San Diego Business Journal

SD BUSINESS JOURNAL DAILY ENEWS

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Walt Conwell Architects Names Partner, Rebrands

San Diego architect Walt Conwell, 74, who has had a career of more than 30 years as principal architect and owner of multiple design firms in San Diego, has brought on a new partner, Bryan Macias, 33, and renamed the firm.

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The Other Startup Cost: Paying the Emotional Price

Depression and stress don’t often come up in gatherings of young entrepreneurs, but the topic struck a chord at Startup Grind’s first meeting of the year.

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Mayor Faulconer Proposes Hotel Tax Hike to Expand Convention Center

Mayor Kevin Faulconer has proposed increasing the city’s hotel room tax via a public ballot measure in 2018, to finance a long-sought expansion of the San Diego Convention Center.

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DexCom CGM Device Is the First of Its Kind to Get Medicare, Medicaid Reimbursement

Shares of locally-based DexCom Inc. skyrocketed 26 percent January 13 following news that patients will have easier access to the medical device maker’s lead product.

Scripps Prepares to Enter HMO Market

Scripps Health is working to widen access to an HMO that now serves only its employees.

Credit Unions Have That New Car Smell

San Diegans sure love their cars — especially new ones.

GA ASI Receives $24 Million Foreign Military Sale Contract

General Atomics Aeronautical Systems Inc., the maker of unmanned military aircraft, received a $24 million delivery order for logistics support to company customers in France.

Business Calendar for Week of January 16, 2017

Some of the business events scheduled in the county for the week of January 16, 2017, and beyond.

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Ramona Apartment Complex Sells for $4 Million

Investor David Sterling of San Diego has acquired a 28-unit apartment property in Ramona for approximately $4 million, according to brokerage firm Apartment Consultants Inc. (ACI) The seller of Santa Maria Creek Apartments, at 1606 Montecito Road, was listed as CGI 1 LP of San Diego.

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RAF Pacifica Group Buys San Marcos Industrial Property for $3.75M

Encinitas-based RAF Pacifica Group has purchased a San Marcos industrial property for approximately $3.75 million, with plans to complete significant renovations, according to brokerage firm Lee & Associates.

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Faulconer Proposes Hotel Tax Hike to Expand Convention Center

Mayor Kevin Faulconer has proposed increasing the city’s hotel room tax via a public ballot measure in 2018, to finance a long-sought expansion of the San Diego Convention Center.

S.D. Credit Unions Have That New Car Smell

San Diegans sure love their cars — especially new ones.

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DexCom CGM Device Is First of Its Kind to Get Medicare, Medicaid Reimbursement

Shares of locally-based DexCom Inc. skyrocketed 26 percent January 13 following news that patients will have easier access to the medical device maker’s lead product.

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Ramona Apartment Complex Sells for $4M

Investor David Sterling of San Diego has acquired a 28-unit apartment property in Ramona for approximately $4 million, according to brokerage firm Apartment Consultants Inc. (ACI)

GA ASI Receives $24M Foreign Military Sale

General Atomics Aeronautical Systems Inc., the maker of unmanned military aircraft, received a $24 million delivery order for logistics support to company customers in France.

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RAF Pacifica Group Buys a San Marcos Industrial Property for $3.75M

Encinitas-based RAF Pacifica Group has purchased a San Marcos industrial property for approximately $3.75 million, with plans to complete significant renovations, according to brokerage firm Lee & Associates.

Vista-Based Access Biologics Sells Minority Stake for $51 Million

Local biotech Access Biologics has sold a minority stake of the company for $51 million to Barcelona-based pharmaceutical and chemical firm, Grifols.

Kleinfelder to Oversee $125 Million Oil Refinery CleanUp

Kleinfelder announced Thursday its selection by a Fortune 500 petroleum client to oversee a $125 million environmental clean-up program in New Jersey.

AnaptysBio Hires CFO, Signals Intent for IPO

San Diego biotech AnaptysBio has hired a chief financial officer and signaled to the U.S. Securities and Exchange Commission that it plans to go public.

Tridea Partners Acquired by Danish Company for $8.7 Million

San Diego business services provider Tridea Partners LLC has been acquired by the Norwell, Mass.-based subsidiary of Danish company Columbus IT.