SD BUSINESS JOURNAL DAILY ENEWS
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.
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.
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.
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. OPKO Health participated in the financing and was one of the largest investors in the round.
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.
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.
San Diego-headquartered BioMed Realty Trust Inc. has entered into an agreement to be acquired by affiliates of New York-based Blackstone Group, in an all-cash transaction valued at $8 billion, amounting to $23.75 per share.
Short-term vacation rentals booked in San Diego through home-sharing sites including Airbnb had an economic impact of $285 million in the city during the past year, according to a newly released report by locally based National University System Institute for Policy Research.
A business that seeks to provide clients with several seconds of advance notice when an earthquake strikes is expanding in Southern California by buying capacity on a local scientific radio communications network.
AMN Healthcare Services Inc. has acquired MillicanSolutions, a physician and executive leadership search firm focused academic medical centers and children’s hospitals.
BioNano Genomics announced Oct. 8 that it has entered a research collaboration with the University of California, Los Angeles.
Irvine-based Plaza Bank has opened a regional business center in San Diego, the first significant physical presence for the small-business-focused bank.
Sales of San Diego single-family homes dropped 5 percent in September compared to the previous year, with 1,822 sales recorded, according to the Greater San Diego Association of Realtors.
BAE Systems San Diego Ship Repair received two contracts collectively worth more than $100 million to cover shipyard work for two U.S. Navy workhorses: a cruiser and a destroyer.
Realty Income Corp. raised total net proceeds of approximately $517 million from its public offering of common stock that closed on Oct. 7, the San Diego-based company reported.
Investment firm Pacific Current Partners of Orange County has acquired Oceanside RV Park in Oceanside for $9.7 million, the company announced.
General Atomics Aeronautical Systems Inc. received two aircraft contracts from the U.S. Army at the end of September.
San Diego’s agricultural output dropped slightly last year, falling about 2 percent to $1.82 billion, county officials said Wednesday.
Scripps Health and Pioneers Memorial Healthcare District have entered into an affiliation agreement, signed Tuesday at a ceremony at Pioneers Memorial Hospital in Brawley. The two-year agreement marks the first hospital affiliation for Scripps outside of San Diego County.