SD BUSINESS JOURNAL DAILY ENEWS

Holiday Bowl Canceled for 2020

Over the last decade, the Holiday Bowl has averaged $31 million in economic impact and more than 28,000 hotel room nights annual for San Diego.

Fast Growing Bhu Foods Releases New Products

FOOD: Co’s. Keto Bars to be Available in Walmart and Target Stores Nationwide

Bhu Foods, an Otay Mesa-based manufacturer of clean snacks, is flourishing. As of this month, Bhu Foods will be available in 490 Whole Foods, more than 1,500 Target locations and 900-plus Walmart stores nationwide.

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Co. Builds Platform and Marketplace for LGBTQ Community

Lips Seeks to Raise $350K Pre-Seed Round

Entrepreneur Annie Brown, has launched a social commerce startup designed for women and LGBTQ community and is raising a $350,000 pre-seed round from investors.

Student Housing a Resilient Investment

Local Investor Owns Projects at 24 Universities

Despite outbreaks of COVID-19 at some college campuses and a switch by some to online classes, student housing is proving to be one of the most resilient markets for commercial real estate, according to Frederick W. Pierce IV.

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FDA Approves Remdesivir to Treat COVID-19

The U.S. Food and Drug Administration approved its first COVID-19 treatment: Gilead Science Inc.’s antiviral drug remdesivir. The FDA and Foster City-based Gilead (Nasdaq: GILD) announced the news on Oct. 22.

Annual San Diego Beer Week Goes Online

Brewers Guild Plans Virtual Beer-and-Food Pairings, Live Stream Concert

COVID-19 isn’t stopping the San Diego Brewers Guild from bringing “hoppiness” to San Diegans.

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Westcore Buys Texas Industrial Parks

Westcore, a commercial real estate investment firm based in San Diego, has acquired a portfolio of 35 industrial buildings in three Texas cities for an undisclosed price.

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Spill the Beans Opens Second Location

Spill the Beans will offer counter service with a few tables for outdoor seating.

Kearny Mesa Townhome Apartment Complex Sold For $107M

A Kearny Mesa townhome apartment complex has been sold for $107 million. Prime Residential of San Francisco bought Agave Ridge apartments from Goldrich & Kest, a real estate investment and operating company based in Los Angeles.

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Port Finishes $24M Upgrade to 10th Avenue Marine Terminal

LOGISTICS: New Route Planned for Truck Traffic Related to Ocean Shipping

Clearing the way for a wider variety of bulk and oversize cargo, the Port of San Diego recently completed its $24 million modernization of its 10th Avenue Marine Terminal.

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Jet Training Takes Poway Co. to Idaho

PKL Services to Get Singapore Military Familiar With Aircraft

The U.S. Air Force awarded PKL Services Inc. of Poway a $13.8 million modification to a 2018 contract. Under the deal, PKL will continue to provide training on the maintenance and operations of F-15 SG jets to the Republic of Singapore Air Force.

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Carlsbad Building Sold for $2.7M

A Carlsbad industrial and research and development building has been sold for $2.7 million. SpeedHQ bought the 11,486 square-foot building at 2772 Loker Ave. from PWI Loker.

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Cedros Design District Building Sold

A Solana Beach mixed-use building that combines retail and office space has been sold for an undisclosed price. The buyer was a tenant.

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Airbnb generated nearly $700M for San Diego in 2019

The figures are based on internal Airbnb data and a 2020 survey of guests that booked a stay or activity in San Diego last year.

Dümmen Orange Relocates Mum Production

AGRICULTURE: Move to Encinitas Provides Ideal Coastal Conditions

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Sudberry Completes First of Two Buildings in Purl Complex

DEVELOPMENT: Apartments Part of Mission Valley’s Civita Project

Sudberry Properties has completed the first of two buildings that comprise its Purl apartment complex in the Civita development in Mission Valley.

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Before the Butcher Releases Affordable Plant-Based Meat Product

FOOD: ‘Mainstream’ to be Available in Stores by the End of the Year

Before the Butcher, a San Diego-based plant-based meat manufacturer, wants no American left out of the meat analogue trend.

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Creo Seeks to Commercialize

Co. Has Partnered with Genomatica, Raised $50M

San Diego-based startup Creo, an ingredient company that produces rare and novel cannabinoids, has officially launched after spending four years in research and development mode.

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Oceanside Stands Out as Suburb with Urban Feel

National Survey Ranks Cities Based on Amenities

Oceanside has been tagged by a recent national survey as the best little suburb with an urban feel in San Diego County.

TradeSun Expands Into Africa

TradeSun, a cloud-based trade finance platform, has partnered with Stanbic Bank Kenya.