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Imperial Beach Resort LLC has purchased an Imperial Beach parcel for $5.5 million, with plans to develop a 79-room boutique hotel, according to brokerage company Lee & Associates, which handled the transaction.
Teradata Corp., an Ohio-based public company with about 1,000 employees in Rancho Bernardo, said it completed the acquisition of RainStor, a business specializing in online big data archiving.
San Diego-based EdgeWave Inc., which makes cyber security software, said on Dec. 17 that three investors contributed $2 million more to the company’s series A funding round. EdgeWave is pulling together funds to expand the company.
Red O, an upscale restaurant with Mexican-style cuisine led by celebrity chef Rick Bayless, plans a 2016 opening at Irvine Co.’s The Plaza office campus in University Towne Center.
A Business Outlook Index for San Diego, a measure of local business confidence prepared for the San Diego Regional Chamber of Commerce, increased 2 points in November over the prior month to 26.8, led by a hefty rise from businesses in the cyber security industry.
The Carlsbad City Council has approved a ground lease agreement clearing the way for a 150-room expansion of the 250-room Sheraton Carlsbad Resort & Spa on city-owned property adjacent to the municipal golf course.
Sempra Energy, the holding company for San Diego Gas & Electric and other subsidiaries, said its board of directors declared a quarterly dividend of 66 cents per share of common stock.
DB Networks, a Carlsbad provider of cyber security for computer networks, said it obtained $17 million in new financing led by Grotech Ventures of Vienna, Va.
University of San Diego’s School of Business Administration has named Stath Karras as the new executive director of the school’s Burnham-Moores Center for Real Estate, effective Jan. 19.
Veterans Village of San Diego is nationally recognized as an organization that successfully serves homeless veterans.
The Lodge at Torrey Pines in La Jolla was recently ranked as the top business hotel in the San Diego market, in an annual reader survey conducted by the magazine Travel + Leisure.
Mitchell International Inc., the San Diego provider of software serving the auto insurance and auto repair industries, said it agreed to acquire Cogent Works, a Utah-based business that specializes in processing property and casualty pharmacy prescription claims.
PriceSmart Inc., the San Diego operator of warehouse club stores in Latin America and the Caribbean, said the company opened its sixth warehouse store in Colombia in the city of Medellin last month.
GREEN: As Costs Plummet, Noble Sees Growing Uses for Innovative Building Material
A San Diego based company has turned cardboard, dryer lint, paper — and occasionally even cow pies — into a building material that is lighter and more versatile than its wood, plastic and aluminum predecessors.
National University, the second-largest private, nonprofit university in California, has been named the City of San Diego’s Preferred Employee Education Program Partner and is providing scholarship opportunities to the city’s 10,000 employees.