San Diego Business Journal


Colsa Corp.'s San Diego Operation to Perform Bulk of $44.8 Million Navy Contract

Colsa Corp. of Huntsville, Ala. received a SPAWAR contract that could be worth up to $44.8 million over five years if the U.S. Navy exercises all of its options.

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Two GA-ASI Execs Named to Museum's Hall of Fame

Two executives with General Atomics Aeronautical Systems Inc. — maker of the Predator family of unmanned military aircraft — have been named to the International Air & Space Hall of Fame at the San Diego Air & Space Museum.

Jerome's Furniture to be Presenting Partner of Petco Park's Holiday Wonderland

Jerome’s Furniture has signed on as the presenting partner of the Holiday Wonderland in Petco Park, the San Diego Padres announced.

SpectraScience and JagWorldwide Enter Into Distribution Agreement

San Diego medical device maker SpectraScience Inc. announced that it has entered a distribution agreement with JagWorldwide Ltd. to introduce its products in the Middle East.

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New Science Facility Opens at Point Loma Nazarene University

Point Loma Nazarene University in San Diego has opened its recently completed new $40 million science facility, a project that included related renovations at the Christian university.

Four Local Office Properties Receive BOMA Awards

The San Diego chapter of the Building Owners and Managers Association (BOMA) recently honored operators of four local commercial office properties at its annual The Outstanding Building of the Year (TOBY) and member awards gala.

HUYA Bioscience Announces Alliance with Korea Drug Development Fund

San Diego’s HUYA Bioscience International on Monday announced a memorandum of understanding with the Korea Drug Development Fund (KDDF) to advance Korean development and commercialization of health care products for the global market, according to a news release.

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Oceanside Apartments Sold for $18.2 Million

The Apartment Co. of Encinitas has purchased the 100-unit Oceana Apartment Homes in Oceanside for $18.2 million, according to Institutional Property Advisors (IPA), a division of brokerage company Marcus & Millichap.

Human Longevity Acquires Cypher Genomics

Human Longevity, a tech-driven genomics company founded and led by pioneering geneticist J. Craig Venter, has acquired San Diego’s Cypher Genomics for an undisclosed amount.

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Court Approves Sale of 8 More Local Haggen Stores

The U.S. Bankruptcy Court has approved the sale of 47 more Haggen Inc. grocery stores in five states, including eight in San Diego County. Financial terms of separate purchase agreements involving several retailers were not immediately available.

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County’s Construction Starts Down 30 Percent in First 10 Months of 2015

San Diego County’s construction starts declined 30 percent in value from a year ago in the first 10 months of 2015, to just over $2.5 billion, according to the latest figures from Dodge Data & Analytics.

OneRoof Energy Announces $20M Loan Facility

OneRoof Energy, Inc., a residential solar services provider, announced a loan agreement with North Sky Capital’s Alliance Fund II and will provide the company a $20 million loan facility, according to a news release.

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La Mesa Apartment Community Sells for $8.9 Million

Stricker Family Partnership of San Bernardino has purchased the 45-unit The Ridge on Jackson apartment community in La Mesa for $8.9 million, according to real estate services company HFF Inc., which arranged financing for the deal.

The Business Calendar for the Week of November 30, 2015

Some of the business events planned in the county for the week of November 30, 2015, and beyond.

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Local Firm Acquires Chula Vista Medical Office Building for $4.5 Million

An entity that includes San Diego-based Douglas Wilson Cos. has acquired the Bonita View Plaza medical office building in Chula Vista for $4.5 million, the real estate services company announced

Bird Golf Academy Partners with Rams Hill Golf Club

The founders of Bird Golf Academy announced a partnership with Rams Hill Golf Club, according to a news release.

Miramar College Opening New $34M Science Building

San Diego Miramar College is opening a $34 million science building addition to its campus.

Home Prices Increased 6.6 Percent in Year Ending in September

San Diego’s home prices increased 6.6 percent in the year ending in September, according to an index measuring housing prices, continuing to exceed the average national bump.

Alastin Skincare Inc. Names New President/CEO

Alastin Skincare Inc., a specialty skin care company in Carlsbad, announced the appointment of Diane Goostree as its new president and CEO.

UCSD Awarded NASA Space Technology Research Grant

NASA has selected 15 university-led proposals, including one from the University of California, San Diego, for the study of early-stage space technology innovations, awarding as much as $500,000 each.