January 15, 1986 |
The Birtcher Development Company has entered into a joint venture with Xerox Corp. to build a one-million square foot business complex at 1750 East Fourth St. in Santa Ana. Purchase price of the 10.6-acre site, previously owned and occupied by Allstate Insurance Co., was $12.25 million, according to Rick Oakes, director of commercial and industrial development for Birtcher.
October 4, 1991 |
Orange County's newest office tower will probably be the area's last for at least two years. Plaza Tower--a plush, 21-story high-rise built by a joint venture partnership of International Business Machines Corp. and an affiliate of Orange County developer C.J. Segerstrom & Sons--opened last month in Costa Mesa. And the new kid on the block may maintain that status well into 1993. "There will be a hiatus," said Scott Perley, branch manager of Cushman & Wakefield brokerage in Irvine.
July 4, 2012
Re "Who lost Stockton?," Editorial, June 28 The Times gets it mostly correct, stating that running a city "requires skill, experience and a sense of duty. " Its assertion that this "involves the very business-like practice of taking risks with other people's money" is off the mark, however. The comment also applies to state and federal governments. Ever optimists, we assume that the requisite skills and experience are present to address the issues when, in fact, such an expectation is not realistic.
November 10, 1987 |
Amid warnings that high housing prices and snarled freeways are driving off some manufacturing companies, demand for factory space in Orange County grew more than 15% in the first nine months of the year. But that wasn't enough to whittle down a vacancy rate of 14%--or 21 million square feet of empty space--in the third quarter, according to a recent survey by real estate firm Coldwell Banker. In contrast, the national vacancy rate for industrial space was a much lower 5.
July 10, 2009
Re "Obama's strategic blind spot," Opinion, July 6 Andrew J. Bacevich paints a relatively clear picture of his wish for a U.S. foreign policy strategy, but he cannot resist revealing a common bias. His barbs directed at George W. Bush and his administration are not relevant to his point. Unfortunately, too, he fails to state what the goal of the strategy is, making it difficult to evaluate the likelihood of success or failure. Taken literally, his commentary would suggest that the only goal is a strategy.
July 16, 1988 |
Japan's largest consumer credit company has purchased an 18-acre parcel of undeveloped land across from MainPlace/Santa Ana for $23.5 million, a representative of the Japanese firm said Friday. Orient Finance Co., which has more than $29 billion in total assets, paid slightly more than $1.3 million an acre to acquire the site from the Hurwitz family. According to area real estate observers, the price appears to have set a local record for land sold without approvals for development.