San Diego Business Journal

SDBJ WEEKLY EDITION

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Bank Investor Looks to Turn the Negatives Into Positives

A community development bank that serves low- and moderate-income areas in San Diego has been thrown a lifeline by an investor with an eye for troubled banks with potential.

By Sarah de Crescenzo March 16, 2017 3:23 p.m. share »
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Silvergate: On Your Mark, Get Set, Go Public?

Silvergate Bank is gearing up for the big leagues. With a new core banking system and a review underway to ensure compliance with good-governance regulations for public companies, the privately held La Jolla-based financial institution — San Diego County’s largest locally headquartered commercial bank, with assets of nearly $1 billion — is preparing to go public.

By Sarah de Crescenzo March 16, 2017 3:20 p.m. share »
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North County Founders Share Drinks, Thoughts

The crowd at this month’s North County Founder Drink Up was impressed by the Keurig-like prototype James Heczko brought in, especially when he tugged on a custom container and out popped one of the steel cylinders that warms soups and beverages through induction heating.

By John Cox March 16, 2017 2:30 p.m. share »
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Real Estate Co. Readies For Coming Wealth Transfer

Douglas Wilson, the founder and CEO of San Diego’s Douglas Wilson Cos., has spent most of his professional life closely tracking the big shifts in real estate and financial trends.

By Lou Hirsh March 16, 2017 2:26 p.m. share »
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Advertising Platform Finds Perfect Host

f you run a restaurant in downtown San Diego’s Gaslamp Quarter, your hostess needs a podium as she converses with the crowd on the sidewalk. If you offer valet parking in the Gaslamp — or anywhere else — you need a podium.

By Brad Graves March 16, 2017 2:22 p.m. share »
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Residential Influx Is Among Factors Boosting Downtown Retail

With a few exceptions, downtown San Diego has hardly been a mecca for retailers over the past two decades.

By Lou Hirsh March 9, 2017 3:14 p.m. share »
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Factors That Formed Little Italy Hard To Duplicate

Phenomenal growth. Gentrification. A line of tourists riding Segway scooters. Those are three things that show how Little Italy has become a runaway redevelopment success story.

By Brad Graves March 9, 2017 2:43 p.m. share »
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In East Village, Good Ideas Will Need Help Changing the Landscape

The development of East Village might best be described by one of its residents, a man who approached me at Park Boulevard and Market Street and asked for 10 cents. “10 cents?” I said, incredulously.

By Brad Graves March 9, 2017 2:39 p.m. share »
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Here's What ScaleMatrix Did With Extra Space

Computer data center, plus wet lab, equals … more business? That’s what the owners of Kearny Mesa-based ScaleMatrix are hoping. Here's What ScaleMatrix Did With That Extra Space

By Brad Graves March 9, 2017 2:02 p.m. share »
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Proton Therapy Center Owner To Sell Assets

The $224 million Scripps Proton Therapy Center has landed on the auction block just three years after it opened.

By John Cox March 9, 2017 1:59 p.m. share »
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Daughter Finds New Life For Dad’s Sensor Co.

Growing up in Encinitas, Kristin Elliott would help her parents box shipments for customers of Precision Measurement Engineering Inc., the environmental sensor company they started in their garage in 1982.

By Sarah de Crescenzo March 9, 2017 1:56 p.m. share »
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Professional Snapchatting Hits Key Demographic Target for Companies

There’s an ever-growing list of social media sites used by marketers to get eyeballs on brands, with Twitter and Facebook dominating most budgets for social campaigns.

By Brittany Meiling March 2, 2017 2:49 p.m. share »
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Grandesign Creates the Experience; The Audience Creates the Buzz

Last weekend in Los Angeles, tourists and beachgoers stumbled across a giant gorilla footprint — measuring 600 cubic feet — stamped into the sand of Santa Monica Beach.

By Brittany Meiling March 2, 2017 2:40 p.m. share »
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Palomar Health Works On Financial Recovery

A financial turnaround appears to be underway at Palomar Health after the state’s largest public health care district badly overspent on a hospital it opened five years ago in Escondido.

By John Cox March 2, 2017 2 p.m. share »
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Co. Uses AI to Stay Ahead of Loan Fraud

Outstanding auto loans in the United States last year topped a record $1 trillion.

By Sarah de Crescenzo March 2, 2017 1:57 p.m. share »
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SmartDrive’s Roadwork Makes Its System a Contender

If there is a moral to SmartDrive Systems Inc.’s remarkable growth streak, it’s that it pays to keep moving.

By Brad Graves March 2, 2017 1:52 p.m. share »
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Turning Tourism Into a Cash Crop

Seven years ago, George and Kim Murray left their management jobs at the San Onofre Nuclear Generating Station to start a business devoted to their love of wine-making.

By Lou Hirsh March 2, 2017 1:48 p.m. share »
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Robust Market Feels Right at Home

As with the now 8-year-old bull market for U.S. stocks, it’s quite natural for many to wonder how much longer the good times can last for commercial real estate in San Diego County, after three straight years of primarily upward-trending metrics, fueled by the addition of more than 100,000 jobs in the region. Barring an unforeseen national or global event that rocks consumer or investor confidence, observers are predicting that the local real estate climate should stay strong in 2017 and possibly well into 2018.

By Lou Hirsh February 23, 2017 1:13 p.m. share »
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Cubic Aims for Defense Acquisitions to Click

Not too many military satellite dishes make a hissing noise like an air mattress deflating when it’s time to pack things up and ship them off to their next location. Then again, the satellite dish from Cubic Corp.’s GATR Technologies business is not your typical model.

By Brad Graves February 23, 2017 12:58 p.m. share »
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Mixed-Use Planned at Former Hospital Site

Escondido finally has an answer — part of one anyway — on what will be done with the hospital campus that has stood as a landmark in the city’s downtown since the 1950s.

By John Cox February 23, 2017 12:54 p.m. share »
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Flux’s Gamble Got the Market to Bet on Its Product

Ron Dutt had only just started as CEO at Flux Power Holdings Inc., but it looked to him like product development was taking a precariously long time.

By John Cox February 23, 2017 12:42 p.m. share »
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Searching For Google’s Motive

Google has sparked a mystery of sorts by apparently shelving the project that brought it to San Diego in the first place.

By John Cox February 23, 2017 12:31 p.m. share »
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TALK ABOUT TECH TRENDS

Local Information Executives Discuss Emerging Strategies and Tactics From a Technology Perspective

February 16, 2017 3:13 p.m. share »
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Proficio Aims to Offer Top-Flight Security In MSSP Model

Insecure times seem to favor cybersecurity company Proficio, which has outgrown its Carlsbad space two years ahead of schedule and is planning a move to a building with three times the room.

By Brad Graves February 16, 2017 2:55 p.m. share »
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From a Hacker’s Point of View, It Is a World of Weaknesses

Ted Harrington sees both peril and opportunity in the cybersecurity landscape.

By Brad Graves February 16, 2017 2:48 p.m. share »
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From a Hacker’s Point of View, It Is a World of Weaknesses

Ted Harrington sees both peril and opportunity in the cybersecurity landscape.

February 16, 2017 2:48 p.m. share »
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Pop-Up Stores Bring Lively Vibe to Mall Mix

Pop-up stores may be short-term players in the retail space but they are providing long-term opportunities for malls and shopping centers.

By Lou Hirsh February 16, 2017 2:15 p.m. share »

Compromise Is Worth The Cost for Utilities

Leave it to a utility owner like Sempra Energy to eke out a bump in its stock price after negotiating away tens of millions of dollars in core revenue.

By John Cox February 16, 2017 2:12 p.m. share »

Local Angels Shore Up Risk With These Strategies

Like amateur traders in the stock market (expecting to win big on the next unicorn), nascent investors often imagine that angel investing will be their lottery ticket to wealth.

By Brittany Meiling February 16, 2017 2:10 p.m. share »
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CEO Goes in Some Unusual Directions

Ryan Sisson wasn’t like the people he surrounded himself with.

By John Cox February 16, 2017 1:51 p.m. share »