San Diego Business Journal

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Karl Strauss Completes Renovation of Sorrento Mesa Restaurant

Karl Strauss Brewing Co. of San Diego has completed a $1.5 million renovation of its brewery restaurant in Sorrento Mesa.

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Ramada Hotel in Mission Valley Sold for $6.85 Million

Locally based Oceanic San Diego LP has purchased the 102-room Ramada Mission Valley hotel for $6.85 million, according to CoStar Group and public data.

South County Residential Land Sells for $21 Million

Moller Otay Lakes Investment LLC, a Delaware limited liability company, has purchased 867 acres of residential land near Jamul for approximately $21 million, according to real estate services provider Land Advisors Organization, which represented the seller.

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Bumble Bee Seafoods Completes Move into New East Village Headquarters

San Diego-based Bumble Bee Seafoods LLC has completed the relocation of its corporate headquarters to the historic Showley Bros. Candy Factory building in East Village, near Petco Park.

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Forbes Ranks San Diego As 10th Best City for Millennials

Forbes magazine has ranked San Diego as the nation’s 10th best city for the Millennial generation, naming Little Italy as the city’s top neighborhood for residents between the ages of 25 and 34.

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Miller Hull Chosen for I.D.E.A. District Project, Will Relocate There

The San Diego office of architectural firm Miller Hull Partnership will relocate to a planned new mixed-use office and residential development in East Village, after being chosen by developers to design IDEA1, slated for the downtown area known as the I.D.E.A. District.

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Trigild Partners on $16.5 Million Acquisition of Santa Cruz Hotel

San Diego-based Trigild and Blu Hotel Investors of Santa Barbara have completed a $16.5 million acquisition of a 100-room Holiday Inn Express & Suites in Santa Cruz.

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MG Properties Buys 4 Apartment Communities for $80 Million

San Diego-based MG Properties Group has purchased four California apartment properties totaling 770 units, for a total of more than $80 million.

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Two Local Stores Closing as Coldwater Creek Shuts Operations

Two San Diego County stores are among 350 being closed by Coldwater Creek Inc., as the Idaho-based women’s clothing and accessories retailer shuts all of its locations as part of a recent Chapter 11 filing in U.S. Bankruptcy Court.

Think Tank Formed to Promote San Diego Craft Beer

A new independent think tank, called the Craft Beer Association of San Diego, has been formed with the goal of raising the national and international profile of the local region’s burgeoning brewing industry.

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