Mark Mueller covers commercial and residential real estate for the Orange County Business Journal. His beat also includes title insurers and mortgage lenders, as well as government stories that relate to real estate. He can be reached at firstname.lastname@example.org.
Phone: 949-833-8373 Extension: 226
REAL ESTATE: Cypress site runs 22 acres, nearly 400K SF
The sprawling Cypress campus of Mitsubishi Motors North America Inc. has been sold to an Irvine developer, as part of the automaker’s relocation to Tennessee.
SPORTS: Raj family home hosts ceremony
Often lost in the local and national debate over who’s the best basketball player ever, an argument between current Laker LeBron James and Michael Jordan, one hoops legend with a more impressive résumé is often overlooked.
This week’s edition features the NBA’s Bill Russell and World Cup soccer star/entrepreneur Eddie Lewis on the front, and avid sailor/private equity exec Jim Madden on this page.
RETAIL: $150M invested by Mobilitie founder
Gary Jabara, one of Orange County’s top telecom executives, has bought a pair of prominent retail-focused properties along Coast Highway in Laguna Beach and Huntington Beach as part of a nearly $150 million push into commercial real estate over the past month.
REAL ESTATE: $113M tops for year in OC
The developers of Costa Mesa’s Baker Block apartment complex aimed to distinguish their 240-unit project from other multifamily projects through their use of art.
It’s been a busy month for Horatio Alger Award winners in Newport Beach.
HOMEBUILDERS: Combined company fifth-largest in US
Next year will mark the end of an era for William Lyon Homes, one of Orange County’s iconic homebuilders.
REAL ESTATE: 4-building campus could see development
The four-building Von Karman Towers office complex near John Wayne Airport has a unified ownership structure for the first time, after the newest and most prominent building at the campus, the 2211 Michelson tower, traded hands for close to $116 million.
Cal Ripken of Innovation
“You have to get used to failure,” Edwards Lifesciences CEO Mike Mussallem said last week at OCTANe’s Medical Technology Innovation Forum in Newport Beach, during a keynote address where he extolled the need for medtech executives and others to take chances, and spend the money in R&D to find the next breakthroughs.
Hearts, Minds and HQs
Robert Braithwaite’s been busy of late: check our front-page story on the new wellness push at Hoag Health Center Foothill Ranch, as well as this page’s story on the first Be Well OC location in Orange, where Hoag and other area hospitals are involved.