REAL ESTATE: Beckman Center nearing full occupancy
Prologis Inc., the country’s largest owner of warehouse and distribution properties, has leased two of the three large, newly built buildings it owns at Beckman Business Center, with those deals topping half a million square feet of space.
REAL ESTATE: 270K-SF project along Barranca
Add plans for a sizeable new creative office project to Irvine’s busy development docket.
Software as a Service Priority for Vehicle Tracker
CalAmp Corp. Chief Executive Michael Burdiek says he’s found just the right person to help lead the vehicle-tracking and management company further from hardware and more into the software realm with the appointment of Silicon Valley veteran Arym Diamond as chief revenue officer.
UCI Heads to Desert For First-Hand Look
Irvine-based Sunpin Solar is looking toward some major projects for the future, and recently gave a desert project tour to a group of University of California-Irvine professors and graduate students.
LAB Holding, at nearly 30, remains the purveyor of craft retail
Shaheen Sadeghi, in development
FINANCE: Boston PE firm makes investment
Eusey lands Abry; now to growth
LAW: Frazier says intention keys future
Mark Frazier means it
HEALTHCARE: Hints at new venture in works
Next act coming for eyecare exec
TECHNOLOGY: Events canceled, earnings lowered
COVID-19 hammers guidance, conferences
Orrick, McCune, Crowell, Troutman, K&L Ramp It
Several law firms with OC presences are growing their area operations noticeably—by different metrics and in varied ways.
Legal Trends, Law Firm Changes
Editor’s Note: The Business Journal asked OC attorneys across various business areas about key trends and issues, client needs, and what moves law firms are making in 2020. Individual edited responses keyed to those areas follow over several pages.
Firms Hold, Fold; 91 Bigs Have Some 2,800 OC JDs
The Business Journal’s list of Orange County’s largest law firms is like the first moments after a trial ends: there are winners and there are … opposing counsel.
Blue J Program Helps Analyze Outcomes
University of California-Irvine School of Law has begun to teach budding attorneys how artificial intelligence can help analyze outcomes of thorny tax cases.
Newport Beach Offices Part of Deal Activity
Buchanan Street Partners has had a busy start to the year, with transactions including the company’s first Orange County acquisition in six years.
2020 East Marketed As Owner-User Opportunity
Harbor Associates LLC, a Long Beach-based real estate investor that does much of its work in Orange County, is looking to sell one of its larger local properties.
Tech, Social Media Helps Firm, Others
Manzella Restaurant Group, now 20 years into doing business, is ready to turn the page on the next part of its story.
Irvine-based Stem Audio has created a line of new audio products for conference rooms.
Excellence in Entrepreneurship, Women in Business Being Rescheduled
The Business Journal is postponing its next two signature events, following new recommendations from California public health officials to limit large public gatherings.
New Irvine Office Runs 4,500 SF
NowRX raised over $10 million last month from small investors using SeedInvest to help with its expansion in Southern California, including its Irvine office.
Clot-Retrieval Device Moves to Trials
Irvine-based NeuroVasc Technologies Inc. raised $34 million from China-based Wego Group to support the company’s global clinical trial program for ischemic stroke.
TECHNOLOGY: Space, hyper-fast planes in the offing?
The other 5G; VTOL
Partners with PredaSAR; Aims for 2021 Launch
Tyvak Nano-Satellite Systems of Irvine is building two advanced radar satellites able to see through clouds and darkness.
OrCam Read Aimed At Dyslexia, Reading Difficulties
OrCam Read, a hand-held device that translates texts into voice for people with dyslexia as well as reading difficulties and fatigue, launched at the CSUN Assistive Technology Conference in Anaheim last week.
1st Home for Sale in 5 Years; Asking $10M
One of only eight homes on the Balboa Island community of Collins Island in Newport Beach has hit the market.
$60M For Top 3 Homes
Brokers have pointed to a resurgence in activity for luxury homes in 2020, and that’s evidenced by the top three home sales to trade thus far this year.
Palmer Luckey’s apparent interest in VTOL technology wouldn’t make his Anduril Industries Inc. the first in Orange County to tackle vertical take-off and landing technologies and applications.
Cumulative Volume Falls 7%; Buyers Demand New Product
Down 7%, still tops $465M
DEVICES: Battling opioids; coronavirus may boost sales
Opioids, coronavirus open new areas
TOURISM: No. 2 ACC event on hold; stock hits
Coronavirus vs. tourism
FINANCE: Reaffirms $1B goal, expansion plans
Funding from Fidelity, T. Rowe Price, Durable Capital
Nervous Buyers, Overly Optimistic Sellers
A cautious buyer pool contributed to a drop-off in commercial real estate sales activity in Orange County last year.
Full-Building Office, Industrial Leases Increasingly Common
The motto for companies looking for space in Orange County last year?
REAL ESTATE: Blackstone affiliate buys six OC sites
ShopCore Properties, a retail arm of private equity giant Blackstone Group Inc. that owns and operates small and midsized shopping centers, has bought a collection of six retail properties across Orange County, in deals that collectively approach $300 million.