San Diego Business Journal


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Two La Jolla Buildings Are Part of $86.6 Million Portfolio Deal

Two La Jolla properties are among 13 retail and office buildings acquired in a multistate, $86.6 million portfolio deal by an affiliate of New York- based Lone Star Americas Acquisitions LLC, according to CoStar Group and public data.

Business Calendar for Week of February 8, 2016

Some of the business events scheduled in the county for the week of Feb. 8, 2016, and beyond

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CH Projects Opening New Steakhouse in Little Italy

San Diego-based hospitality venue operator CH Projects plans to open a new Little Italy steakhouse called Born & Raised in late summer of 2016. The venue will debut at 1909 India St. after a $2.5 million renovation of the building that is currently underway.

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Local Firm Buys Scripps Ranch Office Property for $19.75 Million

San Diego-based Cypress Office Properties LLC has purchased the Willow Creek Corporate Center office building in Scripps Ranch for $19.75 million, according to brokerage company JLL.

Turtle Beach Raises $6.2M in Stock Offerings

Video game headset maker Turtle Beach Corp. on Feb. 5 said it sold $6.7 million worth of shares this week, using the proceeds to shore up its working capital line of credit.

Aethlon Medical Reports Q3 Results

Aethlon Medical Inc., a company that makes a blood-filtering device to treat infectious disease and cancer, reported financial results for its fiscal 2016 third quarter.

Tech Company Aira.IO Raises $2.5 Million in Series A Financing

Health tech company Aira.IO announced Thursday that it has raised $2.5 million in a Series A round of financing.

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Jerry Sanders Contract With Chamber Extended to 2020

Jerry Sanders will remain president and CEO of the San Diego Regional Chamber of Commerce through 2020, the organization announced. The former San Diego mayor’s current contract was set to expire at the end of 2017.

San Marcos Company's Carts Super Bowl-Bound

If any players wind up injured at this weekend’s Super Bowl, it may be a local distributor’s golf carts whisking them off the field.

Cancer Researcher Awarded Seven-Year, $7.9 Million Grant

A cancer researcher at Sanford Burnham Prebys Medical Discovery Institute (SBP) has received a seven-year, $7.9 million grant to advance his cancer research.

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July Opening Planned for Tony Gwynn Museum in Miramar

Operators plan a July opening for a new museum now under construction in Miramar, honoring the late San Diego Padres Hall-of-Famer Tony Gwynn.

S.D. Economy Showing Modest Growth, Index Finds

An index tracking San Diego’s economic health rose in November and December, marking three consecutive months of modest growth after a gloomy summer.

Local Tech Company Zeeto Expands into New York

Zeeto, a software-as-a-service company downtown, recently opened offices in Manhattan’s Union Square district.

Amazon Adds Beer and Wine to Local Delivery Offerings

Amazon Inc. has extended its Prime Now services in San Diego to include one-hour delivery of beer, wine and spirits, the Seattle-based company announced.

Abacus Data Systems Names Major G. Horton CFO

Abacus Data Systems Inc. announced that it had appointed Major G. Horton to be its chief financial officer.

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Teledyne Instruments Signs $22 Million Lease for Scripps Ranch Expansion

Teledyne Instruments Inc., which makes measurement and monitoring devices used in manufacturing, has signed a 10-year lease valued at more than $22 million for two buildings in Scripps Ranch, according to brokerage company CBRE Group Inc.

Lilac Hills Project Could Go Before Voters in November

North County supporters have filed paperwork with the county for an initiative petition drive, with the aim of placing the proposed 1,700-home Lilac Hills Ranch development on the November 2016 ballot.

Becton, Dickinson to Grow Presence in Region

After gobbling up San Diego’s CareFusion in a $12.2 billion deal last year, global medical equipment supplier Becton, Dickinson and Co. has decided to maintain (even grow) its presence in San Diego.

ServiceChannel Acquires Big Sky Technologies

ServiceChannel, a facilities management software and contractor sourcing platform, announced Feb. 3 its acquisition of San Diego-based Big Sky Technologies, Inc.

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Reading Cinemas Closes Gaslamp Quarter Location

Reading Cinemas has closed its 15-screen movie theater in the Gaslamp Quarter, after eight years in operation at 701 Fifth Ave.