SD BUSINESS JOURNAL DAILY ENEWS
San Diego-based PriceSmart Inc. announced that it acquired approximately 288,580 square feet of land in Managua, Nicaragua, upon which the company plans to construct a new warehouse club.
Qualcomm Inc. reported net income of $1.05 billion, or 63 cents per share, on revenue of $6.9 billion during its second quarter, which ended March 29.
An affiliate of San Francisco-based Stockbridge Capital Group LLC has acquired a 14-building portfolio of Otay Mesa industrial properties for approximately $42.5 million, according to CoStar Group and public data.
An affiliate of Rancho Santa Fe-based Pacifica Real Estate Services Inc. has purchased the 66-unit BluWater Crossing apartment property in Carlsbad for $39.7 million, according to CoStar Group and public data.
Hughes Marino, a San Diego-based commercial real estate services provider, has opened two new offices in Northern California and announced an expansion and relocation of one of its Los Angeles offices.
General Dynamics Nassco recently launched the world’s first liquefied natural gas powered containership at a ceremony at the company’s shipyard in San Diego.
Edico Genome Inc., a La Jolla-based tech startup, announced Tuesday that it’s collaborating with Intel Corp. to speed up next-generation sequencing data analysis.
Nationwide apartment developer Alliance Residential Co. recently opened two newly built properties in San Diego – the 100-unit Broadstone Balboa Park in Bankers Hill and the 360-unit Broadstone Corsair in Kearny Mesa.
GlycoRegImmune Inc. (GRI Bio), a biotech developing treatments for inflammatory disease, recently raised $4.38 million in equity financing, according to a recent regulatory filing.
Hilton Carlsbad Oceanfront Resort & Spa is being rebranded and will officially operate as Cape Rey as of April 30.
The Pentagon announced April 21 that the U.S. Navy awarded General Dynamics Nassco a one-year, $24.2 million contract to sustain Littoral Combat Ships in the port of San Diego.
An entity recorded as Stockbridge San Diego Indl Ll has acquired an Otay Mesa industrial property for $6.5 million, according to CoStar Group and public data.
Cubic Corp. announced on April 20 that it named Jan Hamby to its board of directors.
DJO Global Inc., a medical device company in San Diego, announced Monday the financial results for its public reporting subsidiary, DJO Finance LLC, for the 2015 first quarter.
Nordic Naturals Inc. of Watsonville has purchased a Vista industrial building for approximately $5.9 million, according to CoStar Group and public data.
Military communications and cyber security take center stage during the C4ISR Symposium, set for April 27-29 at the Liberty Station Conference Center in Point Loma.
The city of San Diego has hired investment banker Citigroup Inc. and law firm Nixon Peabody LLP to help local officials develop financing options for a potential new San Diego Chargers stadium.
San Diego placed fifth in the latest annual report by commercial real estate services provider Marcus & Millichap Inc., ranking the nation’s strongest retail property markets.
Eighteen San Diego County businesses will receive $20.24 million in state tax credits through the governor’s Office of Business and Economic Development (GO-Biz) for creating 4,311 new jobs.
Trovagene Inc., a cell-free molecular diagnostic company, announced that recent clinical data showed its urine-based Precision Cancer Monitoring platform outperformed traditional tissue biopsy for the detection and monitoring of specific mutations in metastatic lung cancer patients.