SD BUSINESS JOURNAL DAILY ENEWS
San Diego-headquartered BioMed Realty Trust Inc. has entered into an agreement to be acquired by affiliates of New York-based Blackstone Group, in an all-cash transaction valued at $8 billion, amounting to $23.75 per share.
Short-term vacation rentals booked in San Diego through home-sharing sites including Airbnb had an economic impact of $285 million in the city during the past year, according to a newly released report by locally based National University System Institute for Policy Research.
A business that seeks to provide clients with several seconds of advance notice when an earthquake strikes is expanding in Southern California by buying capacity on a local scientific radio communications network.
AMN Healthcare Services Inc. has acquired MillicanSolutions, a physician and executive leadership search firm focused academic medical centers and children’s hospitals.
BioNano Genomics announced Oct. 8 that it has entered a research collaboration with the University of California, Los Angeles.
Irvine-based Plaza Bank has opened a regional business center in San Diego, the first significant physical presence for the small-business-focused bank.
Sales of San Diego single-family homes dropped 5 percent in September compared to the previous year, with 1,822 sales recorded, according to the Greater San Diego Association of Realtors.
BAE Systems San Diego Ship Repair received two contracts collectively worth more than $100 million to cover shipyard work for two U.S. Navy workhorses: a cruiser and a destroyer.
Realty Income Corp. raised total net proceeds of approximately $517 million from its public offering of common stock that closed on Oct. 7, the San Diego-based company reported.
Investment firm Pacific Current Partners of Orange County has acquired Oceanside RV Park in Oceanside for $9.7 million, the company announced.
General Atomics Aeronautical Systems Inc. received two aircraft contracts from the U.S. Army at the end of September.
San Diego’s agricultural output dropped slightly last year, falling about 2 percent to $1.82 billion, county officials said Wednesday.
Scripps Health and Pioneers Memorial Healthcare District have entered into an affiliation agreement, signed Tuesday at a ceremony at Pioneers Memorial Hospital in Brawley. The two-year agreement marks the first hospital affiliation for Scripps outside of San Diego County.
Torrey Pines Transportation is being acquired by Boston-based Marcou Transportation Group for undisclosed terms, the buyer announced on Oct. 5.
ESET, the maker of computer antivirus software with a North American headquarters in downtown San Diego, recently acquired DESlock+, an English company specializing in advanced computer encryption solutions. Financial terms of the deal were not disclosed.
The San Diego office of Kearny Real Estate Co. has acquired the three-building Mission Center Office Park in Mission Valley for $29.2 million, the company announced.
Home values in San Diego and Carlsbad continued to climb in August, rising 5.8 percent over the past year, as home prices appreciated 6.9 percent nationwide, according to a report Tuesday from CoreLogic.
Realty Income Corp. is expected to close Oct. 7 on a public offering of common stock with net proceeds of approximately $450 million, the San Diego-based company announced.
San Diego-based investment bank RA Capital Advisors on Tuesday announced pest control giant Rentokil Initial plc bought RA client Steritech Group Inc. for $425 million, which it said was the largest acquisition in the pest control industry.
Tracon Pharmaceuticals, a public biopharmaceutical company in San Diego, announced Tuesday that Dr. Ronald Shazer has been appointed chief medical officer.