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Weekly Edition
Aug. 25 to Aug. 31, 2008

 
Gerding Edlen Development of Portland, Ore., is a front-runner in the competition to redevelop the San Diego Civic Center Complex downtown. A rendering of its proposed project is shown here.
Gerding Edlen Development of Portland, Ore., is a front-runner in the competition to redevelop the San Diego Civic Center Complex downtown. A rendering of its proposed project is shown here.
8/25/2008
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  Health Care - San Diego has sprouted hundreds of businesses dedicated to providing home-based care and companionship.
  Defense - Pentagon spending in San Diego County has increased an estimated 22 percent in the past three years to reach $15.5 billion, according to results of a study by a local defense contracting group released Aug. 19.
  Banking - Two more local banks are feeling the pain from the rising numbers of problem loans.
  Hospitality - Cohn Restaurant Group, which has a large footprint in the bustling Gaslamp Quarter, is now heading to other parts of the county to build on its success.
  Work Force - The fact that San Diego’s unemployment rate rose to 6.4 percent in July, its highest mark since October 1995, didn’t shock many economic observers, who say the signals for a turnaround aren’t evident.
  Energy - A local company is putting some elbow grease into saving the environment.
  Marketing - A Boston-based sports marketing firm with ties to the Red Sox plans to set up its first satellite office in San Diego.
  Retail - Shopaholic teenagers may be responsible for keeping at least one retail sector afloat this summer.
  Law - NuVasive Inc., which makes spinal devices for minimally invasive surgeries, said Aug. 19 that medical device giant Medtronic Inc. filed a patent lawsuit against several of its products.
  Public Companies - It’s been an exciting August at Charlotte Russe Holding Co., the parent of San Diego-based retailer Charlotte Russe, which specializes in apparel for young women.
  Tourism - Steve Johnson, vice president of public affairs for the San Diego Convention Center Corp., said that when the American Society of Association Executives & The Center for Association Leadership last came to town in 1999, San Diego went all out to entertain them.
  Regional Roundup - Leading off this week's compilation of news from around San Diego County: Landlords can no longer rent certain types of properties to multiple tenants under San Marcos’ “mini-dorm” ordinance that took effect Aug. 7.
  Biotech - Worries about a potential link between the diabetes drug Byetta and six reported cases of a dangerous pancreas inflammation, which resulted in two deaths, sent shares of Amylin Pharmaceuticals Inc. down 13 percent Aug. 18.
  Ted Owen - After nearly a decade of blood, sweat and tears, the city of Carlsbad and its partner, Poseidon Resources Corp., could finally raise their water glasses and cheer Aug. 6 when the California Coastal Commission finally approved all of its stipulations to allow the biggest water desalination plant in the nation to begin construction.
  Retail - Former college athlete Allison McCurdy discovered the Bar Method, a fitness center with its own signature routine she would later call an “addiction,” while visiting a friend in San Francisco.
  Week in Review - Top Business News: Aug. 15 - 21, 2008
  Technology - Distrust of electronic voting machines around the country, and a decision last summer by California Secretary of State Debra Brown to decertify machines in 39 counties, including San Diego, has left the county elections supervisor with $25 million of mothballed voting equipment.
  San Diego People - Key Hires and Promotions. Executive Spotlight: Paula Richardson
  Executive Profile - Reesey Shaw is director of the Lux Art Institute, an organization that promotes visual art through experiencing the artistic process firsthand.
  Kudos/Giving - Yvonne Larsen will be recognized as Mrs. San Diego at the San Diego Rotary Club luncheon set for Sept. 4 at the Sheraton Harbor Island East Tower.
  Real Estate - As the housing crisis drags on, the thousands of San Diego homeowners facing foreclosure are easy marks for unscrupulous “foreclosure consultants” offering to get their mortgages lowered by lenders.
  Real Estate - The highly competitive bid process to redevelop the San Diego Civic Center for the city became a bit less heated this month.
  Real Estate - Progress Report: Design is under way for the new 80,000-square-foot, two-story outpatient clinic for the U.S. Department of Veterans Affairs at Seagate Corporate Center located north of Oceanside Boulevard in Oceanside.
  Real Estate - Sales and Leases: Westcore Properties has sold Mira Oberlin Plaza, a 77,309-square-foot office building on 1.8 acres at 5880 Oberlin Drive in Sorrento Mesa.
  Commentary - What’s in a name? Your checkbook, credit card and Social Security card all hold critical information that, when placed in the wrong hands, gives thieves the tools they need to assume your identity.
  Letters - ‘Destructive’  Commentary Should State the Billing, Wage Facts More Clearly, Proposed Paid Sick Leave Bill Bad for Small Business
The Art of the Deal
  Special Report - While the number of office building sales has slowed, numerous multimillion-dollar transactions have already closed in San Diego County this year.
  Special Report - This year’s top 15 commercial property leases in San Diego County cover a combined 721,600 square feet of office space.
  Special Report - With the shift to a buyer’s market in real estate, now is a good time to be a tenant searching for office space.
  Special Report - Real Estate Profile: Jim Abbott is a licensed California real estate broker who has been selling residential property in San Diego since 1985. This year, he opened ARG Abbott Realty Group, a firm with 15 agents and employees, in downtown San Diego.

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