SD BUSINESS JOURNAL DAILY ENEWS

Medical Condo Brings $11.9M In Rare Deal

Ranks as One of Highest Deals for Such a Property In San Diego

A Maryland real estate investment trust has acquired a San Marcos medical condominium unit for nearly $11.9 million in a transaction that is unusual because of its nature and the size of the deal.

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Northrop Grumman Fire Scout Ready to Fight

Unmanned Helicopter Passes the Point of Initial Operational Capability

The U.S. Navy has declared that an unmanned helicopter built by Northrop Grumman Corp. is ready for prime time.

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Bankers Hill Apartments Sold For $4M

Building will be renovated

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San Diego Startups Raised $889 Million in Q2

San Diego startups raised just over $889 million in the second quarter of 2019, a slight increase from last year.

GroGuru Names EvoNexus’ Moore To Its Board

Agtech Co. Developing Sensors to Monitor Moisture, Salinity

GroGuru, a San Diego startup building sensors for crops, named EvoNexus CEO Rory Moore to its board on July 1.

Research Reactor at GA in Demand

Torrey Pines Campus Hosts Dept. of Energy Fusion Work

Though its defense contracting businesses get more press, General Atomics was founded on atomic energy. The company still does interesting work in the field.

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Scripps Research Leading International Partnership For HIV Vaccine

NIH Division Will Provide Grant of $129 Million

An international partnership led by Scripps Research on July 10 pulled in a $129 million grant to bring a potential HIV vaccination into clinical testing.

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These San Diego Biotechs Fell Hard, But Managed to Bounce Back

Biotechs recover momentum after being written off

Once pegged as goners, San Diego life sciences companies like Neurocrine, Arena Pharmaceuticals and Tandem Diabetes Care made comebacks. Their stories shed light on how to weather an industry in which companies expand and contract like an accordion based on clinical trial results.

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PlantBased PopUP Feeds Mind & Body

Clients Want Experiences; Restaurants Get a Draw For New Customers

As San Diego continues to be touted as one of America’s top foodie cities, restauranteurs and chefs around town are staying innovative in order to keep the offerings...

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In Age of Amazon, Swap Meet Looks to Make Events Special

Goal Is to Have Event Each Month to Stop or Stabilize Revenue Decline

In the face of online retailers like ebay and Amazon and big-box retailers like Target and Walmart, San Diego’s Kobey’s Swap Meet is reinventing itself in order to stay in the game.

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Palomar, Graybill Medical Look at Possible Affliation

Graybill Medical Group and Palomar recently agreed to negotiate a formal affiliation agreement, a move that Palomar says isn’t so much about competition but nonetheless could ripple through North County’s health-care landscape.

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Illumina Expands Startup Accelerator Program to the U.K.

An Illumina program that mentors and invests in early-stage genomics companies is expanding to the U.K.

Hotel Annex Development Aims to Be Catalyst for Change

PROPERTY: Mixed-Use Even Draws the Developer To Relocate Its Office

To some, downtown San Diego’s C Street near City Hall is a sad place with boarded-up buildings where people live on the sidewalks.

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Startups Claim Slice of a Changing Medical Device Market

HEALTH: $800 Billion Market Is Expected By 2030

The news coming out of San Diego’s medical device scene usually centers on the big dogs: Dexcom, ResMed and Nuvasive.

Alliance Healthcare Foundation Hires New Executive Director

Sarah Lyman has been hired as the executive director of the Alliance Healthcare Foundation, a nonprofit that provides grants to nonprofits that boost health care access for those in need.

Woodstock’s Pizza Names New Chief Operating Officer

Woodstock’s Pizza was founded in 1978 and is co-owned by Jeff and Laura Ambrose.

National City Apartments Sold For Nearly $2M

Complex has nine apartments

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City Heights Apartments Sold For $2.2M

Complex has 11 apartments

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The Plunge’s $12M Renovation Makes a Splash

Pacifica Tapped Lusardi, Hollis Design and Jules Wilson Design

Amid much fanfare, San Diego’s landmark Plunge swimming pool reopened in Belmont Park over the July Fourth weekend after a $12 million makeover that took nearly three years to complete.

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Longfellow Continues Buying Strategy With $26 Million Research Park

A Chicago-Based Company Buys 2 Building Medical Office Campus for $90M

Life science and medical office space drew significant investment in two recent San Diego transactions.

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