San Diego Business Journal


Startup LeadCrunch Raises $500,000 Through CONNECT Program

Local software startup LeadCrunch has landed $500,000 in funding through CONNECT’s Capital Match program.

Mission Federal Credit Union Reaches Milestone: $3 Billion in Assets

Mission Federal Credit Union announced Wednesday it now manages more than $3 billion in assets.

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Lakeside Apartment Property Sells for $2.05 Million

San Diego-based KA Real Estate LLC has purchased an 11-unit apartment complex in Lakeside for $2.05 million, according to brokerage firm Apartment Consultants Inc. (ACI)

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ClosingCorp Names Bob Jennings CEO

Bob Jennings is the new CEO of ClosingCorp, a provider of real estate closing cost data and technology for the real estate industry, the San Diego company announced Wednesday.

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San Diego Padres Announce Exit of CEO Mike Dee

The San Diego Padres have fired team President and CEO Mike Dee, announcing the departure in a one-sentence statement on Oct. 12 that gave no further details. Dee’s replacement was not immediately announced.

North Carolina Co. Acquires Vista-Based Glacier Water Services for $263M

Glacier Water Services Inc., a Vista-based operator of self-service drinking water dispensers, will be acquired by a North Carolina competitor for $263 million in cash and stock, the companies announced Oct. 10.

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Navy Secretary to Address S.D. Defense Contractors, Military Leaders

Navy Secretary Ray Mabus will speak before an audience of defense contractors and military leaders next week in San Diego.

CEO Confidence Edges Up But Remains Below Last Year, Vistage Survey Finds

CEOs of small and medium-sized businesses are feeling more confident about the economy and their companies, according to the third quarter 2016 Vistage CEO Confidence Index Survey.

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Augustus Wiesel to Lead Family's Growing MFI Medical Equipment Inc.

Local supply firm MFI Medical Equipment Inc. has moved its headquarters to a larger facility to accommodate its growing operations and announced a new CEO: Augustus Wiesel.

$200,000 Grant to Fund Project Involving Tri-City Medical Center, SANDAG

The Federal Transit Administration has awarded a $200,000 grant to a local partnership involving Tri-City Medical Center, the San Diego Association of Governments and FACT, a regional nonprofit giving seniors and disabled people subsidized access to transportation.

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Point Loma Mixed-Use Property Sells for $2.19 Million

San Diego-based Fig Tree LLC has acquired a mixed-use retail and office property in Point Loma for approximately $2.19 million, according to brokerage firm The Franco Realty Group.

FDA Accepts Neurocrine Biosciences' New Drug Application

Local drugmaker Neurocrine Biosciences Inc. has been given a speedier path to drug approval by regulators, the company announced Tuesday.

Grocer Lazy Acres Opening First Local Store in Encinitas

Natural and organic foods grocer Lazy Acres Natural Market plans an Oct. 15 public opening for its new store in Encinitas, which will be its first in San Diego County.

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Reflexion Health Promotes Anang Chokshi to Chief Clinical Officer

San Diego-based digital health care company Reflexion Health has promoted its vice president of clinical accounts and lead physical therapist, Anang Chokshi, to become chief clinical officer.

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Buchholz Named New GM at L’Auberge Del Mar Resort

Terry Buchholz has been appointed general manager of the 121-room L’Auberge Del Mar resort in Del Mar, operator Destination Hotels announced.

SPAWAR Awards $20 Million Contract to Cubic Corp.

Cubic Corp. said on Oct. 10 that it received a task order from San Diego-based SPAWAR Systems Center Pacific that could be worth up to $20 million.

Apartment Investment Brokerage Firm Entering San Diego County Market

Phoenix-based brokerage and advisory firm ABI Multifamily plans to open a new San Diego regional office in Encinitas, with a debut tentatively set for Oct. 20.

Illumina's Q3 Revenue Estimate of $607M Falls Short of Expectations

San Diego medtech giant Illumina Inc. on Monday estimated third-quarter revenue of about $607 million, up 10 percent from the same period last year but short of Wall Street’s expectations.

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Ann M. Livermore Named to Qualcomm Board of Directors

Qualcomm Inc. announced on Oct. 10 that the company named Ann M. Livermore to its board of directors.

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Spring Valley Apartment Property Sold for $26 Million

A San Diego-based joint venture, which includes Stratford Partners and LLJ Ventures, has purchased a 128-unit apartment community in Spring Valley for $26 million, according to brokerage firm Marcus & Millichap.