Stories for May 2020

Sunday, May 31

Woodruff Memorial Scholarship Goes to Top USD School of Business Students

EDUCATION: Burnham-Moores Center at USD School of Business Recalls Legacy

City Approves Deal to Sell Stadium Site to SDSU

August groundbreaking planned for new stadium

USD School of Business Master’s in Real Estate Students Take Prize in Real Estate Competition

EDUCATION: Planning a Fictitious Development Took Plenty of Real-World Skills

CEO Sees Advantages In Company’s Vaccine Route

BIOTECH: Company Open to Possible Partnerships

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$100M Makeover For Torrey Pines Offices

PROPERTY: Three Buildings To Be Converted to Updated Life Sciences Lab

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SDBJ Insider: A Community of Support

From the desk of SDBJ's Editor-in-chief, Jay Harn

Encinitas Startup Raises $42M From Morgan Stanley and PeakSpan

E-COMMERCE: Ecwid Plans to Expand Platform, Double Its Headcount

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Genasys Expects A Good Year With Government Work

Coronavirus Slowed Some Sales, But Not Demand

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Thursday, May 28

Gali Health Raises $3M In Seed Round

Company Provides Personalized Healthcare Solutions Through a Mobile Artificial Intelligence Assistant

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Catering Co. Gets Ahead of Pandemic with Cloud Kitchens

Eco Caters Launches Delivery-Only Brands to Tap into Growing Market

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Seaport Developer Also Sees Potential in Chula Vista Retail Site

PROPERTY: Walmart And Costco Are Two Solid Anchor Tenants

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Spring Valley Apartments Acquired For $13.7M

Four complexes in sale

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LPL Financial Acquires Assets of Seattle Firm

LPL is based in San Diego

Pacific Beach Apartments Sold For Nearly $2.9M

Building has eight apartments

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Custom Content: To Stave Off Economic Paralysis, We Must First Protect the Backbone

Why employers must tap into technology to keep workers safe in a POST COVID-19 World

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Wednesday, May 27

Farmers, Businesses on Mission to Save Produce From Waste

FOOD: Amount of Wasted Goods Has Grown in Pandemic

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Cleaning Up During COVID-19 Is Serious Business

THE REBOUND: Reopening Requires Knowledge, Technology and Many Hands

Nerve Illumination Technology to Help in Head, Neck Surgery

Doctor Pursues Solution After Realizing It Was Unmet Need

Frontline Workers Receive Tourism Industry’s Thanks

HOSPITALITY: Offers Range From Rugged Adventure to Rooms to Relax In

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Chula Vista Getting $170M Apartment Project

PROPERTY: Ryan Cos. To Build 480 Units, to Include Commercial Space

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Tuesday, May 26

Biosero Uses Resources in COVID-19 Fight

BIOTECH: Lab Co.’s Software Is Ready to Help Those Taking on Virus Research

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Biotix May See Future In Shields

MANUFACTURING: High Volume Production Created More Than 130 New Jobs

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Big Changes in Store for Retail Post Pandemic

Innovation Can Help Bridge the Gap to New Sales Experiences

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Rady School Launches Initiative to Support Local Business Community

EDUCATION: Coalition to Provide Immediate Free Assistance and Guidance to Local Businesses.

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Co. Sees Future in Tracking Viruses, Storing Information

Electronic Biosensor Devices Said to Be Massively Scalable

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JPMorgan, FINTOP Add to a Fintech Funding With $4.3M

Company Helps Customers Understand and Control Cash Flow, Other Finances

Hampton Inn & Suites Imperial Beach Open

The hotel is owned and operated by Tharaldson Hospitality Management under a franchise agreement with Hilton Worldwide Holdings.

FDA Approves Evofem's Non-Hormonal Birth Control

Evofem expects to launch Phexxi in early September alongside the Phexxi Concierge Experience

Confidence Remains in Future VC Funding

Investment: San Diego Cos. Receive $573.7M in Q1

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Turtle Beach Sees Surge of Interest During Pandemic

ELECTRONICS: Rancho Bernardo Headset Maker Increases Guidance

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Monday, May 25

Looking Toward the Rebound

Businesses Calculate How to Come Back

Escondido Contractor Builds Emergency Centers for COVID-19 Care

CONSTRUCTION: What Would Have Taken Months Was Completed In Days

Plantible Pursues an Unusual Protein

FOOD: Startup Raises $4.6 Million, Prepares For Growth

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Most Renters Making Payments During Pandemic

San Diegans Seem To Be Managing Better Than Rest of the Country

Ultragenyx Recently Exercises Option to Buy 600,000 Shares of Arcturus' Common Stock

San Diego-based Arcturus is a messenger RNA medicines company that is working on a vaccine for COVID-19.

Sunday, May 24

Kratos Forges Ahead With 2nd Jet Engine Builder on Board

Defense Contractor Breaks Even During its 2nd Quarter

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Developer Is Big On Medical Office Buildings

Barnhart Sees Demand Returning As COVID Rules Ease

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Coming to S.D.

SDBJ INSIDER

Real Estate Students Put Fictional Plans To the Test

Burnham-Moores Group Places Third in Competition Among 36 Global Entrants

Friday, May 22

El Cajon Industrial Building Sold For $4.4M

Buyer will occupy building

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Thursday, May 21

New Rentals Arrive in Luxury Marina District

Property: Developer Ramps Up Virtual Tours to Draw Tenants’ Attention

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Sycuan, Valley View, Viejas Cautiously Reopening Casinos

Local Tribes to Implement Safety Measures and Limited Access

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5th Axis Creates Product to Open Doors with Feet

High Volume Production Estimated To Create More Than 50 Jobs in California

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TOOTRiS Introduces Contactless Technology for Child Care Providers

Child Care is Vital to Enabling Working Parents as They Help Us Restore Our Economy

As Conferences Go Virtual, Whova App Capitalizes on New Demand

TECHNOLOGY: Startup Helps People Make Virtual Connections

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Antibody Cocktail Will Target COVID-19

COVI-SHIELD Could Be Used as a Prophylactic For Those on Front Lines

North County Health Services Names New Chief Medical Officer

Russell was most recently serving as the CMO and acting COO of Indian Health Service in the Phoenix area.

Westfield Shopping Centers to Reopen to Public

Westfield shopping centers in San Diego will be opened 11 a.m. to 7 p.m. Monday through Saturday and 12 p.m. to 6 p.m. on Sunday.

Wednesday, May 20

Vividion to Receive $135 Million Upfront Payment From Roche Deal

Vividion is eligible to receive several billion dollars in payments...

Pala Casino Spa & Resort to Open May 22

Initially, the maximum guest occupancy at Pala Casino will be limited to 50% in all gaming areas and limited food and beverage options will be available.

Startup Supports Hotels and Local Businesses During Downturn

Sustainable Travel Platform Launches Program That Incentivizes Consumers To Book Now, Travel Later

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RAR Hospitality Acquired by Hostmark Hospitality Group

Current President, Cameron Lamming, will assume the role of chief development officer of the western region for Hostmark.

Steve McMillan Named CEO of Teradata

Executive Comes From F5 Networks, Takes Job in June

Westcore Buys Oakland Building For $40.5M

Building includes cold storage

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Little Italy Evans Tire Building Sold

Building is 10,053 square feet

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Lemon Grove Apartments Sold For $17M

Complex has 81 apartments

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American Heart Association Awards $2.5 Million for COVID-19 Research

The One-Year Study Will Focus on How Coronavirus Affects Heart and Brain

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Tuesday, May 19

Sony Creates $100M Fund in Response to COVID-19

TECH: Co. Donates PPE From Its Own Emergency Stock to Frontline Workers in San Diego, New Jersey

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Harrah’s Resort Southern California to Reopen on May 22

“The health of our guests, employees and surrounding community remains to be our top priority,” said Bo Mazzetti, Rincon Tribal chairman.

Rady School Launches Business Recovery Coalition

The coalition will tap into expertise from the UC San Diego community to provide immediate free assistance and guidance to businesses.

Sourcify Sees Surge in Overseas Manufacturing

STARTUP: North Park-Based Company Helps Source Materials For Hospitals

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Bank’s Big Achievement: $480M in PPP Loans

FINANCE: Workforce Rallies to Push Deals Through, Save Jobs

Encinitas Office Building Sold

Building was 62 percent leased

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Monday, May 18

New Rentals Arrive in Luxury Marina District

Property: Developer Ramps Up Virtual Tours to Draw Tenants’ Attention

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Genasys Inc. Gets $12.6M Army Deal for Acoustic Devices

Devices to Provide Scalable Escalation of Force Capabilities

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Carrie Bobb & Co. Using Social Media to Change Commercial Real Estate Business

Company Also Training Other Brokers Sidelined By Pandemic

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Illumina Contributes to Community and COVID Research

Illumina is focused on making sequencing accessible around the world to fight the pandemic together through the power of genomics, collaboration and global care for each other.

Luna Grill Names QDOBA Exec as Culinary Vice President

Prior to Qdoba, Goncalves served 17 years at Taco Bell, and before that, at Jenny Craig, Carls Jr. and Jack in the Box.

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Grossmont College Names Bill McGreevy VP of Admin Services

McGreevy was hired at Grossmont College in January 2017 as dean of Arts, Languages and Communication.

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Company Finds Potentially Promising Antibody for Virus

The new sent the stock climbing but it closed Monday at $6.50 after opening at $9.98.

North San Diego Business Chamber: Message from President And CEO, Debra Rosen

Seizing Opportunities When “Shift” Happens

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San Diego Workforce Partnership: Message from Director of Business Services, Rachel Merfalen

How To Help Employees Navigate Layoffs: Best Practices and Resources to Transition Employees In a Compassionate And Supportive Way

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Innovations City Hosts Virtual Pitch Competition

Innovations City, a peer-to-peer online platform designed to help entrepreneurs, announced it will host its virtual global pitch competition for women of color entrepreneurs on May 20.

Rady School Launches Business Recovery Coalition

The Rady School of Management at UC San Diego launched the Rady School Business Recovery Coalition to help businesses in the region navigate the challenges created by COVID-19.

Sunday, May 17

Open Office Will Have to Adjust to Times

DESIGN: Changes Coming As a Result Of COVID-19

Flower Fields See Four Seasons of Potential

Tourism: North County Icon Starts Scheduling Events for Late Summer

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Even Without Sports’ Contests, Hookit Is Still in the Game

SPORT: Company Keeps Gathering Data, Plans to Weather the Storm

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USS Midway Wants Fans to Tour It – From Home

Bayfront Museum Is Offering Ways to Stay Connected Virtually

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Carlsbad, Imperial Beach Apartments Being Renovated With ‘Hipsters’ in Mind

REDEVELOPMENT: Complexes to Have More Customized, Boutique Feel

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Flyers Enterprises’ Alpine Office Gets NASA Deal for Aviation Fuel

Contract Is Worth $46 Million And Could Extend to 5 Years

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Cubic Asserts Fundamentals Are Good

DEFENSE: Second Quarter Revenue Falls 4.5% to $321.5M

Sempra Q1 Earnings Hit $760 Million, Revenue Is $3 Billion

ENERGY: Corporation Pledges Focus on Advancing Strategic Priorities

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Zoomed In

SDBJ INSIDER

San Diego Regional EDC: Message from President and CEO, Mark Cafferty

A message from President and CEO, Mark Cafferty

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Innovation, Health Are in Drivers’ Seats At UCSD Institute

Altman Clinical and Translational Research Institute Receives $54.7M

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City and County Join Together to Support Frontline Workers

Direct $10 Million in CARES Act Funding to Childcare

Friday, May 15

Jamul Casino to Reopen May 18

Social distancing and increased cleaning, among other practices, will be implemented in order to help prevent the spread of the novel coronavirus.

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Thursday, May 14

Need for Creative Content Generates Growth for Media Co.

MEDIA: ProductionCrate Sees a 25% Increase in Membership Since the Pandemic, Now Over 700,000 Users

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Advertising Startup Helps Local Companies Survive During Downturn

Paneau Offers a Gift Card Platform for Small Businesses to Use During Pandemic

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AI May Be Used to Find New Cures in Old Drugs

Pharma Startups Are Deploying Machine Learning To Search For New Therapeutic Uses

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Startups Bring Talent, Technology Into Ideas for City

TECH: Innovators Find Solutions for City’s Problems

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Primavera Ristorante in Coronado to Permanently Close

Husband and wife duo Cristos and Jeanette Stavros opened the restaurant in 1989. J

NTC Foundation Awarded Funding for Artists in Schools Program

“We are grateful to receive the California Arts Council grant which will positively impact so many students who face barriers like homelessness, poverty and parental military deployment,” said Lisa Johnson, NTCF president and CEO.

Wednesday, May 13

Escondido Apartment Complex Renovated As Home For Teens and Young Adults

RESIDENTIAL: $9.5M YMCA Project to Provide Residences for 44 Low Income Youth

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East Village Albertson's Sold For $22M

Building is 43,000 square feet

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KCM Group Chosen For Affordable Housing Project

Project will have 74 apartments

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Miramar Building Sold For $3.3M

Building was once a donut shop

Pacific Beach Apartments Sold For $2.6M

Building has four apartments

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Tuesday, May 12

Community Business Bank Funds More Than $487M in PPP Loans

1,940 local businesses assisted by bank

Executive Q&A: Michelle Gonzalez, CEO, North County Health Services

Q&A with Michelle Gonzalez, CEO, North County Health Services

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Erasca Raises $200 Million in Series B Via a Virtual Roadshow

Company’s Mission is to Erase Cancer

Taking the Lead

Executive Training Becoming Vital As Change Dominates the Workplace

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Eager Learners Bolster Company’s Customer Base

Education: TakeLessons Puts Both Groups and Fun in Online Learning

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Former Employee To Take CTO Position

Illumina Exec to Create Innovation Engine for Next Gen.

Sycuan Casino Resort to Reopen on May 20

Sycuan has also implemented an aggressive health and sanitation program that includes a self-cleaning antimicrobial coating throughout the property.

Monday, May 11

Co. to Launch Parkinson’s Drug in U.S.

Pharma: Cultivating Relationships Pays Off for Neurocrine Biosciences

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Moore Elected 2020 SDCCU Holiday Bowl President

Tourism: Optimistic About Annual December Regional Event

Food Bank Increases Its Fight Against Hunger

Goal is to Distribute Roughly 50M Pounds of Food by End of Year

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Callaway Golf Donates Over $100,000 to MedShare

MedShare is a non-profit that provides PPE and other medical supplies to frontline healthcare workers and patients around the world.

Palomar’s Fall Semester to Remain Mostly Virtual

Campus leaders said the decision is based on warnings about a potential COVID-19 re-emergence during the autumn season.

CUSTOM CONTENT: COVID-19: How Local Businesses Can Survive This Difficult Time

Matt Hansen, CFP, CEPA at UBS, discusses how local businesses can survive during COVID-19

Sunday, May 10

Big Bay Boom Fireworks Show Canceled, Replaced with TV Special

This year, the annual event will go virtual this year, with a television special airing on Saturday, July 4, 2020 on FOX 5 San Diego and KTLA Los Angeles.

Readydesk Launches New Product To Meet Demand

Startup: Company Growth Coming From Rise In At Home Worker

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Groups Size Up COVID-19 Compatible Business Plans

EDUCATION: Cal State San Marcos, Roundtable Thinks Through Issues

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Co. Deploys Multipronged Effort For Workplace Safety

Goal is to Have Vigilant and Informed Workforce

Custom Content: Crestcom International Launches Crestcom Cares Initiative

Initiative to help companies gain the skills needed to navigate the inevitable challenges of operating in a changing environment

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College Area Business District: Message from Executive Director, Jim Schneider

Looking Back as We Look to the Future (Time Changes Everything)

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Showing Support

SDBJ INSIDER

Thursday, May 7

Kilroy Realty Keeping To Schedule On One Paseo Project

PROPERTY: To Be Substantially Complete By March 2021

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Startup Knows How to Make Connections Count

HEALTH: Brief Contacts Give People Daily Comfort

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Scripps Ranch Life Science Campus Leased to Fate Therapeutics

Property: Renovating Entire 200,000 Square Feet for Headquarters

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April Defense Contract Awards Cover Aviation, Construction, Ship Maintenance and More

Small Businesses Tackle Building Work in the Southwest

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Chocolate Company Finds Success Online

RETAIL: Dallmann Confections Selling $15,000 Worth of Chocolate Survival Kits Per Month

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Sorrento Mesa Office Building Sold

BPs Bioscience is the new owner

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City of Carlsbad Approves $5 Million Economic Package Focusing on Small Businesses

The majority of the funding, $4.4 million, is for micro loans and small business recovery loans directly to Carlsbad small businesses, the city said.

Coping During COVID-19: A Free Community Conversation to focus Asian/Pacific Islander Communities

Each conversation features panels of distinguished community leaders, doctors, clergy, educators and therapists who share their expertise. There is time in each program for participants to submit questions.

Wednesday, May 6

Remodeling Firm Thriving Despite Pandemic Fears

Owner Says Clients Optimistic, No Cancellations

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Brain Corp. Raises $36M to Support Growth

Fresh Capital Will Help Co. Expand In Europe and Asia

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Swinerton Signs $3.2 M Lease In Hawaii

Lease is for 91 months

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North Park Vons Building Sold

Vons leasing through 2039

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Illumina Put Million Dollar Effort Into #GivingTuesday

About $300,000 will go to provide PPEs for frontline workers.

South County EDC Names New CEO, President

The South County EDC board received 500 applications for the position.

Pechanga RV Resort Reopens

According to a press release, safety measures will be implemented for both guests and team members in order to maintain public health and safety.

Rancho Santa Fe Foundation Names Kevin Crawford Board Chairman

Crawford, an executive coach, will serve for two years effective March 2020.

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Approval of MS Drug Adds To Scripps’ String Of Victories

It Is Not Uncommon for Patients To Change Treatments

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Tuesday, May 5

Residential Project Has Urban Feel, Flair

Otay Mesa Development Not Aimed at Typical Area Buyer

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Medical Office Building Sold For $6M

Building includes surgery center

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Sorrento Mesa Building Sold For $5.3M

Building was vacant

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Callaway Golf Strikes Hopeful Tone for Industry

Leisure: Company Generates a Profit; Sees Better Future

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Manscaped Announces Multi-Year Partnership with UFC

Manscaped has signed a two-year alliance which names it the official electric trimmer for UFC.

Sempra Completes $3.6 Billion Sale of Peru Utility

Energy: Company Says Move Bolsters Liquidity and Balance Sheet

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For This Local Startup, It Is all About The Bugs

BIOTECH: Sustainable Ag-Tech to Use Insects to Disrupt Insecticide Market

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Monday, May 4

One America News Network Continues to Make a Name For Itself

Media: San Diego-Based Cable News Channel Ratings Up 50%

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Escondido Apartments Sold For $9.5M

Complex has 39 apartments

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Qualcomm Hits The Mark With Q2 Earnings

Revenue Grew; Co. Expecting Less Revenue in Coming Quarter

California Coast Credit Union to Bring Lunch to Frontline Workers

Volunteers from California Coast Credit Union, with support from the San Diego Gulls and Rockin’ Baja Lobster in Old Town, plan to deliver lunch to frontline staff at the VA San Diego Clinic in Mission Valley on Thursday, May 7.

7-Eleven Opens Evolution Store in San Diego

According to a press release, the concept store, located on El Cajon Blvd., will include Mexican food restaurant Laredo Taco, as well as other new products and services.

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Dentists Emphasize Safety in Preparations For Returning to Work

Post COVID-19 Practices Reflect Safety First

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Saluting San Diego's Frontline Heroes

Local business leaders thank and recognize the dedication of our frontline workers

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Jimbo’s Donates $8,542.80 to Jewish Family Services Hand Up Food Pantry

According to a press release, Jimbo’s, the San Diego-based grocery store chain, will donate $8,542.80 to the organization.

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Escondido Shopping Center Sold For $13.3M

Deal took 21 days

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Sunday, May 3

Two Normal Heights Office Buildings Sell Quickly for $14.5M

Property on the Market For Less Than One Week

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TOVI Health Pivots to Help People Struggling To Cope While Working at Home

STARTUP: Co. Halts All Commercial and Product Development To Meet Immediate Mental Health Needs

Lighting Co. Turns Plastic Into Face Shields

MANUFACTURING: Solatube Using Stocked Plastic Sheets To Make Protective Equipment for Healthcare Workers

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Facial Coverings Now Required at San Diego International Airport

According to a press release, persons with a medical or mental health condition or developmental disability that prevents them from wearing a face covering are exempt.

Startup San Diego Launches Digital Workshop Series to Navigate Pandemic Era

Downtown San Diego Partnership in collaboration with Startup San Diego and Mission Edge is hosting a digital workshop series called The Startup Series: COVID Edition.

Dan Moore Named 2020 SDCCU Holiday Bowl President

Dan Moore succeeds Paul Hering.

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Sorrento Therapeutics Easily Transitions to COVID-19 Fight

PHARMA: Company Uses Antibody and Cell Therapy Expertise

Thank You

SDBJ INSIDER

Program Awards Grants to Restaurant Workers In Need

Hospitality: 155 San Diegans Have Been Awarded Financial Assistance In Last Five Weeks