San Diego Business Journal

SD BUSINESS JOURNAL DAILY ENEWS

Architectural Foundation Issues Call for Orchids and Onions Nominations

The San Diego Architectural Foundation is accepting nominations for its 40th annual Orchids & Onions awards program, which recognizes the county’s best and worst development projects.

Kratos Receives $9.4 Million Contract

Kratos Defense & Security Solutions Inc. said it received a $9.4 million contract to provide helicopter maintenance training systems to an undisclosed customer, identified only as a major U.S. ally.

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Greg Doyle Named CEO of Leading BioSciences Inc.

Leading BioSciences Inc. has appointed Greg Doyle as its new chief executive officer.

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Cushman & Wakefield Names New Brokerage Director in San Diego

Commercial real estate services firm Cushman & Wakefield has named Nick Di Paolo as its director of brokerage in San Diego, overseeing all brokerage lines including five local offices and approximately 90 brokers.

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HCAP Partners Promotes Frank Mora

San Diego-based private equity firm HCAP Partners, formerly Huntington Capital, has promoted Frank Mora to partner, the company announced Thursday.

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Guild Mortgage Signs $10M Lease for Local Headquarters Expansion

San Diego-based Guild Mortgage Co. has signed a 10-year lease for 40,000 square feet valued at approximately $10 million, as it expands its headquarters in Kearny Mesa, according to local commercial brokers.

ViaSat Buys Land for New Texas Building

ViaSat Inc. plans to put its Texas work force in a new, 80,000-square-foot campus outside College Station, a short distance from Texas A&M University.

FAA Issues Final Rules for Commercial Drones

The Federal Aviation Administration on June 21 issued its first rules covering the commercial use of drones. The rules take effect in late August.

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Carlsbad Industrial Building Sold for $7.55 Million

Los Angeles-based Alvarez & Marshal Capital Real Estate LLC has purchased a Carlsbad industrial building for $7.55 million, according to brokerage firm Lee & Associates.

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Sorrento Mesa Office Campus Sells for $12.6 Million

BLT Enterprises of Santa Monica has acquired a two-building office campus in Sorrento Mesa for $12.6 million, the buyer announced.

Reflexion Health Raises $18 Million in Series B Financing

Reflexion Health, a San Diego digital health company, has landed $18 million in a Series B round led by inside investors, the company announced Wednesday.

Region's Economic Growth to Remain Sluggish, Report Says

Economic growth will remain sluggish for the region's small businesses, with the exception of real estate-related firms, according to an analysis by the National University System Institute for Policy Research.

COO Mark Gergen Leaving Mirati Therapeutics

Mark Gergen, the executive vice president and chief operations officer at Mirati Theraputics Inc., is stepping down, the company announced Wednesday.

Carlsbad-based Project Pie Acquired by Pieology Pizzeria

Rancho Santa Margarita-based Pieology Pizzeria has bought competitor Carlsbad-based Project Pie.

MIT Ranks Illumina World's Third-Smartest Company

A San Diego medtech giant is one of the “smartest” companies out there, according to MIT Technology Review, which Tuesday released its annual list of 50 companies that have created new markets or taken risks to disrupt an existing marketplace.

Northrop Grumman Corp. Awarded $203.6 Million Air Force Contract

The U.S. Air Force awarded Northrop Grumman Corp. a $203.6 million contract modification covering logistic services and sustainment for its high-altitude Global Hawk aircraft.

Cox Offering Free WiFi Downtown During July Events

The local regional office of Cox Communications announced that it is partnering with the City of San Diego to open Cox WiFi hotspots free to the public from July 8 to 24 in downtown San Diego.

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Swiss Carrier Edelweiss Starts Direct Flights to San Diego in 2017

Switzerland-based commercial airline Edelweiss will begin offering direct seasonal service between Zurich and San Diego in June 2017, the carrier and San Diego airport officials announced.

Boeing Co. to Perform $1.36 Million of Work in San Diego

The Boeing Co. will perform $1.36 million of aircraft logistics work in San Diego under a recently received U.S. Navy task order.

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San Francisco Firm Buys Mira Mesa Retail Center for $229 Million

San Francisco-based Stockbridge Capital Group LLC has purchased the Mira Mesa Marketplace retail center in Mira Mesa for $229 million, according to CoStar Group and public data.