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BUSINESS
September 8, 1989 | Mike Flagg, Times staff writer
Curtis R. Olson, a partner and half-owner of Newport Beach's Nexus USA Equities--one of the county's largest developers and real estate investors--has split from the firm to pursue "other personal and business interests." Scott T. Burnham, Olson's partner and owner of the other half of Nexus, is forming a new company, Burnham USA Equities. Burnham has essentially the same personnel as Nexus, minus Olson.
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BUSINESS
July 30, 1991 | MICHAEL FLAGG, TIMES STAFF WRITER
Two executives at SDC Development Co., a mid-size developer hit hard by the real estate slump, said Monday that they have acquired the company's real estate and other assets. James Watson and Joe Seitz, senior vice presidents, said the purchase includes millions of dollars worth of undeveloped land, shopping centers, industrial parks and office buildings in California, Nevada and Arizona. No price was disclosed.
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BUSINESS
July 30, 1991 | MICHAEL FLAGG, TIMES STAFF WRITER
Two executives at SDC Development Co., a mid-size developer hit hard by the real estate slump, said Monday that they have acquired the company's real estate and other assets. James Watson and Joe Seitz, senior vice presidents, said the purchase includes millions of dollars worth of undeveloped land, shopping centers, industrial parks and office buildings in California, Nevada and Arizona. No price was disclosed.
BUSINESS
March 8, 1991 | Michael Flagg Times Staff Writer
New Chip on the Block: SDC Development, Newport Beach, signed Frito-Lay Inc. to a five-year, $7-million lease for a 181,000-square-foot building at its 44-acre Inland Distribution Center in Fontana. The snack-food manufacturer will use the building as its new Los Angeles regional warehouse.
NEWS
February 15, 1989 | MARK LANDSBAUM and KEN YAMADA, Times Staff Writers
Cypress voters Tuesday overwhelmingly rejected a 167-acre business and recreational project proposed for one of the largest remaining open spaces in northwestern Orange County, culminating years of debate and legal wrangling over the site. With all precincts reporting, the special ballot measure was defeated almost 2 to 1. "We've got it. Absolutely," proclaimed Joyce Nicholson, a leader of the opposition as the vote count progressed.
BUSINESS
April 13, 1990 | Michael Flagg Times staff writer
SDC Development of Newport Beach has bought 31 acres in Ontario to build its $40-million Archibald Freeway Center. SDC had originally planned to build the complex of industrial buildings on a nearby 28-acre parcel at Vineyard Avenue and the Pomona Freeway, but it wound up selling that site for $12 million to Kaiser Permanente for a hospital. The new site is at the Pomona Freeway and Archibald Avenue. SDC plans to start building the complex early next year.
CALIFORNIA | LOCAL
February 16, 1989 | KENNETH T. YAMADA, Times Staff Writer
Officials of Hollywood Park Realty Enterprises Inc., the losers in Cypress' special election Tuesday, vowed Wednesday to pursue a $125-million lawsuit against the city, but the mayor pro tem said he hopes to come up with a compromise plan to avert that suit. Hollywood Park hopes to recoup legal fees spent and money lost from a proposed sale of its property around the Los Alamitos Race Course, company spokesman Donald M. Robins said.
BUSINESS
January 5, 1990
When Union Pacific Corp. put its massive landholdings up for sale, Koll Co. wasn't the only local developer that went shopping. (In the largest deal in its history, Koll bought a half-billion dollars worth of land and buildings from the railroad recently.) SDC Development, a much smaller neighbor of Koll's in Newport Beach, paid Union Pacific $16 million for an industrial park called Mira Loma Industrial Center in Riverside County.
SPORTS
May 14, 1989 | ROBERT LAWRENCE BALZER
WINES MADE FROM the Symphony grape strike no discordant notes. A wine grape named Symphony? Yes, it is an American wine varietal that was developed over a 42-year period at UC Davis' department of viticulture and enology. A hybrid of European vinifera, Grenache Gris and Muscat of Alexandria, the grape was developed under the guidance of Harold P. Olmo at UC Davis and was known as J5-58. It was named when a wine maker at a Wine Institute tasting for this varietal expressed amazement at the complexity of flavors and aromas, which he likened to the orchestration of a symphony.
BUSINESS
July 8, 1987 | MARY ANN GALANTE, Times Staff Writer
If SDC Development Co. gets its way, La Habra shoppers may soon have a new $45-million shopping center with no department stores. The Newport Beach-based developer confirmed Tuesday that it is negotiating to buy the majority interest of La Habra Fashion Square--the small, tired mall that SDC would like to transform into a neighborhood shopping center. "It's obvious somebody will have to do something to overhaul that center--it's obsolete," said Tod Ridgeway, a vice president with SDC.
BUSINESS
April 13, 1990 | Michael Flagg Times staff writer
SDC Development of Newport Beach has bought 31 acres in Ontario to build its $40-million Archibald Freeway Center. SDC had originally planned to build the complex of industrial buildings on a nearby 28-acre parcel at Vineyard Avenue and the Pomona Freeway, but it wound up selling that site for $12 million to Kaiser Permanente for a hospital. The new site is at the Pomona Freeway and Archibald Avenue. SDC plans to start building the complex early next year.
BUSINESS
January 5, 1990
When Union Pacific Corp. put its massive landholdings up for sale, Koll Co. wasn't the only local developer that went shopping. (In the largest deal in its history, Koll bought a half-billion dollars worth of land and buildings from the railroad recently.) SDC Development, a much smaller neighbor of Koll's in Newport Beach, paid Union Pacific $16 million for an industrial park called Mira Loma Industrial Center in Riverside County.
SPORTS
May 14, 1989 | ROBERT LAWRENCE BALZER
WINES MADE FROM the Symphony grape strike no discordant notes. A wine grape named Symphony? Yes, it is an American wine varietal that was developed over a 42-year period at UC Davis' department of viticulture and enology. A hybrid of European vinifera, Grenache Gris and Muscat of Alexandria, the grape was developed under the guidance of Harold P. Olmo at UC Davis and was known as J5-58. It was named when a wine maker at a Wine Institute tasting for this varietal expressed amazement at the complexity of flavors and aromas, which he likened to the orchestration of a symphony.
CALIFORNIA | LOCAL
February 16, 1989 | KENNETH T. YAMADA, Times Staff Writer
Officials of Hollywood Park Realty Enterprises Inc., the losers in Cypress' special election Tuesday, vowed Wednesday to pursue a $125-million lawsuit against the city, but the mayor pro tem said he hopes to come up with a compromise plan to avert that suit. Hollywood Park hopes to recoup legal fees spent and money lost from a proposed sale of its property around the Los Alamitos Race Course, company spokesman Donald M. Robins said.
NEWS
February 15, 1989 | MARK LANDSBAUM and KEN YAMADA, Times Staff Writers
Cypress voters Tuesday overwhelmingly rejected a 167-acre business and recreational project proposed for one of the largest remaining open spaces in northwestern Orange County, culminating years of debate and legal wrangling over the site. With all precincts reporting, the special ballot measure was defeated almost 2 to 1. "We've got it. Absolutely," proclaimed Joyce Nicholson, a leader of the opposition as the vote count progressed.
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