Stories for April 2001
Monday, April 30
Surfer Noah Johnson has filed suit against Hurley International, claiming that the Costa Mesa-based surfwear company did not have grounds to cancel its three-year contact with him and continue promoting products using his name and photographs.
Kenton Properties acquired a 16,000-square-foot industrial building at 20431 Barents Sea Circle in Lake Forest from Ryadon Inc. for more than $1.5 million, then leased it to Rapid Conn Inc. for three years at $0.6 million. Andhi Wiranantha of Indo Realty
Hoag Memorial Hospital Presbyterian is three-quarters of the way toward its goal of raising $50 million for a planned 309,000-square-foot, eight-story women's pavilion on its Newport Beach campus.
Art Okun says finding a niche, whether in his career or investments, is his specialty.
While most Web companies are laying off people and trying to redefine themselves, iStarSystems is working with headhunters to hire more people.
Clothestime Stores Inc. is close to settling a trademark dispute with a Florida-based exotic-clothing company over the use of the name Eye Candy, according to an attorney for the Anaheim-based retailer.
The University of California, Irvine, College of Medicine now is part of the National Cancer Institute's Cancer Data Network. The school's inclusion in the database came about after UCI received $1.2 million from the California Public Health Institute to
Some commentators and researchers see at least part of the chip industry coming back in the third quarter,an event that would surely benefit Broadcom Corp. and Conexant Systems Inc. The recent quarterly reports out of the two largest OC chip makers retold
Thirty-four days. That is the number of days this summer California's Independent System Operator has estimated that we Californians will see rolling blackouts.
ANOTHER BELL TOLLED FOR ENERGY-STRAPPED CALIFORNIA AS Standard & Poor's lowered the state's bond rating by a couple of notches, down to the same level as during the early '90s recession.
The low-rise office market (one to three stories) continues to be the tightest sector of office product in Orange County. This historical trend has resulted in stronger construction activity and lower vacancy rates than in other office sectors. More than
Major businesses throughout California,already nervous about pending electricity rate hikes,are up in arms over state legislation that could end their ability to sign contracts with outside electricity providers and leave them stuck paying high electricit
As Broadcom Corp. and Conexant Systems Inc. have lost their appetite for acquisitions, Microsemi Corp.,Orange County's third-largest chip maker,has sounded hungrier in recent months.
TriZetto Group Inc., Newport Beach, acquired Infotrust Co., a healthcare information technology company, from Trustco Holdings Inc. TriZetto bought Infotrust for shares valued at $12.5 million to $13.5 million as of last week.
Neil H. Cogen was named dean of Whittier Law School, Costa Mesa. Previously, Cogen was professor of law at Quinnipiac College School of Law in Connecticut.
Come along with me this week to a kitchen in Yorba Linda that is bringing in rave reviews. It's a place called Wild Artichoke that has an owner well-versed in the restaurant field.
The top seven health maintenance organizations operating in Orange County vary by how much of their premiums are pumped back into medical care, according to a state professional association's report.
Mixed: New-home sales, prices and inventory in OC in the first quarter, according to The Meyers Group, which reported a 17.7% drop in homes sold compared with the first quarter of 2000, a 9.5% rise in median price to $399,000, and a year-to-year drop in i
Newport Beach-based Lawrence, Mayo & Ponder was in the dark last week about whether it had won a $20 million chunk of business from the California Department of Health Services. But then again, the ad shop was in the dark when it pitched the agency, too.
Woodland Hills-based The Voit Cos. plans to break ground this summer on a 500,000-square-foot, $35 million industrial complex in Brea, one of Orange County's largest speculative projects in recent memory.
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Newport Beach-based Lawrence, Mayo and Ponder recently broke a TV spot for Read California in Sacramento featuring pro skateboarder Tony Hawk,a teen favorite in focus groups, according to Lynda Lawrence, agency president
Orange County's advertising shops have been preaching for years that the Hispanic population,and its spending potential,can't be ignored. Now they can tell their clients "Yo te lo dije",I told you so.
In their 60 years of combined experience in Orange County commercial real estate, Blair Armstrong and Greg Butcher crossed paths often.
Los Angeles-based MSC.Software Corp. hasn't even moved into its new Santa Ana headquarters yet but the software developer already is expanding.
Irvine-based independent power producer Newport Generation Inc. is building a power plant in eastern Washington that won't be able to help California this summer but could play a part in the state's long-term power fix.
If everything goes as planned, Odyssey Strategic Partners LLC soon could be one of the largest Orange County-based venture capital firms.
If venture capitalist investments say anything about what Orange County's technology world might look like in a few years, then signs for chip and photonics companies could be even more prominent than they are today.
After sending flashlights to power-sensitive California companies earlier this year, recruiters from the Volunteer State were in Orange County last week pitching companies on relocation.
Shea Completes Office Building; OC Pair Write Book on Construction Defects
As part of ongoing restructuring efforts by its new owner, the Los Angeles Times is refocusing its news coverage to concentrate on regional and national news, officials at the newspaper said. The move by Tribune Co., which will be formally unveiled May 6,
Monday, April 23
The developers of the oft-delayed Pointe Anaheim project are retooling plans for their $545 million outdoor shopping and entertainment center across from the Disneyland Resort.
But if the confidence of small businesses is anything to go by, then Orange County could dodge the economic storm lingering over other parts of the country.
Prices: lunch appetizers $4.95 to $11.95, entr & #233;es $7.95 to $15.95; dinner appetizers $4.95 to $13.95, entr & #233;es $11.95 to $25.95; Sunday brunch $21.95 adults, $8.95 children
Eric Bauer has seen popular opinion swing hard when it comes to Internet-related companies like his.
The federal government could learn a thing or two from Orange County businesses on how to deal with the Chinese government.
After reviewing economic indicators, hearing about early first-quarter results from analysts and listening to prognostications from real estate execs, it's safe to say the commercial market is slowing. Most believe the downturn will continue through the s
After six years of planning, The Robert Mayer Corp. is poised to build the next phase of its 50-acre resort in Huntington Beach.
After studying business at the University of Southern California, starting his own company and then getting a law degree from Harvard University, Hogue now runs the West Coast office of the Audax Group, a Boston- based venture capital and investment firm.
As the Orange County office market showed signs of settling in the beginning of 2001, construction remained active. Approximately 640,000 square feet were added to the office base in the first quarter as development wrapped up on 22 buildings, contained w
Texas Instruments Inc. plans to pull all but a handful of its 250 people out of Orange County amid soft demand for chips in a slowing economy.
In a medical-device family feud, Radiance Medical Technologies Inc. has won a court battle with its former parent.
The Los Angeles office of Ketchum has been tapped to handle Fountain Valley-based Hyundai Motor America's national public relations account.
Some 43 million Americans, including about 35% of the country's Latino population, lack health insurance. A new federal bill aimed at helping the uninsured obtain coverage is getting backing from the Hispanic Business Roundtable, a Washington, D.C.-based
Santa Ana-based PacifiCare Health Systems Inc. has taken the reins of senior Web site Senior.com and laid off 18 of its 20 workers.
Orange County has become a more costly place for business travelers this year, ranking as the No. 24 most-costly area nationally, up from No. 45 last year.
The Segerstrom family empire partly owned by Nellie Ruth Segerstrom may be worth more than her estate said it was.
UCI prof Mark Petracca laments that he usually fills only a few seats for his Friday afternoon symposiums. Not so on Good Friday, when about 175 people, including chancellor Ralph Cicerone, jammed a lecture hall to hear guest speaker Loretta Lynch, contro
Struggling online retailer buy.com Inc. may need all the help it can get, but a recently departed director calls his move a natural one and not a rush for the exit.
Up: Employment in OC in March, at 1,420,200 jobs, up 46,000 from March 2000. Unemployment was 2.4%, the same as February and down a tick from March 2000's 2.5%.
When the California Air Resources Board in September reaffirmed its mandate that 10% of cars sold in the state be electric or hybrid vehicles by 2003, automakers grumbled. Not Cerritos-based Impco Technologies Inc.
As the state's energy woes increase electricity bills for businesses from Eureka to San Diego, U.S. Bank is stepping up to help shoulder some of the burden.
DGWB Advertising, Santa Ana, promoted Dave Swartz and Enzo Cesario to co-creative directors. Prior to joining DGWB, Swartz was senior copywriter for Mullen Advertising in Wenham, Mass. Previously, Cesario was a partner at The Central Agency.
The city of Industry has set up its own utility and is eyeing a possible power plant in the west end of town.
Paul Frank is part rock star, part Forrest Gump. The 33-year-old designer is an artist and reluctant businessman whose quirky cartoon characters are loved by grownups who refuse to grow up. With annual sales of more than $10 million, his Newport Beach-bas
G & K; Investments acquired a 64,403-square-foot industrial center at 1251-1291 Sunshine Way in Anaheim from Sunshine Way LLC for $4.9 million. Jeff Chiate of Cushman & Wakefield represented G & K.; Allen Buchanan and Sonya Grech of Lee & Associates' Orange off
Q & A;: Industry Leaders Weigh in on Low Interest Rates and a Slowing Economy
With low interest rates and demand continuing to outstrip supply, they can't produce homes fast enough. It doesn't matter that developable land has become scarce, driving home prices through the proverbial roof. Demand has not flagged.
Architectural firm Wimberly Allison Tong & Goo has acquired Singapore interior design firm Interior Design Network International Pte. Ltd.
Size does matter, at least when it comes to sales. The smaller the company, the faster its revenue growth rate typically is.
Technology campus operator Enfrastructure Inc. plans to follow up its initial launch last September with an open house tour of its new Aliso Viejo facility. With invites sent out, Enfrastructure hopes to showcase its swank facilities that seek to give you
Networking gear maker Cisco Systems Inc. is reconsidering plans to take more space in Irvine's University Research Park as it undergoes dramatic cuts to weather a sharp economic slowdown, according to a company spokesman.
Change is the one constant at The Irvine Company. In the past 50 years, the company has transformed the appearance and economy of Orange County, while undergoing its own periodic transformations in ownership, management and/or organizational structure.
Richard "Dick" Engel has two passions: driving muscle cars and rebuilding power plants.
Why would the city of Industry pay $61 million to build homes in places like Pomona, Norwalk, Pasadena, and Los Angeles?
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Santa Ana-based Gigante USA Inc. is nearing an agreement that could quell labor protests that have dogged the Mexican retailer's U.S. expansion.
When the doors opened at Jim Dickson Realtors in 1952, most of the people who lived in the San Gabriel Valley area were whites riding the post World War II economic boom.
Broughton Hospitality Group has joined a growing list of hospitality brokerages and consultants in Orange County.
I continually receive propaganda from opponents of the proposed El Toro airport. Recently, a flurry of mailings suggests to readers that in order for Orange County to be a premier location, just like LA, San Francisco and San Diego, we "need" a Great Park
Monday, April 16
Nine Flex Spaces, Existing and Under Construction, Ranked by Contiguous Square Feet Available (CA)
Lab Holdings LLC has signed several tenants for its planned outdoor-sports oriented The Camp retail center, including Irvine-based Billabong USA, which will open its first retail outlet at the mall.
Sean Maloney, executive vice president of Intel Corp.'s communications products group, recently talked up his company's ambition to dominate the communications chip industry.
Lee Hancock, president of Irvine-based Go2Systems Inc., says he is letting up on the gas pedal,for now.
Orange County's largest public companies saw nearly $26 billion in market capitalization wiped away in the first quarter.
California's energy crisis is very real,all too real for the thousands of businesses throughout the state which entered into the I-6 or other Interruptible Service Programs. Promoted to businesses as a way to reduce expenses on energy usage with minimal r
Gov. Gray Davis and Southern California Edison reached a deal for the state to buy Edison's power-transmission grid for $2.76 billion; the move puts Edison on a separate track from Pacific Gas & Electric Co., San Francisco, which filed for Chapter 11 bank
Just months after announcing a settlement, the owners of the Rusty Pelican restaurants in Newport Beach and Glendale and Houston-based Landry's Seafood Restaurants Inc. are back in court.
The fashion industry knows John Bernard as the guy who created such youth apparel brands as 26Red, Sugar and Suburban, but now the OC entrepreneur has established a new line of business.
Orange County's top commercial brokerage firms concluded a sizzling three-year run in 2000 and, for the second consecutive year, the top producers increased their aggregate revenue by 18%, according to figures compiled by the Business Journal.
Westminster Press Inc., a Vietnamese family-owned printing company, has bought an 85,000-square-foot Santa Ana industrial building from ConAgra Foods Inc. for $3.7 million.
Plopped in the middle of strawberry fields, construction crews are scrambling to bring up the walls on Corning Inc.'s new Fountain Valley manufacturing plant.
Greg Creed will become Taco Bell Corp.'s third chief marketing officer in four years, replacing Kip Knight who left quietly several months ago.
Cushman & Wakefield Inc. stole the national spotlight with its announcement last week that it plans to acquire Cushman Realty Corp.
Irvine-based Sares-Regis Group purchased the 376-unit Northridge Apartments in Phoenix from Unum Life Insurance Co. for $15.4 million. Terry Biehn and Joseph Blegan of Camidor Property Services represented both parties.
After running a stock brokerage, investment bank and private equity firm, longtime Orange County money man Walter Cruttenden is heading into something new.
David Dunn, a partner in the Newport Beach sports management firm of Steinberg, Moorad & Dunn since 1997, has set up an office with two other Steinberg associates and is in talks with parent Assante Corp. about his future role.
Mazda North American Operations, Irvine,the largest client at the Newport Beach office of Doner,is moving ahead with plans to hike its TV media buy.
The Mid-Counties Market is defined as the cities straddling the border of Orange and Los Angeles counties. The strength of the Mid-Counties market continued through the fourth quarter, as the market indicators remained positive in both the office and indu
California Agribusiness Credit Union in Buena Park is adding 1,000 members and $2.2 million in assets by acquiring Los Angeles-based Carnation Southern California Federal Credit Union.
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10 Largest Buildings, Existing or Under Construction, Ranked by Contiguous Square Feet Available (CA)
Dora Taylor has joined the Costa Mesa offices of IA as project manager. Taylor has 12 years of experience in architecture and interiors.
At a slow time for local hotels, last week's Passover holiday attracted Orthodox Jews from around the country to Orange County searching for warm weather and the happiest place on earth, Disneyland.
When judging whether Irvine's TransDimension Inc. may survive the economic downturn and soured technology market, consider this: the company recently turned down extra funding.
LuLu's Dessert Factory Inc., which makes Mexican-style gelatin desserts and frozen fruit bars, has relocated from Huntington Beach to a 54,000-square-foot plant in Vernon.
Being in the property management business wasn't for the faint of heart this past year. Consolidation,real and rumored,dominated the playing field. And, at least going by the numbers, consolidation proved a useful maneuver in moving past the competition.
The California Public Employees' Retirement System,the nation's largest pension fund,has launched a Los Angeles-based private equity fund, called Global Innovation Partners LLC, to invest in later-stage growth businesses and buyout situations.
Shares of PacifiCare Health Systems Inc., Santa Ana, got a bounce recently when the health maintenance organization said its first-quarter and full-year earnings would come in at the top of the range of analysts' estimates. Those estimates are 35 cents a
These days, you'll find Safi Qureshey at an office in the shadow of the Irvine Spectrum building that used to house his AST Research Inc.
RAY BRADBURY, THE OCTAGENARIAN WRITER, VISIONARY AND SOUTHERN California treasure, made some provocative points at KOCE's Aristeia Awards program the other night.
Prices: Entr & #233;es $10.95 - $24.75; Sunday Brunch $25.75, including Proseco sparkling wine; children under 12 are free
Several big conventional and biotechnology drugs are set to lose patent protection in the next few years,creating a potential bonanza for generic drug makers.
Across Orange County, businesses are bracing for higher energy bills in the weeks ahead. But they haven't seen anything yet, according to Susan Corrales-Diaz.
Monday, April 9
To outsiders, Little Saigon may appear little more than a monolithic array of strip malls packed with noodle soup restaurants and trinket shops. With most signs in Vietnamese, Little Saigon seems a tight-knit enclave.
West Orange County is the smallest of the office submarkets, with 5% of the total net rentable office space in Orange County. The West Orange County market area performed well throughout 2000, with steadily tightening vacancy rates and four quarters of po
Gov. Gray Davis proposed a tiered electric rate increase under which large users' rates would increase the most; the plan is likely to be merged with a similar PUC rate hike The PUC approved a restructured "interruptible" program for the state's large p
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While computer manufacturers and distributors like Hewlett-Packard Co., IBM Corp. and Dell Computer Corp. took control of the billion-dollar American market for desktop computers and peripherals, Imad Boukai took his computer-and-pony show on the road. Hi
La Jolla Sport USA Inc. has found a new corporate headquarters building in Irvine. A licensee of O'Neill sportswear, La Jolla Sport has acquired a 75,567-square-foot building, according to a spokesperson at Grubb & Ellis Co.
Just like his father did before him, Kip Arnette is facing a legal dispute with the second-largest U.S. maker of sunglasses, Oakley Inc. in Foothill Ranch.
The Howell Trust acquired the 20-unit Lake Forest Villas Apartments at 23442-23452 Packer Place in Lake Forest from Balata Investments LLC for $2.1 million. Don Readinger of Readinger Realty represented the trust. Grant Hahn of Morgan Skenderian Investmen
During the late 1990s, Anaheim struggled to attract more visitors during the city's massive remake. Meanwhile, Long Beach, with a revitalized downtown and harbor, was the Southland's redevelopment darling.
Reason: Gourmet Italian food every Thursday; appetizers $5 to $11, entr & #233;es $12 to $21
Two Orange County law schools made it into the Top 10 most culturally diverse law schools in the nation, as ranked by U.S. News and World Report.
An Orange County developer has started construction on a 70,000-square-foot office building in Corona.
David Murphy, chief executive of Y & R; Companies in Irvine, strolls casually into the advertising agency's Lincoln Mercury team room carrying a small bottle of water.
Newport Beach brothers Chad and Ryan Steelberg last year launched free high-speed Internet provider Winfire Inc. and closed it down a little more than a year later. Now the defunct company's customers are still holding the bag. Even though Winfire recentl
The White Brothers' headquarters sits in a Yorba Linda business park surrounded by green hills that taunt the off-road enthusiasts who work at the maker of motorcycle accessories.
San Francisco-based high technology and litigation law firm Brobeck, Phleger & Harrison LLP recently has been beefing up its Orange County operations with two key additions.
Three years back, Orange-based Bergen Brunswig Corp. and Cardinal Health Inc. of Dublin, Ohio, were gearing up to be a greater force in the wholesale drug distribution industry.
FCB Southern California hired Scott Anderson as director of public relations. Before joining FCB, Anderson was account supervisor, public relations at the Detroit office of FCB Worldwide.
The hospital industry and nursing groups are continuing their war of words. This time, the question of mandatory overtime for workers is the target.
The number of lawsuits filed annually in Orange County has dropped 50% over the past decade or so,a statistic that runs counter to the popular idea of the state and nation as lawsuit-happy.
Young & Rubicam in Irvine recently unveiled a new campaign for client Lincoln Mercury and its new sport utility vehicle, the 2002 Mercury Mountaineer. This is the first Lincoln Mercury campaign developed by John Doyle, the OC agency's new executive creati
Harbor National Bank, which added a second branch in 2000 and nearly doubled its assets in the past year, is seeking capital for further expansion.
Back in the days before electricity deregulation, Mel Horwitt and his Utilities Resource Management Group helped technology and other companies cut power bills by joining the now infamous "interruptible program."
When the St. Clair Co. LLC broke ground on the Newport Technology Center last month, it began one of the largest projects in Newport Beach since the community began pushing for limits on growth.
Regional air quality officials have undertaken a piecemeal rollback of several environmental regulations to help companies deal with the state's energy crunch, sparking the ire of local environmentalists.
IN THE ADJOINING COLUMN ARE TWO LETTERS ADDRESSING THE STATE energy crisis. One, from an academician, rips California for proposing more government to solve a problem that government created in the first place.
2000 will go down as a transition year for Orange County's largest public companies, which saw the heady growth of 1999 start to give way to the economic uncertainty that's now reigning in 2001.
One of the largest title insurance companies in the nation, Fidelity National Financial Inc., has filed to offer $500 million of debt securities, common and preferred stock and depository shares.
After stumbling badly in early tests, Boeing Co. looks to be back on target with the development of its next-generation Delta IV rocket, potentially pulling a $1.67 billion Air Force contract back from the brink of being handed over to a competitor.
Whether through restructuring, deals or old-fashioned product development, most of OC's 10 largest public companies improved their financial pictures in a trying 2000. Following the national trends, OC's financial services giants Fidelity National Financi
Twelve months ago, investors interested in communications chips could have made a lot of money,unless they invested in Conexant Systems Inc.
Orange County companies are losing their shine. The moderate growth in revenue posted by OC's largest public companies did not help them retain their rankings on the latest Fortune 500 list.
U.S. Census figures out this month show that Latinos and Asians are the fastest-growing ethnic communities in Orange County. Some local hospitals, having already seen the demographic shifts develop in their areas, have introduced programs and services to
Investors who lose their shirts on Wall Street still need a place to sit down and drown their sorrows.
Some top OC executives aren't waiting for the economists to revise their forecasts; privately, they say a recession is already here When tech guru and former QLogic chairman Gary Liebl was diagnosed with prostate cancer in September, he decided to deal
Monday, April 2
Though its stock has tanked, Santa Ana-based Microsemi Corp. has managed to offer up some good news as its Orange County cohorts continue to do the opposite. Just as Conexant Systems Inc. said last week its second-quarter revenue would be down almost 40%
The Register's New Front Page Includes Ad Space; ASG Renaissance Opens OC Office
Micro Therapeutics Inc., Irvine, received FDA approval for a clinical trial of its Onyx system for brain aneurysm treatment.
Panattoni Development Co. LLC, Newport Beach, has partnered with San Francisco-based Bristol Group Inc. to construct build-to-suit distribution and manufacturing facilities on the remaining 140 undeveloped acres of the Sycamore Canyon Logistics Center in
The 15 busiest full-service restaurants in Orange County cooked up a 4% gain in meals served last year to 5.7 million compared with those served by the top 15 eateries on last year's Business Journal list. In the past 12 months, the 15 restaurants cut emp
The credit union that serves Conexant Systems Inc.'s employees, Newport Beach-based Cal West Credit Union, has been acquired by Financial Partners Credit Union in Downey.
Laguna Hills-based Del Taco Inc. has tapped al Punto Advertising Inc. of Tustin to launch its first Hispanic advertising campaign.
Music venue and restaurant. At Downtown Disney, Anaheim. For more information, (714) 778-2583 or www.hob.com. With the same hip folksy d & #233;cor as the LA location, the new House of Blues at Downtown Disney showcases both local and world-class musicians suita
The Insider has pried enough snippets out of the tightly guarded Edwards Theatres Circuit bankruptcy proceedings to surmise how the deal with Denver-LA mogul Philip Anschutz will work. The informed speculation is that Anschutz Corp. and partner Oaktree Ca
For some Orange County auto dealers, asking them to back a proposal to close on Sundays is like asking them to shoot themselves in the foot.
The state Public Utilities Commission, which approved a power rate increase of up to 46% last week, will consider reinstating the right of utilities to levy fines on customers in the so-called "interruptible" program in a bid to counter predicted summer p
Verteq Inc., a Santa Ana maker of gear used to clean silicon wafers, has received an undisclosed amount of funding from Japan's Seki Technotron Corp., a supplier of chips and other electronics.
Real estate investor Mark IV Capital of Newport Beach has bought 2.69 acres in Laguna Woods' Town Centre for $1.5 million from Costa Mesa-based Polygon Development and plans to break ground on a 40,000-square-foot, three-story medical office building this
The office markets of North and Central Orange County total about 27% of the total net rentable office square footage in Orange County. Both markets prospered in the fourth quarter, with a sharp increase in net absorption of 253,980 square feet, bringing
Banking for the agricultural industry has not made many ripples in tech-heavy Orange County. But the largest credit union in California for farm employees has its headquarters in Buena Park and has been making its own fanfare.
It's lunchtime and Cha for Tea in Irvine is brewing with students and workers waiting for their orders, each carefully mixed in a cocktail shaker to the beat of jazz music.
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After several years of feverish deal making, Los Angeles merger and acquisition activity is poised for a substantial drop-off in 2001 as a result of the slowing national economy.
The Newport Beach Film Festival, featuring 56 films from around the world, kicked off Thursday and will continue throughout this week with screenings, seminars and parties.
Drive Servicing, a sub-prime auto finance company headquartered in Dallas, has moved 140 employees into a 26,000-square foot office in Cypress. The firm formerly occupied 9,000 square feet, and the new office will allow for a planned expansion to 280 empl
Forget about the county supervisors and city halls, Orange County land planning has a new sheriff,the federal government.
"More of the same," David White regional president of Comerica Bank-California, said jokingly, when asked what the effect his bank's $1.3 billion acquisition of Imperial Bank will have on Orange County businesses.
Beverlee Scalise, the concierge at MainPlace/Santa Ana, received the Walter Knott Award for overall service excellence from the Orange County Tourism Council at the industry group's third annual awards dinner on March 22.
Sav-Most Desert Rancho LLC bought the 55,282-square-foot Summit Plaza at 23272-23282 Mill Creek in Laguna Hills from Capital Pacific Holdings for $9.6 million. Al Pekarsik and Rob Mitchell of Voit Commercial Brokerage represented Sav-Most. Jeff Hanson and
M & A; Activity Mutes as Share Prices Fall, but Firms Find Other Ways to Make Deals
I find it interesting that the City Council of Irvine, as directed by Mayor Larry Agran, has eagerly spent over four million of their constituents' tax dollars to poll all residents of Orange County as to what imaginative things should be built within the
Porter Novelli Convergence Group, Irvine, added vice president Lance Allega to its senior management team. Previously, the 10-year industry veteran was director of corporate communications for Oakley Inc. Allega will work with the Hewlett-Packard digital
Dental X Change Inc., an Irvine-based provider of software and Internet-based services for the dental industry, has closed its third round of venture financing worth $5 million.
The IPO Market Is Dead and Acquirers Are Getting Harder to Find, Leaving Some Private Company Founders and Investors With No Way Out
Reason: To weave a meal of various small plates of food and tastes of unique wines
A sharply dressed Mike Manser sits at his desk and clicks through digital images on his computer.
Allergan Inc., the Irvine-based drug maker, had a busy March on the glaucoma treatment front. Last month, the Food and Drug Administration approved Allergan's Alphagan P pharmaceutical for treatment of elevated interocular pressure in patients with open-a
Rising electricity prices that are smacking companies across Southern California have Orange County technology companies adhering to the age-old energy-saving adage: turn the lights off behind you.
If this is the real estate column, then it must be time for another market report. This week's entry comes courtesy of Colliers Seeley, which looks at the Greater Los Angeles Basin and reveals a few interesting tidbits about Orange County.
Mortgage banker Pacific Southwest Realty Services is moving its OC office from Orange to Irvine.
Laguna Hills-based Guthrie Development Co. has outbid seven other developers for one of the last parcels of industrial property in Rancho Santa Margarita. Guthrie paid $2 million for the land and plans to develop an industrial park of six small buildings,
They were dressed to the nines but acted like groupies muscling their way into a rock concert.
Wisner, a former Irvine Co. spokesman, is traveling around the world with his brother Kurt. This is the third installment about their journeys.
The prospect of getting pushed out of the corporate nest as a public spinoff is apt to send shivers down the spines of executives these days. But the timing couldn't have been better it seems for Orange-based Sybron Dental Specialties Inc.