Stories for September 2001
Monday, September 24
Guess what? While it's hellish to fly out of LAX and many other major airports right now, frequent travelers report that at John Wayne it's never been easier. See details on page 12 David Paine, who runs OC's biggest independent PR agency, said that wit
Jay "Sparky" Longley stands proudly in front of a sandal wall of fame inside his San Clemente-based Rainbow Sandals Inc.
Irvine-based subprime auto lender Consumer Portfolio Services Inc. completed a $68.5 million sale of loans to investors last week, its first securitization since hitting hard times in 1998.
You have to train your friends to help you out in life. Thus, practically everyone I know is under a mandate to deliver impressions of their dining experiences to me. Sometimes, there's a wonderful little story that emerges that I believe will enhance our
The Business Journal has been asking prominent Orange Countians to share their impressions and opinions of the terrorist attacks and the aftermath. John Moorlach and Mike Danzi responded with essays that we thought deserved to be run in their entirety. Mo
A still-respectable local real estate market boosted Orange County's biggest architectural firms for the past year, yielding them respectable growth in both billings and employment.
An Orange County university professor has prevailed in a patent fight against a European medical device maker.
T & N; Tustin Investments Inc. bought a 20,381-square-foot auto retail center at 2005-2025 Tustin Ave. in Santa Ana from Frye Family Partnership for $3.3 million. David Shiokori of D & D; Capital represented T & N.; Pat Kent and Nick Coo of Faris Lee Investments r
Orange County optical gear startups have been hot recently, but will that continue to be the case?
Engineering firms that do soil and land inspection for public works projects have seen their labor costs spike since the state on Jan. 1 began mandating as much as a 100% wage increase for soil technicians and building inspectors on all state and federall
Woodland Hills-based Voit Cos. has acquired the 22-acre Friendly Hills Medical Group site in La Habra with plans to resell a relatively new building there and redevelop the rest.
Tustin-based Scantron Corp. has signed a $13.7 million, 10-year lease for 110,000 square feet of space at 34 Parker in the Irvine Spectrum where it plans to relocate from Tustin.
Newport Beach-based developer FountainGlen Properties LLC plans to break ground in the fall on two senior apartment projects totaling $43.4 million.
An early estimate by CoStar Group Inc. says that Lower Manhattan lost up to 12 million square feet of space as a result of the terrorist attacks on Sept. 11. While there's no tangible data on what the impact could be locally, one real estate observer cont
The office market in South Orange County has been lackluster at best in the first half, with rising vacancy putting downward pressure on lease rates and forcing landlords to offer more concessions to lure tenants.
Americans will face economic shocks and challenges to their civil liberties as the nation copes with the fallout from Sept. 11's terrorist attacks.
Power-Plant Projects Buffer Engineering Firms From Downturn; No. 1 Fluor Up 10%
Orange County businesses did their best to get back to normal last week. But many said what they returned to wasn't so much normality as a new reality in the wake of the Sept. 11 terrorist attacks.
IT LOOKS LIKE ONE OF THE FIRST CASUALTIES OF THIS "NEW KIND OF war" will be capitalism. First there were calls for a complete government takeover of airport security. If the public deems this to be a police function, or one that the private sector is no l
In response to the Sept. 17 Viewpoint by Nidal Ibrahim ("Coming to Our Senses"), I want Nidal to know that his greatest gift to me has always been his friendship, rather than his patriotism. While patriotism is noble and important, some of the most tellin
The San Ysidro-Tijuana border is seeing heavier-than-normal delays amid tightened security after the Sept. 11 terrorist attacks in New York and Washington, D.C.
Rainbow Travel's Sameer Abdelghani saw his business come to a standstill in the immediate aftermath of the Sept. 11 attacks in New York and Washington, D.C.
What could be an encore to the Vienna Philharmonic's performance of Tchaikovsky's "1812 Overture"?
Yard signs were posted throughout Orange County: Stop complaining. Be prepared. Think.
Breaking up may be hard to do, as the old song says, but Fluor Corp.'s split into two public companies in December has proved sweet for investors.
Monday, September 17
Severson Smith LLC sold two industrial buildings totaling 18,450 square feet at 30201 and 30221 Aventura in Rancho Santa Margarita to Aliso Viejo-based California Rosen LLC for $2.1 million. Mike Baker and Guy LaFerrara of Lee & Associates Irvine Spectrum
A couple of years ago, online wedding referral service 1-800-WEDDING was attracting cash from venture capital firms and big Orange County names such as Dennis Morin, founder of Wonderware Corp.
Orange County has been known for some time for its medical device sector, but the area is also home to a growing cohort of pharmaceutical companies infused with a research and development ethos.
The state Technology, Trade and Commerce Agency plans to open its first Orange County small business Financial Development Corp. in Santa Ana in November.
Investors learned a lesson about how a fast-rising stock can come down to earth even quicker at Corinthian Colleges Inc.
I mentioned to a friend that I'd recently visited the San Juan Islands. She wondered if they were in the South Pacific. Another couple thought I'd been camping out in the Caribbean.
Venture capital firm Forward Ventures said it plans to funnel more than $100 million into life sciences companies, despite the weakened national economy.
- Chris Anderson, Publisher, CEO of Orange County Register (Cable Business Journal) Check local listings for dates and times
The concept of "quality" in health plans has been roundly debated by managed care advocates and critics alike. Backers say quality is a measurable concept, while detractors contend it is nothing but a marketing buzzword.
Funny Rick Reiff should mention horse trails in his Sept. 3 editorial on OCTA's plan to build a system of bicycle paths in order to relieve traffic congestion. I was just in my friend Addison's neighbors' yard when I overheard...
Last week's tragedies in New York and Washington dramatized just how closely we on the West Coast are tied to the people and places nearly 3,000 miles away. It seemed everyone in OC's business community knew somebody who was transacting business in or nea
Ware Malcomb, Irvine, hired Elizabeth Reinbold as senior project manager. Corey Kelly and Gunnar Peters were also hired as job captains.
Horseracing runs in the veins of Dr. Edward C. Allred, owner of Los Alamitos Race Course.
Just three weeks after Orange County's tourism industry expressed cautious optimism about business for the rest of the year, last week's terrorist attacks dashed many of those hopes.
A new study finds that a majority of the state's hospitals saw their financial condition deteriorate in the past decade to the point where they had negative operating margins and could close should economic conditions grow worse.
The uncertainty of the economy and the electricity crisis affected real estate decision making in the second quarter. As a result, industrial gross activity in Orange County slowed from the highs seen in previous quarters, although the county still had mo
As New York's World Trade Center came tumbling down last week, so did business in Orange County.
The surfwear industry may be feeling the pinch like everyone else, but it didn't dampen the party at the Action Sports Retailer Trade Expo at the San Diego Convention Center.
With the nation's airplanes grounded last week, so was business at Santa Ana contract electronics maker Express Manufacturing Inc.
After a period of industry contraction and consolidation, Orange County's largest biomedical employers added products and customers and grew their aggregate workforce in the past year.
Irvine-based Kia Motors America Inc. hopes its latest marketing campaign for its new minivan will help make inroads with customers and boost its public image.
Huntington Beach-based KOCE-TV, Orange County's public television station, is trying to raise $8.5 million to go digital,a plan that involves, in part, a new live news channel for this area following the closing of the Orange County NewsChannel this month
Costa Mesa-based Essex Realty Management Inc. recently gained the management assignment for The Waters at Creekside, a 156,854-square-foot, nine building, garden-style office complex in Costa Mesa.
Anaheim-based Bisco Industries, a distributor of electronic components, has purchased an Anaheim building that will more than double its space.
In keeping with a familiar thread in this column, I have to point out that semiconductor sales still are falling,and fast,according to the most recent report from the San Jose-based Semiconductor Industry Association.
Many OC companies closed for the day Tuesday in the wake of the terrorist attacks in New York and Washington, D.C., and the subsequent suspension of air service stranded many OC businesspeople in other parts of the county and forced companies to seek alte
Orange County doesn't need to look to Silicon Valley for the nearest Linux software maker. There's one right here, and it's looking for $10 million.
Shekhar Chitnis loves to do an experiment where he drops three ball bearings into separate hollow glass tubes.
Aircraft Seal & Gasket Corp., a Brea company that makes silicone seals and gaskets for aircraft windows and doors, last month took new space at 505 W. Lambert Road in Brea as part of an expansion led by an upsurge in orders from aerospace companies such a
An unnamed local distribution company has agreed to purchase a 281,500-square-foot office and warehouse building being built on the former Medtronic Inc. site in Anaheim for its headquarters.
Consider apartments. Both Grubb & Ellis Co. and Marcus & Millichap Real Estate Investment Brokerage Co. have closed major apartment deals in recent weeks.
18-hole, par 71 course at 43860 Glen Meadows Rd., Temecula. Opened May 1. $50 Monday through Friday, $65 Saturday and Sunday. 6,833 yards. 74.1 course rating, 142 slope rating. www.crosscreekgolfclub.com. Phone (888) 226-5944.
Monday, September 10
When the going gets tough, the tough get anxious,so they go to an economic forecast, hoping to get a glimpse of the road ahead.
- El Toro Planning Commission Public Hearing (El Toro Airport Commission) Santa Ana 1:30 p.m. Free (714) 834-3000
It's happening as you read. Ford Motor Co.'s Premier Automotive Group division is nestling hundreds of employees into its new North American headquarters just off the San Diego (I-405) Freeway in Irvine.
Edison O & M; Services, a power plant maintenance unit of Rosemead-based Edison International, is consolidating four facilities,two in Long Beach, one in San Dimas and one in Paramount,into new space in Fullerton.
Although industrial activity has cooled considerably from the robustness seen in previous years, the Orange County Research and Development Market has tightened continually since the second quarter of 2000. Net absorption in the R & D; market reached a five-
Audio-visual product maker Eiki International Inc. has started moving from Lake Forest to Rancho Santa Margarita with modest plans to grow its 50-person operation in the next year.
Intersil Corp., an Irvine developer of wireless networking chips, late last month said it had signed a pact with Hong Kong-based Legend Holdings Ltd., China's largest computer maker.
L.K. Eric Prevette, a 30-year veteran of the hospitality industry, has joined The Irvine Company as executive vice president of resort properties, reporting to Clarence Barker, group president of investment properties.
Shop Also Touts Lincoln at U.S. Open; T & O; Finishes Senior Real Estate Work
Carpino moved his residence from the San Gabriel area to Talega on Christmas Eve of last year and in November his company, Pacific Packaging Machinery Inc., will move from Covina to become the first business to open its doors in the Talega Business Park.
The agency, which recruits employees for local and national technology companies, has seen its own staff drop from 18 people to five,and its client list is following suit.
Sicor Inc., Irvine, will sell 10 million shares in a secondary offering in which a firm affiliated with Chief Executive Carlo Salvi also will sell 10 million shares, which were trading in the low 20s late last week; with the offering, Sicor will have 110.
Local venture funding bucked the national trend and ticked up in the second quarter, but the amount of money invested in Orange County companies remained far below its year-ago level.
Paper products maker Mead Corp. last week said it plans to expand its Mead Consumer & Office Products plant and distribution facility in Garden Grove after announcing it was shuttering a similar facility in Atlanta.
The Orange County offices of Robbins Jorgensen Christopher have relocated from Irvine to an old waterfront fish cannery in Newport Beach. The new digs at Cannery Village make the most of the surroundings including a surfboard-shaped conference table creat
William Woodson joined Newport Beach's JBZ Architecture + Planning as director of educational facilities. Prior to joining JBZ, Woodson was an associate partner and director of the school for Langdon Wilson Architecture's LA office.
Bergen Brunswig Corp., the longtime wholesale drug distributor based in Orange, has wafted into the corporate vapors. In its place is AmeriSourceBergen Corp., a company with around $36 billion in annual sales.
Santa Monica-based investment bank USBX Advisory Services LLC has opened a Costa Mesa office to tap the Orange County market for mergers and acquisitions and other investment services.
Virtually every car on the freeways these days is represented in Orange County's burgeoning landscape of automakers.
There have been changes to the menu at all the Chevys restaurants, and they are not sitting well with me.
With some Orange County technology companies quietly thinning out local operations, it begs the question: is all the nipping and tucking a prelude to bigger cuts or the shuttering of operations?
MCBC LLC sold the 12,783-square-foot industrial building at 13231 Rosecrans Ave. in Santa Fe Springs to Glen Wilson for $872,000. Chuck Wilson and Steve Calhoun of Colliers Seeley International's Anaheim office represented MCBC, and Colliers Seeley's Joel
There's nothing like the threat of a hospital closure to get lawmakers' attention.
The Irvine Spectrum has landed a new occupant and it's not some flashy technology company moving into Orange County's tech mecca.
PacifiCare Life and Assurance Co., a subsidiary of Santa Ana-based PacifiCare Health Systems Inc., said last week that it will start selling its new individual health insurance plan for Medicare beneficiaries in Nevada.
As someone who has lived in Orange County for 42 years and has watched it grow from rural to urban, and as one who has devoted many years to protecting the environment as a former member of the California Coastal Commission, I feel the anti-El Toro airpor
But after four rounds of funding and $35 million in investments from Conexant Systems Inc., Western Digital Corp. and others, Valence Semiconductor finally has its first publicly released product,a chip designed to handle communications across global posi
This week, Pacific Bell Telephone Co. is expected to file a report with California's Public Utilities Commission addressing concerns raised by rivals about its bid to offer long-distance service in the state. It's the latest volley in an ongoing telecommu
Josh Agle is no starving artist. Agle,better known as Shag,has built a business empire around his signature paintings of cocktail drinking swingers from the 1950s and '60s.
Gov. Gray Davis' proposed $2.9 billion bailout plan for Southern California Edison hasn't gone over too well so far. But it may not matter.
THE PRO-EL TORO AIRPORT SUPERVISORS ARE READY TO TRIM THE SIZE OF the project, from an airport capable of handling 28.8 million passengers a year, down to only 18.8 million. (John Wayne handles between 7 and 8 million, LAX about 67 million).
Orange County's largest auto dealers saw their rate of growth slip last year but still posted a robust 13% gain in total sales to $2.7 billion.
In the 1966 sci-fi film "Fantastic Voyage," scientists were shrunk to microscopic size to be injected into the president's body to save his life. Once inside, the tiny explorers got an unmatched view of the human body.
Monday, September 3
Santa Ana-based RedSonic Inc., a maker of Linux software for use with embedded computing devices, said it has expanded into Asia with a Singapore office and subsidiary.
Medennium, an Irvine medical device company, said it has received approval from Health Canada to market its SmartPlug dry eye treatment in the country. The company said it has retained distributor I-MED Pharma to handle its product in Canada.
Mendoza Dillon & Asociados in Newport Beach has been knee-deep in work for client Sears, Roebuck and Co.
Of all the regions courting California companies, Kansas City is among the most aggressive and methodic.
The Greater Airport Area emerged as the leader in office construction activity in 2001, proving the continued strength of that segment in the submarket. While the Orange County office market moves into the maturation phase of the real estate cycle, and co
The telecommunications industry may be in a squeeze, but some wireless players in Orange County aren't showing it.
US Labs Inc., an Irvine-based medical testing company, has received $9.5 million in venture and debt financing in two separate deals.
Light Rail's Mini-Me WITH LIGHT RAIL LAUGHED OFF THE TABLE (FOR NOW), I GUESS THE ORANGE County Transportation Authority figured it needed some new comic material. So it has unveiled a plan to build a 724-mile system of bicycle paths in the county, on the
PacifiCare Health Systems Inc., the Santa Ana-based managed care company, has been identified with its core health maintenance organization products for many years. But PacifiCare, which is attempting to work its way out of a difficult stretch, is looking
The Clifford Co. sold a 22,102-square-foot building at 8191 E. Kaiser Blvd. in Anaheim to Specialty Restaurants Corp. for $2.5 million. Louis Tomaselli and Mitch Zehner of Voit Commercial Brokerage's Anaheim Metro office represented Clifford Co., and CB R
The Orange County Register plans to cut single-copy sales in areas outside of Orange County.
California's newest attempt to fix its ongoing energy crisis already has drawn fire from federal regulators.
Newport Beach-based Forrest Binkley & Brown is finding its broad style of venture investing back in favor.
Chicago-based Equity Office Properties Trust has cleared an initial hurdle to develop 1.16 million square feet of high-rise office space in The City/The Block area of Orange.
Irvine circuit board maker Qualtech Backplane Inc. is nearly doubling the size of its operations in a consolidation of two facilities into one in Santa Ana.
Even $82.5 million in venture funding doesn't make you immune to an economic slowdown.
Even though many wouldn't put Los Angeles, Washington, D.C., New York and Orange County in the same category, wireless telecom service providers do.
High-profile scandals are keeping Costa Mesa-based media consultant Michelle Jordan busy. The British-born Jordan is the spokeswoman for Karin Stanford, the former Rainbow/Push Coalition official who is taking the Rev. Jesse Jackson to court over child su
Glenn M. Gelman & Associates, Santa Ana, appointed Lorie Still marketing director. Still was the manager of marketing communications for GoShip before joining the company.
Newport Beach businessman Webb Morrow figures he's swapped real estate properties roughly 25 times in the past two decades,tax free.
Santa Ana computer training school New Horizons Worldwide Inc. plans to move into larger quarters in Anaheim, where it is leasing the first two floors at Stadium Towers near Edison International Field.
Just when it seemed Orange County might be safe from further layoffs, there's rumbling more could be in the offing in coming months.
Longtime Irvine Spectrum resident Wonderware Corp. is moving its headquarters to the Allred Corporate Center in Lake Forest, real estate industry sources say.
Trammell Crow Co.'s Irvine office has gained a significant presence in the San Diego market by scoring the marketing of a 500,000-square-foot office portfolio in that region.
The finance arm of Fountain Valley-based Hyundai Motor America has closed a $600 million securitization of more than 45,000 U.S. automobile loans.
Chapman University has named Sandra Estok director of development for its School of Film and Television.
- American Retirement Crisis: Ways to Help Avoid It (Salomon Smith Barney) Laguna Hills Noon Free (949) 206-5026
TELECOMMUNICATIONS UPDATE---Service providers are feeling a squeeze, but OC is still a big market for wireless firms
As Service Providers Dig In and Wait for Revenue, Jobs Have Been Spared So Far
--The Los Angeles School Board endorsed a decision to expel a sixth-grade boy from his middle school for writing an essay which contained violent gunplay. His parents say they are absolutely shocked. They had no idea he could write.
Federal antitrust regulators declined to oppose AmeriSource Health Corp.'s $3.2 billion acquisition of Orange-based Bergen Brunswig Corp. and the deal was approved by shareholders of both firms, creating Valley Forge, Pa.-based AmerisourceBergen Corp., wh
California Linear Devices, a Carlsbad-based designer of a new type of motor for industrial operations, has raised about $10.5 million in its first round of funding.
Bristol Park Medical Group has moved 170 administrative workers into a Santa Ana office building vacated by Caltrans.
Broadcom Corp. still has an appetite for acquisitions, but it has taken to nibbling off the hors d'oeuvres tray while digesting last year's smorgasbord.