San Diego Business Journal

SD BUSINESS JOURNAL DAILY ENEWS

Business Calendar for Week of Sept. 29, 2014

Some of the events scheduled in the county for the week of Sept. 29, 2014.

Partnership Plans $26 Million Industrial Park Project in Oceanside

Developer McDonald Property Group of Newport Beach has joined in a partnership to develop a 15.8-acre, $26 million industrial project in Oceanside.

Judge Tosses Out NuVasive Inc.'s 'Neurovision' Trademarks

A California federal judge on Sept. 24 canceled trademark registrations held by San Diego-based NuVasive Inc., a company developing medical devices for spine disorders, for the word “neurovision” after the company was found to have infringed its rival Neurovision Medical Products Inc.'s trademarks.

Lucia Capital Group Acquires Montecito Firm

Lucia Capital Group, a San Diego wealth management firm whose principals include Ray Lucia Jr. and Joe Lucia, the son and nephew of longtime local financial advisor Ray Lucia, said it acquired West Coast Asset Management of Montecito, an advisory firm that manages about $170 million in assets.

Honor the Dynamic Women of Your Company — Nomination Deadline Extended

The San Diego Business Journal is now accepting nominations for the 2014 Women Who Mean Business Awards, which recognizes the top women business leaders who have made a difference to San Diego’s businesses and organizations.

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Carlsbad Property Housing TaylorMade Headquarters Sells for $23.5 Million

Regent Properties of Los Angeles has purchased a two-building Carlsbad property that includes the headquarters building of golf equipment maker TaylorMade-adidas for approximately $23.5 million, according to brokerage company Cassidy Turley.

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Rubio’s Remodeling, Rebranding Some of its Restaurants

Carlsbad-based Rubio’s Restaurants Inc. plans a redesign of 60 of its California restaurants, with a rebranding of those locations under the name Rubio’s Coastal Grill.

San Diego-based Axesstel Acquires Flexcomm

Axesstel, a San Diego provider of telecommunications equipment, said it acquired Flexcomm Ltd., a Hong Kong based provider of wired and wireless routers and modems, in a deal that entailed Axesstel issuing 25 million shares of its common stock to Flexcomm stockholders.

BAE Systems Awarded $35.3M Navy Contract for Destroyer Work

The U.S. Navy awarded BAE Systems San Diego Ship Repair a $35.3 million contract modification to cover dry-dock work on the Arleigh Burke-class destroyer USS Pinckney.

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Aethlon Announces Dengue Virus Treatment Agreement

Aethlon Medical Inc., a San Diego-based therapeutic device company, announced that it has entered into an agreement with Qualtran LLC that would expand human clinical studies of Aethlon’s Hemopurifier therapy to include individuals infected with dengue virus, a global health threat not currently addressed with approved drug or vaccine therapies.

Camaisa Named CEO of Parallel 6

Allan Camaisa, a local serial entrepreneur, was named chief executive officer of Parallel 6, a mobile technology company based in San Diego.

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MediaTek Inc. Opens San Diego Office

MediaTek Inc., the wireless communications chip maker based in Taiwan, celebrated the opening of its San Diego office with a party and a ribbon-cutting ceremony Sept. 24.

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Northrop Grumman Gets $78M Delivery Order From Air Force

The U.S. Air Force said on Sept. 23 that it awarded Northrop Grumman Corp. a four-year, $78 million delivery order for spare parts for the Block 40 version of the Global Hawk unmanned spy aircraft.

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Jamul Retail Center Sells for $3.8 Million

Developer Dan Floit of Del Mar has purchased Plaza La Tienda, a two-building retail property in the East County community of Jamul, for $3.8 million, according to CoStar Group and public data.

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Grocery Outlet Plans Store Opening in Chula Vista

Discount retailer Grocery Outlet plans an Oct. 2 opening at 1340 3rd Ave. in Chula Vista. It will be the 10th San Diego County location for the Emeryville-based company, with more local stores in development.

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Blaze Pizza Plans Two Local Openings in October

Pasadena-based Blaze Fast-Fire’d Pizza, a fast-casual restaurant chain that makes custom-made pies baked in high-temperature ovens, plans two San Diego County openings in October, bringing its total to three locations in the region.

Defense Spending in County Expected to Drop 1%

A new, comprehensive look at the U.S. Department of Defense’s local presence predicts that the military spending that San Diego County enjoys will decline one percent in the new fiscal year, which begins on Oct. 1.

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Cytori Pursuing Restructuring Plan

Cytori Therapeutics, a cell therapy company in San Diego, announced an updated strategy and plan to restructure its operations and reduce costs.

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REIT Buys Four San Diego Office Buildings for $21.8 Million

Bixby Land Co. of Irvine has purchased four San Diego office buildings, in deals totaling $21.8 million, with plans for more than $16 million in renovations.

Guild Mortgage Acquires Comstock Mortgage

Guild Mortgage, a San Diego mortgage lender that has more than 200 branch and satellite offices in 23 states, said it acquired Comstock Mortgage, an independent mortgage lender in Sacramento with 15 offices.