San Diego Business Journal

SD BUSINESS JOURNAL DAILY ENEWS

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Local Firm Purchases Scripps Ranch Office Property for $19.75 Million

San Diego-based Cypress Office Properties LLC has purchased the Willow Creek Corporate Center office building in Scripps Ranch for $19.75 million, according to brokerage company JLL.

San Diego-based Cue Partners With Johnson & Johnson for Portable HIV Viral Load Test

Johnson & Johnson has partnered with San Diego-based Cue to develop a cheap, portable and Internet-enabled HIV test.

Two La Jolla Buildings Part of $86.6 Million Portfolio Deal

Two La Jolla properties are among 13 retail and office buildings acquired in a multistate, $86.6 million portfolio deal by an affiliate of New York- based Lone Star Americas Acquisitions LLC, according to CoStar Group and public data.

Turtle Beach Corp. Sells $6.7M Worth of Shares in Offerings

Video game headset maker Turtle Beach Corp. on Feb. 5 said it sold $6.7 million worth of shares this week, using the proceeds to shore up its working capital line of credit.

The Business Calendar for the Week of February 8, 2016

Some of the business events scheduled in the county for the week of February 8, 2016, and beyond.

National University and UC San Diego Extension Announce Partnership for Sustainability Education

National University and University of California, San Diego Extension are introducing a partnership that offers students pathways to pursue studies in the growing field of sustainability management, the schools announced.

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CH Projects to Open New Steakhouse in Little Italy

San Diego-based hospitality venue operator CH Projects plans to open a new Little Italy steakhouse called Born & Raised in late summer of 2016. The venue will debut at 1909 India St. after a $2.5 million renovation of the building that is currently underway.

Aethlon Medical Inc. Reports Q3 Results

Aethlon Medical Inc., a company that makes a blood-filtering device to treat infectious disease and cancer, reported financial results for its fiscal 2016 third quarter.

PriceSmart Sales Increase 3.3% in January

PriceSmart Inc. said its net sales rose 3.3 percent in January compared with last year, despite foreign currency devaluations harming sales at it Colombian stores.

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Chairmen’s RoundTable Elects Thiel as Board Chairman

The Chairmen’s RoundTable, a San Diego nonprofit organization that provides pro-bono mentoring to CEOs of private businesses in the region, announced that it has elected Paul Thiel as its chairman.

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Two La Jolla Buildings Are Part of $86.6 Million Portfolio Deal

Two La Jolla properties are among 13 retail and office buildings acquired in a multistate, $86.6 million portfolio deal by an affiliate of New York- based Lone Star Americas Acquisitions LLC, according to CoStar Group and public data.

Business Calendar for Week of February 8, 2016

Some of the business events scheduled in the county for the week of Feb. 8, 2016, and beyond

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CH Projects Opening New Steakhouse in Little Italy

San Diego-based hospitality venue operator CH Projects plans to open a new Little Italy steakhouse called Born & Raised in late summer of 2016. The venue will debut at 1909 India St. after a $2.5 million renovation of the building that is currently underway.

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Local Firm Buys Scripps Ranch Office Property for $19.75 Million

San Diego-based Cypress Office Properties LLC has purchased the Willow Creek Corporate Center office building in Scripps Ranch for $19.75 million, according to brokerage company JLL.

Turtle Beach Raises $6.2M in Stock Offerings

Video game headset maker Turtle Beach Corp. on Feb. 5 said it sold $6.7 million worth of shares this week, using the proceeds to shore up its working capital line of credit.

Aethlon Medical Reports Q3 Results

Aethlon Medical Inc., a company that makes a blood-filtering device to treat infectious disease and cancer, reported financial results for its fiscal 2016 third quarter.

Tech Company Aira.IO Raises $2.5 Million in Series A Financing

Health tech company Aira.IO announced Thursday that it has raised $2.5 million in a Series A round of financing.

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Jerry Sanders Contract With Chamber Extended to 2020

Jerry Sanders will remain president and CEO of the San Diego Regional Chamber of Commerce through 2020, the organization announced. The former San Diego mayor’s current contract was set to expire at the end of 2017.

San Marcos Company's Carts Super Bowl-Bound

If any players wind up injured at this weekend’s Super Bowl, it may be a local distributor’s golf carts whisking them off the field.

Cancer Researcher Awarded Seven-Year, $7.9 Million Grant

A cancer researcher at Sanford Burnham Prebys Medical Discovery Institute (SBP) has received a seven-year, $7.9 million grant to advance his cancer research.