SERVICES: Jackson tapped by BPM in ’20
Scharrell Jackson spent 20 years at Irvine’s Squar Milner LLP, rising to partner, chief financial officer and chief operating officer.
Company Buoyed By Better-Than-Expected Q4
Video game maker Blizzard Entertainment Inc. in Irvine is heading toward its BlizzConline fanfest this coming weekend while its parent company recently posted pandemic-driven earnings that far exceeded expectations.
Microsemi’s Peterson Named Chairman
Chip company Mobix Labs in Irvine has come out of stealth mode, saying this month it has raised $12.5 million in financing for a venture aimed at the growing 5G wireless market.
Humanigen Drug to Treat Severe Immune Responses
Avid Bioservices Inc. of Tustin scored its third contract manufacturing agreement for efforts to combat COVID-19, announcing a deal this month with Burlingame-based Humanigen Inc.
Parkhouse Residences Part Of $1.3B Development
Irvine-based Shopoff Realty Investments is preparing to break ground on the newest addition to its $1.3 billion Uptown Newport master-planned development.
Among Largest New OC Apartment Projects
Alliance Residential has taken the wraps off Broadstone Archive, the second of three planned multifamily projects to open at the Park & Paseo development in Santa Ana.
ThinkIQ, a supply chain software upstart, recently partnered with UST, one of OC’s largest tech services firms, on a software offering that provides visibility into the supply chain process from purchase order to delivery receipt.
$40M Project; Primior CEO Eyes HQ Move
A nearly 15-acre plot of land that’s long sat vacant in Dana Point is gearing up to become the site of a sprawling custom estate with a development cost reportedly topping $40 million.
REAL ESTATE: Garden Grove apartments; COR partnership
When Irvine’s Avanath Capital Management LLC was moving forward late last year on plans for an initial public offering for its real estate investment trust offshoot Aspire Real Estate Investors, Chief Executive Daryl Carter met with his share of Wall Street heavyweights.
Carol Dobbs Expands Boutique Offerings, and Community Dialogue
Carol Dobbs sews, paints, tie dyes, and runs the specialty boutique C Dobbs in Newport Beach
PHILANTHROPY: Largest 65 gifts top $204M
Orange County philanthropists met the COVID-19 pandemic with a surge in support for patients, caregivers and students in 2020
TECHNOLOGY: 640K-SF lease at The Press
Anduril Industries Inc., Palmer Luckey’s tech-focused defense company, has set another mark in its rapid ascent among Orange County businesses
Abundance of Investments
Irvine’s PE-backed firm Interior Logic Group will be sold to Blackstone for $1.6B; Stone Point Capital and Insight Partners will pay $6B for Irvine’s CoreLogic; Chicago ratings agency affirms AAA ratings for CMBS-loans backed by Irvine Co. office properties
ACCOUNTING: Follows trend of OC firms
Hall & Co., an Irvine-based accounting firm, has joined Los Angeles-based MGO LLP
EDUCATION: South OC presence since 1989
California State University, Fullerton will cease instruction at its South Orange County campus in the Irvine Spectrum this summer
RESTAURANTS: Base in Irvine, South Coast food hall
Din Tai Fung owned by Paradise Group Holdings Pte. Ltd. from Singapore is looking to go toe-to-toe with the popular Din Tai Fung restaurant chain for its U.S. expansion kicking off at South Coast Plaza
29% Funding Boost Over Prior Year
Orange County closed out last year with a healthy increase in tech and life sciences investments, according to data compiled by commercial real estate services company JLL (NYSE: JLL), which sees further local leadership in innovation.
Analysts Sees Reignited Stock for Chipmaker
Chipmaker Skyworks Solutions Inc. in Irvine is heading into 2021 bolstered by strong quarterly earnings, a further push into 5G wireless communications and continued strong sales to Apple Inc.
JW Marriott, Radisson Blu Largest in State to Open
Orange County hotel development bucked statewide trends last year, with 1,401 new hotel rooms opening in 2020, more than twice the amount seen in 2019.
UCI Beall Applied Innovation recently announced its second cohort for its Faculty Innovation Fellows, bringing its total number of fellows to 35.
Adam Pliska Oversees $78.3M Sale of WPT
Adam Pliska, longtime president and CEO of Irvine’s World Poker Tour, sells firm for $78.3M
RESTAURANTS: Adapts to COVID, eyes franchising
Founder of Georgia’s Restaurant Gretchen Shoemaker launched successful catering business built on family recipes before the Southern-style cuisine brick-and-mortar
TECHNOLOGY: Funding, new launches, stealth cos.
The future’s now for Orange County’s next generation of chipmakers and semiconductor companies
Irvine’s First Foundation Inc. moves holding company to Dallas; new H Mart to open in Irvine; local businessman Sir Torben Aaskov, Chapman U grad, knighted by Queen Margrethe II