San Diego Business Journal

SD BUSINESS JOURNAL DAILY ENEWS

Research Grant Helps Texas Take One More Local Company

San Diego-based Curtana Pharmaceuticals Inc. has announced that it will be relocating to Austin, Texas, following a $7.6 million grant from the Cancer Prevention and Research Institute of Texas (CPRIT) to fund the company’s lead cancer therapy.

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California Bank & Trust Expands Nixon's Role to Include Northern California

Tory Nixon, who heads up the San Diego division for California Bank & Trust, was named to oversee the bank’s Northern California division as well.

Denovo Acquires Oncology Drug From Eli Lilly

San Diego-based Denovo Biopharma LLC announced that it has acquired enzastaurin, a late-stage oncology drug, from Eli Lilly and Co.

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San Diego Firm Buys Lake Elsinore Retail Center for $33.5 Million

HELF Investments LP of San Diego has purchased Canyon Hills Marketplace, a retail center in Lake Elsinore, for $33.5 million, according to brokerage company CBRE Group Inc., which represented the buyer and seller.

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Target Plans to Open Small-Format Store in South Park

Target Corp. plans to open a location of its new small-format TargetExpress in San Diego’s South Park neighborhood in July 2015.

RQ Construction Gets $6.7 Million Navy Deal

The U.S. Navy said on Sept. 16 that it awarded Carlsbad-based RQ Construction LLC a $6.7 million task order to renovate the sterile processing department at Naval Medical Center San Diego in Balboa Park.

AT&T Makes Gains With U-Verse

AT&T said it expanded its U-verse customer base in the San Diego region by about 4,200 in July, part of an increase of 187,000 customers nationwide during the same month.

Pure Financial Advisors Passes $1 Billion Mark in Assets Managed

Pure Financial Advisors Inc., a Mission Valley based wealth management firm, said it surpassed the $1 billion mark in assets under management this year while increasing its client base to 1,200.

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Where the Catcher's Mask Meets the Wrestling Masks: Fiesta Padres

The San Diego Padres will mark Mexican Independence Day and Hispanic Heritage Month at Tuesday’s game against the Philadelphia Phillies with some Mexican-themed spectacle and celebration.

UC Regents to Consider Establishing VC Fund

The University of California Board of Regents is set to hear a proposal that would establish a multimillion-dollar venture capital fund to back startups founded on student and faculty research.

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FDA Approves Immunodeficiency Treatment From Halozyme Therapeutics And Baxter

San Diego-based Halozyme Therapeutics and Baxter International Inc. announced that the United States Food and Drug Administration approved Baxter’s subcutaneous treatment, HYQVIA, for adult patients with primary immunodeficiency.

Youngevity Announces Closing of Subsidary's Private Placement Offering

Youngevity International Inc., a Chula Vista direct marketing business of gourmet coffees and other products, said is wholly owned subsidiary, CLR Roasters, completed a previously announced $4.35 million sale of secured convertible notes and warrants for an aggregate total of $4.75 million.

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Douglas Wilson Cos. Acquires Spring Valley Development Land for $5.7 Million

San Diego-based Douglas Wilson Cos. has purchased 50 acres of land in Spring Valley for $5.7 million, with plans for development of residential and neighborhood-serving commercial components.

Opera Outreach Coming to a Neighborhood Near You

In an effort to expand its audience, the revitalized San Diego Opera, which was rescued from liquidation in April, launched a free outreach program called Opera Exposed.

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ResMed Integrates Its Sleep Apnea Monitoring With Network's Electronic Medical Records

ResMed, a San Diego-based company that develops medical devices for sleep apnea and other sleep-related breathing disorders, announced that its AirView compliance management is now connected to Fairview Health Services' Epic EHR system, enabling up to date delivery of sleep apnea patient data for use by the medical staff of Fairview, a network of hospitals and clinics throughout Minnesota.

San Diego Office of Tetra Tech gets $7.9M Navy Deal

The U.S. Navy said on Sept. 12 that it awarded the San Diego office of Tetra Tech EC a $7.9 million deal to conduct munitions clearance at the former Adak Naval Air Facility in Adak, Alaska.

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Wal-Mart Hiring 85 for Poway Store Expansion

Wal-Mart Stores Inc. plans to hire 85 new workers as part of an expansion underway at its Poway Walmart location, set for completion this fall.

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Realty Income Officials Ring Closing Bell at NYSE

Leaders of Realty Income Corp. recently rang the closing bell of the New York Stock Exchange, marking the Escondido-based company’s 20th anniversary as a publicly traded company.

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Ceremonial First Cut of Steel Made on Nassco 5 Ship Project

Mayor Kevin Faulconer made the ceremonial first cut of steel for an order of five commercial tanker ships being built in San Diego by General Dynamics Nassco.

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Emmes Completes $10M Renovation of Downtown Tower

Emmes Realty Services recently completed a $10 million renovation of 1 Columbia Place, the 27-story downtown San Diego office tower that it purchased in 2012 for approximately $135 million.