flat, based on the Business Journal’s annual list of legal firms operating here. Last year, the attorney count was flat.
MARKETING: Onex down to 65% of Emerald Expositions
Onex Corp. is further reducing its stake in Emerald Expositions Events Inc., less than a year after the San Juan Capistrano-based trade show operator completed its initial public offering and started trading on the New York Stock Exchange.
REAL ESTATE: 394-unit senior housing project for Garden Grove
An Encino-based land developer is making strides in turning Garden Grove’s infamous “rusty skeleton” construction site into the largest affordable senior housing project the city’s ever seen.
FINANCE: Popular event highlights AI, blockchain, pot
Roth Capital Partners, the Newport Beach-based investment banking firm, completed its 30th annual flagship investor conference with 4,710 in attendance, similar to a year ago.
RETAIL: Survivor Eyes targets cancer patients, others
Lisa Brambilla-Doble started eyebrow makeup company Survivor Eyes Inc. to help her friend Laurie Nalezny cope with losing her eyebrows to chemotherapy for breast cancer.
FINANCE: Bell’s analysis can mean millions for owners
Randall Bell has earned the nickname Dr. Disaster for a good reason.
Plans Filed to Incorporate Royalty Carpet Property
Edwards Lifesciences Corp., Orange County’s largest public company with a market value of about $29 billion, appears to be making strides to buy a site next to its Irvine headquarters for a large expansion.
First Team Real Estate partnered with Team Kids, donating $100,000 to the Team Kids Challenge, a six-week program where children participate in weekly challenges geared toward addressing community issues, including homelessness, hunger, literacy and the environment.
NB Startup Raises Initial Coin Offering
While cryptocurrencies, the best known of the bitcoin type, remain controversial, the technology that enables the existence of them isn’t.
Feds’ Disapproval Based On Overseas Concerns
President Donald Trump’s presidential order blocking Broadcom Ltd.’s attempted hostile takeover of rival Qualcomm Inc. marks the second time in less than three years that the federal government has intervened to halt a transaction with deep ramifications in Orange County.
OC Operator Helped Keep One Speech Short
Did you recognize the Jet Ski Jimmy Kimmel offered for the shortest acceptance speech at the 90th Academy Awards?
Indi Helps Companies Market for Less Money
It’s promising when a startup has Starbucks and Macy’s as clients, but online video platform Indi is ready to set its sights on emerging brands after a significant investment from Newport Beach-based Cambridge Cos. SPG.
Other items of interest Orange County Business Journal Vol. 41, No. 12
The Business Journal’s 17th annual Excellence in Entrepreneurship Awards honored five honorees chosen from 84 nominees:
OC’s Biggest New Office Site in Years 77% Leased
Five Point Gateway, the largest and most expensive office complex built in Orange County in over a decade, is largely finished and open to tenants.
Deal After Deal While Bleeding Orange
Jim Peterson’s 31st deal at the helm of Microsemi Corp. will likely be his last, cementing a legacy that extends well beyond Orange County’s business community.
Teams With Microsoft on Smart Glasses
Toshiba America Information Systems Inc. has launched a smart-glass, augmented-reality PC for enterprise customers in its first technological breakthrough in years.
Most of us, at least as children, “have looked at the birds and thought that they might be having more fun,” said flight instructor Michael Church, who’s helped a number of Orange County-based executives follow through with the fascination by getting a license to operate their own set of wings.
$3.4B Sales, 4.5M SF Office, Industrial Leases
Last year’s top Orange County deals were driven in large part by reinvention.
Commercial, Homebuying Business Pick up Refi Slack
The country’s biggest title insurers are striking optimistic notes on the health of their industry, despite the expectation of additional interest rate hikes, which have already put a crimp on refinance business.
LA Buyers Take Over 4-Building Park in SCM
Los Angeles-based investors have snapped up a four-building office complex on Harbor Boulevard in Santa Ana, the second notable deal in that part of the submarket of South Coast Metro this year.
REAL ESTATE: $42M buy in Irvine, Santa Ana, Orange deals
Glendale-based office and industrial property investor PS Business Parks Inc. has sold a five-building office park in Irvine to a local investor for nearly $42 million in one of three big Orange County property sales on the table for the company this year.
RETAIL: Puts second HQ in Newport Beach; $100M in 2018?
Orange County’s where the party’s at, just ask the folks at Drunk Elephant Holdings LLC.
TOURISM: JetSuiteX deal nears supervisors’ review
Scheduled charter flights—a hybrid of charter and commercial service priced nearer the latter—could take off from John Wayne Airport in late June if Orange County Supervisors approve an agreement between the airport and the company that hopes to provide the service, Irvine-based JetSuiteX.
HEALTHCARE: Patient- centered, physician led
To say healthcare is changing is passé, particularly given that California is further ahead than most other states when it comes to implementing healthcare reform.
RETAIL: 22,000-SF location one of OC’s largest
Bill Taylor and Ray Malzo are riding their hogs into the sunset.
ENTERTAINMENT: Ron Kobayashi’s Bayside jam turns five
“We wanted a place where we could eat late, listen to live music, and actually be able to hear each other,” recalled Mark Ghoukassian, 18-year owner of Bayside Restaurant.