San Diego Business Journal

SDBJ WEEKLY EDITION

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Multifamily Market Rides Rental Wave

PROPERTY: Demand Fuels Apartment Deals

The rising cost of buying single-family homes in San Diego County is pushing more people into the rental pool, and that is turning up the pace of apartment rent growth and property deal-making.

Demand More Balance in How Women Are Treated

Wonder Woman — just like Superman — was a superhero born out of a time period and culture that made her creation necessary. She was created strong and powerful, fighting for justice, love, peace and gender equality.

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Boeing Revs GKN’s Economic Engine

AIRCRAFT: Increase in 787 Work Means Hiring

Boeing Co. is ramping up production of its latest 787 Dreamliner, planning to churn out 12 jets a month next year and 14 per month by 2020, up from the 10 planes it makes each month now.

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‘HI!’ TECH

STARTUP: App Helps the Introverted and Others Make Connections at Conferences

Yuanyuan Zhou’s top computer science students not only have to put their minds to work. They need to get out there and shake some hands.

Our Future Depends on International Partners

According to a recent study, nearly 450 technology and life sciences startups were founded in San Diego last year.

Fitbit to Open an R&D Office in San Diego

TECH: Company Looking to Fill 13 Positions Locally

The popular wearables company Fitbit is recruiting engineers for a new research and development office it plans to open in San Diego.

City Pushes New Stadium Finance Plan

City and county leaders have put forward a revised financing plan, renderings and draft environmental impact report for a proposed Mission Valley stadium, aiming for a January public vote contingent on the San Diego Chargers returning to negotiations.

Center Hits the Road to Help Animal Welfare Organizations

For more than 13 years, through The Business of Saving Lives, the Helen Woodward Animal Center has demonstrated its dedication to saving the lives of homeless pets, not only within its San Diego-based facility, but in shelters and rescues across the globe.

La Jolla Farms Is a Perfect Canvas for Masterpiece Designs

There are a number of distinct areas in La Jolla, each with its own charm and appeal. Among the most storied, and encompassing some of the county’s most exclusive real estate, is La Jolla Farms.

In This Tight Market, a Retail Property Rarity Draws Buyers

Prime retail properties rarely hit the market in San Diego, and when they do, the price tags are rarely discounted. The latest example is the recent $107 million sale of the Walmart-anchored McGrath Center on Clairemont Mesa Boulevard in Kearny Mesa.

Goodsnitch Changes Name as Partnership Brings B2B Emphasis

Goodsnitch Inc. has changed its name to HundredX. A new partnership with marketing giant Ogilvy & Maher spurred the name change, company founder Rob Pace said last week.

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Rate Hike Reverberations Would Be Felt By Credit Unions

FINANCE: Conference Sees Long-Term Loans, Deposit Pictures Changing

Credit unions are preparing for a possible increase in Federal Reserve-controlled interest rates next month and the risk it could create for balance sheets with significant levels of long-term assets.

Ossic Is Attemping to Do Its Part for Virtual Reality: the Ears

STARTUP: Efforts at Audio Being Made to ‘Catch Up’ To Video Performance

Put on a pair of virtual reality goggles and your eyes start playing tricks on you.

Reagan Named SDCERA Chief Legal Officer

The board in charge of San Diego County’s $10.3 billion pension fund has hired the top lawyer at the city’s pension fund as its chief legal officer, the county pension’s first in-house general counsel in more than a decade.

Moxie Foundation Gives $5.1M Gift to SDSU

GIVING: It Will Fund Initiatives Promoting Entrepreneurship

San Diego State University received a $5.1 million gift from the Moxie Foundation to endow several entrepreneurial programs, the university announced on Aug. 11.

USD Names New Dean for School of Business

EDUCATION: Jaime Alonso Gómez To Take Helm Aug. 17

The University of San Diego has named Jaime Alonso Gómez as dean of its School of Business Administration, effective Aug. 17.

Director Awards Again Shows Quality Of Health Sector

The Corporate Directors Forum continues its healthy trend with the upcoming 2015 Director of the Year awards.

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Eateries Hungrily Eye Anthony’s Location

DINING: Old Favorite Among 3 Plans Vying for Prime Spot

For now at least, intense community loyalty has saved Anthony’s Fish Grotto, a family-run downtown San Diego mainstay since 1946, from what appeared to be its pending ouster from the North Harbor Drive site that it’s occupied for 50 years.

Banks Lower Bar On Jumbo Loans

FINANCE: Hot High-End Market Stokes Competition

JPMorgan Chase & Co. is relaxing lending requirements for mortgages up to $3 million, the latest in a series of moves by major banks to allow higher-end borrowers to buy homes with smaller down payments and lower credit scores as investor demand for quality mortgages increases.

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Add Leadership Moves To Petco IPO Rumors

RETAIL: Co. Isn’t Talking as It Moves Into New Headquarters

Petco Animal Supplies Inc. recently announced changes to its leadership, including the addition of chairman duties to the job of CEO Jim Myers.

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Metacrine Fields a Biotech All-Star Team

PHARMA: Proven Staff to Tackle Metabolic Diseases

Rich Heyman, the heavyweight biotech executive who grew two startups into billion-dollar companies, is co-founding a new venture in San Diego.

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Accelerator’s Mission Is About More Than Building Businesses

STARTUPS: Aim Is to Build Confidence, Culture For Women Entrepreneurs

It took a screening of “The Social Network” to help launch the University of California, San Diego’s startup accelerator for women.

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On Track For Change

LEADERSHIP: Cubic CEO a Unifying Force at Co. With Diverse Pursuits

While the memory of its founder endures, Cubic Corp. now sits squarely in the post-Walter J. Zable era.

Thanks to Many, the San Salvador Is Back in Local Waters

The Maritime Museum of San Diego has launched the San Salvador, a full-sized, fully functional replica of the original Spanish galleon that arrived at the port that we now call San Diego in 1542.

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Home of the month: Equestrian Sanctuary

Old-world charm, grace and understated grandeur define the style of this equestrian estate.

Tenants Weigh Costs of Cool Lifestyle Space at Work

WORKPLACE: Millennials Seek Office Buzz But Also Private Areas

Dan Khabie got exactly what he was looking for when he moved his digital marketing firm from the Gaslamp into 18,000 square feet of space in East Village’s DiamondView Tower in 2011.

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Bringing Out Their Best

PROPERTY: Walls Are No Longer the Limit as Developers Add Outdoor Workspaces and Amenities to the Office Mix

In the past two decades, San Diego County shoppers have been visiting malls converted into open-air “lifestyle centers” designed to take advantage of the region’s year-round friendly climate. Lately they’ve also been furnishing their homes’ patios and backyard decks with a growing array of furniture and appliances designed to bring their indoor living rooms to the outdoors.

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High-End Hotel Properties Up Ante on Luxury

TRAVEL: Downtown Arrivals May Pressure Others Into Renovations

Luxury hoteliers appear to be reaping the biggest returns in a healthy local and national tourism economy, and observers say the roster of new hotels on tap for downtown San Diego could significantly raise the posh quotient in places including East Village and the Gaslamp Quarter.

Fentin’s Family Law Credentials Served Her Well in Leadership Role

Hildy L. Fentin has successfully completed her year as president of the Southern California Chapter of the American Academy of Matrimonial Lawyers. Fentin, a principal of Hildy L. Fentin Attorney at Law, is one of four San Diego attorneys on the board.

Retailers and Others Finding the Right Space in Midway District

PROPERTY: New Tenants, Gulls’ Games Add to Area’s Standing

With pro hockey’s San Diego Gulls set to make their latest return flight to the Midway district this fall, the aging neighborhood that grew up around the city-owned sports arena has other new commercial elements in the works.