Stories for January 2021

Sunday, January 31

Celebrating Black Entrepreneurs

In celebration of Black History Month, we are honoring the achievements of Black Owned Businesses in our community.

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Taylor Puts Future in Hands of Its Employees

MANUFACTURING: Focus Is on Long Term, Founders Remain

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VCs Upbeat Over San Diego

FUNDING: $6.1 Billion Committed During 2020

Celebrating Black Entrepreneurship

BLACK HISTORY MONTH: Black-Owned Cos. Featured in Special Section

Taylor Puts Future in Hands of Its Employees

MANUFACTURING: Focus Is on Long Term, Founders Remain

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ENCOURAGEMENT CHANGES LIVES

LAW: Janice Brown Helps Build Business, Strives for Diversity

$80M Project Age Friendly

HOUSING: Towers Coming to National City

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Creating Well-rounded Students

NONPROFIT: Foundation Gives Young Men Tools to Succeed

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Dermaclara Banks on Stretch Mark Patch

MANUFACTURING: Miramar Co. Expected to Reach $3M in Revenue in 2021

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New Member

SDBJ Insider

Dermaclara Banks on Stretch Mark Patch

MANUFACTURING: Miramar Co. Expected to Reach $3M in Revenue in 2021

Encouragement Changes Lives

LAW: Janice Brown Helps Build Business, Strives for Diversity

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Creating Well-Rounded Students

NONPROFIT: Foundation Gives Young Men Tools to Succeed

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Thursday, January 28

Salk Institute Scientists Awarded $1.2 Million for Study of Brain Aging and Dementia

Scientists at the Salk Institute were awarded $1.2 million from the Larry L. Hillblom Foundation to research the process of aging and how it relates to neurodegenerative diseases such as Alzheimer’s disease.

Italian Deli Concept Targets San Diego

FOOD: Hopes to Open at Least Five Local Kisses from Italy Stores in Next Two Years

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NASSCO Launches First Navy Oiler

Barrio Logan Shipyard Has Contract to Build Six Ships, Plans More

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Carlsbad’s HAI Solutions Raises $500K From TCA

Company Has Two Medical Devices in Pipeline

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San Diego Becomes Largest County in U.S. to Commit to Zero Carbon Emissions by 2035

This makes it the largest county in the U.S. to commit to achieving this goal, according to the organization.

El Cajon Apartment Complex Sold

$4.4 million sale

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Vista Office Building Sold

$3.1 million sale

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Wednesday, January 27

Technology Lessons From Coronavirus Pandemic

Firms Embrace Technology, Prepare For Tax Change

Metawave Receives Air Force Contract

Will Adapt Its Auto Radar Technology for Aircraft Use

New Industrial Park Coming to Otay Mesa

Demand is High, No Sign of Any Cooling Soon

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Marriott Vacations to Buy Welk Resorts for $430M

Marriott Vacations Worldwide has agreed to buy Welk Resorts for approximately $430 million. Marriott plans to rebrand all Welk resorts as Hyatt Residence Club resorts.

Tuesday, January 26

SOCi Receives $80M in Series D Round, Mulls Acquisitions

FUNDING: Co. in Downtown Tech Hub Produces Multifaceted Tool for Internet Marketing

Mission Valley Project to Include 284 Apartments

HOUSING: Mixed-Use Development Will Add to Area’s Evolution

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Apartments to Come with Unusual Perk

DEVELOPMENT: $53M Affordable Housing Complex to Feature Orange Grove

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Hydrostasis Receives U.S. Patent for Tech

Historically Only 4% Get Approved

Solana Beach Office and Retail Building Sold

$10.9 million sale

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Escondido Apartments Sold

56 apartments

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Monday, January 25

Power Digital Acquires Media/Social Creative Co.

MARKETING: Social Method Marks Fourth Asset Acquisition as Part of Rapid Growth Plan

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The California Spirits Co. Expands a Fourth Time

BEVERAGES: San Marcos Facility to Add Over 100,000 Square Feet of Needed Space

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Today - SDBJ's Economic Trends 2021 - Register Now

This event is generously brought to you by our sponsors. Registration is required. Virtual Event is Tuesday, Jan. 26, 2021 · 2-4 p.m.

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SDBJ's 2021 Economic Trends Panelists Announced

This event is generously brought to you by our sponsors. Registration is required. Virtual Event is Tuesday, Jan. 26, 2021 · 2-4 p.m.

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Local Entrepreneur Launches PR Subscription Service

PitchBox Designed to Help Journalists Discover Brands

Seaport San Diego Plans Evolving

Project Responding to Burgeoning Downtown Redevelopment

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Mission Beach Apartment Building Sold

$4.3 million sale

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Sunday, January 24

Little Italy Apartment Tower to Be Prototype

DEVELOPMENT: Shows Market-Rate Housing Can Be Built Without Subsidies

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Partnering to Better Distribute Vaccine

TECH: IntelliGuard Collaborates with Rady’s Children’s Hospital

Petco’s IPO Raises $939M

RETAIL: Shares Priced at $18, Began Trading at $26

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Building the Next Big Idea

BIOTECH: Co. Raises $75M to Double Team

A Top School

SDBJ INSIDER

San Diego One Step Closer to Relaunching Cruise Industry

TOURISM: Five Holland America Line Cruise Ships, Sans Passengers, Currently Off Coast

Friday, January 22

Carlsbad Industrial Building Sold

$3.1 million sale

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Hillcrest Project Sold

$2.8 million deal

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Thursday, January 21

Toolbox Helps Bring Products to Market

Firm Helped Launch Multiple COVID-19 Innovations

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Pure Project Expanding

Miramar-Based Brewery to Open in Vista and North Park

Northrop Grumman to Support Japan

$37.7M Contract Will Help the Nation Fly Global Hawk Aircraft

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Parreno Taylor Appointed to Hispanic National Bar Association

Mishell Parreno Taylor, office managing shareholder of the San Diego office of Littler, has been appointed to serve on the Hispanic National Bar Association’s (HNBA) Latina Commission.

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Mission Valley Offices Leased

5,400 square feet leased

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Wednesday, January 20

New Technology, Vaccine Availability Reshaping Hospital Care

HEALTHCARE: Pandemic Speeds Up Innovation, Aids in Movement to Decentralize

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Delta Air Lines Picks Viasat For Internet

Carlsbad Co.’s Service Will Be On 319 New, Existing Aircraft

XILO Raises $2M In Funding

Co. Has 150 Insurance Agencies Using Its Platform

Houses That Think For Themselves

La Jolla Company Takes ‘Smart Homes’ to a New Level

Jumpcode Secures $21M

Jumpcode Genomics has raised $21 million in a Series B round of funding.

Organics Unlimited Adds Fair Trade Certified Label to Bananas

The organic label joins Organics Unlimited’s existing socially responsible GROW label and Organics Unlimited label.

SDAC Receives Record Applications

San Diego Angel Conference (SDAC) has received a record 124 applications for its 2021 fund season.

Escondido Industrial Building Planned

Summer construction

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Tuesday, January 19

Thermo Fisher to Acquire Mesa Biotech in Deal Worth up to $550M

Thermo Fisher Scientific Inc. (NYSE: TMO) will acquire San Diego diagnostic company, Mesa Biotech Inc. for around $450 million in cash, the firm announced on Jan. 19.

Carlsbad Firm Grows, Expands Product Offerings

BIOTECH: Co. Plans to Hire 40 More Staffers in 2021

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Turtle Beach Buys Neat Microphones, Hires Team

ELECTRONICS: Rancho Bernardo Co. to Expand Into New Markets

Wood Plant Hanger Company Grows During Pandemic

MANUFACTURING: Moving Direct to Consumer, Braid & Wood Sees Highest Sales in April, May

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Menon's Rapid COVID-19 Test Advances

Menon Biosensors Inc. announced on Jan. 19 that trials of its proprietary Molecular Mirror platform technology are advancing in collaboration with the University of California San Diego School of Medicine.

Building Owners Association Names Officers

BOMA officers

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Luna Grill Names New Chief Operations Officer

Rounding out the new executive team, Holliday will report directly to company President Rich Pinnella.

University Heights Apartment Building Sold

Building has 12 apartments

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Monday, January 18

Mamma Chia Capitalizing on Superfood Trend

BEVERAGES: Chiamilk Now Available in Sprouts, Will Soon Launch at Walmart

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Biden Names Marten to Federal Leadership Role

San Diego Unified School District Superintendent Cindy Marten was named by President-Elect Joe Biden as his Deputy Secretary of Education Monday.

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Auto Museum to Be Renovated by Barnhart-Reese

CONSTRUCTION: Part of $37.7 Million in New Contracts for the Company

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Saint Archer Teams with Local Tea Co.

Releases Limited Edition Beer in Partnership with Paru Tea Bar

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ID Studios Partners with Portland Firm

Will Stay Independent, But Work Jointly on Life Science Co. Projects

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Seminar Looks at Employment Law in the New Year

The most pressing and timely topics in California employment law are on the table Jan. 20-21 when the San Diego Employers Association presents its 41st Annual Employment Law Update. Paul Falcone is keynote speaker.

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State Tax Credit Deadline Nears; Webinar Set

Jan. 25 is the last day for businesses to apply for a California Competes tax credit through the state government.

‘Streets of Dreams’ Takes an Economic Look at San Diego’s Waterfront

The San Diego economy — specifically its working waterfront and its Blue Economy — gets national attention Tuesday when television personality Marcus Lemonis takes a video tour of Harbor Drive from the 32nd Street naval station to Point Loma.

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Sunday, January 17

New Homes Come with Vineyard Option

HOUSING: 800-Acre East County Development Has Unique Perk

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Cue Health Expands Operations to Vista

PROPERTY: Intense COVID-19 Test Kit Demand Drives Growth

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Janux Partners With Merck

BIOTECH: Deal Worth More Than $1 Billion

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Progenity Turns Around

BIOTECH: $100M IPO Gives Co. Boost

Harbor Drive

SDBJ INSIDER: CEO and entrepreneur Marcus Lemonis is featuring San Diego’s Harbor Drive on the 10 p.m. Tuesday, Jan. 19 edition of CNBC’s “Streets of Dreams with Marcus Lemonis.”

Inspired by Success, Swagyu Chop Shop Expanding

FOOD: Founded Last Summer, Butcher Shop to Open Third Location This Month

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Thursday, January 14

Stone Distributing Co. Grows Roster

BEVERAGES: Co. Adds San Diego-Based Societe Brewing Co. to Portfolio

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Evofem Hopes to Increase Access to Its Non-Hormonal Birth Control

PHARMA: Co. Awarded Contract with VA, Agreement with Medicaid

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Saffron & Sage Expands Leadership Team

Dr. Trupti Gokani Becomes Holistic Health Club’s Chief Medical Officer

Carlsmed Develops Personalized Implants

Co. Receives FDA Clearance, Prepares for Growth

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Aircraft Software Deal Worth $22.3M

Northrop Grumman Supports U.S. Navy’s Fire Scout Helicopter

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San Diego Convention Center Announces 2021 Board Officers

Elvin Lai, a San Diego-based hospitality executive and entrepreneur, will serve as board chair.

North Park Apartments Sold

Building has six apartments

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Stos Partners Buys Arizona Property

$16.4 million deal

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Sandy Naranjo Named Port Commissioner for National City

GOVERNMENT: Political Economist Involved in Civic and Labor Issues

Wednesday, January 13

SIM San Diego Launches Initiative for Women Tech Leaders

TECHNOLOGY: The Nonprofit Organization Enters Its 11th Year, Serves 170

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Public Library Addresses Community Tech Needs

Foundation Provided 300 Laptops to Those Working Remotely

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Home Prices to Grow by 9.4%

Low Mortgage Rates Contribute to Strong Demand

LevitZacks Announces Jared P. Werner as Shareholder

Certified Public Accounting firm LevitZacks is pleased to announce Jared P. Werner, CPA, J.D. LL.M. as shareholder, effective Jan. 1.

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Japan Airlines Resumes Nonstop Flights to Tokyo from SAN

The service will operate three times a week starting March 2. The resumption comes after Japan Airlines suspended service in April 2020 due to the COVID-19 pandemic.

Otay Mesa Industrial Building Leased

Five-year lease

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MG Properties Group Buys Phoenix Apartments

$145 million sale

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Industrial Building Sold

$4.2 million deal

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Tuesday, January 12

Shopping Centers Sold Amid Current Retail Environment

REAL ESTATE: Each Deal Had Something That Made Property Stand Out

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Three Women Win Accelerator Contest

Organization Dedicated to Minority-Owned Companies

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Arcturus Receives FDA Approval of Phase 2 Vaccine Trials

BIOTECH: Company Moves Forward on One Shot mRNA COVID-19 Vaccine

Micro-Apartments to Include Historic Structure

Narrow Lot East Village Project Providing Workforce Housing

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Monday, January 11

V.C. Activity Tops $5 Billion

CAPITAL: Historic Highs Reached in 2020

Historic Choice For Carrier CO

LEADERSHIP: Woman To Command the Lincoln

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Samburgers Opens in Little Italy Food Hall

Originally launched October 2020 in Seaport Village, Samburgers will be the third Eats by Sam concept to open at the Food Hall; Not Not Tacos opened July 2018 and Graze by Sam in February 2019.

Reneo Raises $95 Million for Rare Mitochondrial Disease

BIOTECH: Funding Coming From Well-Known Industry Investors

Genasys Caps Off A Record Year

Revenue Grew 16% in 2020; U.S. Army a Top Customer

Sunday, January 10

NASSCO Delivers a Second Ship to Matson

MANUFACTURING: Commercial Ship Is Part of a $511M Contract

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Mall Transformed into Class A Offices

PROPERTY: Downtown’s Paladion Sees $30M Redevelopment

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Coming Up

SDBJ INSIDER

$100 Million Mixed Use Project Planned for Poway

REDEVELOPMENT: Big Step Toward Providing Walkable Downtown

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Rubio’s Mexican Food Chain Enters Plant-Based Segment

DINING: Co. Adds Impossible Meat Items to Menu as It Exits from Chapter 11

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Om Mushroom Superfood Releases New Products

FOOD: Mushroom Broth and Coffee Blend are Latest Offerings

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North Park Apartments Sold

A North Park building with nine apartments has been sold for $3.2 million.

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City Heights Apartments Sold

Sale was $2.4 million

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Thursday, January 7

March and Ash Opens Fourth Dispensary in City Heights

RETAIL: High End Cannabis Business Projects Monthly Sales of More Than $800K for New Location

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Startup San Diego Makes Board Changes

Organization Appoints Four, Retires Three

Hyatt Hotels Support Small Businesses

Initiative to Uplift and Collaborate With Those Hurt By COVID-19

Contractor Focuses on Ship Support Plans

DEFENSE: General Dynamics Mulls Life Cycle Issues for Destroyers

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Otay Mesa Industrial Building Sold

$5.3 million deal

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Hillcrest Apartments Sold

19-apartment complex

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Kensington Apartment Building Sold

Includes three townhomes

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Wednesday, January 6

Costa Vista RV Resort is 75% Complete

RECREATION: Part of the Chula Vista’s Bayfront Master Plan, the Park is Scheduled to Open April 1

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Local Modeling Agency Expects Spike in 2021

Bensimon Projects Surge in Work This Year

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Pandemic Prompts New Design

Survey Starts to Change Way Builders See Housing

Ranch Land Sold

The Pauma band of Luiseno Mission Indians has acquired 140 acres of ranch land along State Route 76 adjacent to Casino Pauma.

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Oceanside Industrial Building Leased

Three-year lease

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Golden Hill Apartments Sold

32-apartment deal

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Tuesday, January 5

ClickUp Becomes San Diego’s Latest Unicorn

STARTUP: Co. Raises $100 Million, Valued at $1 Billion

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Longfellow Real Estate Partners Expanding San Diego Presence

REAL ESTATE: Making Progress in Lab Conversions, Development Pipeline

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Sandy Naranjo Named New Port Commissioner

Naranjo is a South Bay native, a political economist, environmental justice and labor advocate and a community organizer.

Classy Becomes Choice for Nonprofits

PHILANTHROPY: Company Helped Clients Raise Over $1 Billion

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Irvine Company Tests Offices for Resistance to COVID

PROPERTY: First in Nation to Be Certified as Healthy

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Pacific Beach Retail Building Sold

Building has three tenants

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Monday, January 4

New S.D. Leader For Deloitte

LEADERSHIP: Juli Moran Takes On Top Role

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CB&T Names New CEO

LEADERSHIP: Eric Ellingsen Takes Top Job

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Micro-Units to Provide Workforce Housing in North Park

DEVELOPMENT: Infill Project Goes Small in Effort to Make Apartments More Affordable

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First Flight for New Ground Station

Northrop Grumman Upgrades Controls for Global Hawk

Pro Kids Names Julie Dubick as Executive Director

Dubick was the chief of staff to former Mayor Jerry Sanders and a former partner in the law firm Seltzer Caplan McMahon Vitek.

San Marcos Vacant Land Sold

6.2 acres

Otay Mesa Industrial Complex Under Construction

Two-building complex

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Sunday, January 3

Liberty Station Sees Surge in Openings

HOSPITALITY: Con Pane, Rad Burger and Slurp Are Among Latest Additions

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Forward-Thinking San Diegans Grew Wealthy

THE LIST: County Has 8 Billionaires and Many Philanthropists

Honor Roll

SDBJ INSIDER

Viasat to Buy RigNet in Deal Valued at $222M

TECHNOLOGY: Houston Co. Serves the Oil and Gas Industry

Thermo Fisher Scientific Expanding in Carlsbad

DEVELOPMENT: Company Renovating 67,000 Square-Foot Building

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Locanabio Raises $100 Million in Series B Financing

BIOTECH: New Funding to Support Advancement of Co’s. RNA Gene Therapies

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