PROPERTY: Company Invests in Promising Submarkets
San Diego-based Parallel Partners has acquired a Kearny Mesa office complex — Sky Park Office Plaza — for $50.6 million in the first of what company Principal Matt Root said will be several San Diego acquisitions.
FRANCHISING: Retail Network Revenue Exceeds $2B
hat began in 1980 as a convenient alternative to the post office, where people could ship packages and make copies, has grown into a multibillion-dollar network of more than 5,000 stores that offer a range of products and services including packing, shipping, printing, office supplies and passport photos.
HEALTH: Affiliations Seen As Way to Cut Costs, Avoid Duplications
Palomar Health wants to deepen ties with a decades-old private physician group in a bid to control costs and closely coordinate patient care.
TOURISM: Convention Center Expansion Still Appears to Be a Must
Thanks to efforts from Comic-Con International the San Diego Convention Center Corp., and other local groups, Comic-Con recently announced that it has extend its agreement at the convention center through 2024.
With $100M Backing Co. Aims For 50 New Locations in 2 years
CommonGrounds Workspace is going to Washington.
Aircraft, Ground Electronics Are Part of U.S. Army Deal
The following are selected defense contracts awarded to San Diego County companies in mid-July. The U.S. Department of Defense releases a digest of contract awards daily at 5 p.m. Eastern Daylight Time.
CEO Calls the Preliminary Results Transitory
Illumina analysts are still bullish on the company after a lowered revenue estimate prompted a stock sell-off.
In Connection With Round, Company Takes On New Board Member
San Diego biotech Trefoil Therapeutics recently brought in a $28 million Series A round for work on vision diseases.
Company. Forecasts More Than $1 Million in Revenue for 2019
The Navy was where Zachary Lewis launched his military career as a special worker. It was also where he kicked off his side hustle turned main hustle: Integrity Bottles.
Chelsea to Extend Its Reach North With $41.7M Irvine Project
Chelsea Investment Corp. - one of San Diego County’s most active producers of affordable housing — has wrapped up a $48.1 million Mountain View project that will provide 143 apartments for low-income households.
A San Marcos mobile home park has been sold for $11.5 million.
A San Marcos industrial building has been sold for $3.9 million.
A Pacific Beach apartment complex has been sold for $3.7 million.
An Oceanside retail building that is anchored by T.J. Maxx and Goodwill Industries of San Diego has been sold for $11 million.
A San Diego apartment complex has been sold for nearly $2.2 million.
A San Diego company has acquired a recreational vehicle (RV) park in Fresno County for about $3.2 million.
TECH: It Offers Guidance, Resources and Mentorship to Help Companies
A crowd of entrepreneurs, tech workers and curious listeners gathered at Blink’s offices in downtown San Diego.
Ranks as One of Highest Deals for Such a Property In San Diego
A Maryland real estate investment trust has acquired a San Marcos medical condominium unit for nearly $11.9 million in a transaction that is unusual because of its nature and the size of the deal.
Unmanned Helicopter Passes the Point of Initial Operational Capability
The U.S. Navy has declared that an unmanned helicopter built by Northrop Grumman Corp. is ready for prime time.