Biz News: The Triangle in Costa Mesa celebrates 25th anniversary with music series

The Triangle in Costa Mesa is celebrating its 25th anniversary with a weekly music series called Sizzling Summer Sounds.

Performances will be held Wednesday evenings from July 12 through Aug. 23 in the center’s upper-level courtyard. Music will include surf classics, reggae and calypso steel drums, classic country, Latin pop, classics from the ’80s and ’90s, a ’70s troubadour guitarist and a romantic Latin duo.

Contests will also be held throughout the music series with winners receiving gift cards from shops and restaurants in The Triangle, which is located where Newport Boulevard, Harbor Boulevard and 19th Street intersect.

For more information, or for a detailed schedule of performances, visit go2triangle.com.

Lindora names Newport Beach resident as new CEO

Lindora has named Newport Beach resident William J. Righeimer as the company’s new chief executive.

Righeimer, 47, comes to the medically supervised wellness, weight loss and consumer products company after serving as chief executive of Kuantum Brands — a clinical hydration beverage company. He also previously worked as president and global general manager for Mars, Inc., according to a press release.

“Lindora is a powerful brand, in the right space, at the right time and I’m excited to join the team at this transformational growth stage,” said Righeimer, in a statement.

Costa Mesa business property sells for $33.4 million

Sovereign Capital Management Group, a private equity real estate firm headquartered in San Diego, recently sold a 112,000-square-foot Costa Mesa property to Santa Monica-based BLT Enterprises for $33.4 million.

FedEx currently occupies the property, 1650 Sunflower Ave. As part of the sale, the company will be allowed to remain at the property until 2028.

The sale was executed by Colliers’ Institutional Investment Services Group — Western Region.

Sanmina announces expansion of technology center in Costa Mesa

The Sanmina Corporation — an optical, electronic and mechanical product company headquartered in San Jose — announced plans this week to expand its technology center in Costa Mesa.

For years, Sanmina has produced printed circuit boards and flex circuits for industrial, medical and military applications at the Costa Mesa center, 2945 Airway Ave.

With the expansion, Sanmina has added system assembly, surface mount technology and advanced microelectronic packaging, according to a press release.

New development opens in Eastside Costa Mesa

Matt White Custom Homes and Warmington Residential announced this week that homes are now officially for sale in a new Eastside Costa Mesa development called Tablelands.

A model home is also now open at the eight-home tract at 133 E. 21st St.

Homes will be two stories and about 1,900 square feet. Different floor plans are available. Visit tablelands8.com for more information.