SD BUSINESS JOURNAL DAILY ENEWS
A private client of Irvine-based Brighton Management has purchased the 419-room Crowne Plaza Hanalei hotel in Mission Valley for an undisclosed price, according to brokerage firm CBRE Group Inc.
Computer storage specialist ScaleMatrix, a local startup that’s grown rapidly in the last few years, is opening a startup accelerator and coworking space for life science and technology companies.
The U.S. Navy said Dec. 5 that it placed a $9.6 million software order with Northrop Grumman Corp.
Local science technology giant Illumina Inc. has announced the expansion of its senior leadership team with the appointment of Sam A. Samad.
Qualcomm Inc. said it demonstrated its first processor for data centers in a move interpreted as a challenge to rival processor-maker Intel Corp. (Nasdaq: INTC). Qualcomm (Nasdaq: QCOM) added that it was distributing samples of its Centriq 2400 server processor to potential industry partners.
SeaWorld San Diego is laying off 60 workers, as part of 320 nationwide job cuts announced Dec. 6 by its Florida-based parent firm, SeaWorld Entertainment Inc.
Despite a hiring surge in health care and gains in hospitality, job growth in San Diego County will slow next year as the area’s high cost of living limits the inflow of job-seekers, according to a new report by Los Angeles-based Beacon Economics LLC.
Commercial real estate services firm CBRE Group Inc. plans to move its central San Diego office in University Towne Center to the Westfield UTC mall, which is currently undergoing a $585 million renovation and expansion by owner Westfield Corp.
Power plant operator Calpine Corp. has acquired San Diego-based Noble Americas Energy Solutions LLC, one of the nation’s leading energy retailers.
Operators are nearing completion of a $13 million revamp of downtown San Diego’s The US Grant hotel, which included an update of its lobby, meeting and wedding venues, fitness center and all 270 guest rooms.
San Diego-based Anderson Audio Visual has been acquired by Tampa, Fla.-based AVI-SPL.
A San Diego buyer recorded as Rodney R. Starkey A Trust has acquired a Sorrento Mesa industrial building for $7 million, according to brokerage firm Marcus & Millichap.
San Diego-based engineering and manufacturing firm Quartus Engineering Inc., which works with the aerospace, defense and optical industries, recently relocated its corporate headquarters, offices and manufacturing space to a new 47,000-square-foot facility in University Towne Center.
San Diego drugmaker Otonomy Inc. is bringing on a new chief scientific officer with the appointment of Kathie M. Bishop.
Arcturus Therapeutics, a biotech upstart in San Diego, is collaborating with global pharmaceutical giant Takeda Pharmaceuticals to develop therapies for fatty liver disease.
Gimbal, a tech business that was spun out of Qualcomm Inc. in 2014, has been sold to a Santa Monica business called The Mobile Majority.
The value of San Diego County’s construction starts rose 29 percent from a year ago in the first 10 months of 2016, topping $3.61 billion, according to the latest monthly figures from Dodge Data & Analytics.
San Diego-based Innovative Industrial Properties Inc., a new investment company focused on medical-use cannabis facilities, plans a Dec. 6 close on a $67 million initial public offering of common stock that began on Dec. 1.
The Defense Department buys big-ticket items, but sometimes it concentrates on the very small.
Mark Casady, CEO of LPL Financial LLC, a custodian for registered investment advisors, and a wholly owned subsidiary of LPL Financial Holdings Inc., will retire Jan. 3, the company announced Dec. 5.