2020 Return After 5-Year Race Gap
Asics North America is going the distance.
1 of 6 Resource Centers in US
University of California-Irvine will establish a skin biology resource center after receiving nearly $4 million from the National Institutes of Health.
A new coworking space and business accelerator for women entrepreneurs will open in Irvine this month. Hera Hub has leased 6,000 square feet at 16480 Bake Parkway, near the Spectrum Center mall.
Former Hospital Site To Get Townhomes, Flats
Trumark Homes is moving ahead on an 82-unit housing project along Central Avenue in Brea.
N.C.-based ApexSQL Counts 80 Employees
Aliso Viejo-based Quest Software Inc. has boosted its global database services with its first reported acquisition of the year.
1.25-Acre Compound Asking Nearly $18M
The seaside Laguna Beach home of screenwriter, director and producer Ryan Murphy is back on the market with an asking price of $17.75 million, just shy of the $18 million asking price when it listed last year.
May 6-15, 2019
Wednesday, May 8 • Women in Business Awards (Orange County Business Journal), Irvine, noon, $175, (949) 833-8373, ocbj.com/bizevents
Sales and leases of offices, industrial buildings, retail space and apartments
State College Properties LLC purchased a medical building from Edwin Brachman for $2.2 million, or $255 per square foot.
The 7 Pivotal Events Of Warrior CEO Milan Panic
Milan Panic, a Serbian immigrant who fled communism in the 1950s, is a key pioneer in Orange County’s pharmaceutical industry.
WHY: In 17th season as Los Angeles Angels owner; also owns its flagship radio station KLAA 830 AM.
WHY: Owns Anaheim Ducks Hockey Club LLC and company that runs Honda Center. One of OC’s biggest philanthropists, funding huge medical campus expansion at University of California-Irvine. Henry is chief technical officer of Broadcom, world’s fourth-largest chipmaker with revenues of $20.8 billion in fiscal 2018.
WHY: Brought National Football League back to OC after 22 years when Rams left in 1995 for St. Louis. Headquartered team’s training, business operations at The Hive in Costa Mesa. Forbes valued franchise at $2.2 billion last year, large jump since move from San Diego.
WHY: Major League Baseball dealmaker. Most powerful sports agent in a region that counts plenty of them, with the likes of Leigh Steinberg, Bruce and Ryan Tollner’s Rep1 Sports, David Dunn’s Athletes First and others based here.
WHY: In March, signed biggest contract in history of North American sports—$426.5 million over 12 years.
WHY: Head of Hoag’s entire healthcare network, including two hospitals and Hoag Orthopedic Institute, about 600 beds.
WHY: Helms Oakland-based nonprofit health enterprise with hospitals in Anaheim, Irvine, medical offices around the county that serves nearly 600,000 members. Employs close to 8,000 part- and full-time workers in Orange County.
WHY: Healthcare leader tapped to build City of Hope, Orange County, a 21st-century approach to treating and curing cancer. Cost estimated at $200 million.
WHY: In 1995, founded firm that owns, operates and manages nearly 5 million square feet of existing retail development that includes 15 centers in eight states across the U.S., including Outlets at San Clemente and Outlets at Barstow. Many other business interests. Is also chairman of OC political group, New Majority.
WHY: Visionary real estate-developer of retail and event centers, such as Anaheim Packing House food hall, Center Street in Anaheim, Make Anaheim, LAB Anti-Mall, The Camp in Costa Mesa and Casino San Clemente.
WHY: Stakeholders in family business propelled by the late Henry Segerstrom, known for developing South Coast Plaza in Costa Mesa, city’s business district, namesake arts center. Anton one of Henry’s three children from first wife, Yvonne de Chaviney Perry. Elizabeth is Henry’s widow. Sandy is daughter of Henry’s first cousin, Harold and wife, Jeanette, who shared management of family firm C.J. Segerstrom & Sons.
WHY: County’s dominant landowner, landlord, with estimated 122 million total square feet in companywide portfolio, including more than 550 office buildings, over 40 retail centers, 125 apartment communities, three golf clubs, five marinas, and three hotels and resorts. Irvine Ranch among country’s most successful and most copied master-planned communities. Sole shareholder of company. Wealthiest U.S. real estate developer. Business Journal conservatively estimates fortune at more than $17 billion.
WHY: In charge of developing homes, commercial space at Great Park Neighborhoods at former El Toro Marine base in Irvine.
WHY: Heads development, leasing arm of Moiso, O’Neill, and Avery families; real estate development, leasing, cattle, agricultural operations; OC’s No. 2 landowner after Donald Bren (see separate entry, this page).
WHY: Former Nissan executive recently tapped to oversee Hyundai’s Americas operations, as well as global chief operating officer.
WHY: First female president for luxury British automaker, responsible for marketing, sales and service in the U.S., Mexico, Canada and South America.
WHY: Heads one of the few car companies making vehicles in California at a 556,000-square-foot production hub in Moreno Valley, expansive headquarters in Irvine Spectrum.
WHY: In 2005, began United Capital, which now has $23 billion in assets under management and third party companies that have contracted with his software unit have approximately $23 billion in assets. Barron’s ranked his firm No. 2 on its list of top registered investors advisers in U.S.
WHY: Top economic adviser to Allianz, one of world’s largest financial services group, parent of PIMCO, where he served as chief executive and co-chief investment officer alongside legendary bond investor Bill Gross. Chair of Investment Advisory Committee at Microsoft for past 12 years.
WHY: Ivascyn oversees 254 portfolio managers who handle $1.8 trillion in investments at one of the world’s largest money management firms, which is a unit of German insurer Allianz. Roman, who took reins in 2016, is expanding beyond bonds into alternative assets; in April filed to spin off mortgage REIT.
WHY: Chief executive of biggest private company in Orange County, one of the nation’s most prominent insurance firms (recall whales jumping out of water).
WHY: Runs chipmaker that’s OC’s third-largest public company, with recent $15 billion market cap. Provides Apple with mobile communications systems and radio frequency semiconductors.
WHY: Launched venture capital firm Toba in late 2012 with former Quest Software colleagues, now OC’s largest VC. Serial entrepreneur who sold Quest to Dell in 2012 for $2.8 billion, cashed out nearly $1 billion.
WHY: Co-leaders of top memory products maker for computers, consumer electronics. Run county’s biggest third-largest private company after PacLife, Golden State Foods. Revenue approaches $7 billion annually. Employs about 650 in OC, 3,000 worldwide. Plants in Fountain Valley, Taiwan, mainland China.
WHY: Analytics software maker in less than two years of being a public company has grown to market value of nearly $6 billion, seventh largest in OC.
WHY: TV titan battles Samsung for top U.S. market share, leader in 4K ultra-HD TVs. Top sound bar seller. Among top private OC-based companies. Moved Vizio into national spotlight with big endorsement deals, sports sponsorships. Expanded offerings into speakers, sound bars, tablets, home theater systems. Employs about 450, 200 of them at Spectrum headquarters.
WHY: Founded patient monitoring company in 1989 that last year reported net income of $193.5 million on sales of $858.3 million. Shares up six-fold in last five years and now has $6.9 billion market cap. Business- and politically savvy entrepreneur behind Patient Safety Movement, which involves sharing data as way to stop hospital-related patient deaths.