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.
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.
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.
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.
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.
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.
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.
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.
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).
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.
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.
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.
A Business Going Up
Mitsubishi Electric Sees US Expansion
It’s easy to confuse Mitsubishi Electric US Inc. with Mitsubishi Motors North America Inc.
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.
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.
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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