SD BUSINESS JOURNAL DAILY ENEWS
Seven Kearny Mesa properties are among 324 auto dealership buildings nationwide recently acquired by New York-based Brookfield Property Partners LP in a $4.28 billion portfolio deal, according to CoStar Group and the buyer.
NewSchool of Architecture & Design said it has been selected as the West Coast venue for World Information Architecture Day (WIAD) 2015, a global one-day event Feb. 21 that focuses on improving how digital technologies intersect with everyday life.
Mirati Therapeutics Inc., a company developing medicines for targeted oncology, announced the pricing of an underwritten public offering at $45 million.
Cubic Corp. said on Jan. 28 that it won a contract from the Defense Threat Reduction Agency that could be worth as much as $500 million over almost 10 years.
Indus Technology Inc., based in Old Town, said on Jan. 29 that it won a U.S. Navy task order that could be worth up to $61.7 million if the Navy exercises all of its options.
The Anaheim Ducks said the National Hockey League franchise will purchase the Norfolk (Virginia) Admirals of the minor league American Hockey League and relocate the team to San Diego.
An index measuring San Diego’s economy rose 1.3 percent in November, and another 0.8 percent in December, marking seven consecutive months of gains, and signaling continued growth at least through the end of this year.
Qualcomm Life Inc., the mobile health-focused subsidiary of Qualcomm Inc., announced a collaboration with the Roche Group to innovate remote monitoring and management of patients with chronic diseases.
Several San Diego County hotels recently took national honors in annual rankings and designations by prominent hospitality and travel-related organizations.
The value of San Diego County’s contracts for future construction rose 13 percent in 2014 from the prior year, topping $3.9 billion, according to the latest figures from Dodge Data & Analytics, formerly McGraw-Hill Construction.
BofI Holding Inc., parent company of BofI Federal Bank, the San Diego-based online lender, reported record fiscal 2015 second-quarter net income of $19.4 million, up 47 percent from the like quarter of fiscal 2014.
National Funding, a San Diego private small business lender, said it expanded its business to include broker services to fund loans.
Shares of Qualcomm Inc. dipped more than 9 percent into the $65 range during after-hours trading on Jan. 28 as the company reported record revenue and increased earnings for its first quarter — but decreased its revenue forecast for the second half of the year.
San Diego-based BioNano Genomics Inc., a genome-mapping device company, has raised $68.5 million in financing, according to a recent filing with the Securities and Exchange Commission.
Heitman Holdings Inc. of Anaheim is the new owner of a Carlsbad industrial building housing Oceanside Glasstile. The property at 2293 Cosmos Ct. was purchased for approximately $5.72 million, according to CoStar Group.
Car-sharing company Car2Go N.A. LLC announced Tuesday that its more than 30,000 San Diego members will have access to a new electric smart fleet starting Wednesday.
A buyer recorded as Los Altos XV LP of Anaheim has acquired Vista Retail Center in Vista for $7.5 million, according to CoStar Group and public data.
Alva Gardens LP of San Diego has purchased the 108-unit Alta San Marcos apartment property in San Marcos for $27 million, according to CoStar Group and public data.
RF Industries Ltd. said its president, Johnny Carl Walker, will now also serve as the company's chief executive officer.
The U.S. Navy tapped two San Diego businesses — BAE Systems Information Solutions Inc. and Information Systems Laboratories Inc. — to work on intelligence-exploitation and targeting systems over the next five years.