SD BUSINESS JOURNAL DAILY ENEWS
General Dynamics NASSCO said that it laid the keel of a commercial tanker to be named Liberty on May 26 at its shipyard in Barrio Logan.
Some of the business events planned in the county for the week of May 30, 2016, and beyond.
San Diego’s Ballast Point Brewing & Spirits will invest $47.8 million to establish East Coast brewing operations in suburban Roanoke, Va., the Virginia governor’s office announced.
SeaWorld San Diego placed 14th among North American theme parks in 2015, but was the only venue among the top 20 to see attendance drop in 2015, according to the latest annual visitor report from the Themed Entertainment Association and consulting firm AECOM.
San Diego drugmaker Orexigen Therapeutics Inc. announced May 27 that Dr. Eckard Weber, the company’s co-founder and former chairman, has resigned from the board of directors.
The Oakland-based Regents of the University of California, which oversees the statewide public university system that includes UC San Diego, has acquired a five-building office campus at Torrey Pines for approximately $134.1 million, according to CoStar Group and public data.
Burke Real Estate Group of Costa Mesa has purchased a 3.1-acre land parcel in Carlsbad for $2.9 million, with plans to develop a two-story creative office building, according to brokerage firm CBRE Group Inc.
San Diego-based Pirch, known for its showrooms with live demonstrations of upscale home furnishings and fixtures, recently opened a location in SoHo.
The U.S. Navy awarded BAE Systems San Diego Ship Repair a $40.7 million contract for dry dock work on the guided missile destroyer USS Paul Hamilton. The work, which the Navy calls an extended dry-docking selected restricted availability, will include maintenance, modernization and repair.
Phoenix House California named Shawna Morris its executive director over the nonprofit's California locations, including Phoenix House San Diego.
Carlsbad golf equipment maker Callaway Golf Co. said on May 26 that it has invested in Junior.Golf, a technology business based in Austin, Texas.
S&P Global Ratings has upgraded the San Diego County Water Authority’s senior lien credit rating to AAA, the San Diego County Water Authority said.
Irvine Company’s office property division has opened its new three-story Eastgate Summit at University Towne Center, and has construction underway on a nearby building called Eastgate Terrace. The projects represent a total investment of more than $50 million by the Newport Beach-based company.
Mason-McDuffie Mortgage Corp., a privately held mortgage banking firm headquartered in San Ramon, is opening an office in La Jolla.
Fowler Property Acquisitions LLC of Newport Beach has acquired Hotel Metro, in downtown San Diego’s East Village, for $6.1 million. Plans call for redeveloping the property into market-rate studio apartments, according to brokerage firm CBRE Group Inc.
The U.S. Department of Justice on Wednesday announced that it has filed a Medicare-fraud lawsuit against Prime Healthcare Services Inc. of Ontario, which owns Alvarado Hospital in San Diego, where a whistleblower complaint initiated an investigation.
Solana Beach-based Seismic said on May 25 that it raised $40 million in a series C round led by General Atlantic.
The Jackie Robinson Family YMCA celebrated the groundbreaking of its new $31.5 million, 50,000-square-foot community center in southeastern San Diego on May 20.
Santa Margarita Properties I LLC, operating in San Diego and Laguna Hills, has purchased a six-unit apartment complex in Pacific Beach for approximately $2.39 million, according to brokerage firm Apartment Consultants Inc. (ACI).
A salary of $104,486 is needed to buy a home in San Diego where the median price sits at $554,300, according to a study by HSH.com, a mortgage information site, which looked at data from the first quarter of 2016.