SD BUSINESS JOURNAL DAILY ENEWS
USO San Diego named has Arne John Nelson as its new chief executive officer.
Plano, Texas-based Monogram Residential Trust Inc. has purchased EV Lofts, a luxury apartment property in downtown San Diego’s East Village, for $83.95 million, according to CoStar Group and public data.
Carlsbad cosmetics group Colorescience announced its launch on Sephora.com October 13, further expanding its retail footprint.
Regen BioPharma Inc. announced the appointment of Harry Lander as its new president.
San Diego-based Sentek Global recently announced that it has received three U.S. Navy contracts from SPAWAR.
Qualcomm Inc. said Oct. 12 that it has agreed to sell its Vuforia business to PTC, a $1.36 billion corporation from suburban Boston.
Astute Medical Inc. has signed an agreement with a Chinese pharmaceutical firm for the distribution of its renal risk diagnostic in China. The deal also includes a $20 million investment in Astute.
A San Francisco judge on Friday gave the San Diego County Water Authority another win in its rate case against the Metropolitan Water District of Southern California, finding the MWD owed $43.4 million in prejudgment interest.
Four San Diego County apartment properties recently changed hands in separate transactions, including a 23-unit National City property that sold for approximately $3.17 million.
Fate Therapeutics Inc. announced that Scott Wolchko will succeed Dr. Christian Weyer as president and CEO following Weyer's resignation effective Nov. 30.
Calame Development Inc. of La Jolla recently acquired a Miramar life science office property for $2.53 million, according to brokerage company Newmark Grubb Knight Frank (NGKF).
REIG Construction of San Marcos recently completed a $2.8 million renovation of the 240-unit Sunterra Apartments in Oceanside, including the addition of a dog park and community area.
The parent company of SeaWorld San Diego announced that it will “review its options” after the California Coastal Commission approved the park’s $100 million Blue World expansion project on the condition that it stop breeding its captive killer whales.
Qualcomm Inc. wrapped up the week by announcing a quarterly dividend and announcing that a preliminary version of a new server platform for the data center market was available to interested customers.
Ezoic has scored a berth as one of the first Google Certified Publishing Partners.
MabVax Therapeutics Holdings, Inc., a clinical-stage cancer immunotherapy company, previously announced that it has closed its public offering of 2,500,000 shares of its common stock and warrants to purchase up to 1,250,000 shares of its common stock.
Some of the business events planned for the county for the week of October 12, 2015, and beyond.
T-Bird Restaurant Group Inc., the exclusive franchisee of the Outback Steakhouse chain in California, announced that is has been acquired by private-equity firm H.I.G. Capital LLC.
An entity recorded as Courtyard on 68th LLC of Irvine has purchased the 38-unit Courtyard on 68th apartment property, in San Diego’s College/Rolando neighborhood, for $7.6 million, according to brokerage firm ACRE Investment Real Estate Services.
Westcore Properties has purchased a Scripps Ranch industrial property for $7.3 million, with plans for an extensive renovation and rebranding, the San Diego-based company announced.