Stories for September 2018

Sunday, September 30

SDBJ INSIDER - Golf Cart Leader: Not So Fast On Slow-Speed Law

San Marcos-based Cart Mart Inc. has been in the slow-vehicle space since 1959, and owner Brian Rott has diversified its offerings from golf carts to on-campus electric vehicles and expanded the service area to include Orange County, the Coachella Valley and Los Angeles County.

Tease photo

Careful Approach to CBD Sales Paying Off

CANNABIS: Products Tested; Co. Also Working on New Drug

CV Sciences has emerged as a major player of a burgeoning corner of the cannabis industry: hemp-derived cannabidiol.

Tease photo

Downtown Ritz Carlton Project Resumed

Construction to start in mid-2019.

Ra Medical Raises $66.3M in Trading Debut

Carlsbad’s Ra Medical Systems became a public company on Sept. 27, raising $66.3 million.

Westcore Properties Sells Riverside Airport Property

Property is at the former March Air Force Base.

Tease photo

Big S.D. Software Co. Acquires Worker’s Comp Business

Mitchell International Inc. has entered a definitive merger agreement with Wayne, Pennsylvania-based Genex Services.

North County's Newland Sierra Project Moving Ahead

Board of Supervisors approved the project in a 4-0 vote

Jim Cable Takes Helm at PSemi

PSemi, the business formerly known as Peregrine Semiconductor, announced that former CEO Jim Cable will take the role of pro tem CEO. He succeeds Stefan Wolff, who will remain as a strategic adviser until December.

NASA, General Atomics to Look Down on Air Pollution

NASA has awarded General Atomics a $38.5 million contract to host a NASA instrument on a GA Electromagnetic Systems Group satellite, which is scheduled for launch in 2022.

Business Events Calendar for Week of October 1, 2018

Business events scheduled in the county for the week of Oct. 1, and beyond.

Home Provides a Classic, Coastal Southern California Setting

It is the perfect late summer California afternoon, sunny, with a light breeze coming off the ocean just a few miles away.

Tease photo

See Your Favorite Bands

San Diego-based Pura Vida Bracelets, which sells jewelry handcrafted by more than 350 artisans on the ground in Costa Rica, India and El Salvador, leased a 5,500 square foot space in La Jolla for its new headquarters in early September. The office, located on the fourth floor of the five-story building at 7979 Ivanhoe Ave., will open in the first quarter of 2019.

Tease photo

Aeromexico, La Compagnie Choose Viasat Wi-Fi

Viasat announced new customers for its in-flight satellite internet service, which provides Wi-Fi to airline passengers.

Cubic Collects $22M Transportation Contract

Cubic Corp. said it received a $22 million contract to upgrade the fare collection system of a current client, the Los Angeles County Metropolitan Transportation Authority. The agency, also called Metro, uses a smart card called TAP.

Cos. Partner for In-Home 5G Broadband Service

Mira Mesa-based Inseego Corp. is supplying the wireless routers for Verizon’s in-home 5G broadband service. Financial terms of the relationship, announced Sept. 13, were not disclosed.

Tease photo

Life Sciences Reporter's Notebook: Life Sciences Loads Up on VC Dollars

In San Diego, life sciences dominates in early-stage investment. Looking at 2017 through this September — a 19-month period — San Diego-based life sciences companies pulled in $2.73 billion in venture capital, according to a recently released snapshot from JLL research. That represented 44.8 percent of venture capital in San Diego, more than the next three categories combined.

Tease photo

Philanthropy: Veterans Receive Canine Companions With Power to Heal

Shelter to Soldier hosted its 6th Annual “Be the Light” gala at the Hyatt Regency La Jolla at Aventine presented by Cox Communications and in partnership with Ranch & Coast Magazine and Redfearn & Associates.

Tease photo

Climate Action Takes Wrong Turn With Golf Cars

Attention those of you who text and drive in California! First, you should be ashamed of yourself, and second, you should be even more concerned because never mind the electric bikes, the scooters, and all the other congestion we live with, you will now have yet another obstacle in your already jammed roadways: golf cars.

Tease photo

Thursday, September 27

Cubic Wins $394M Bay Area Transit Deal

Continuing a winning streak in transportation, Cubic Corp. received a $394 million contract to provide the fare collection system for the San Francisco Bay Area’s transit providers. The deal runs through 2032.

Former Cooley LLP Litigators Open Boutique Firm

Drew Koning and Blake Zollar, have come together to form Koning Zollar LLP, an Encinitas-headquartered firm that focuses on commercial, employment and intellectual property disputes.

Tocagen Hires Head of Commercial Role

Tocagen, a San Diego company behind a cancer therapy that’s in a final-stage trial, is building up commercial operations.

Local Co. Offers Workers’ Compensation for Cannabis Biz

INSURANCE: Industry Has Need for Variety Of Coverage Options

Workers in California’s growing cannabis industry are now more likely to be covered by workers’ compensation insurance in case they are injured on the job, whether they work in a growing operation, a retail marijuana storefront or another position related to the production or distribution of cannabis products.

Specialty Insurance Co. Takes on The Big Risks of Disaster Coverage

When a natural disaster strikes somewhere in the United States, San Diego’s Palomar Specialty Insurance Co. is likely to be paying close attention.

Tease photo

Rady Children’s Launches Medi-Cal Pilot for Genetic Testing in Newborns

Rady Children’s Hospital recently announced its lead role in a state pilot program that will expand genome sequencing for critically ill newborns.

Quick Pitch Competition Names Top 10 Finalists

The top 10 finalists have been named for the John G. Watson Quick Pitch Competition, including a range of companies from biotechnology, social platforms and software-as-a-service.

Urban Plates Closes $38 Million Facility

The Cardiff-based company currently has 13 locations in California.

20 S.D. Cos. to Join MetroConnect Program to Boost Reach

Participants include small- and mid-sized companies in a variety of sectors, including biotech, defense, manufacturing and consumer goods. To date, 45 companies have participated in the program, generating $15 million in new export sales.

Wednesday, September 26

SDMAC Is Earning Respect as a Role Model

NONPROFIT: Group Seen as Example of Cooperation, Effectiveness

The San Diego Military Advisory Council has become a role model.

Tease photo

Patio Group to Revamp, Rename Harvest by the Patio Restaurant

It will reopen as Himmelberg’s in January 2019.

Epic Aims to ‘Revolutionize Cancer Care’

MEDICINE: Extending Lives, Cutting Waste Are Part of Goals

Epic Sciences’ pitch: greater certainty.

Tease photo

SD 500: Lifetime Laureates Honored By Junior Achievement

Chris Cramer and Michael Cunningham will be inducted as Lifetime Laureates at Junior Achievement’s 30th annual San Diego Business Hall of Fame Gala on Oct. 25 at the Fairmont Grand Del Mar.

Nominate a Female Business Leader who Excels

Nominations to recognize the local business world’s most important women business leaders are open.

GigaIO Closes $4.5M Funding Round

Carlsbad-based GigaIO Networks Inc., which is developing a novel computer architecture, received $4.5 million in its series A round. Mark IV Capital led the round, announced on Sept. 25.

Vital Therapies Lays Off 83 Employees After Clinical Trial

After halting a treatment for acute liver failure, Vital laid off 83 employees, according to a state notice.

Public Safety Software Co. To Cut 144 Workers, Close S.D. Office

CentralSquare Technologies reported changes in a state’s Employment Development Department filing.

Bumble Bee Foods Names Chief Growth Officer

Part of Bumble Bee’s growth initiatives includes a strategic transformation that will roll out over the next year.

Tuesday, September 25

Signatures to Repeal Short-Term Rentals Ordinance Verified

The petition will be presented to the San Diego City Council at its Oct. 8 meeting.

Cubic Collects $22M Transportation Contract

Cubic Corp. said it received a $22 million contract to upgrade the fare collection system of a current client, the Los Angeles County Metropolitan Transportation Authority.

Cruise Industry Finds Right Mix in San Diego

On Board With Expansion

With 916,000 passengers and nine cruise lines making calls in peak year 2008, the Port of San Diego was once considered one of the busiest homeports on the West Coast in comparison to Los Angeles, Long Beach and San Francisco, and one of the biggest in all of North America.

Tease photo

SDBJ INSIDER: ElliptiGo Seeks to Follow Success of Other Disrupters

ElliptiGo Seeks to Follow Success of Other Disrupters

Sometimes it takes a few years, or even decades, for disrupters to find the right formula to scale their consumer-facing fitness products.

Tease photo

FDA Fast-Track Designation for Cidara Therapeutics

San Diego-based Cidara Therapeutics gained fast-track status from the U.S. Food and Drug Administration for its lead drug candidate aimed at preventing invasive fungal infections, the company announced Sept. 25.

GoDaddy Buys S.D. Ecommerce Startup Plasso

Plasso founder Drew Wilson announced the sale in a Monday blog post.

Linda Vista Apartments Sold For $2.3M

Apartments were built in 1945

Tease photo

Hillcrest Apartments Sold For Nearly $2.6M

Building has 16 studio apartments

Tease photo

Irvine Co. Buys UTC Office Campus

Former Sunroad Corporate Center has three buildings

Tease photo

Monday, September 24

Medical System Wants To Be Housing Provider

HEALTH: Plans Aim to Cut Congestion, Fund Infrastructure

Long a provider of housing for university students, UC San Diego is now pushing for dwellings for employees of its medical system.

Tease photo

EDITORIAL: SDSU West Best for Region’s Long-Term Goals

SDSU West Best for Region’s Long-Term Goals

Once the Chargers bolted for Los Angeles, the SDCCU Stadium site, the largest parking lot west of the Mississippi, should have presented San Diego leaders with a clean slate for a grand visionary project we could rally around. Instead, voters face two choices of development by ballot box initiatives, and the Mission Valley site has become yet another example of how difficult it is to get projects done in San Diego.

Tease photo

Decision 2018: Mission Valley - Sports, Entertainment District At Core Of SoccerCity

As its name suggest, soccer is the big draw in the SoccerCity proposal for redeveloping the Mission Valley site of the former Qualcomm Stadium.

Tease photo

Decision 2018: Mission Valley - SDSU West Prioritizes Tech Center, Campus Expansion

San Diego State University is bursting at the seams, and a ballot measure that would give the university the right to develop the former Qualcomm Stadium site into a second campus is meant to provide what school officials said is much-needed relief.

Tease photo

Renovate America Plans Layoffs

Renovate America Inc. of Rancho Bernardo plans to lay off 83 employees by Oct. 30, according to the state Employment Development Department.

San Diego International Airport Accelerator Names First Cohort

The companies will participate in a 16-week program, ending in a presentation to the San Diego County Regional Airport Authority.

Qualcomm Plans to Lay Off 94

In the latest round of job cuts this year, Qualcomm Inc. plans to lay off 94 San Diego employees by Nov. 20.

Equillium Prepares $86M IPO

La Jolla-based Equillium intends to raise $86 million through an initial public offering, according to recently filed U.S. Securities and Exchange Commission paperwork.

Sunday, September 23

Hotel Workers Authorize Strike

Westin San Diego Gaslamp hotel targeted as part of national drive by labor union.

Coffman Specialties Gets $15.8M Defense Contract

San Diego-based Coffman Specialties Inc. received a $15.8 million task order to repair airfield pavement at March Air Reserve Base in Moreno Valley.

North Park Retail Building Sold For Nearly $4M

Two tenants lease building

Tease photo

La Jolla Vein Care Adds Space

La Jolla Vein Care – which treats vein disease and disorders – recently doubled its clinic space.

ICYMI: Ex-Illumina Leaders Form Own Cos. To Pursue Genomics Work

Kevin Gunderson was employee No. 7 of 6,000 at Illumina. He led the company’s advanced research group for almost 18 years, helping create its first $1 billion product line.

Tease photo

Business Events Calendar for Week of September 24, 2018

Business events for week of Sept. 24, 2018, and beyond.

Park 12 Getting Food and Fitness Retail Tenants

Park 12 Getting Food and Fitness Retail Tenants

Park 12, the new apartment complex with more apartments than any other in downtown San Diego, is getting closer to being its own city-within-a-city, with the addition of retail tenants.

Free History Lesson Comes With $39M Hotel Purchase

One of San Diego’s most historic hotels — the 110-year-old Glorietta Bay Inn in Coronado — has been sold for $39 million to Kamla Hotels, a hotel management and development company based in the Los Angeles suburb of Cerritos.

Tease photo

Ionis’ Huntington’s Drug Heads to Final-Stage Trial

Medications can help manage symptoms of Huntington’s disease. But invariably sufferers are robbed of mental and physical abilities.

Tease photo

For These Daring Dogs, Surfing Is a Way of Lifesaving

For These Daring Dogs, Surfing Is a Way of Lifesaving

Helen Woodward Animal Center recently held its signature beach event, the 13th Annual Surf Dog Surf-A-Thon.

Tease photo

Sempra, Activists Strike Deal for Board Change, Business Review

Sempra, Activists Strike Deal for Board Change, Business Review

Sempra Energy has signed a deal with activist investors Elliott Management Corp. and Bluescape Energy Partners LLC, agreeing to seat two new board members among other provisions.

SeaWorld and Former CEO Agree to Settle SEC Charges

SeaWorld and Former CEO Agree to Settle SEC Charges

SeaWorld Entertainment Inc and its former CEO, James Atchison, have agreed to pay more than $5 million to settle fraud charges for misleading investors about the documentary film “Blackfish,” the Securities and Exchange Commission announced Sept. 18. SeaWorld’s former vice president of communications, Frederick D. Jacobs, has agreed to settle fraud charges for his role as well.

Dive Bar Has Many Happy Hours Ahead Thanks to 2 Customers

What do you do when one of your favorite bars is in danger of being replaced by trendy apartments or condos? You buy it.

Tease photo

Innovation Title Fights Set For Connect’s Competition

The Connect accelerator program has set Nov. 29 — that’s the Thursday after Thanksgiving — as the date for naming its latest set of Most Innovative New Products.

Pioneering Service Provided To Visually Impaired at UCSD

Vision-impaired people working to navigate their way around UC San Diego now have some significant help from Aira, the San Diego startup.

Tease photo

SoloBee Recruits Customers To Be Nature’s Keepers

SoloBee Recruits Customers To Be Nature’s Keepers

Bees do a lot for humans. Roughly 90 percent of plants require pollination, and native bees pollinate nearly 75 percent of all the fruits nuts and vegetables grown in the United States.

Tease photo

Reporter's Notebook: NASSCO to Begin Work On Auxiliary Ship Orders

General Dynamics NASSCO was scheduled to begin building a series of U.S. Navy auxiliary vessels Sept. 20 at its Barrio Logan shipyard.

Tease photo

‘Boot Camp’ Gets Small Cos. Competitive For Contracts

Fifteen small defense contractors from San Diego County have been chosen to participate in the Defense Innovation Voucher program, called DIVx for short.

Life Sciences Reporter's Notebook: Heron Hoping for A Political Solution

The U.S. Senate on Sept. 17 passed bipartisan legislation to combat the opioid epidemic. For at least one San Diego biotech, a notable measure was missing.

Good Source Is Hunter, Gatherer for Institutional Food

SERVICE: Organized, Corporate Approach Applied to Food Service

More times than not, when food items are off spec based on color, size or shape, they are considered food waste and tossed in the nearest garbage can. But since 1989, Carlsbad-based Good Source Solutions has been helping to reduce the amount of food that goes to the landfills by finding homes for those visually-unappealing products at educational institutions, corrections facilities, nonprofits and hospitals.

Tease photo

Foundation Honors Those Who Help to Support Seniors

Seacrest Foundation announced that it hosted “The 211 Club Patron Recognition Party” recently to honor more than 125 generous and committed contributors.

Luxury Real Estate: ‘Amazing Kitchen’ Is Just One Ingredient of Very Special House

Willis Allen Real Estate has announced that a home in Rancho Santa Fe it recently listed and sold was selected as a winner in the 2018 HGTV Ultimate House Hunt after receiving the most votes in the Amazing Kitchens category.

Tease photo

Friday, September 21

Know Right From Wrong in Startup Programs

STARTUP: Cos. Need To Make Sure Culture, Style Are Good Match

Ecosystems of incubator and accelerator programs have sprung up in tech cities around the world in response to demand from entrepreneurs for launching pads for their endeavors.

Tease photo

Thursday, September 20

Convention Center Expansion Ballot Initiative Resurrected

Full count of petitions shows enough voters signed to qualify for the ballot

Acadia’s Stock Surges on FDA Reaffirming Drug

The U.S. Food and Drug Administration didn’t find new safety concerns after reexamining Acadia Pharmaceutical’s drug to treat hallucinations and delusions caused by Parkinson’s disease.

Alliance Healthcare Foundation Awards $2M to Local Organizations

San Diego-based Alliance Healthcare Foundation established has a new $2 million fund with the San Diego Foundation. That money will be split between the Multicultural Health Foundation and Somali Family Services.

Sempra to Sell Solar Assets for $1.54B

Sempra Energy has agreed to sell its U.S. non-utility solar energy generation assets, one wind facility and certain battery storage facilities to Consolidated Edison Inc. for $1.54 billion in cash.

Renovate America Names New CEO

Renovate America has promoted Harold Lewis from chief operating officer to CEO, effective Sept. 1. The privately held company made the announcement on Sept. 19.

AT&T Plans 5G Roll Out for San Diego in 2019

AT&T Inc. has set an early 2019 target to bring 5G mobile wireless communications to San Diego businesses and consumers.

Tease photo

Balboa Thrift’s New CEO Is Familiar With The Bank’s Chosen Route: Car Loans

Debbie Escobedo is not your stereotypical bank president.

Tease photo

J.P. Morgan Private Bank Finds Good Expansion Opportunity

FINANCE: San Diego’s Old and New Economies Still Generating Wealth

J.P. Morgan Chase & Co. sees opportunity in the land of surf culture, fish tacos and burgeoning technology businesses.

Tease photo

World TeamTennis Moves Headquarters to Carlsbad

The headquarters will be run by Chris Renner, who was named the league’s new CEO in July.

Carlsbad Office Building Sold For $2.8M

Genesis Corporate Center building is part of the Carlsbad Research Center

Tease photo

Wednesday, September 19

SeaWorld and Former CEO to Settle SEC Fraud Charges

They have agreed to pay more than $5 million.

Bloomberg: Qualcomm CEO in Line for Raise

Qualcomm Inc.'s board is about to give CEO Steve Mollenkopf a raise because of the way his team has navigated through recent challenges, according to a Sept. 19 report from Bloomberg News.

Westcore Properties Buys Moorpark Industrial Building

Purchase included building and vacant land

Tease photo

Sycuan to Hire More Than 700 Workers

The positions are for the casino's hotel and resort expansion.

Life Sciences Reporter's Notebook: Clearity Marks 10 Years in Ovarian Cancer Fight

Laura Shawver — perhaps best known as the CEO of Synthorx — launched the Clearity Foundation after her own experience with ovarian cancer.

Tease photo

SD 500 Update: Dankberg Earns Hall of Fame Recognition

Mark Dankberg will be inducted in the Connect Entrepreneur Hall of Fame at the organization’s 31st annual Most Innovative New Product Awards on Nov. 29 at the Hyatt Regency La Jolla at Aventine.

Tease photo

San Diego Company Buys Philadelphia Building

Building has 18,633 square feet of space.

Tease photo

CPC Makes Sure Its Clients Don’t Get Lost in Online Crowd

SOFTWARE: Acquisition By Elite SEM Should Add To Co.’s Marketing Muscle

For Rick Backus, chief executive officer and founder of San Diego-based CPC Strategy, a little reinvention has gone a long way for his online marketing agency.

Tease photo

Co. Puts La Jolla Beach Vibe to Work Selling Apparel, Adventure

RETAIL: Co. Branches Out, While Sticking With Plan for Sustainable Brand

Fashion brands have always tried to harness the California lifestyle, but very few actually live it.

Tease photo

Mobile West Growth Shows It Can Hold the Alcohol

BREWING: Canning Co. Adds Sleeves to Its Services

When Matt Woempner wanted a change in career from the high-tech world a few years ago, he didn’t turn to his financial advisor. Instead, he tapped a couple of buddies from his soccer team for guidance.

Tease photo

Tuesday, September 18

Reuters: Qualcomm to Add 2 Board Members

Moving on from two thwarted M&A deals, Qualcomm Inc. is preparing to appoint two new directors, Reuters reported on Sept. 18, citing unnamed sources.

Hughes Marino Names Kathryn Richman General Counsel

Richman has a background in advising and representing clients in segments like business law, risk management, research, contract law, state and federal administrative and regulatory law.

Samumed Inks Licensing Deal Worth Up To $350M

United Therapeutics Corporation gained North American licensing rights to a lung disease drug from San Diego’s Samumed in a deal announced Sept. 17.

Sempra, Activists Strike Deal for Board Change, Business Review

Sempra Energy has signed a deal with activist investors Elliott Management Corp. and Bluescape Energy Partners LLC, agreeing to seat two new board members among other provisions.

San Diego Falls in Middle of Green Rankings

PROPERTY: CRE’s Lack Of Headquarters, Smaller Buildings Hurt Score

Though San Diego may think of itself as green, the green may stem from jealousy over the performance of other cities when it comes to having environmentally sensitive office space.

Tease photo

Workers Feel Something Is Missing in Paycheck

ECONOMY: S.D. Workers No. 1 Nationally in Pay Dissatisfaction

San Diegans feel the warmth of the sun on their backs, the soothing onshore breezes and a definite lightness to their paychecks.

Tease photo

Monday, September 17

Illumina’s Progress Creates Encouraging Ecosystem for Others

In 2000, the cost to sequence a genome stood at $100 million.

Tease photo

S.D. Named 10th Most Fun City in America by WalletHub

The company compared 182 U.S. cities based on 65 key metrics, including movie costs, open hours of breweries and fitness centers per capita.

Qualcomm Takes on $53B Counterfeiting Problem

Taking a step against counterfeiters and cheats, Qualcomm Inc. has produced software to identify counterfeit, illegal and stolen mobile devices, making it freely available.

ViaCyte Set to Receive $15M in Diabetes Collaboration

ViaCyte, a San Diego stem cell therapy biotech, has teamed up with a Massachusetts gene-editing company to take on diseases like diabetes.

Plant Power Fast Food Taps a Hunger for Change

DINING: Plant-Based Cuisine Aims to Transform Typical Menu and the World

When Jeffrey Harris launched Plant Power Fast Food, the San Diego-based, GMO-free, plant-based restaurant chain, in 2015, his idea was not to cater to vegans and/or vegetarians — although they are surely welcome — but to offer a healthier alternative to omnivores in a space where it can have the most amount of impact on the most amount of people possible.

Tease photo

Amazon, Walmart Labs Need Local Tech Talent

WORKFORCE: Cos.’ Presence Could Bring Bigger Changes

The scramble for technology talent in San Diego is entering a new stage as two mammoth companies have announced plans to dramatically increase hiring.

Tease photo

Sunday, September 16

Sherpa Clinical Packaging Acquired

San Diego-based Sherpa Clinical Packaging has been acquired by PCI Pharma Services under a deal announced Sept. 11 in which terms were not disclosed.

Maravai LifeSciences Leases Sorrento Valley Building Space

Company expanding San Diego operations.

Tease photo

Goodwill Industries Unveils Community Employment Center

Partners with Civic San Diego.

SANDAG Names New Executive Director

The San Diego Association of Governments has appointed Hasan Ikhrata as its new executive director.

Homegrown Meats Goes National With Whole Foods Market

The San Diego-based grass-fed and grass-finished beef jerky producer, will debut four of its flavors through Whole Foods Market stores nationwide.

RQ Construction Receives SEAL Campus Work

The U.S. Navy awarded RQ Construction LLC of Carlsbad a $63.6 million firm fixed-price contract to design and build facilities at the Naval Special Warfare Coastal Campus at Coronado.

Business Calendar for Week of September 17, 2018

Business events planned in the county

Encinitas Apartment Buildings Sold For $10M

Buildings have 12 apartments each.

Tease photo

Friday, September 14

Sorrento Mesa Center Sold For Undisclosed Price

Mera Mesa Distribution Center was built in 1989

Tease photo

Thursday, September 13

Qualcomm to Buy Back $16B Worth of Shares

Shares reached a 52-week high as Qualcomm Inc. announced plans to buy back an additional $16 billion in stock.

Vital Therapies Abandons Liver Treatment After Clinical Trial

San Diego’s Vital Therapies on Sept. 12 scrapped a cell-based therapy intended to treat acute liver failure following final-stage clinical trials, sending the company’s stock plummeting.

La Mesa Apartments Sold For Undisclosed Price

Complex has 75 apartments

Tease photo

Otay Mesa Business Parks Sold For Undisclosed Amount

Purchase includes 14 buildings in six projects

Tease photo

Fintech Smooths the Way for Both Purchases and Payments

FINANCE: Co. Gets Good Growth in Food And Beverage Space

Payment Logistics is a company that Southern Californians might encounter when they go out to their favorite eateries. Unobtrusive as it is, some 99 percent of diners will have no idea it’s there.

Tease photo

Startups Commit Equity Stake to EvoNexus

Four new startups have been accepted into the EvoNexus incubator program, and the founders of each have agreed to give the nonprofit organization a stake in their companies in exchange for participation.

Tease photo

Mixed-Use Projects Bring Starter Homes, Luxury Living

A pair of mixed use developments is taking shape in North County – a San Marcos project that includes a 103-room hotel and 191townhomes and a Carlsbad project that includes a new retail center and 125 townhomes and flats.

Tease photo

Wednesday, September 12

Film Hub to Cast Coworking in Movie and Television Roles

WORKFORCE: Studio Equipment, Sound Stages to Offer Alternative to L.A.

Coworking spaces come in many permutations, but rarely like the one a Vista father and daughter team are building in their hometown — The Film Hub with a focus on movie and television productions.

Tease photo

Defense Column Reporter's Notebook: Tour Is Step Up From Usual Bay Excursion

“You’ll get your cardio in today,” says a hard-hatted Gordon Rutherford.

Tease photo

North County Aims for Vibrant And Growing Coworking Culture

North County Aims for Vibrant And Growing Coworking Culture While Adapting to Area’s Limitations

When Brendan Foote and his colleagues at Bloc wanted to expand their coworking company, they went to Carlsbad.

Tease photo

Co., Port Partner on Kelp Aquaculture Program

ECONOMY: Eco Friendly Crop Would Sell to Chefs, Ranchers and Farmers

Early last year, Leslie Booher and Torre Polizzi, founders of Sunken Seaweed LLC., made their way down to Ensenada, Mexico, and snuck into the Offshore Mariculture Conference, all in hopes of meeting Paula Sylvia, the Port of San Diego’s program manager of aquaculture, and speak with her about their desire to help preserve kelp in California.

Tease photo

Sempra Signs BP to Fuels Storage Deal

Sempra Energy said its IEnova subsidiary signed a long-term contract with British Petroleum to provide storage space at IEnova’s proposed liquid fuels marine terminal in Baja California.

Epic Sciences Pulls in $52M Series E Round

Epic Sciences on Sept. 12 hauled in a $52 million Series E round to advance a portfolio of tests.

Otay Mesa Industrial Buildng Leased To CareFusion

Buidling 18 is in Siempre Viva Business Park

Tease photo

Bankers Hill Apartments Sold For $4.9M

Building was constructed in 1929

Tease photo

Escondido Industrial Building Sold For $3.6M

Building will be vacated by current tenant

Tease photo

Tuesday, September 11

Defense Cos. Go on Offense for Space Needs

PROPERTY: Seek Big Buildings As Climate Favors Expansion

Defense contractors have been scooping up space in San Diego County at a near record pace.

Tease photo

Vista Buildings Sold For $2.7M

Property is fully leased

Tease photo

Balmert to Lead SDMAC

The San Diego Military Advisory Council has tapped Mark Balmert to be its new executive director, effective Oct. 1, following the retirement of current Executive Director Randy Bogle.

Exagen Diagnostics Launches Blood Test for Managing Rheumatoid Arthritis

Vista-based Exagen Diagnostics launched a blood test for added insight in managing rheumatoid arthritis.

Lytx Endows UCSD Fellowship

The Lytx Graduate Fellowship for Masters of Science in Business Analytics is the first of its kind investment for the recently-launched graduate-degree program.

Tease photo

NASSCO’s New $219M Navy Contract Could Grow

The U.S. Navy has awarded General Dynamics NASSCO a $218.7 million firm fixed-price contract for shipyard work on the USS Bonhomme Richard.

CalPrivate Bank to Open El Segundo Office

San Diego-based CalPrivate Bank has received federal approval to open a location in El Segundo, where it will serve the South Bay region of Los Angeles County.

Monday, September 10

SDBJ INSIDER: Qualcomm Has Many Chips in Intel CEO Search

At least four candidates in Intel’s search for its next CEO have Qualcomm Inc. ties.

Tease photo

Co. Takes on Dementia By Making Memories

HEALTH: Tablets Bring Life Stories to Treatment

A man with dementia in a San Diego care facility uttered little. But upon holding a tablet with rotating images of his hometown of Chicago, he beamed. Words flowed.

Tease photo

Quality Painting & Wallcoverings Names New President

CEO John R. Phipps announced the appointment of Senior Vice President Colin Cronin to the post of president.

Tease photo

Glorietta Bay Inn Sold For $39M

Hotel is an historic landmark

Tease photo

Ramping up its Commercial Strategy, Halozyme Hires a CCO

Halozyme Therapeutics hired pharmaceutical veteran Benjamin Hickey as the company’s chief commercial officer, it was recently announced.

CPC Strategy Acquired by Elite SEM

San Diego-based CPC Strategy, an internet marketing company, has been acquired by New York-based digital marketing agency Elite SEM.

Martin Named Sempra Chairman

The board of directors at Sempra Energy has named CEO Jeffrey Martin chairman, effective Dec. 1.

Sunday, September 9

Startups Reporter's Notebook: UCSD Ranked 26 for Its Entrepreneurial Efforts

UC San Diego has again landed at No. 26 on Pitchbook’s annual list of the top 50 universities that are producing venture capital-backed entrepreneurs.

Tease photo

Barons Market to Open New Otay Ranch Location

The 21,000 square foot space plans to bring approximately 50 jobs to Eastlake.

New Leader, Bigger Dry Dock Working at Shipyard

A U.S. Navy career gave him a front-row seat to history. Now retired Rear Adm. David M. Thomas Jr. is tending to the fleet.

Tease photo

California Pacific Airlines Sets Nov. 1 Start Date

California Pacific Airlines announced it will begin scheduled service on out of Carlsbad on Nov. 1, with additional flights starting Nov. 15.

U.S. Government Picks Viasat for In-flight Satellite Services

The Pentagon has awarded Viasat as much as $560 million worth of work over eight years.

Business Events Calendar for Week of September 10, 2018

Business events planned in the county

Sharp Blames Actions By Agency for Its Exit of Accountable Care Organization

HEALTH: Sharp Says Moves By CMS Changed Savings to a Loss

Sharp HealthCare is considering its legal options after earlier this year withdrawing from a Medicare program in which health systems shoulder greater accountability.

Contracting Notes: LRAD to Provide Acoustic Hailing Devices to Army

Defense contracting notes, in no particular order: LRAD Corp. said Aug. 23 that it received an $11 million contract to provide acoustic hailing devices to the U.S. Army.

Grants Will Deliver Nutritious, Much-Needed Meals to Kids

The San Diego Food Funders, a funding collaborative of San Diego Grantmakers, provided grants of $356,000 to in-school and out-of-school youth meals programs in San Diego County to improve access to nutritious food for youth of all ages in low- to middle-income communities.

Tease photo

Home of The Month: At Home With Nature

Juxtaposed against the jagged, ancient edges of the sandstone cliffs of Torrey Pines Reserve in La Jolla is a residence that is an unparalleled masterpiece of shadow, light and angles.

Tease photo

$65 Million Pledged for UCSD Drug Development Partnership

A New York investment management firm has pledged $65 million to a new venture with UC San Diego to bridge the divide between basic research and clinical trials.

ResMed Files Lawsuit Over Alleged Patent Infringements

A patent dispute between ResMed and Fisher & Paykel Healthcare has escalated.

Tease photo

New Owners Were Open to Possibilities of A Garage Door

SERVICE: Small Biz Sees Steady Revenue Growth, Tries Mobile Marketing

Jerry Leone knew little about manufacturing before he sold Leone’s Building Service janitorial company and purchased San Diego-based A Garage Door for $900,000 in 2016.

Tease photo

Friday, September 7

Sempra Declares Dividends

Sempra Energy’s board of directors declared quarterly dividends for three classes of stock on Sept. 6.

Thursday, September 6

Much at Stake in S.D. Convention Center Expansion

An ophthalmology organization, a pharmacists group and an architectural and commercial lighting trade show and conference want in. They would bring tens of thousands of people with spending power of millions of dollars and a capacity to book thousands of room nights.

Tease photo

Gary and Mary West Foundation Helps Establish Not-For-Profit Generic Drug Co.

San Diego’s Gary and Mary West Foundation is helping get off the ground Civica RX, a new not-for-profit generic drug company with the goal of tackling shortages and high prices on life-saving medications.

Amazon Aims to Hire Hundreds Inc. plans to hire 300 high-tech employees in San Diego, more than doubling its technology workforce in the region.

Code Ninjas Leases Space In Poway Center

Company teaches computer coding to children.

Gossamer Lures Former Bristol-Myers Squibb Executive as CSO

San Diego-based Gossamer Bio, which in July snagged a $230 million series B round, recently announced the hire of a former executive from pharmaceutical giant Bristol-Myers Squibb.

Pura Vida Leases Headquarter Offices In La Jolla

Offices were designed by Hollander Design Group.

Tease photo

HREC Brokers New Mexico Hotel Deal

Two Hilton brand properties included in deal.

Tease photo

Industrial Building Sold For $3.8M

Property includes office space.

Tease photo

Hertzog Promoted to COO of Innovative Employee Solutions

Kara Hertzog is a third-generation employee at the San Diego-based payroll and human resources administration company.

Wednesday, September 5

Life Sciences Reporter's Notebook: Some Biotechs Find Freedom in Self-Commercialization Model

Not many biotechs in San Diego both develop drugs and commercialize them.

Tease photo

$65M Pledged for Drug Development Partnership with UC San Diego

A New York investment management firm has pledged $65 million to a new venture with UC San Diego to bridge the divide between basic research and clinical trials.

Executive Q & A: Dr. Patricio Frias, Rady Children’s Hospital

Dr. Patricio “Patrick” A. Frias’ is a physician-turned-executive, a path that helped land a new gig as the president and CEO of Rady Children’s Hospital and Health Center.

Tease photo

Artisanal Store and Its Customers Grow Together

RETAIL: From Plants To Decor, Customers Help Curate Products

On any given day, Chad Anglin starts his morning by dropping off his first- and third-graders off at Spanish immersion school before heading to one of his two retail stores.

Tease photo

JPI Building Anaheim Apartment Complex

Project will have 332 apartments

Tease photo

Sorrento Mesa Office Building Sold For $9.2M

Building is leased to EXP US Services

Tease photo

Inscripta Acquires Solana Biosciences

Inscripta has purchased Solana Biosciences, a San Diego company led by former Illumina veterans that specializes in genomics manufacturing operations.

San Diego Company Buys Arizona Apartments For $74M

Complex has 396 apartments

Tease photo

Kratos Receives Navy Radar Contract

Kratos Defense & Security Solutions Inc. said Sept. 4 that it received a U.S. Navy contract that could be worth as much as $67.5 million over five years.

Tuesday, September 4

Anderson Named San Diego Tourism Marketing District Executive Director

Colleen Anderson's first order of business is to manage the funding grant application process for fiscal year 2020, which begins in October.

Knowles to Replace Buss as Cubic’s Defense Chief

Cubic Corp. is promoting Michael Knowles to president of its Global Defense business division, as well as corporate senior vice president.

SD 500 Update: Van Zeeland Joins Illumina; Bogle Retires from SDMAC

Ashley Van Zeeland, one of the region’s rising entrepreneurial stars in the personalized medicine space, has taken a job with Illumina Inc.

Tease photo

Poway Hitches Downtown Vision to Outpost

REAL ESTATE: Project Could Spur Redevelopment

A $35 million mixed-use development on Poway Road that will include a food hall, apartments, townhomes, retail space and a fitness center is the first of what the city hopes will be many such projects to transform the thoroughfare from a row of strip shopping centers to a walkable downtown center with moderate-priced housing.

Tease photo

Peer Advising Dispute Leads to Lawsuits

LEGAL: Biz Owner Wins Against Adviser, Now Going After Vistage

Peer advising groups can be a great help to CEOs — mostly.

Lamming Named COO and President of RAR Hospitality

The hotel management group oversees 18 hotels, including the Four Points by Sheraton San Diego and Fairfield Inn & Suites in Oceanside.

ResMed Files Patent Infringement Petition Against Fisher & Paykel

San Diego-based ResMed has filed a patent infringement petition that is seeking to ban the U.S. import and sale of select breathing masks from New Zealand-based Fisher & Paykel.

University Heights Apartments Sold For $3.1M

Building has eight apartments

Tease photo

Monday, September 3

SDBJ INSIDER: Comic-Con Plants More Local Roots, And Wins Suit

A key argument to expand the San Diego Convention Center is to ensure it remains the long-term home of Comic-Con International.

Tease photo

Bots Bring Design, Data and New Possibilities To Role in Security

A former truck repair lot next to an unassuming three-bedroom on a backstreet in El Cajon has been transformed into a testing site for a two and a half foot tall, ATV-like robot that thanks to a pair of front-facing lights brings to mind the lovable Pixar character Wall-e.

Tease photo

IPO Puts Crinetics In Position to Compete

BIOTECH: Oral Drug Replaces Shot, Aims for Greater Efficacy

After early years operating on a shoestring budget, Crinetics Pharmaceuticals is flush with cash to pursue ambitious drug development plans.

Tease photo

Viasat Radio Gets NSA Approval

The National Security Agency has approved one of Viasat Inc.’s handheld military radios for use by Five Eyes partners and coalition military forces.

UCSD Ranked Among Top 50 Universities For VC-Backed Entrepreneurs

UCSD was the only local institution to make the list.

Hawaii-Based SoHa Living Opens in Carlsbad

This is the company's first outlet in San Diego County.

Business Calendar for Week of September 3, 2018

Events planned in the county.

Sunday, September 2

Beauty Brand Reports Debt Financing

Kopari Beauty has raised $4.6 million in debt financing, according to a recent filing with the U.S. Securities and Exchange Commission by parent company Koco Life LLC.

Tease photo

Competition Heats Up For Student Rideshare

School is back in session and another “Uber for kids” startup has entered the San Diego market.

Tease photo

EvoNexus Adds Cubic As Corporate Sponsor

EvoNexus has diversified the ranks of its “strategic partners” – the corporations that pay the nonprofit organization’s bills plus contribute in other ways in exchange for early looks at the companies incubating there.

Tease photo

Ionis Feels Effect of FDA’s Ruling

The U.S. Food and Drug Administration on Aug. 26 declined to approve Waylivra, a drug from Ionis Pharmaceuticals targeting an ultra-rare disease.

Vistage’s New Headquarters Is a Fit in Room, Rent and Amenities

Vistage, an executive coaching firm based in San Diego, has moved its corporate headquarters from pricey El Camino Real to roomier and more economical quarters in Mira Mesa.

Tease photo

Downtown Apartment Boom Makes Room for More Millennials

Downtown San Diego is the golden child for apartment construction in 2018, according to a report from the commercial real estate brokerage firm JLL.

Submaran’s Mission Capabilities Draw Investors

The intrepid oceangoing drone called the submaran has more funding.

Tease photo

SPAWAR Wants You, Tech Companies

SPAWAR Systems Center Pacific, the U.S. Navy lab on Point Loma, has put out a call for something new. Its uniformed and civilian staff hope to delve further into new technologies such as artificial intelligence, virtual reality and augmented reality.

Inviting Presence Makes House a Perfect Place to Entertain

The gated entry to the Spanish Revival-style home on the northwestern edge of Rancho Santa Fe winds past elegantly landscaped gardens to a circular parking area with a welcoming gated portico.

Tease photo

Gala Supports Home Start’s Mission of Protecting Children

Home Start Inc., a nonprofit child abuse prevention and treatment agency that has strengthened and developed San Diego’s families and communities since 1972, netted more than $120,000 at its 46th Annual Blue Ribbon Gala recently at the Estancia La Jolla Hotel & Spa.

Tease photo

Water Investments Fuel Our Growing Economy

While it may seem both obvious and subtle, San Diego County’s thriving $220 billion economy and quality of life is made possible by a safe and reliable water supply.

Tease photo