OCVibe Aims to be 365-Day-a-Year Destination
Ducks owners Henry and Susan Samueli had no set strategy when they started to acquire pieces of land surrounding the Honda Center 10 years ago. Their aim was to keep the properties in good taste when visitors attended Anaheim Ducks games, according to OCVibe Chief Executive Bill Foltz. The Samuelis Read More
Orange Tower Bought for Low Price of $18.5M
A 19-floor office building adjacent to The Outlets at Orange sold for a deep discount, trading for a paltry $51.51 per square feet. Newport Beach-based Surlamer Investments, owned by Fariborz Maseeh, bought City Plaza for $18.5 million, according to Orange County records. The sale price, on a per square foot Read More
Anaheim Anytime
ABOUT ANAHEIM — Anaheim is a full-service city supporting more than 340,000 residents, 20,000 businesses and 25 million annual visitors. The city provides public safety through the Anaheim Police Department and Anaheim Fire & Rescue, water and power service through Anaheim Public Utilities, parks, community centers, family services and libraries Read More
OC Insider: Electric Slide
Has Orange County turned on Elon Musk? Recent data from the OC Automobile Dealers Association (OCADA) suggest the recent behavior by the Tesla (Nasdaq: TSLA) owner and CEO is having a negative effect on sales in a region that’s long been one of the EV maker’s best domestic markets. May Read More
Mach Industries Pushes Development with $100 Million Infusion
Mach Industries, a two-year-old defense startup founded by a then 19-year-old college dropout, has added $100 million to its funding in the race to upgrade airborne warfighting. Mach will use the Series B financing to expand its unmanned military aircraft production and build advanced jet propulsion systems. Mach, which began Read More
Wire Theft and Vandalism
ABOUT ANAHEIM — Anaheim is a full-service city supporting more than 340,000 residents, 20,000 businesses and 25 million annual visitors. The city provides public safety through the Anaheim Police Department and Anaheim Fire & Rescue, water and power service through Anaheim Public Utilities, parks, community centers, family services and libraries Read More
Google, CTC Global Work on Electric Grid Improvements
IRVINE — CTC Global in Irvine and tech giant Google are teaming up to improve the U.S. electric grid as data centers increase the power demand. The two companies said June 17 that CTC’s high-capacity, U.S.-manufactured, composite-core conductors can “boost grid capacity and reliability” at high speed. Google said the Read More
BKM Capital Starts $1.5B JV with Kayne Anderson
BKM Capital Partners, a local real estate fund manager and operator, entered a $1.5 billion joint venture partnership with Los Angeles-based Kayne Anderson Real Estate last month. The joint venture will specialize in light industrial real estate, specifically targeting small- and mid-bay properties. Both companies, in a statement, said light Read More
Institutes of Health Opens Local Clinic to Treat PTSD
More first responders die from suicide because of post-traumatic stress disorder (PTSD) than physical injuries while on the line of duty, according to the Institutes of Health. Dr. Tomer Anbar, founder and chief executive of the San Diego-based clinical group, described this trend as a “silent epidemic.” “Most individuals with Read More