Orange County Business Journal

OCBJ WEEKLY EDITION

Preferred Outcome

Marketing Programs Behind Growth of Service Provider for Independent HotelsPreferred Hotel Group’s 1,600-point hotel inspection is intense.

By Kari Hamanaka February 15, 2014 midnight   $$ Share

Doti Just Missed This List

Local Bid for Register Parent Came Late; ‘Would Have Been Spectacular’

They weren’t a dollar short, but they were a day late.

Private Cos. Set Pace on Job Gains

Increase for Largest Here Surpasses State, Nation; Revenue Up 9.1%

Call it a Triple Crown: The largest Orange County-based private companies combined to post impressive increases in revenue, as well as local and company employment, Business Journal research shows.

Arbonne’s New Ambition

Leaner Firm Goes Global for Growth

Arbonne International LLC is living up to its name.

Brea Aerospace Supplier Matches Up With Giants

AEROSPACE: Kapco buy in Netherlands brings global scale

Kapco Global’s acquisition of Avio-Diepen in the Netherlands has positioned the Brea-based company to better compete against the distribution units of aerospace giants Boeing Co. and Airbus Group SE.

China Gives Box Office Boost to Movie Based On Blizzard Game

MEDIA: Domestic opener tame by comparison to $150M take over there

The movie based on Blizzard Entertainment Inc.’s franchise fantasy game could be on its way to becoming Hollywood’s biggest hit in China.

The Portal Nabs Cisco as Client, Calls Self 1-Stop Shop

Nonprofit Aims to Keep ‘Talent’ in Orange County

A nonprofit in Irvine that links students to companies that need web developers recently nabbed a big client. The Portal now boasts the Irvine branch of San Jose-based Cisco Systems Inc. as a customer.

Stem Cell Therapies Firm Founder Terms It Distinct

Uses Cell Secretions, Bypassing Hurdles

Irvine-based AiVita Biomedical Inc., the latest creation of local stem cell entrepreneur Hans Keirstead, is working to set itself apart from other companies in the field that have struggled.

Toll Roads System Picks New Agency to Draw Users

Replaces Everything LA With DB&M Media

DB&M Media Inc. in Costa Mesa will replace EverythingLA on a marketing contract with the San Joaquin Hills and Foothill/Eastern Transportation Corridor Agencies after the Irvine-based incumbent’s three-year deal expires June 30.

OCBJ Calendar

June 20-29, 2016

This week's business and other event listings.

South OC Industrial Market Posts Strong Q1

The combined South Orange County industrial market recorded 49,674 square feet of positive net absorption in the first quarter.

Some Local Firms Take Advantage of Important Stage

Private Red Herring Event Opp for High-Potentials

A handful of OC tech companies presented their stories to interested investors and executives across the country at a recent invite-only conference in Newport Beach.

Real Estate Deals

Sales and leases of offices, industrial buildings, retail space and apartments

The Pasadena Royale Apartments in Tustin was sold as an off-market transaction for $3.2 million, or about $287,091 per unit.

175-Room Hotel Plan Adds to Anaheim Backlog

Site Next to Pumbaa Lot Among 10 Now in Works

You can add another name to the increasingly crowded list of proposed hotel developments in the area around Disneyland Resort in Anaheim.

How Much for Sears at SCP? Kudos Galore

Have to wonder how much longer Sears will remain at South Coast Plaza, where its 300,000-square-foot store is now among the properties the once-colossal retailer has put up for sale or lease …

KBS Doubles Down on 1,375-Acre Project in Vegas

REAL ESTATE: Buys out co-investor’s 46% stake

A 2011 investment in the Las Vegas land development market by an affiliate of KBS Realty Advisors appears to be paying off for the Newport Beach-based company, although a recent add-on deal indicates that land prices in the gambling mecca remain well below peak levels.

Golden State Foods HQ Office Up for Sale, Again

REAL ESTATE: Would be 6th Sale of Office Since ’06

An Irvine office tower that holds the headquarters of Golden State Foods Corp. and other tenants is up for sale again in one of the largest transactions anticipated this year in the John Wayne Airport-area market.

Top Oakley Execs Continue Exodus

APPAREL: Parent Luxottica tightens grip in Foothill Ranch

A trio of top executives have joined an exodus from Oakley Inc. as Italy-based parent Luxottica Group SPA looks to streamline operations at One Icon in Foothill Ranch.

Irvine Developer Gets 133 Acres in LA Industrial Belt

REAL ESTATE: Estimates put Goodman Birtcher buy at $240M

Irvine-based developer Goodman Birtcher has bought a pair of massive distribution centers in Los Angeles County, including a property just over the county line in Santa Fe Springs, in one of the largest industrial acquisitions in Southern California in recent memory.

QLogic to Go to Silicon Valley Firm for $1B

Aliso Viejo-based networking products maker QLogic Corp. said it will be acquired for about $1 billion by Silicon Valley chipmaker Cavium Inc.

Fountain Valley Gear Maker in NBA Deal

Fountain Valley-based United Sports Brands’ Shock Doctor was named the official mouth guard of the National Basketball Association, Women’s National Basketball Association, NBA Development League and USA Basketball.

UCI Appoints Permanent Research Leader

University of California-Irvine named Pramod Khargonekar vice chancellor for research, effective June 30. He replaces James Hicks, who was interim vice chancellor of research for about a year.

Huntington Beach Chamber Names Head

James O’Callaghan was named president and chief executive of the Huntington Beach Chamber of Commerce, effective July 11.

Women-Owned Businesses Wanted for Annual List

Special report: Focus of July 4 edition

Is your company women-owned? The Business Journal wants to hear from you.

Samuelis Give $10M To UCLA Engineering

The Samueli Foundation in Corona del Mar gave $10 million to the Henry Samueli School of Engineering and Applied Sciences at University of California-Los Angeles.

PacMerc Will Join Benchmark Index

Costa Mesa-based Pacific Mercantile Bancorp will join the Russell 3000 Index after the market opens on June 27. The Russell US indexes change annually to include the 4,000 largest U.S. stocks by market capitalization at the end of May.

PHILANTHROPY

Microsemi Corp. partnered with Discovery Cube for the company’s Corporate Cube Challenge on May 19, a first-of-its-kind fundraiser that took in $250,000.

ADDENDUM

Other items of interest Orange County Business Journal Vol. 39, No. 25

The Association of California Cities-Orange County honored the University of California-Irvine with a Golden Hub of Innovation award for its “Fifty for 50 Campus Challenge: A Celebration of Community Engagement at UCI.”

Master Plan Morphs; Christ Cathedral Draws; Blanning’s CROC

Early take on Dan Young’s decision to step away from the Irvine Company: Donald Bren’s master plan continues to morph into something that increasingly looks like more of an operating company than a developer.

SF Investor Makes FV Complex 3rd Office Buy in OC

REAL ESTATE: Swift nabs 2 buildings next to Hyundai HQ

San Francisco-based real estate investor Swift Real Estate Partners has made its third acquisition in Orange County in as many years, getting a two-building office complex in Fountain Valley.

EON Puts $20 Million Into VR Center in Mexico

TECHNOLOGY: Education push includes augmented reality

Irvine-based software maker EON Reality Inc. hopes to keep its growth up by bringing virtual and augmented reality content to the masses through an aggressive international plan centered on education and awareness.

National Honors For 2 OC Ad Shops

Two local ad agencies picked up top national honors at the annual American Advertising Awards, held last week during the American Advertising Federation’s ADMERICA Conference in Anaheim.

Blizzard Signs Deal With Facebook

Irvine-based Blizzard Entertainment Inc. announced a partnership with Facebook Inc. that aims to connect millions of gamers while boosting content on the world’s largest social network.

Montage Hotel in Baltimore Named

The Baltimore hotel Montage Hotels & Resorts will run under its Pendry brand has been named Sagamore Pendry Baltimore.

Cosmetics Maker Stretches to New Zealand

Arbonne International LLC in Irvine said it expanded its skincare, cosmetics and nutrition business to New Zealand as “a natural extension of our growth and success with Arbonne Australia,” Chief Executive Kay Zanotti said in a statement.

$81M Defense Contract to Manufacturer

Irvine-based N2 Imaging Systems LLC was awarded a five-year, $81 million Defense Department contract to develop and manufacture sniper scopes.

Women-Owned Businesses Wanted for Business Journal’s Annual List

Special report: Focus of July 4 edition

Is your company women-owned? The Business Journal wants to hear from you.

ADDENDUM

Other items of interest Orange County Business Journal Vol. 39, No. 24

Knott’s Berry Farm in Buena Park plans to open two new slide structures at its Knott’s Soak City water park next summer.