TECHNOLOGY: Coming home to Microsoft’s voice-activated assistant
Smartlabs Inc. Chief Executive Rob Lilleness entered a meeting this past summer at Microsoft Corp. headquarters expecting software development work.
2-Year Growth of 208%; New Affordability Focus
A slowly improving U.S. housing market has boosted most large national homebuilders’ sales and bottom lines over the past few years.
Bank and Wealth Manager Doubles Sales in 2 Years
First Foundation Inc. doubled revenue in the past two years, making it the fastest grower among midsize publicly traded companies in Orange County.
Losses and Stigma Still Block the Stock
Terra Tech Corp.’s game plan in the budding recreational and medicinal marijuana industry aims to bring seed to sale under one roof.
Irvine Co. Would Fund 8M-SF Project, L-T Lease
The city of Irvine is pulling out all the stops to land Amazon’s second headquarters, including an offer from Irvine Co. to fully finance the development of the 8-million-square-foot project, which would be largely built on its Spectrum-area land.
OC Presence Includes 18 Buildings, 1.4M SF
Applied Medical Resources Corp. in Rancho Santa Margarita expanded its European operations this month with the opening of a 215,000-square-foot manufacturing, research and development facility at its European headquarters in Amersfoort, Netherlands.
Esports Arena Debuts at Johnny Carson’s Old Studio
Studio 1 looked every bit its age before the demolition crews arrived.
Toshiba America Business Solutions Inc. has moved its North American headquarters from Irvine to Lake Forest, where executives are mapping an acquisition strategy last implemented nearly a decade ago.
Charles Antis was just a few years into his roofing business and still at that stage where, while the dollars were coming in, the money from each job had an outsized impact on the business’ future. So when he got a call from a desperate woman who needed her leaking roof fixed right away, he took the job.
Allergan PLC raised eyebrows last month when it announced its patent deal with an American Indian tribe in New York, transferring the rights for its eye drug Restasis to the Saint Regis Mohawk Tribe.
Since 2012, The Civic 50, an initiative of Points of Light, has recognized the 50 most community-minded major corporations in the nation each year as determined by a survey developed by True Impact. For the first time in a local market, the Orange County Business Journal presents the 2017 Civic 50 Orange County in partnership with OneOC, recognizing the 50 most community-minded small, medium, and large Orange County companies.
‘Corporate Philanthropy Is in a Renaissance’
The list in this Special Report is unusual for the Business Journal in two ways. It’s a first—the first list of local-market Civic 50 honorees in the country. And it’s likely a first Business Journal list without financials. Rightly so.
Stakeholders Helped It Identify Youths’ Needs
There are times when a simple idea leads to an unimagined result. That was the case a few years ago, when Lisa Haines Heppelmann and Jill Bolton of Disneyland Resort decided to take a closer look at how the organization invested philanthropic dollars.
Thousands of Hours, Cash Donated Every Year
A financial literacy program to teach young people better money habits. Ongoing training for nonprofit leaders. A food and supplies drive for homeless military veterans, whose donations nearly reach the ceiling.
Tax Firm Staff Good At Math But Give Out Books
Every few months, employees at KPMG’s Orange County office trade in their crisp suits and smart outfits for jeans and comfy shirts, turning a workplace full of accountants and tax specialists into a group of folks who look ready to head to a ballgame. And each happily pays $5 to do it.
Beneficiaries of Pro Bono Work Include Elderly, Vets
The elderly woman had made her decision. She needed to get her granddaughter out of her home. She loved the young woman dearly, but the substance abuse problems she struggled with had changed the girl into someone her grandmother no longer recognized.
Sales and leases of offices, industrial buildings, retail space and apartments
Pacific Performance Engineering sold a multioffice building to Galaxy Oil Co. for $3.8 million, or $316 per square foot.
Other items of interest Orange County Business Journal Vol. 40, No. 43
The University of California-Irvine said it will create a Center for Jewish Studies to bring together faculty, students, visiting scholars and members of the public interested in exploring Judaism.
Deadline gone for Amazon’s HQ2. I was in London at Trafalgar Square when that city won the bid for the 2012 Olympics.
REAL ESTATE: Family biz back after Goodman stint
Birtcher Development LLC is back in business, minus the Australian accent.
HEALTHCARE: Light therapy device used for pain, aesthetics
BioPhotas Inc. in Anaheim plans to tackle the Holy Grail of perpetual, nonhealing wounds with its light therapy device Celluma.
REAL ESTATE: Retailer in 15-year lease-back
The local office of development and investment firm Hines has made another notable office acquisition in North Orange County, buying the Anaheim headquarters of Pacific Sunwear of California Inc.
NB Wealth Manager Doubles Assets with Provocative Views
David L. Bahnsen runs a business that isn’t politically correct.
MARKETING: In robust IPO year, biggest biding its time
Several local companies sprinted to the stock exchange shortly after filing for an initial public offering this year, matching the national pace of just over 50 days, according to a report by PwC in New York.
Applied, over the course of 30 years as a private company, did not stray far from its founding mission.
Japan Laws Approve Product in 6 Months
The cell and gene therapy industry continues to capture the interest of investors of all types, including international investors attending the Cell and Gene Meeting on the Mesa, a three-day conference at the Estancia La Jolla Hotel & Spa this month.
Gigantic Miu Miu Joined Birthday Fashion Shows
South Coast Plaza continued its 50th anniversary celebration with a pop-up exhibit in the Jewel Court Oct. 6 to 17 that featured two 12-foot handbags by Miu Miu.
$117 Million Jump In Price Tops in California
Emmes Group of Cos.’ ownership of the Michelson office tower in Irvine from 2009 to 2012 was said in a recent market report to be the shrewdest office investment in the state in recent years.
Syntr Treats Diabetic Foot Ulcers
A startup created by University of California-Irvine alumni who created a device to treat diabetic foot ulcers with stem cells received a grant for $300,000.
Gives Equipment, Own Data Center for Recovery
An Irvine company is offering free data storage for the next six months to businesses affected by hurricanes Irma, Harvey and Maria.
Newport Coast Tops The List; 4 New Zips Join It
The United States boasts 401 zip codes with median home values surpassing $1 million, according to new data by Realtor.com.
David Bahnsen saw the 2008 financial crisis from a unique view as a managing director at Morgan Stanley.
Willowick Golf Course Key Part of 10Msf Plan
A cluster of Central Orange County cities plan to throw their hats in the ring to get e-commerce giant Amazon’s second headquarters.
How a Nobel Prize Winner Teaches Economics to Chapman Students
Ninety-year-old Vernon L. Smith likes to watch college kids play games.
Yorba Linda CareFusion Ops Moving to Spectrum
One of the biggest medical device firms in Orange County plans a major expansion and hiring push after signing a deal to move its local operations from Yorba Linda to an office project being built in the Irvine Spectrum.
Customers Seek Advice, Even as Congress Debates
Accelerate deductions, and hold back on the income.