OCBJ WEBSITE DAILY STORIES

BPM’s COO a Vet In Accounting Growth

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.

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Blizzard Fanfest Goes Online in February

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.

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Mobix Labs Gets $12.5M In Funding for 5G Chips

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.

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Avid Bioservices Nabs New COVID Contract

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.

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$90M Condo Project Starts in Newport Beach

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.

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Alliance Residential Opens 403-Unit Complex in Santa Ana

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.

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STARTUPS & INNOVATIONS

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.

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Sprawling Dana Point Estate Starts Work

$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.

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Avanath Buys Local, With Irvine Church’s Help

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.

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JEFF MOORE

2019 OC 500

Senior Managing Director, CBRE Group

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Change in Design

Carol Dobbs Expands Boutique Offerings, and Community Dialogue

Carol Dobbs sews, paints, tie dyes, and runs the specialty boutique C Dobbs in Newport Beach

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Charitable Giving Aimed At Greatest Needs in 2020

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

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Anduril Goes Big With Costa Mesa HQ

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

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OCBJ INSIDER

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

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Irvine’s Hall & Co. Joins MGO

ACCOUNTING: Follows trend of OC firms

Hall & Co., an Irvine-based accounting firm, has joined Los Angeles-based MGO LLP

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Cal State Fullerton Closing Irvine Site

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

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Paradise Group Expands Into the US

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

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OC Tech, Life Sciences Investments Strong in ’20

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.

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Skyworks Solutions Soars on Latest Earnings

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.

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OC New Hotel Rooms Double in 2020

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.

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STARTUPS & INNOVATIONS

UCI Beall Applied Innovation recently announced its second cohort for its Faculty Innovation Fellows, bringing its total number of fellows to 35.

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High-Stakes CEO

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

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Georgia’s Restaurant Brings Southern Hospitality to OC

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

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Banner Year for OC’s Upstart Chipmakers

TECHNOLOGY: Funding, new launches, stealth cos.

The future’s now for Orange County’s next generation of chipmakers and semiconductor companies

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OCBJ INSIDER

New Homes

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

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