SD BUSINESS JOURNAL DAILY ENEWS
The San Diego County Board of Supervisors has voted to have staff study a proposed November ballot measure on the controversial Lilac Hills Ranch development, which recently qualified for the ballot following an initiative petition drive by supporters.
Synthorx Inc., a synthetic biology company in San Diego, raised $10 million in a Series B financing, the company announced Wednesday.
A local buyer recorded as 820 Orange Av LLC has acquired a two-building retail property portfolio in Coronado for $5.2 million, according to CoStar Group and public data.
TPT Global Technology Inc., a downtown San Diego-based telecommunications company, said July 19 that it acquired the assets of Goodwin Global, an international wholesale telecom carrier. Financial terms of the deal were not disclosed.
San Diego’s median price for an existing single-family home in June was up 4.4 percent from a year ago, according to the California Association of Realtors. However, month-over-month price growth was minimal, landing at $594,430, 0.4 percent higher than in May.
An affiliate of Irvine-based Sperry Commercial has acquired a Carlsbad office building housing Bank of America for approximately $8.82 million, according to CoStar Group and public data.
San Diego’s SpectraScience Inc., a medical device company using light technologies to detect and diagnose cancers, has signed a distribution agreement with Advanced Medical German Co. (AMG) in Kuwait to be its exclusive distributor in the Middle East.
San Diego Humane Society announced the promotion of Jennifer Brehler to the role of chief operating officer for the organization.
Tenants at the Port of San Diego received a $5.9 million state grant to help them roll out all-electric freight vehicles — such as big-rig tractors and forklifts — meant to take the place of diesel-powered vehicles.
Carlsbad drugmaker Ionis Pharmaceuticals Inc. has earned $10 million from Janssen Biotech Inc. by licensing out its gastrointestinal (GI) drug candidate, IONIS-JBI1-2.5Rx.
Net income for Seacoast Commerce Bank corporate parent Seacoast Commerce Banc Holdings was nearly $1.78 million in the second quarter of 2016, a 30.4 percent increase compared to the second quarter of 2015.
Carlsbad-based 5D Robotics Inc. announced on July 18 that it acquired Time Domain, a business based in Huntsville, Ala. Financial terms of the deal were not disclosed.
San Diego-based Wright Real Estate Management and Development has secured financing for a planned $11 million apartment project in North Park.
The San Diego Business Journal is now accepting nominations for the 2016 Manufacturing Awards, which honors companies and individuals within the San Diego community in the manufacturing industry.
Confidence among San Diego County businesses fell in June, according to the San Diego Regional Chamber of Commerce's monthly business outlook forecast, dropping to the lowest level since the index launched nearly three years ago.
Wireless antenna maker Airgain Inc. plans to go public.
Ramona-based HPS Epicurean, a third-generation company that imports and markets internationally made spirits, wines and culinary niche brands, recently reacquired rights to the original family name of Preiss Imports.
The South County Economic Development Council recently launched a new tourism website, touting South Bay events and recreational attractions.
The San Diego County Registrar of Voters has certified that project supporters gathered sufficient signatures to place the controversial Lilac Hills Ranch development before county voters on the Nov. 8 ballot.
Gene sequencing giant Illumina Inc. is calling for startups to apply to its business accelerator program for early-stage businesses in the genomics space.