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San Diego County’s hotel property transaction volume declined 38 percent from a year ago in the first half of 2016, with the dollar volume down 65 percent, according to a recent mid-year report by brokerage and consulting firm Atlas Hospitality Group.
The U.S. Department of Justice announced Monday TEG Staffing Inc., a San Diego-based temporary staffing agency also known as Eastridge Workforce Solutions, has agreed to pay $175,000 in civil penalties and undergo federal monitoring to settle an immigration-related discrimination claim.
San Diego-based McMillin LLC and Untitled Hospitality plan to develop a new arts-themed, $20 million hotel called The Barracks Hotel, using historic buildings at Liberty Station in Point Loma.
My guess is that some San Diego officials believe that the city’s current anti-homelessness policies are being executed in the service of local businesses. Actually, these policies are hurting our businesses – and, therefore, hurting our region’s economy and our overall quality of life.
Marjorie J. Burchett has joined the San Diego office of Withers Bergman as a partner. Burchett is an experienced real estate lawyer who has worked across major residential, commercial and mixed-use development projects in California for the last 30 years. She joins Withers Bergman from Dentons, and was previously a partner at McKenna Long & Aldridge and Luce, Forward, Hamilton & Scripps.
Federal prosecutors have charged two San Diego businessmen with insider trading for using a confidential tip to snag $83,000 in profit when local biotech Ardea Biosciences was acquired in 2012.
WORKFORCE: Sites Offer Work/Play Mix to Boost Morale, Creativity
As coworking spaces surge in popularity, some entrepreneurs are putting a new twist on the business model — targeting those who want to combine work with play.
RETAIL: E-Commerce Tactics To Open Up Market for Adigica
One of the biggest names in local biotech, David Hale, is joining forces with an e-commerce expert to bring the sale of skincare products into the digital age.
Stone Brewing Co. is moving forward with a $26 million hotel previously announced for land adjacent to its headquarters and flagship brewing facilities in Escondido.
San Diego city and business development leaders have officially launched a previously announced free downtown circulator shuttle service, now called FRED. The acronym for the service, which uses all-electric vehicles, stands for Free Ride Everywhere Downtown.
Chula Vista-based Karina’s Mexican Seafood has permanently closed its downtown San Diego restaurant due to plumbing issues, just short of the eatery’s second anniversary at 925 B St.
Chula Vista-based Youngevity International Inc. has acquired assets of Renew Interests LLC.
Maryland-based Zips Dry Cleaners has signed a development deal with a Los Angeles area franchisee to build 110 locations in Southern California, including 15 in the San Diego market.
Sempra Energy reported earnings of $16 million, or 6 cents per share, during the second quarter of 2016. Total revenue was $2.16 billion, the company said Aug. 4.
Denver-based hospitality group Punch Bowl Social, which operates restaurant-entertainment centers, plans to open a new location at downtown San Diego’s Makers Quarter mixed-used development. It is planned for the building that once housed the historic Coliseum Federal Athletic Club, at 1485 E St. in East Village.