Through a joint venture, Real Estate Development Associates LLC (REDA) and Archer Property Partners have acquired a 78,000-square-foot office building in Newport Beach. The two companies revealed plans last month to convert a three-floor structure at 3300 Irvine Ave. into a medical outpatient building, or MOB. The announcement of the Read More
Irvine Company’s latest big local investment is taking place in Tustin, where it is buying a large chunk of land at a bargain price, compared to other area properties just over the city line. The developer recently reached a deal with the City of Tustin to buy a 19.4-acre land Read More
Guacamole lovers would likely think a long-running trade fight between the U.S. and Mexico could have a substantial impact on Chipotle Mexican Grill (NYSE: CMG) due to the Newport Beach restaurant chain’s reliance on avocados. About 90% of U.S. avocado imports come from Mexico. Think again. OC’s most valuable public Read More
The intriguing story behind who will take control of the 92-acre Ziggurat facility—one of the largest pieces of prime real estate in South County—took a strange turn last week. The winning bidders, Jeff Pintar of San Juan Capistrano-based Pintar Investment Co. and Cameron Hildreth of Signal Hill-based Hilco Development Services, Read More
Yet another Newport Beach building could be demolished for an apartment building. The city is considering turning a two-story Chase Bank at 1470 Jamboree Road into an eight-floor mixed-use project with 120 apartments and 11,600 square feet of ground-floor commercial space, according to public documents. The property, located across the Read More
Music to Our Ears The Philharmonic Society of Orange County celebrated the launch of its Vienna Philharmonic Orchestra residency with the Philharmonic Ball on March 9 at The Westin South Coast Plaza. The black-tie event raised $1.6 million to support the Society’s artistic programs and youth music education, including Strike Read More
A new small company that combines distribution of Asian foods with indoor home products made its public debut this month. Irvine-based Marwynn Holdings Inc. opened on the Nasdaq on March 13 at $4 per share under the ticker “MWYN,” raising $8 million in gross proceeds. Marwynn in January had anticipated Read More
The county’s fastest-growing publicly traded companies grew revenue by an average of 58% during a two-year span ending Dec. 31, 2024. Nineteen of Orange County’s 50 biggest publicly traded companies made the list, with a cutoff at a minimum 15% or more growth. The lists are broken into three categories: Read More
