Latest stories

SchoolsFirst Gets OK for New Tustin HQ

Land Sale Complete; Will Hold 750 Workers

SchoolsFirst Federal Credit Union, the largest credit union in California, has been given the go-ahead to build a new corporate headquarters facility in Tustin, and expects a big hiring push as a result.

Bixby Land Buys Outside State

857,000 SF of Industrial In Georgia, Texas

Newport Beach-based Bixby Land Co. is bulking up its industrial portfolio outside of California.

KBS Plans Second Singapore Listing

3.4M SF of US Offices Back REIT

Newport Beach-based KBS Realty Partners expects to place an 11-property collection of offices into a new real estate investment trust whose shares will be traded on Singapore’s stock exchange.

Prentiss Foundation Funds $1 Million for Psych Study

UCI 5-Year Research To Examine Lithium Use

The Elisabeth Severance Prentiss Foundation has donated $1 million to University of California-Irvine for a specific salivary lithium study in psychiatry.

UCI Child Neurologist Given $15 Million Grant

Studying How Parental Signals Affect Infants Later in Life

The National Institute of Mental Health has granted a $15 million Silvio Conte Center Grant to Dr. Tallie Baram, a professor of pediatrics, neurology, and anatomy and neurobiology at the University of California-Irvine, for her research in early childhood psychiatric screening.

KushCo Seeks Nasdaq Listing

Reports Q3 Revenue More Than Triples to $41.5 Million

Cannabis paraphernalia supplier KushCo Holdings Inc., which supplies the containers, hardware, mouthpieces, bottles and cartridges used by companies in the marijuana business, is aiming to be on the big exchanges.

Game’s Not Over for Blizzard-Uniqlo Partnership

WoW, Overwatch Shirts for Sale

Irvine-based video game giant Blizzard Entertainment Inc. is heading back to the retail aisles with a familiar partner.

Water and Loan Work for Blue C

Long Beach Site Tapped for Smartwater

Blue C Advertising in Costa Mesa has been keeping busy in varied ways—helping more than 550 people stay hydrated, while also refreshing the look of a 20-year-old software company.

OC United Way Taps Cloud For Corporate Efforts

Links Employees To Volunteer Opportunities

Orange County United Way is tapping into the cloud to help corporations promote philanthropic efforts among its employees.

OCTANe Accelerates Its Own Startup

OES Connects Companies With Capital Sources

Aliso Viejo-based OCTANe, best known for its role as a business accelerator for area technology and life science companies, has laid the groundwork for a new company—OCTANe Enterprise Solutions.

Beta Bionics Raises $63M

Series B Brings Total Funds to $137M

Beta Bionics, a medical device startup with substantial operations in Irvine that is looking to develop the world’s first autonomous bionic pancreas for those suffering from diabetes-related issues, closed its $63 million Series B round of funding.

OCBJ Calendar

July 22-31 2019; Aug. 15, 2019

This week's business and other event listings.

Real Estate Deals

Sales of offices, industrial buildings, retail space and apartments

PKPG Investment Holdings LLC purchased a warehouse building from Scott I. Ravenhorst Commercial Property Trust for $2.6 million, or $214 per square foot.

OC LEADER BOARD

How We Built Pick Up Stix

Editor’s Note: 64-year-old Charlie Zhang and his wife, Ling, founded Pick Up Stix, which grew to a chain of 85 restaurants by the time it was sold in 2001 to TGI Friday’s.

Remediation Firm Adds Execs

American Technologies Inc. in Anaheim named several new executives.

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Iteris Gets $3M

Santa Ana-based Iteris Inc. (Nasdaq: ITI) received $2.95 million, part of a five-year, $19.5 million contract to help build “intelligent transportation systems” for the Federal Highway Administration.

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Overwatch League Expands Travel Plans

Blizzard Entertainment’s eSports league, based on its Overwatch franchise, will expand its travel schedule next year, its third season, to include two weekends of homebased gaming competitions each of its 20 teams in six countries.

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NB Marriott Sells for $78M

Newport Beach Bayview Marriott was sold for $78 million, or about $307,000 per key for the 254-room property.

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OC Unemployment Rate Rises to 3%

Orange County’s unadjusted jobless rate rose to 3% in June, up from a revised 2.4% in May and below the year-ago estimate of 3.2%, according to the state Employment Development Department.

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Midday Stock Roundup

The S&P 500 was up 0.1% in midday trading to 2,997.27.

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