WEEKLY EDITION
Pimco’s Product Manager
Cupps Key on New Funds, Links to Women RecruitsWOMEN IN BUSINESS AWARDS: Wendy Cupps is global head of product management and the most senior female executive at Newport Beach-based Pacific Investment Management Co. June 16, 2013 midnight $$ Share
25 Going on 1.5
New Generation of Business Emerges as Little Saigon Marks a Quarter Century
Thank the first generation of Vietnamese-American immigrants for what is now Little Saigon.
Broadcom Finds Room for Baseband Chips in Low-Cost Smartphones
TECHNOLOGY: Asian brands give foothold in Qualcomm niche
Irvine-based Broadcom Corp. is winning new business from low-cost smartphone makers in India, China and other Asian markets
New Ad Shop Will Bring Piece of Taco Bell Account to Downtown Santa Ana
MARKETING: Execs part with Draftfcb amid agency’s cutbacks here
Advertising agency Draftfcb has cut staff, reduced the status of its Irvine office, and seen two key executives leave to start their own shop
Long Beach Register? Cell-ing Newport Coast; SA’s Downtown Legs
OC INSIDER Column by Jerry Sullivan
Creative Edge Planned for Final Summit Phase
REAL ESTATE: Wants to add weekend, nighttime use at center
Parker Properties LLC is looking to go out with a bang for the final phase of development at its signature Summit Office Campus in Aliso Viejo.
Dissident Aims for Founders’ Seats on STEC Board
TECHNOLOGY: Balch Hill offers nominees for three spots
The largest independent investor in Santa Ana-based STEC Inc. is seeking to replace three of the company’s eight board members, setting the stage for a proxy battle
Street Likes Questcor Deal With Novartis
HEALTHCARE: Drug maker rises on word of $135M buy
Questcor Pharmaceuticals Inc. is beefing up its pipeline.
Mission Control
Allergan Exec’s Career Didn’t ‘Just Fall Out of the Sky’
WOMEN IN BUSINESS AWARDS: Lynn Salo learned that “you have to take control of your career” when she got started with Irvine-based drug maker Allergan Inc.
Such a Career!
30 Years, Many Hats at PPS Parking & Transportation
WOMEN IN BUSINESS AWARDS: There’s little that Karen Such hasn’t done at PPS Parking & Transportation Inc. over the past 30 years.
Jamboree Housing’s Driving Force
Nonprofit Grows to 70 Developments, 7,000 Units on Her Watch
WOMEN IN BUSINESS AWARDS: Laura Archuleta has plenty of experience building both apartment complexes and a real estate company from the ground up.
Relationship BuilderRager
Takeda Launched Boutique Recruiter in Down Times
WOMEN IN BUSINESS AWARDS: Recruiting firm Rager Resources Group LLC over five years built a client portfolio that includes big names such as Hyundai Capital America and NBCUniversal Inc.
ADDENDUM - June 17, 2013
Other items of interest from Orange County Business Journal
Local Commercial Construction Firms Post Big Gain
Increase Led by Orange County Clark Construction Office
COMMERCIAL DEVELOPMENT: A jump in work reported by the local office of Clark Construction Group LLC helped Orange County’s largest commercial construction companies post their strongest year for revenue since 2008.
Completed Projects Up But More Room for Growth
Developers Between Old and New Construction Jobs
COMMERCIAL DEVELOPMENT: Orange County saw an uptick in grand-opening ceremonies last year, but commercial developers are waiting for many of the area’s biggest projects. Includes the 2013 OC's LARGEST COMMERCIAL DEVELOPERS list for download (pdf)
Biolase Adds President to Complement Pignatelli
CEO Says He Remains Committed to Company
Irvine-based dental laser maker Biolase Inc. followed up last week’s dismissal of rumors that Chief Executive Federico Pignatelli would leave, in the Healthcare column
Santa Ana Company Sponsors Industry Trade Pub
Paint Maker Helping With Distribution to Fellow Pros
A Santa Ana-based paint manufacturer is sponsoring distribution of a new trade publication aimed at people in the general contracting, property management and remodeling industries, in the Media & Marketing column.
Home of In-Flight Entertainment Operation Purchased
Irvine Spectrum Office Goes for $29.3 Million
An Irvine Spectrum office leased to an in-flight entertainment unit of aerospace and defense company Thales USA has traded hands for nearly $30 million, in the Real Estate column
Clean Energy’s Pickens Sees Brighter Days in Future
First Profit Since ’07 IPO Amid Infrastructure Push
Legendary oilman and corporate raider T. Boone Pickens, who cofounded Clean Energy Fuels Corp. some 25 years ago, said he believes the Seal Beach-based company may have finally turned the corner, in the Technology column.
By the Numbers - ORANGE COUNTY CONSTRUCTION CONTRACTORS
Orange County has more than 1,500 construction contractors. Includes analysis, charts and figures.
REAL ESTATE DEALS - June 17, 2013
Sales and leases of offices, industrial buildings, retail space and apartments
Good News for North, Central OC Office Markets in Q1
REAL ESTATE WATCH: NORTH & CENTRAL ORANGE COUNTY
The North and Central Orange County office markets got good news in the first quarter. Includes Real Estate Watch industry performance charts.
Asics Gets Ahead
Irvine-Based Brand Has Lapped Expectations on Sales
APPAREL: Asics is running ahead of schedule
‘Super Angels’
Venture Capital Thinks Smaller as Startup Costs Drop
Venture capital firms are making investments earlier in the life cycle of target companies
Los Olivos Plan Puts OC Retail Back in Action
REAL ESTATE: Would be just 2nd sizable new project here since 2008
The Irvine Company plans to build a 100,000-square-foot neighborhood shopping center next to its new Los Olivos apartment community
Office Portfolio Tops $100M in Airport Area
REAL ESTATE: Equity Office gets 521,000 SF in deal with AIG
Equity Office Management takes over four-property office portfolio in Irvine, Newport Beach
How OC Rates for Women; Haddad to Chair UCI Foundation
OC INSIDER Column by Jerry Sullivan
Lennar Division, SD Partner Get Santa Ana Offices
REAL ESTATE: Reported $16M price for 128,000 square feet
A 128,000-square-foot office project next to the Costa Mesa (55) Freeway in Santa Ana has changed hands for about $16 million.
Kia Looks to Come of Age With Cadenza Campaign
AUTOS: TV spots during NBA finals for first premium sedan
Kia employs coming-of-age metaphor in its ad campaign to introduce 2014 Cadenza
Miramar Plans $50M Mobile Sector Fund
Corona del Mar-based venture capital firm Miramar Venture Partners is launching its first-ever “sector-specific fund”
Retail Center Sale One of South OC’s Priciest This Year
REAL ESTATE: Gerrity Group affiliate pays $28.6 Million
Gateway Center, a nine-building retail center along Alicia Parkway in Mission Viejo, has traded hands.
Billabong Shares Fall After Suitors Exit
Shares of Australia-based Billabong International Ltd. plunged as much as 56% June 4
Pimco Fund Sees Withdrawals
Investors withdrew $1.3 billion from the Pimco Total Return Fund last month
NB Private Equity Invests $15M in 4-D
Newport Beach-based private equity firm Tarsadia Investments put $15 million into Daqri, a Los Angeles-based developer of “augmented-reality” platforms.
Advantage Sales Acquires Pryority
Irvine-based Advantage Sales and Marketing LLC acquired Pryority Food Marketing Inc. on undisclosed terms.
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