Workspace needs can shift unexpectedly for ambitious entrepreneurs and high-growth small businesses.
Property owners across the nation are considering how coworking tenants fit within their assets and overall portfolio.
Premier Workspaces Retains Top Spot, for Now
WeWork’s recently filed plans for an initial public offering—one that values the company at nearly $47 billion—has all eyes on coworking; but the spotlight on the shared space office sector has been on—and getting brighter—for years.
Four new coworking operators opened in Orange County this year, bringing the total company count represented on the second edition of the Business Journal’s shared space providers list to 28.
As it turns out, garages are no longer the standard office set up for startups.
Premier Workspaces CEO Sees Consolidation, Operators Failing
Premier Workspaces once again ranks No. 1 among shared space providers in Orange County, with nearly half a million square feet of office space at various area locations.
HEALTHCARE: Fourth attempted sale since ’14
Allergan PLC’s presence in Orange County is again under the microscope as the longtime local drugmaker, which keeps significant but shrinking operations in Irvine, is set to be bought by fellow big pharma firm AbbVie Inc. in Chicago.
Cigna Boss Side Hustle: Crooner
It can’t be accidental Gene Rapisardi’s last name sounds so much like “rhapsody” or, for that matter, that Cigna Corp.’s logo is so very blue.
2.3 Million Enrollees Combineda
Health maintenance and preferred provider organizations for medical care—HMOs and PPOs—show an uncanny membership stability year-over-year.
Some Show Good-Sized Gains
It could be said Orange County cares about the face.
DevicePharm Creativity Anchors New Firm AI
A national merger in the works for several months is ready for its close-up, including a prominent role for one of Orange County’s better-known medical device marketers.
ECONOMY: 46 with $500M+; 25 Billionaires
Have you heard that it’s a tough time for the richest of the rich?
THE MONEY: The country’s wealthiest real estate owner. Heads Orange County’s dominant real estate company, with one of the largest portfolios of apartments and offices in California, among other notable holdings.
How WATG Draws Its Own Space
Dentists get cavities, developers buy houses; how do designers execute on their own plans—and spend their money?
Designing Couple on Restaurants, $23M Westin Long Beach Redraw
Conventional wisdom says “look before you leap.”