OCBJ WEEKLY EDITION

Mike Trout: Anaheim’s Platinum Draw

Baseball Slugger Leads Off 2019 OC 50 LineupTwenty-seven-year-old Mike Trout has made the Big Leagues.

A System for Growth

How Rosemarie Smith Turned Rented Cubicle Into $200M Co.

It’s a good time to be a self-described “furniture geek,” thanks to the proliferation over the past few years of creative office workplaces that have transformed the way companies and their employees use their office spaces, and the furniture that goes in them.

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Jochim Turned Great Park Development Dreams Into Reality

FivePoint Co-COO Helped Bring Irvine Site to Life

In 2009, Lynn Jochim was among the first employees at an upstart real estate land development firm that started in the teeth of the Great Recession, one with a tenuous hold on Orange County’s largest and most coveted new development sites in years, the former El Toro Marine base in Irvine.

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Brooke Brings Augmented Reality to Warrior Class

Smart Glasses, Training Systems

On Sept. 11, 2001, Marlo Brooke woke up to a panicked phone call from her mother, who thought she was flying to Washington, D.C. that morning.

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Walker Speaks of Tenacity, Duty to Serve

Great Park Cancer Center In Irvine Moves Ahead

Annette Walker is already one of Orange County’s most prominent business executives, with more than 30 years in the healthcare industry, including a top role at one of the area’s top healthcare systems.

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Bioniz Founder Wins Big Name Converts

Nazli Azimi knows one thing for sure—if she had stayed in her native Iran and not come to the U.S., she wouldn’t be developing drugs to battle cancer.

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Orange County's Top Off-Market Sales of the Year

A Cool, Quiet $250 Million

Want a first look at the area’s most prestigious and expensive waterfront homes in some of the most exclusive neighborhoods?

Couple’s TruthMD Outs Bad Doctors

When the Food and Drug Administration approved an artificial spine disk in 2004, it didn’t make sense to Chuck Rosen.

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Duran’s United Capital Finds $750M Buyer

Joe Duran earlier this year mused that it would be great if someone paid a lot of money for United Capital Financial Partners Inc. and let him continue managing it.

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Ophthalmic Distributor Prides Trust, Service, Tenure

Flexibility, Experience Meet Eye Care Industry Change

A stroll through the Irvine Spectrum-area offices of Ophthalmic Instruments Inc. is a history lesson in more ways than one.

OC LEADER BOARD

Why a Nursing Catastrophe is Looming

California is on the verge of a healthcare crisis.

Kia’s Fresh Ad Look: From Rodents to Lizards

Chameleon Gets Star Turn in Soul Spots

Kia Motors America is ditching the hamsters that starred in several years’ worth of commercials for the Irvine-based carmaker, and has signed a different animal to promote its new family of Soul vehicles.

Locker Board Founder, Family, Firm Grind On

Kropfls Swim Upstream In Post ‘Shark Tank’ World

If the Kropfl family was on TV—again—they could call it “The Real Struggles of an OC Family Startup.”

Gallegos Spotlights Storytellers

Kim Jung Gi Work Highlighted

Huntington Beach-based agency Gallegos United and its sister production agency, Luna United, tapped South Korean artist Kim Jung Gi for its latest work for client Xfinity, Comcast’s video and high-speed internet provider.

Beleaf Seeks $2M for Cannabis App

Yelp-Like Site For Medical Marijuana

Irvine-based Beleaf, which has raised $2.5 million to develop a mobile application for the cannabis industry, is seeking another $2 million for marketing and product launch.

B. Braun’s Big Plans

Upgrades in Store For Irvine Ops

Germany’s B. Braun Group of Cos., Orange County’s second-largest foreign-owned company with nearly 1,700 local employees, is planning extensive renovations to its Irvine facilities as part of a $1 billion investment in new and enhanced IV therapy manufacturing facilities it has across the U.S.

OC Builders: 2019 Off to Solid Start

Local Contingent Seeing Pickup in Demand

Orange County homebuilders are on the rebound, in terms of sales if not stock price.

Savills Hires

Roach Joins Tenant Rep Firm From Hughes Marino

About a month after dropping the “Studley” from its name, Savills has brought on a new executive to its Newport Beach office.

CdM Oceanfront Home Lists for $23.9M

Van Tuyls Linked To Other Homes in Area

A five-story Corona del Mar home with ties to billionaire Larry Van Tuyl and his wife, Patricia, is back on the market with an asking price of $23.9 million.

$10.9M in Laguna Niguel

5 Beds, 6 Baths On Inland Site

Sitting on nearly 2 acres, the manicured grounds of a mansion on Searidge in Laguna Niguel is asking $10.9 million.

New Marketing, Media Firm Geared for Gamers

Esportz Network Will Focus on Gaming News

Orange County’s esports hub has another player.

TCL Brings Alcatel Smartphones to Verizon

$100 Phones for Sale

TCL Communication Technology Holdings Ltd., which has U.S. headquarters in Irvine, has inked its first deal with Verizon Wireless to distribute its Alcatel brand of smartphones.

OCBJ Calendar

May 20-29, 2019

This week's business and other event listings.

UCI Business School Dean Stepping Down

Spangenberg Replacement Search to Begin Soon

The University of California-Irvine’s Paul Merage School of Business is on the hunt for a new dean.

Real Estate Deals

Sales and leases of offices, industrial buildings, retail space and apartments

Kcat Investments LLC purchased an apartment building from Frantz H & M Trust for $1.1 million, or $280,000 per unit.

OC INSIDER

A Commanding Presence

Former Defense Secretary Jim Mattis no doubt can command the troops. The Marine general also has a good command of the business community.

Evolus Brings ‘Newtox’ to Market, With Fanfare

MARKETING: Apps, messaging, Cancún trips

Forget the frown lines, it was all smiles last week inside the Newport Center headquarters of Botox rival maker Evolus Inc. (Nasdaq: EOLS).

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Bolar Hirsch Being Acquired

ACCOUNTING: First OC office for Armanino

Irvine-based Bolar Hirsch & Jennings LLP, Orange County’s 14th-largest accounting firm by local employee count, is being acquired by a San Ramon-based competitor that’s been on a growth push in Southern California of late.

Binji Launches ‘Branchless Bank’

Pairs Mobile App With Digital Mastercard

Irvine-based fintech Binji last week introduced a mobile app paired with a digital display Mastercard.

OCTANe Holds TIF Event

Irvine’s CellOnyx, VolunteerCrowd Present

Aliso Viejo-based life sciences and technology company accelerator OCTANe held its 2019 Technology Innovation Forum at the Newport Beach Marriott Hotel & Spa last week, with a focus on the evolution of data and technology.

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Job Declines Continue for Apparel Companies

Staffing Down Nearly 50% Since 2000

Local employment was down for the third consecutive year among Orange County’s largest apparel companies.

More Change for 1 Enterprise

Aliso Viejo’s 1 Enterprise office, the future headquarters of Ambry Genetics, has been a good investment for the handful of real estate firms that have owned it over the years. Its current owner is now shopping the building for nearly $500 per square foot, sources tell the Business Journal.

Ensign to Spin Off Senior Housing, Hospice Unit

HEALTHCARE: Existing co. focus on skilled nursing

Mission Viejo’s the Ensign Group Inc. (Nasdaq: ENSG) is at the spinoff game again.

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William Lyon Homes Considers Buyout, Again

William Lyon Homes (NYSE: WLH) is exploring the option of going private for the second time since 2006, a process that could result in a strategic partner or outright buyer as a remedy to a stock price that company executives say is well below where it should be.

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A Business Going Up

Mitsubishi Electric Sees US Expansion

It’s easy to confuse Mitsubishi Electric US Inc. with Mitsubishi Motors North America Inc.

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OC Staves Off Winter Economic Blues

Famous quotes from the fantasy fave “Game of Thrones” bookended the 2019 Spring Economic Forecast of California State University-Fullerton’s Mihaylo College of Business and Economics.

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TechSpace, OC’s Original Coworking Landlord, Sold

Part of National Growth Push by Industrious

Orange County’s rapidly expanding coworking scene has seen a big shake-up, with the longest-running area provider of flexible workspace, TechSpace Inc., acquired by a New York competitor with big national growth plans.

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Placentia’s Transit Development Dreams Take Shape

$150 Million, 418-Unit Project Breaks Ground 2021

The city of Placentia has been looking to Anaheim’s Platinum Triangle for ideas on mixed-use development near large transit hubs the past few years.

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