Stories for October 2019

Thursday, October 31

NuVasive Sees Stock Increase After Earnings Report

In third quarter earnings spine implant maker NuVasive recorded $290.8 million in revenue, a 7.2% year-over-year increase.

Seismic Poaches Google Exec as New Chief Marketing Officer

Michael Londgren, a former Google Cloud marketing executive, will serve as Seismic's new head of marketing.

Vertical Farming Company Leases Westcore Building

Company will grow leafy green vegetables indoors

Poway Industrial Building Sold For $2 million

Building will be new headquarters for ZTelco, a phone and internet service provider.

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App Aims to Rule the Waves of Action Sports

TECH: It Takes You Into the Contests, the Competition, the Players

While thousands of sports fans turn to ESPN or CBS Sports to keep tabs on the big game, fewer options exist for surfing, snowboarding or other action sports despite their popularity.

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San Diego Architectural Students Compete In National Event

They are one of three teams in the final competition

UC San Diego Health Adds Clinic in Eastlake

UC San Diego Heath has opened a clinic in Eastlake as part of a strategy to open more satellite sites.

Poway Industrial Building Sold For $4.4M

Building has 5,000 square feet of office space.

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National City Apartment Complex Sold For $3.1M

Complex has 19 apartments.

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Wednesday, October 30

ResMed Reports 16% Revenue Growth in Q1

In first quarter earnings ResMed posted $681.1 million in revenue, a 16% year-over-year increase.

Lyft Selects San Diego Nonprofits for Grants

According to a press release, Burn Institute, Mama’s Kitchen and Wounded Warriors Homes will all benefit from Lyft rides grant program to further their causes.

Prometheus and Takeda Targeting IBD With Precision Medicine

Prometheus Brings Diagnostics, Discovery and Data to the Table

Prometheus Biosciences could net up to $420 million in a recently announced pact with major pharmaceutical Takeda.

Co. Elevates Its Game To Better Serve Brewers’ Needs

5th Ingredient Hopes To Gain Exposure at Upcoming Quick Pitch

For 5th Ingredient founder Pulkit Agrawal, brewing is a science.

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Skinny Gene Puts Community Activism Into Diabetes Fight

Project Graduated from City Sail, An Accelerator for Nonprofits

The Skinny Gene Project is a San Diego-based nonprofit working to prevent Type 2 Diabetes.

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Viasat Taps Into Advertising Potential Of Aircraft Internet

Co. Continues to Install Its In-Flight Connectivity Service

Talk about a captive audience. Consider the people sitting on a commercial airline flight, whiling away the hours with the in-flight entertainment system.

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Mostra Coffee Draws A Crowd as Well as Accolades

Company Plans on Releasing a Cold Brew and Opening Second Location

Chocoana, made of housemade banana milk and cold brew concentrate; this is just one of Mostra Coffee Inc.’s best-sellers.

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Tuesday, October 29

Supply Chain Software Startup AgTools Sweeps Quick Pitch Competition

Irvine-based startup AgTools took home the $50,000 first place prize and the $10,000 audience choice prize at this year's Quick Pitch competition.

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FDA Accepts Heron’s Resubmitted Drug Application

Earlier this month, Heron Therapeutics resubmitted an application to approve its postoperative pain anesthetic.

San Diego Angel Conference Returns After Awarding $535,000 in First Year

After its big debut last year, the San Diego Angel Conference will return again in March.

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Condos’ Helipads Didn’t Fly With Regulators

PROPERTY: Required Removal Is Being Done Bucket By Bucket

Helicopter landing pads built for emergency evacuation from the twin towers of the 41-story Harbor Club on San Diego’s waterfront are being removed.

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Intense Demand Remains in Q3 for Industrial Space

New Industrial Construction Was At One of Highest Levels

Demand for industrial space in San Diego was intense in the third quarter of 2019 with no sign that it will ease heading toward 2020.

10-Year Ride for Long-Endurance Aircraft

DEFENSE: Air Force Extends Northrop Grumman Contract

Northrop Grumman Corp. is in line for billions of dollars’ worth of work on its Global Hawk unmanned high-altitude spy aircraft program over the next 10 years.

San Diego Voted 3rd Best Winter Holiday Destination

According to a press release, the list was based 37 different cost and convenience metrics, not scenic beauty, although weather forecasts, safety and variety of activities were also considered.

Ansun Biopharma Raises $80 Million in Series B Round

BIOTECH: FDA Designations Show Need For Respiratory Drug

Ansun Biopharma is a San Diego biotech with a drug for respiratory infections caused by influenza and parainfluenza.

Monday, October 28

It Is Brains Over Brawn at CleverMade

RETAIL: Founders Find a $35M Market In Everyday Efficiencies

From collapsible crates and totes, coolers and laundry caddies to inflatable outdoor chairs and its recently introduced Parcel LockBox (more on that later), CleverMade carries over 30 innovative products.

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Silvergate Capital Plans to Offer 4.3M Shares in IPO

Crypto-friendly bank Silvergate Capital said it plans to offer 4.3 million shares in its IPO, more than 3 million of which will be from selling shareholders.

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Tandem, Abbott Partnership Brings Closed-Loop System

BIOTECH: Abbott Expected to Help Tandem Grow Internationally

Tandem Diabetes Care recently dropped a big partnership announcement.

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SDBJ INSIDER: A Storybook Job

Talking about a diverse economy in San Diego: Who else has a Dr. Seuss Enterprises?

Park to Give SeaWorld an Attraction Without Distractions

TOURISM: Sesame Place Bets on Big Bird Making Big Splash in Chula Vista

SeaWorld San Diego will soon have one up on SeaWorld Orlando with the addition of the second-ever Sesame Place theme park.

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Palatine Doesn’t Want Residents To Get Lost in the Crowd

PROPERTY: Bankers Hill Development Looks for Lasting Beauty, Not Trends

Affordable luxury with an artistic touch is the selling point for a $20 million condominium project going up in Bankers Hill.

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Regenica Biosciences Aims to Disarm a Chemical Weapon

MEDICINE: Company’s Mission Is to Find Antidote to Nerve Agents

Regenica will compete as one of this year's Quick Pitch finalists.

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Pacific Surfliner Is Expanding So-Cal Services

One-Way Tickets to L.A. Are $36 for Coach and $55 for Business Class

LOSSAN Rail Corridor Agency, which oversees the San Diego Surfliner service operation since 2015, is adding additional trips to and from the Southern California cities.

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SBP Receives $3.58M Grant for Opioid Treatment

SBP Receives $3.58M Grant for Opioid Treatment

A professor at Sanford Burnham Prebys Medical Discovery Institute received a $3.58 million grant to push forward a compound that has shown early promise in helping prevent opioid relapse or overdose.

CUSTOM CONTENT: J.P. Morgan Chase is Advancing San Diego

Expanded Services Address the Workforce Skills Needed of Growing Industry Sectors

We live in a time when it is easy to feel that there is more that divides us than unites us.

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Tentative Rejection of Merger Leaves Illumina With Big Hurdle to Clear

PacBio Acquisition Seen As Anti-Competitive By UK Regulator

A U.K. antitrust regulator has tentatively rejected Illumina’s $1.2 billion acquisition of Pacific Bioscience with a final decision slated for December.

Don Buchman, Vice President and General Manager of Commercial Aviation at Viasat Inc.

Electronics Design Software Firm Has Worldwide Reach

There is a science to designing an electronic circuit.

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Co., Curry on Course to Bring Golf to Communities, College

NBA Player Supporting Golf Team For Howard University

Golf equipment manufacturer, Callaway Golf Co., and three-time NBA champion Stephen Curry, have partnered to bring the game of golf to underrepresented youth.

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TCA S.D. Makes 9 Local Investments From Annual Fund

Ten of 16 Investments Were In Life Sciences

Tech Coast Angels-San Diego’s new annual fund was a hit with local angel investors.

CUSTOM CONTENT: JPMorgan Chase is Advancing San Diego

Expanded services address the workforce skills needed of growing industry sectors

We live in a time when it is easy to feel that there is more that divides us than unites us.

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Altium Gets Bigger As Printed Circuit Boards Get Smaller

Electronics Design Software Firm Has Worldwide Reach

There is a science to designing an electronic circuit.

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Sunday, October 27

Illumina Reports Solid Growth in Q3

Illumina reported $907 million in third quarter revenue, a 6% year-over-year increase that beat Wall Street expectations and marked an improvement over the prior quarter.

Race for Enzymatic DNA Synthesis Is On

BIOTECH: New Synthesizing Likely to Bring Major Changes

San Diego’s Molecular Assemblies has raised $12.2 million to commercialize a new way of producing DNA, in what could turbocharge work across life sciences.

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Accion’s San Diego Branch Lands $300,000 to Support Diverse Business Owners

Accion received a $300,000 grant to support diverse small business owners in San Diego, Imperial, Riverside and San Bernardino Counties.

San Diego Firm Refinances Project For $19.2M

Nexus Canyon Research Park is in Seattle area

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La Jolla Taco Stand Voted Fourth Fast Casual Restaurant in U.S.

According to the Trip Advisor website, The Taco Stand prides itself in making handmade corn tortillas and guacamole and salsas made from scratch daily.

Co.’s Emerald Plaza Perch Connects It to Downtown Vibe

DESIGN: Ware Malcomb’s Design Touches Create Open, Inviting Office

Fresh off relocating its San Diego corporate headquarters to Sorrento Valley, Ware Malcomb design firm is expanding again.

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Developers Find Phoenix a Good Place To Do Business

Population Is Growing And Area Is Attracting Technology Companies

Investors based in San Diego are increasingly putting their money into Phoenix, Arizona

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Bank of Southern California Acquires CalWest

FINANCE: $32M Deal Is Bank’s Seventh Acquisition to Date

Bank of Southern California, a midsized bank based in San Diego, will acquire Rancho Santa Margarita-based CalWest Bancorp.

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Co.’s Drive, $298M Keeps It on Course

TECH: TuSimple Advances Autonomous Trucking

Driving down Interstate 10 in Arizona, you might be able to spot one of TuSimple’s bright green, self-driving trucks.

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Thursday, October 24

Cross Border Xpress Grows Passenger Traffic by 30%

According to a press release, in order to better accommodate the growing number of travelers crossing the bridge every day, CBX has plans to expand “key areas” within terminals.

Illumina’s $1.2 Billion Acquisition of Pacific Biosciences Tentatively Rejected

A U.K. antitrust regulator has tentatively rejected Illumina’s $1.2 billion acquisition of Pacific Bioscience with a final decision slated for December.

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Qualcomm Ventures Launches $200M Fund for 5G

Qualcomm Ventures launched a new 5G Ecosystem Fund today.

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Lakeside Apartment Complex Sold For $12.5M

Complex has 60 apartments

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Poway Commercial Building Sold For $2.5M

Big O' Tires is the sole tenant

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Commercial Condominium Sold For Nearly $2.4M

Orangetheory Fitness occupies the unit

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Caliper Covers Give Drivers a Reason to Stop, Take Notice

RETAIL: Co. Has Licensing Deals, Expects 10% Growth in 2019

Before Mike Barland launched MGP Caliper Covers a little over a decade ago, there were two common practices for beautifying a car’s calipers.

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Construction Co. Forecasts $164M in Contracts

BUILDING: Family Firm Tackles Many Education Projects

Barnhart-Reese Construction — the successor to the long-time San Diego development firm of Douglas E. Barnhart Inc. — has nabbed three new contracts with a total worth of more than $29.5 million.

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Wednesday, October 23

Hoot Rides Pilot Program Kicks Off in Oceanside

The Hoot Rides Shuttle Service can be hailed through the Hoot app and will take riders along the beach, pier and Harbor.

$3.58M Grant to Advance Potential Opioid Treatment

A professor at Sanford Burnham Prebys received a $3.58 million grant to push forward a compound that has shown early promise in helping prevent opioid relapse or overdose.

Diabetes Prevention Startup Lands $100,000

The SKinny Gene Project, a diabetes prevention nonprofit, received a $100,000 impact loan from Mission Driven Finance.

Viscient Proposes Merger With Organovo

Cos. Are Good Fit As They Both Work In NASH Space

Viscient Biosciences has proposed a merger with Organovo, a biotech that recently said it would entertain acquisition offers after its implantable liver program didn’t pass clinical muster.

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Bionano Genomics Plans $18M Stock Offering

San Diego’s Bionano Genomics plans to raise $18 million through a public stock offering, the company said Oct. 21.

Tracking Solutions Put Cos. in Control

TECH: Blue Sky Also Delivers Data to Support Various Missions

A map showing Africa appears on the large-screen television at Blue Sky Network in Mission Valley. It offers a unique perspective of the continent.

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VC Investing Is Strong for Q3; Tech Makes Inroads

Trackforce, SmartDrive Lead the Way; Health Care Still Overall Winner

Tech companies led San Diego’s top venture capital rounds last quarter, bucking the region’s reputation as a biotech hub.

Tuesday, October 22

Mead Makers Rely on Their Creative Juices

BEVERAGE: Drink Fits in With Craft Culture, Return to Nature

For a few decades now, San Diego has been distinctively known as the craft beer capital of America.

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Callaway Golf Partners with Basketball Player Stephen Curry

According to a press release, and as part of the initiative, Stephen Curry helped Howard University, a historically black university in Washington, D.C., launch its first-ever Division 1 Golf Program last month, set to debut in 2020.

SDBJ INSIDER: Times Are Changing And So Are Diapers

Sustainability is still in its infancy. This brings opportunities to think outside the box, even outside the disposable diaper box.

Changing Hydration from Guessing Game to a Science

BIOTECH: Device Applications Include Sports, Military

Debbie Chen can throw a punch. She began competing as an amateur Muay Thai fighter before she founded her hydration monitoring startup, Hydrostasis.

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Connect All Graduates 13 Cos. From Its First Cohort

Access Trax Awarded $10,000, Plans to Make First Part-Time Hire

Connect All at the Jacobs Center’s first cohort of startups delivered their pitches recently.

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Monday, October 21

Bank of Southern California to Buy OC-Based Bank for $32 Million

Bank of Southern California and CalWest Bancorp plan to close the deal in early 2020.

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SeaWorld to Open Sesame Place Theme Park in San Diego

The Sesame Place theme park will mark the second location in the United States and the first on the west coast.

Executive Q&A: Todd Jackson, CEO Jackson Design

Todd Jackson, president and CEO of Jackson Design and Remodeling (JDR) entered the remodeling business at age 20.

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Movie Theaters Can Be a Good Buy in Shaky Retail Market

Two Theaters Recently Sold in Region for $36.5M and $32.3M

Movie theaters are attracting investors to San Diego County looking for property that is immune from disruptions caused by e-commerce.

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Business Women of the Year, Purchase Tickets before November 13

EVENTS: Luncheon Topics to Include Board Qualifications, Mentoring

Like many of us, Patti Roscoe has a story of observing San Diego as a tourist and coming the live here as a resident.

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CUSTOM CONTENT: eMolecules Moves Into New Headquarters, New Chapter

On Friday, September 27th, eMolecules celebrated the grand opening of its new headquarters overlooking Torrey Pines State Beach and the Pacific Ocean.

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Hospitals Must Spend Billions to Meet Mandates

FACILITIES: New Building Standards Take Effect in 2030

San Diego County’s hospitals and health care systems are planning to spend billions of dollars over the next decade to meet state seismic safety requirements.

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Co.’s Barware Mixes Function And Style for Intoxicating Blend

Extensive Market Research Backs Co.’s Products; Plan Is to Scale Slowly

When Rachel Eva and her husband and business partner Shawn Michael noticed the rise in the craft cocktail scene a few years back.

Luna Looking to Draw Millennials As It Scales Up

Company Has Leaders In Place to Handle Accelerated Growth

San Diego-based Luna Grill Restaurants LLC, continues on a path of growth.

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Navy’s IT Arm Awards $1.56B in Deals

NAVWAR Oversees Cybersecurity, Employs 5,200

Like planets around a star, businesses congregate around U.S. military facilities and acquisition commands.

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Whiting-Turner Gets $85M Building Deal

SEAL Campus Construction Effort May Grow to $107M

The following are selected defense contracts awarded to San Diego County companies in September.

Plexium Takes In $28 Million in a Series A Round

Ability to Screen Millions Of Small Molecules Should Bolster Results

Long impeding drugmakers, entire classes of proteins have proven too difficult to target.

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CUSTOM CONTENT: Top Technology Solutions

Expanded services address the needs of growing industry sectors

Since its founding in 1989, AIS has evolved quickly and frequently to keep up with the technological trends of the time.

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Sunday, October 20

Ansun Raises $80M for Drug Aimed at Respiratory Infections

Ansun Biopharma – a San Diego biotech with a drug for respiratory infections caused by influenza and parainfluenza – has raised an $80 million series B round.

Coworking Scene Sound in San Diego

REAL ESTATE: Room for Growth Remains in Small Sector

Fallout from the apparent implosion of WeWork is unlikely to have much of an effect in San Diego County.

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Uber Bike Lane Alert Product Now Available in San Diego

According to a press release, Uber's Bike Lane Alerts feature aims to “increase the awareness of people on bikes and scooters via the Uber app by sending notifications to riders when their drop off is on or near a bike lane,."

NuttZo Makes Revenue Based Funding Deal as It Plans Expansion

According to the company, the investment will be used to create new foods and expand its footprint.

Lack of Downtown Office Space Has Been Years in the Making

Vacancy Rates Are Low; Rents Reach Record Highs

San Diego is falling behind other metro areas when it comes to building new office space in central business districts.

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Affordable Living to Be Part of Little Italy Site

PROPERTY: Luxury Tower to Be Paired With Senior Complex

Luxury apartment complexes are nothing new in downtown San Diego’s Little Italy.

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Silvergate Names New CFO, and a New Director to Its Board

Crypto Currency Services Increased Its Customer Base

Silvergate Bank named a new chief financial officer Oct. 14.

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Company Pays $2.23B for Sempra’s Business in Chile

ACQUISITION: Sale Part of Focus On North America

Sempra Energy has agreed to sell its power businesses in Chile to a Chinese company for $2.23 billion in cash.

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Thursday, October 17

Plexium Takes in $28M Round

Long impeding drugmakers, entire classes of proteins have proven too difficult to target.

Northrop Grumman Partners with Local Colleges to Prime Talent Pipeline

Northrop Grumman will work with MiraCosta College and Palomar College to prepare students for careers in aerospace or defense.

San Diego and Oceanside Property Sold to MFL Properties For $4.2M

Two apartment buildings and a retail center sold

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Markstein Beverage Co. to Close

Markstein Beverage Co.'s closure follows the acquisition of "key Markstein assets" in September by Anheuser-Busch InBev. The terms of that deal were undisclosed.

Cutwater Tequila Proudly Took the Long Way to Market

BEVERAGE: Ten Years In the Making, Co. Tapped Traditional Methods, Experts

San Diego-based Cutwater Spirits has revealed its latest creation: the brand’s first tequila offering.

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The $51 Billion Military Asset

DEFENSE: San Diego’s Defense Role Brings a Giant Economic Impact

The Defense Department pumped an estimated $28.1 billion into the San Diego County economy.

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Rosie Network, Stella Labs Awarded $50,000 From SBA

Growth Accelerator Fund Competition to Support Startups

Two San Diego business accelerators were each awarded $50,000 from the U.S. Small Business Administration’s Growth Accelerator Fund Competition.

Wednesday, October 16

Building Has Designs on Driving Interaction, Collaboration

DESIGN: Central Atrium And Even Center’s Stairs Bring People Together

Making space where researchers could casually bump into each other and get a peek at each other working was a big part of the design of Center for Novel Therapeutics.

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LifeCouple Keeps Couples Connected To The Relationship

Company to Charge for App, Plans to Also Develop A Job Health Feature

Sean Rones, a Carmel Valley-based entrepreneur, didn’t realize his relationship was out of balance until he found himself at the therapist’s office.

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Carlsbad Apartment Complex Sold For $3M

Complex has 11 apartments

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Public Can Warm Up To These Wearables

RETAIL: Heated Apparel Carried In Nearly 1,500 Stores

Tech Gear 5.7 Inc. has its Mobile Warming line of heated jackets, vests, base layers, socks and gloves.

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RQ Construction Gets $71M Barracks Project in Cuba

Work at Guantanamo Bay To Last Through 2022

The following are selected defense contracts awarded to San Diego County companies in September and October.

SD Climate Delivers for Coffee Drinkers

Local Production Seen As Start of Sea Change For Organic Coffee Scene

San Diego-based Bird Rock Coffee Roasters signed a deal with Oceanside’s Mraz Family Farms to sell the first San Diego-grown coffee and sold out in just four days.

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Avison Young Acquires McKinney

REAL ESTATE: Biotech Draws Avison’s First Buy In San Diego Market

The commercial real estate brokerage and property management firm of McKinney Advisory Group Inc. based in San Diego has been acquired by Avison Young headquartered in Toronto.

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Tuesday, October 15

NASA, General Atomics Aeronautical To Fly UAS Over San Diego in 2020

Commercial Uses for Unmanned Aircraft Eyed

There comes a moment when military technology gets repurposed for civilian roles.

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Glasses Focus on Style, Lifestyle

RETAIL: Pricing, Action Sports Connection Help Drive Sales

In its first year in business, Blenders Eyewear, founded in 2013, sold about one thousand pairs of sunglasses.

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Qualcomm to Pay 62-Cent Dividend

Qualcomm will pay shareholders a quarterly dividend on Dec. 19.

Millenia Development Is Fulfilling Some Big Goals

PROPERTY: Site Expected To House 10,000; Retail and Office Plans Move Slower

Millenia — a Chula Vista development so big that it could be its own small city — is about two-thirds finished with construction already underway on the rest of it on the east side of Chula Vista.

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Executive Q&A: Joe Panetta, CEO, Biocom

Joe Panetta has served as president and CEO of Biocom since 1999. Biocom is an association for life science companies and service providers.

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SDBJ INSIDER: What’s Next For UCSD?

University of California San Diego’s economic impact for the state came in at $16.5 billion.

Soccer Team Owner Sees It as a Business And a Community Investment

Andrew Vassiliadis To Lead Club With Warren Smith

In mid-June, Sports Illustrated reported that retired professional soccer player Landon Donovan and his business partner, Warren Smith, were looking for local investment.

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Monday, October 14

Fund Looks to Back Cos. That Try to Help

STARTUPS: Good Ideas To Get Technical Backing

A new venture fund founded by two tech executives looks to invest in startups that are using technology to better others’ lives. Greatscale Ventures was founded by Aaron Contorer.

Bankers Hill Office Building Sold For $8.7M

Building is leased to Real Page, Inc.

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AttackIQ Makes First Overseas Expansion

AttackIQ will open two new offices in Australia.

Luna Grill Appoints Chief Brand Officer, New CFO

According to a press release, Rich Pinnella is Luna Grill's first ever chief brand officer and Bob Bartlett its chief financial officer.

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Sourcify Connects Cos. to Overseas Manufacturing

STARTUP: Company Went Through EvoNexus And Y Combinator

In 2010, when 25-year-old Nathan Resnick lived in China as part of a high school foreign exchange program and after starting his own fashion e-commerce business.

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It’s Tech vs. Tech: May the Most Innovative Win

Connect and SDVG To Co-Host Contest For First Time

San Diego-based Connect named 21 finalists for its Most Innovative New Product Awards.

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Sunday, October 13

LRAD Posts Record Sales to Law Enforcement

The company attributed the increased sales to the performance of its acoustic hailing devices and the complimentary federal grant preparation services it offers departments looking to procure LRAD’s systems.

Made in San Diego, Deployed Worldwide

MANUFACTURING: Area Firms Fill Pentagon’s Varied Requirements

Much of San Diego’s sizable manufacturing capacity goes to support the Department of Defense.

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Silvergate Bank Names New Chief Financial Officer

Silvergate Bank named Antonio Martino as the company's new chief financial officer.

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All Women CRE Company Is Ready and Willing to Compete

REAL ESTATE: Skilled Executives Put Their Perspective on the Market

Carrie Bobb stood out when she became a commercial real estate broker in 2003 in a field dominated by men.

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Office Space Demand Expected to Continue Strong Into 2020

Scripps Ranch and UTC See Strong Growth In the Third Quarter

Demand for office space in San Diego County was as strong as ever in the third quarter of the year, according to at least two commercial brokerage firms.

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Apartment Tower’s Efforts Praised While Otherwise It Is Panned

Orchids, Onions Awards Put The Good, the Bad and the Different in the Spotlight

East Village’s bold Shift apartment tower was meant to get noticed, according to its developer and designer, and it sure got that from the San Diego Architectural Foundation.

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Sanford Gives $350 Million to National University

EDUCATION: School To Become Sanford National University

Banker and philanthropist T. Denny Sanford continued his generous support of National University.

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Co. Cuts Jobs, Sees Stock Plummet Following Weak Results

Brain Cancer Combo Didn’t Outperform Chemo

Tocagen is set to slash its workforce by 65% after its brain cancer therapy flopped in a late-stage clinical trial.

Friday, October 11

Hillcrest Apartment Complex Sold For $12.6M

Apartments are for senios

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Sunroad Plaza Sold for $19.9M

Office campus was 82 percent leased

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CapRock Partners Buys Otay Mesa Industrial Building

Renovations planned

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Thursday, October 10

Access Trax Wins $10,000 at Connect All Pitch Competition

AccessTrax won $10,000 at a pitch competition for graduates of Connect All.

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619 Spirits Gets USA TODAY’s Best Craft Vodka Distillery Nod

619 Spirits, with a 4,200 square foot distillery and tasting room located in North Park, was founded by San Diego local Nick Apostolopoulos in 2012.

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First San Diego-Grown Coffee Sells Out at Bird Rock Coffee Roasters

According to a press release, this marked the first time a Geisha coffee varietal “has been grown and harvested on San Diego soil and made available online and to local consumers.”

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Crafter’s Box Uses Quality to Create Its Opening in the Market

SUBSCRIPTION: Company Now Sells Materials, Working on Collaboration

Cozy knit pillows, stamped leather journals and delicate hand-painted cards are listed as workshops for The Crafter’s Box.

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Co.’s Sports Platform Has Solid Selling Points

SPORTS: High School Coverage Uses Ads, B2B to Raise Revenue

ScoreStream, a crowd-sourced platform for high school sports scores, photos, videos and fan chat, is continuing its growth trajectory.

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Salvation Army Moves To Otay Mesa

PROPERTY: Two Buildings Being Built in More Affordable Region

When The Salvation Army decided to relocate its downtown San Diego operations.

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Union Kitchen & Tap Launches Food Truck

According to a press release, Union Kitchen & Tap, with locations in Encinitas and Gaslamp, recently hit the streets of San Diego with its Union Kitchen & Catering Food Truck.

AI Startup Yembo Lands Partnership with Moving Company

Virginia-based moving company JK Moving Services will use Yembo's software to survey items in advance of a move.

Wednesday, October 9

Kitchens Changes Lives Through Culinary Career Paths

FOOD: Nonprofit Trains Workers While Feeding Those in Need

Since its founding in 2014, Kitchens for Good, a nonprofit that tackles issues of food waste, poverty and hunger, has helped more than 300 individuals.

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San Marcos Shopping Center Sold for Nearly $19.3M

Center was 92 percent leased

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Lincoln Park Apartments Sold For $4.2M

Complex has 20 apartments

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East Village Apartments Will Have Some Good Neighbors

PROPERTY: 34-Story Tower Will Be Next to Historic Home, UC San Diego’s New Complex

An East Village apartment tower that will incorporate a historic home and share a city block with the new downtown campus of the University of California San Diego is nearing completion.

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North Park Apartment Building Sold For $3.2M

Building was renovated in 2018

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Exec Q&A: Andrew Lukowiak, CEO, Millennium Health

Andrew Lukowiak is CEO of Millennium Health, an accredited specialty laboratory with over a decade of experience in medication monitoring and drug testing services.

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Two New Affordable Apartment Projects Open in the County

HOUSING: Projects Deliver 85 Apartments For $39.7 Million

Two new affordable apartment projects have opened — one in downtown San Diego and one in Otay Mesa.

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Tuesday, October 8

Sanford Gives $350M to National University

Banker and philanthropist T. Denny Sanford continued his generous support of National University with the announcement of $350 million gift to the university, which places it among the top 15 largest donations to a higher education institution.

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Cutwater Spirits Releases First Tequila

According to a press release, Cutwater Spirits’ master distiller, Yuseff Cherney, has been working on the tequila, called Rayador Tequila Blanco and made of 100% blue Mexican agave, for the last decade.

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Connect Names Finalists for Most Innovative Products Awards

21 companies will compete for the title of "Most Innovative" in December.

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San Diego Aims to Be Player in Gaming

TECH: Warner’s New Facility Will Focus on Mobile Games

San Diego’s gaming community gained a new addition last month, after Warner Bros. Interactive Entertainment announced it would open a new studio in Carlsbad.

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Entrepreneurs Must Know the Twists, Turns Of E-Commerce Course

From Marketing To Manufacturing, Startups Need Plan

According to a report released in July by Business Insider, San Diego — specifically the Carlsbad area — is the 11th top city in the nation for startups.

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Monday, October 7

Prometheus Spinoff Seeks Regulatory Approval for Diagnostic Device

ProciseDx, a spinoff of Prometheus Laboratories, is working on securing regulatory approval for its diagnostic tech in the U.S. and the E.U.

$2 Billion and Big Change

DEVELOPMENT: Work-Life Balance to Arrive in Mission Valley

A massive $2 billion redevelopment project that will reshape a big chunk of Mission Valley along the San Diego River is nearing a critical stage with preparation of an environment impact statement coming in January.

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Coworking Model Finds Success in Salon Business

SERVICE: Company Sees $100 Million Revenue; Spaces Leased Month to Month

Phenix Inc., also known as Phenix Salon Suites, has 11 locations in San Diego, 69 throughout the state of California and more than 250 nationwide.

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Citadel Defense Sells Anti-Drone Tech to Border Agency

Electronics Force Quadcopters To Land; Deal Exceeds $1M

Frequently, federal contracts valued at less than $7 million go unreported. The following are several contract announcements from government vendors.

McKinney Advisory Group Acquired by Avison Young

Company was founded in 2010

Sunday, October 6

General Atomics Gets $42M Contract for Hypersonics Work

Projectiles Engineered to Move at Mach 5, or Faster

The following are selected defense contracts awarded to San Diego County companies in September.

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RV Resort and Bicycle Path to Get Bay-Front Plan Started

DEVELOPMENT: RV Park Is Expected to Be Completed in Summer 2020

Two key pieces of a $1.1 billion resort hotel and convention center project on Chula Vista’s bay front are about the get under way.

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Illumina, PacificBio Extend Acquisition

San Diego Company to Provide Cash Payments in the Meantime

The deadline for Illumina Inc. to acquire Pacific Biosciences has been extended as a U.K. regulator continues to review the $1.2 billion deal.

RF Industries Reports Net Income of $1M During Third Quarter

Acquisition of C Enterprises Increases Revenue Picture

RF Industries reported net income of $1.0 million, or 11 cents per diluted share, on net sales of $15.5 million during its third quarter.

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Eateries Welcome Fido For Fun and Profit

DINING: Slice of the Pet Spending Pie Can Pay Off

According to the American Pet Products Association, Americans are spending more on pets than ever before.

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Swinerton Employees Build Up Benefits as They Transform Skyline

SDBJ Best Places to Work: Mega Employer Category (2,000+ U.S. EMPLOYEES)

A well-traveled barbecue smoker trailer is a key piece of equipment in the Swinerton Inc. inventory.

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Sempra Energy to Sell Peru Business for $3.59B

ENERGY: Chinese Buyer Takes First Step To Import U.S. LNG

Sempra Energy is weighing options for the $3.59 billion in cash it expects to receive through the sale of its interest in a South American electric utility.

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Ten Finalists Ready to Deliver Their Pitches

$75,000 Up for Grabs; Investors Also to Be in Attendance

Tech Coast Angels picked 10 finalists for its John G. Watson Quick Pitch Competition. The annual event brings together promising San Diego startups to compete.

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Retailer Gets Used Equipment Back in the Game

Used Goods Are 75% Of Business; Is Planning an E-Commerce Store

In 2016, Colorado-based sporting goods retailer Sports Authority declared bankruptcy and shut its La Mesa location.

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Carlsbad-Based Zingle Acquired for $42 Million

SOFTWARE: Zingle to Keep Office and Employees; Will Merge with Medallia

Zingle, a Carlsbad-based company that lets users “text” businesses, was acquired on Sept. 24 for $42 million.

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Kyriba Hires Former E&Y Executive

Treasury Management Software in Demand

San Diego-based software company Kyriba brought in a former partner with Ernst & Young as the company’s new chief client officer.

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SDBJ INSIDER: Companies Envision Role For Smart Glasses

Mitchell International, a provider of technology, information solutions to property and casualty claims and collision repair industries, announced it has developed a proof of concept for smart glasses.

Hughes Marino Values Excellence, Personal Growth, a Sense of Fun

SDBJ Best Places to Work: Medium Employer Category (50 - 249 U.S. EMPLOYEES)

Enjoy the journey. That’s one of the core values of Hughes Marino, a commercial real estate brokerage based in downtown San Diego that’s led by Jason and Shay Hughes.

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C&S Cos. Brings Staff Together for Personal Development, Softball

SDBJ Best Places to Work: Large Employer Category (250 - 1,999 U.S. EMPLOYEES)

For a large, national engineering firm, C&S Cos. still finds ways to keep employees connected.

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Cultura Develops a Unique Sense of Place In its Own Workspace

SDBJ Best Places to Work: Small Employer Category (15 - 49 U.S. EMPLOYEES)

Cultura is not just a furniture dealership. According to the company, it is a partner in creating places where people love to work, live, learn and play.

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Thursday, October 3

MG Properties Acquires Las Vegas Apartments For Nearly $36.6M

Complex has 184 apartments

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JBK Wants to Sell You On Other Cos.’ Brands

HEATLH: Lab Behind Many Brands’ Skincare Products

JBK Wellness Labs’ customers’ brands are carried in high-end retailers and mainstream locations.

Cities Getting Smarter About Making Use of Technology

TECH: Sharing Data Is a Challenge; Traffic Solutions Being Sought

In the last two years, the city of San Diego has installed 4,200 smart streetlights downtown, equipped with cameras, sensors and microphones.

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InvestCloud Opens Carlsbad Office

According to a press release, the Carlsbad office, the company's eighth global location and third in California, will “provide its full suite of services to InvestCloud clients, as well as focus on driving further development on its trading, accounting and middle-office workflow solutions.

CommonGrounds Raises $40M After $100M Series A

STARTUPS: Company Sees Unaddressed Opportunities in the Market

CommonGrounds Workplace, a Carlsbad-based coworking company, raised an additional $40 million in funding after closing a $100 million series A round in January.

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Leadership Changes At Akcea Therapeutics Include New CEO

Ionis to Deepen Its Commitment to the Company

Akcea Therapeutics on Sept. 23 announced the departures of CEO Paula Soteropoulos, President Sarah Boyce and Chief Operating Officer Jeff Goldberg.

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Land for Emergency Vehicle Operations Center Sells for $28.1M

Training Now Being Done At SDCCU Stadium and Outside of the County

Starting a year from now, police cars and other emergency vehicles will be zipping around a new driver training track in Otay Mesa.

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Wednesday, October 2

The Rosie Network, Stella Labs Win SBA Accelerator Competition

Two San Diego accelerator programs will each get $50,000 from the Small Business Administration.

Bank Finds Ideal Location for Innovation Lab: San Diego

FINANCE: Market’s Low Advertising Costs, Branch Density Are Pluses

At first glance, San Diego would appear to be an unlikely site to serve as a test market for new product and service concepts in both commercial and consumer banking.

Local Life Science Opportunities Draw Nuveen

Co. Sees Favorable Demographics And Chance to Diversify

The allure of UTC’s connections to the life science industry is drawing some big name investors from outside San Diego County.

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Recession Fears Fail to Dent the Industrial Market

Life Science Sector, Last Mile Delivery Still Seeking Space

Demand for industrial space is so strong that even an expected recession is unlikely to throw it into negative numbers.

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Fallbrook Apartments Sold For $4.8M

Complex has 28 apartments and one single family home

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New Law Brings Big Challenges for Startups

LEGAL: Cos. Will Need to Examine Hiring Practices

In the early 1900s, the word “gig” appeared in jazz clubs, referring to a live music performance.

Tuesday, October 1

AIS Technology Services Acquires Local IT Firm

AIS Technology Services merged with Fortitude Technology, another San Diego-based IT company.

United Soccer League San Diego Appoints New Chairman

“San Diego is home for me, and both this club and I are here to stay,” said Vassiliadis via a statement.

Co.’s Data Analytics Might Find If You’ve Been Fibbing on Taxes

Machine Learning Helps Find Clues on Property Improvements

San Diego investor Neil Senturia launched a new startup to help governments detect unpaid property taxes.

Some Biotech Cos. Find Advantages They Need in S.D.

Talent Pool and Area’s Research Institutions Cited By Cos. Moving

DelMar Pharmaceuticals recently joined a short list of biotechs that moved to the region this year.

California Economic Index Down Slightly

'The four negative sub-indexes for the month were housing starts, industrial electricity demand, the Dow Jones Technology Index and hotel occupancy.'

NTN Buzztime Changes Leadership In Office, Boardroom

Interim CEO Named; Co. Mulls Strategic Alternatives

NTN Buzztime Inc. is in search of a new CEO after Ram Krishnan stepped down from the post on Sept. 17.

Oceanside Lot Sold For $4.5M

Property will be developed as retail center

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Company’s History Helps in Competitive Organics Market

RETAIL: Customer Loyalty and Small Co. Image Are Respected

San Diego-based Organics Unlimited Inc. is a major player in the produce game.

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Law Firm Embraces Branding Opportunity

PROPERTY: From Inside to Out, Changes Make Statement

How does a long-established law firm get its name out to the public?

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SAN First in Nation to Offer Ocean-Friendly Food Option

Einstein Bros. Bagels, operated by Mission Yogurt, Inc., is the first Ocean Friendly restaurant at the airport and one of many eateries that have pledged to reduce their waste and boost environmental awareness about the rise of “garbage cluttering Earth’s waterways,” reads the release.

Active Efforts Made to Recruit Women in CRE

WORKFORCE: Retention Needs to Be Emphasized; Women Leaders Needed

Misty Moore was a rarity when she became a commercial real estate broker nearly 22 years ago.

Kyriba Hires EY Exec as Chief Client Officer

Kyriba hired Paul Bramwell, a former Ernst & Young exec, as the company's new chief client officer.

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