SD BUSINESS JOURNAL DAILY ENEWS

Real Estate Investors Send S.D. Market Up in Rankings

San Diego CountSan Diego County is becoming ever more popular as a place for real estate investors to put their money, ranked as one of the top markets for industrial, multifamily, office and retail investment by the commercial brokerage firm CBRE.

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Construction Co. Returning To School for 3 Projects

BNBuilders has been tapped as the construction manager and general contractor on three renovation projects at the University of California San Diego totaling $17.1 million.

COMMENTARY: Future Depends on Inclusionary Growth

San Diego is poised to become an unstoppable force in the global economy. The region is home to 34 percent more STEM workers than the national average, ranks third in the U.S. for patent intensity and has the sixth highest rate of income mobility.

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Three San Diego Apartment Buildings Sold For $5M

Complexes were built in the 1970's

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La Jolla Playhouse Appoints New Managing Director

Debby Buchholz has served as the general manager since 2002 and will assume her new position starting May 1.

Tocagen Licenses Its Immunotherapy in China

Citing regulatory changes, San Diego’s Tocagen licensed its immunotherapy for commercialization in China, earning the company $16 million upfront and potentially much more.

CDC Small Business Finance to Receive SBA Award

CDC Small Business Finance has facilitated more than $13 billion in financing to more than 11,000 small businesses.

Ship Orders Put Co. On Hiring Course

DEFENSE: It Welcomes All Applicants for Career Slots

General Dynamics NASSCO is embarking on a hiring binge.

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Pot Tours Put Edibles, Education on Itinerary

TOURISM: Some Include Breweries, Pipe Production Site

Several cannabis tour companies have sprung up in San Diego County recently, filling a niche in the industry in an unexpected way.

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SD 500 update: Walshok Honored; Rippetoe Nominated For Industry Board

Items of interest about people in 2018 The San Diego 500, The Book of Influential Business Leaders:

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Developer’s Affordable Housing Projects to Fill Crucial Need

PROPERTY: Shortfall Of Affordable Homes Said to Be 142,000

San Diego County’s supply of affordable housing is about to get a big boost through new construction and renovation projects planned by the nonprofit developer National Community Renaissance.

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Office Space At A Premium

PROPERTY: Submarkets See Big Rental Rebound as Demand Heats Up Market

New construction, a thriving economy, rising construction costs and low vacancy rates have pushed office rental rates ever higher throughout much of San Diego County since 2010, when rates started rebounding from the recession.

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Skincare Startup’s Philosophy About Healing, Not Hiding

RETAIL: Aims to Keep Close Customer Connection And Affordable Prices

Molly Beane’s business model might have been seen as a little bit desperate. But just out of rehab, out of work, and almost out of money, she made her move.

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Brain Corp. Adds to Its Roster of Floor-Cleaning Machine Cos.

TECH: AI Likely To Be Necessary Part Of Cleaning Operations

Brain Corp., which makes artificial intelligence-powered navigation software that lets machines operate autonomously, has inked a deal with Tennant Co., a publicly traded Minnesota-based company that designs, sells and markets cleaning equipment worldwide.

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Parks Pick Their Strategies for Drawing Summer Visitors

TOURISM: SeaWorld Offers Thrills; Legoland Makes Hotel Stay Fun

SeaWorld, Legoland, the San Diego Zoo, and Safari Park San Diego theme parks have several new offerings lined up for the summer, peak season for these Southern California parks.

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Co.’s Nano-Ceramic Coatings for Cars Off to a Fast Start

SERVICE: Growth Rate 100 Shops a Month; New Targets Marine, Aviation

In a matter of years, Ceramic Pro has watched as its gross revenues have skyrocketed from $331,000 in 2014 to an estimated $22 million projected for this year, according to its founder and CEO Peter Diebitsch.

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Vending Machine Maker Bets You Will Select AI

RETAIL: Machines Interact With Customers, Offer Easier Payment

In the next few weeks, the ViaTouch Media (VTM) headquarters will be taking shape in the Sorrento Valley area.

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Qualcomm Announces Quarterly Dividend of 62 Cents Per Share

The dividend payout will be 9 percent higher than what shareholders have received quarterly since April of 2017.

SDBJ INSIDER: Knowledge Empowers at Marketing Firm

Kate Lobel heard from several of her millennial peers at Power Digital Marketing that while they understood the nuances and terminology of their marketing specialty, when clients shifted into discussing other areas of business they were not so comfortable.

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Frazee Road Building Sold For $33M

Building is 90.6 percent occupied

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