SD BUSINESS JOURNAL DAILY ENEWS

Hope-Amundson to Merge with Coffman Engineers

San Diego-based structural engineering company Hope-Amundson and Coffman Engineers have agreed to merge.

Business Calendar for September 25, 2017

Some of the business events planned in the county for the week of Sept. 25, 2017, and beyond.

Strong Summer Boosts San Diego Hotel Metrics For 2017

The San Diego region’s hotels continued to demonstrate post-recession resilience in the first eight months of 2017.

Kratos Supported Test of a U.S. Navy Anti-Missile System

Kratos Defense and Security Solutions Inc. said it supported a Sept. 7 test of a U.S. Navy anti-missile system by helping supply the stand-in for the enemy missile.

Trovagene Appoints New Board Member

San Diego biotech Trovagene Inc. has a new board member known for her expertise in the clinical development of oncology therapeutics.

X-Ray Machine Maker Buys San Marcos Industrial Property for $3.2M

San Marcos-based Creative Electron Inc., which makes X-ray machines, plans to occupy an industrial property there that it recently acquired for $3.2 million.

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S.D. and Baja Delegation to Promote Business Priorities in D.C.

A binational delegation of 160 San Diego and Baja California business leaders, community partners and elected officials, including six mayors, will travel to the nation’s capital to advocate for cross-border priorities such as trade and immigration.

LRAD Makes Interim CFO Permanent

LRAD Corp. named its interim CFO, Dennis Klahn, to the post permanently.

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TruMed Releases Automated Vaccine Management System

San Diego-based TruMed Systems has released its AccuVax vaccine system that the company says streamlines vaccine workflow, saves nurses time and protects against medical errors.

General Atomics Gets Military Contracts Worth Nearly $40M

The Pentagon announced two contract awards for General Atomics Aeronautical Systems Inc. on Sept. 20.

Mixed-Use Carlsbad Property Sells for $2.7 Million

An Encinitas buyer listed as 2659 State Partners LLC has acquired a multi-tenant office and retail property in the Carlsbad Village area for $2.7 million.

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Cox Construction Gets $17.8M U.S. Army contract

The U.S. Army awarded a $17.8 million contract to Cox Construction Co. Under the deal, the Vista-based small business will build transient training barracks at Camp Parks in Dublin, in the San Francisco Bay Area.

San Diego Apartments Sold for $2.91 Million

San Diego buyers Nick Totah and Ronnie Insalaco have acquired a 17-unit apartment property in the City Heights submarket for $2.91 million.

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Imperial Beach Apartment Complex Sells for $6.72 Million

NEJ Properties LLC of La Jolla has purchased a 38-unit apartment complex in Imperial Beach for $6.72 million.

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Orbital Acquisition Would Be a Big Addition to Northrop's S.D. Assets

Northrop Grumman Corp. stands to gain an even higher profile in San Diego if the Virginia-based company completes its $9.2 billion acquisition of Orbital ATK.

Council Vote on Permits Delays Approval of Cerullo’s Legacy Center Project

San Diego City Council has voted down zoning and related permit approvals that would have cleared the way for development of the proposed $160 million Legacy International Center in Mission Valley.

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Luna Grill Feeds Hunger for Growth with New Equity Investment

Luna Grill Restaurants LLC, the San Diego-based company that operates 38 fast-casual Mediterranean restaurants in two U.S. states, announced Sept. 18 that New York-based private equity fund PWP Growth Equity had purchased a minority stake in the company.

Reliant Funding Brand Survives After Merger

San Diego-based alternative lender Reliant Funding is the surviving brand following its merger two years ago with Long Island-based Merchants Capital Access.

Technology Drives Change Even in Parking Management

No, you can’t pay for parking with Bitcoin, at least not yet, but other things are changing in the world of parking management.

Chula Vista Apartments Sold for $6.15 Million

San Diego-based Mar Village II LLC has acquired a 35-unit apartment property in Chula Vista for $6.15 million.

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