Stories for June 2021

Wednesday, June 30

ViaCyte Raises $115 Million Series D

BIOTECH: Co. Developing Drugs for Diabetes Patients

ViaCyte, a clinical stage biotech company, has raised $115 million in Series D financing, to bring forward two phase 2 studies of type 1 diabetes candidates.

Apartment Projects Drawing Investors

Buyers Snapping Up San Diego Multi-Family Complexes

Real estate investors are pouring money into San Diego multi-family projects snapping up everything from raw land to build on to well established apartment complexes.

Tease photo

USD Real Estate Department Marks First Year by Looking Back

EDUCATION: Daniel F. Mulvihill Remembered for Early Support; Endowed Chair Created

The Burnham-Moores Center for Real Estate has announced that July 1 will mark the one-year anniversary of the establishment of the University of San Diego School of Business’ Real Estate Department.

Holland America Plans 40 Cruises from S.D.

Restarting on West Coast with Two Ships, Expanded Season

Holland America Line, the cruise line headquartered in Seattle, Washington, has announced its fall cruise 2021 plans out of the Port of San Diego.

Tease photo

CEO of the Year Awards 2021 - Event Recap

This event recognizes our local industry leaders’ great achievements within their companies and in the community.

Tease photo

Tuesday, June 29

San Diego Brokers Arrange Riverside Sale

$23 million sale

Tease photo

Everbowl Superfood Co. Expands to Los Angeles

RESTAURANTS: Co. Has 130 More Stores Under Development

Everbowl, the Vista-headquartered superfood bowls and coffee chain, is expanding its footprint.

Tease photo

Join SDBJ & CCOE for July Cyber Threat Landscape Panel

Part of Continuing Commitment to Cybersecurity Information

As part of its continuing commitment to informing and helping its readers understand the complexities of cybersecurity, the San Diego Business Journal is partnering with the Cyber Center of Excellence for a special cyber panel discussion that will be available to view on sdbj.com on July 26.

Report Puts Cybersecurity’s Economic Impact at $3.5 Billion

Sector Affects San Diego Like Nine Super Bowls or 23 Comic-Cons; Military Is a Key Driver

San Diego County’s cybersecurity cluster is an economic giant and a growth engine. It accounts for 24,349 jobs across 874 firms, and has a total economic impact of $3.5 billion annually, according to an economic study released late this month.

Tease photo

When It Comes to Facing Hackers, Preparation Is Key

Information Technology Experts Recommend Several Steps for Better Cyber Hygiene

If San Diego business leaders hadn’t paid attention to cybersecurity before, they are paying attention now. “I think we’re finally getting to a point where everyone realizes cyber is everyone’s business,” said Lisa Easterly, president and CEO of San Diego’s Cyber Center of Excellence.

Normal Heights Company Helps Nonprofits Go Solar

TECH: CollectiveSun Has $50 Million in Projects Across 20 States

A Normal Heights company that helps nonprofit agencies go solar has gone from an idea spawned over coffee a decade ago to a growing concern with more than $50 million in projects across 20 states.

Tease photo

Tri-City Medical Center, NAACP Chapter Join Forces

HEALTHCARE: Mentors Encourage Youth Leaders to Pursue Career Ambitions, Reach Potential

North County young people are benefiting from a partnership between Tri-City Medical Center and the North San Diego NAACP.

Carlsbad Industrial Building Sold

$5 million sale

Tease photo

Lemon Grove Housing Complex Sold

$2.9 million sale

Tease photo

University Heights Apartment Building Sold

$5.7 million sale

Tease photo

Monday, June 28

Marketing Firm Moves to New Home

REAL ESTATE: Headquarters for Red Door Now in Sherman Heights

The contrast could hardly be more dramatic as Red Door Interactive moves from swanky downtown offices in Diamond View Tower overlooking Petco Park to a “village within a village” in Sherman Heights.

Tease photo

OnePitch Sees Growing Adoption

TECH: Co.’s Platform Sources Thousands of Journalists

San Diego-based OnePitch, a technology startup developing earned media software for journalists and marketing communications professionals, is seeing growing adoption for its software during the global pandemic.

Tease photo

Museum Launching Memorial Exhibit

Will Honor 200 Black Men and Women Who Lost Their Lives

The San Diego African American Museum of Fine Art will be honoring the lives of 200 Black men and women lost due to racial injustice and systemic racism.

Economic Opportunity

SDBJ Insider

Bank of America has announced more than $700,000 in grants to 30 San Diego nonprofit organizations that they say will help drive economic opportunity and upward mobility for individuals and families.

Sunday, June 27

Construction Starts on $1.3B Otay Ranch Project

REAL ESTATE: Development to Have More Than 2,700 Homes

Construction is starting on a nearly $1.3 billion housing project by HomeFed Corp. of Carlsbad that covers 868 acres in Otay Ranch that will ultimately have more than 2,700 homes and more than 2,100 rental apartments.

Tease photo

Inventory Grows Slightly as Prices Rise

Homes Still Selling Fast as Demand Remains Intense

San Diego County home prices continued to spiral ever higher in May but buyers got a small break as more houses came on the market, according to Zillow, an online listing and selling service, but demand remains intense.

Occuspace Provides Organizations with Occupancy Data

TECH: Co. Has Major Universities Using its Technology

San Diego-based Occuspace, an IoT occupancy data solution provider, has seen significant growth from universities and businesses, such as restaurants, gyms, ski resorts and apartment communities, over the last year in part due to the pandemic.

Bayfront Project Moves Forward

TOURISM: Resort Gets Needed Approvals

The decade-long, $1.23 billion Chula Vista Bayfront project is one step closer to completion.

Tease photo

TigerGraph to Add 100 Jobs

TECH: Co. Opening Innovation Hub

TigerGraph, a database and analytics company, will open a research and development center in San Diego that aims to employ more than 100 technology workers.

Fourth of July to Have Huge Economic Impact

TOURISM: Weekend Numbers Predicted to Be Similar to 2018

Fourth of July weekend is expected to be a huge economic driver for San Diego this year as the city continues with recovery efforts post-COVID-19, experts believe.

Tease photo

Saturday, June 26

Asian Business Association Receives $150,000 From AT&T

AT&T Inc. (NYSE: T) has awarded $150,000 to the Asian Business Association of San Diego as part of the corporation’s effort to support California’s Asian American and Pacific Islander community during a challenging time.

Friday, June 25

Special Report: Cybersecurity

When It Comes to Facing Hackers, Preparation Is Key

Tease photo

Women of Influence in Law 2021

It's time to celebrate and honor San Diego's influential women.

Tease photo

Star Rivera-Lacey Named Superintendent/President of Palomar Community College District

As superintendent/president, Rivera-Lacey will oversee a community college district encompassing 2,555 square miles in North San Diego County.

North Park Senior Apartments Sold

$5.7M deal

Tease photo

Thursday, June 24

Ecwid Acquired by Lightspeed

Co. Purchased for $500M Cash and Stock

Ecwid, an Encinitas-based e-commerce technology firm which helps small business owners to set up online stores, is being acquired by Lightspeed for $500 million in cash and stock.

Carlsbad Startup to Design Charging Station for NASA

TECH: Cos. Will Work to Bring Tech to the Moon

A novel lunar charging station fueled by solar cells could power up future NASA moon missions through a new partnership between San Diego’s mPower Technology and Honeybee Robotics.

Tease photo

Wednesday, June 23

Impacting Patients with Ultra-Rare Diseases

NONPROFIT: The n-Lorem Foundation Works with Cos. to Fund Free Personalized Treatments

Stanley T. Crooke, M.D., Ph.D. is using his years of experience at Ionis Pharmaceuticals to build something new — a nonprofit model for addressing ultra-rare diseases.

Tease photo

NASSCO Gets $98.7M Ship Repair Deal

General Dynamics Unit to Modernize USS Pinckney Over Two Years

The U.S. Navy awarded General Dynamics NASSCO (NYSE: GD) a $98.7 million contract to modernize the USS Pinckney, an Arleigh Burke class destroyer.

Tease photo

Oceanic Marina Launching La Jolla Hotel

Cormorant to Feature Restaurant and Views

Oceanic Marina LP, a private property management firm headquartered in Kearny Mesa, is launching a new boutique hotel and rooftop restaurant and bar in San Diego.

Tease photo

Downtown Vista Poised for Significant Growth

TOURISM: North County City Sees Large Crowds as COVID-19 Restrictions Ease

According to the City of Vista, its downtown area, replete with breweries, restaurants and shops, is poised for significant growth this summer. Foot traffic is already up from 2019, as per reports.

Tease photo

Conservation Center at Scripps Getting $43 Million Makeover

CONSTRUCTION: Project to Take Advantage of Location

A 1960s era Marine Conservation Center at the Scripps Institution of Oceanography at the University of California San Diego that had the look and appeal of a concrete bunker is getting a makeover in a $43 million project designed by Safdie Rabines Architects.

Tease photo

Tuesday, June 22

Nominate Today - Women of Influence 50 Over 50 2021

The San Diego Business Journal will publish a section dedicated to 50 female trailblazers over 50, highlighting their careers and accomplishments.

Tease photo

JuneShine Completes Celebrity-Led Series A Funding Round

BEVERAGE: Co. Expected to Reach Close to $30 Million in Revenue in 2021

JuneShine, Inc. recently closed a celebrity-led Series A funding round, securing investments from a host of stars.

Tease photo

SDSU’s Fowler College of Business Gets Endowed Chair

EDUCATION: Receives Donations Totaling $4.5 Million

San Diego State University’s Fowler College of Business has received $2.25 million with $1.5 million to support its first endowed chair and $750,000 for the university’s Corporate Governance Institute.

First 3Roots Homes to Go on Sale

Sorento Mesa Development Will Have 10 Separate Neighborhoods

The first homes are scheduled to go on the market this summer in a Sorrento Mesa housing development that will ultimately include 1,800 homes.

Tease photo

FormAlloy Harnesses Additive Process to Grow

MANUFACTURING: Technology Shows Potential During Pandemic’s Supply Chain Troubles

FormAlloy, which specializes in additive manufacturing in metal, has outgrown its 6,500 square feet of space in Spring Valley. The business has doubled in size each year, with its staff growing to more than 15, said co-founder and CEO Melanie Lang.

Monday, June 21

GovX Sees Record Rise in Sales in 2020

E-COMMERCE: Co. Targets Military Shoppers with Discounts

San Diego-based GovX, an e-commerce company that sells merchandise exclusively to U.S. military and first-responder communities, has seen record growth in 2020.

Tease photo

RDC Architects Moves to Hillcrest

Firm Finds New Home in Historical Building

RDC, the architectural firm behind the redevelopment of Horton Plaza and the expansion of Del Mar Highlands Town Center, has moved its San Diego headquarters to an historical building in HIllcrest.

Foundation Awards Grants

Two San Diego Restaurants Each Receive $25,000

Two San Diego food places have received $25,000 grants each from the California Restaurant Foundation in partnership with television personality Guy Fieri.

Fintech Startup Raises $15 Million

Blooma Has Major Customers Using its Platform

San Diego-based Blooma, a fintech startup which makes software to streamline underwriting for commercial real estate loans, has raised $15 million in a Series A round of venture capital funding.

Tease photo

Going Over

SDBJ Insider

The Hilton San Diego Bayfront hotel will be the scene of a unique fundraiser on July 17.

Sunday, June 20

Three Satellites Get Set for Launch

General Atomics Serves Military; Viasat Eyes Worldwide Coverage

Two local satellite projects are getting closer to launch.

Onchilles Pharma Raises $7M for Targeted Cancer Therapy

BIOTECH: Early-Stage Co. Expanding in San Diego

Onchilles Pharma, a preclinical biotechnology company developing novel cancer therapies, raised $7 million in Series A funding.

Tease photo

Road Test for Achates Power

TECHNOLOGY:Walmart To Try Out Novel Engine

The day is coming when Californians won’t be able to buy new passenger cars with gasoline engines. Even so, leaders at Sorrento Valley-based Achates Power believe there will still be a need for fossil fuel engines.

Tease photo

Banner Year for Bumble Bee

MANUFACTURING: Revenue Surpasses $1B

In spite of the pandemic - or possibly as a result of - Bumble Bee Foods, LLC, had a banner year last year, according to the company.

Tease photo

Private Equity Activity Grows

FINANCE: Firms Expand Services to Remain Competitive

Private equity shops, alternative asset managers and other investment firms see growing opportunity in the local private equity scene.

Medical Building Sold in Unusual Deal

REAL ESTATE: Pavilion Sale to Save Palomar Health $2M Annually

Palomar Health has sold the Pomerado Outpatient Pavilion in Poway in a complicated deal that the company said will save it more than $2 million annually in leasing costs.

Tease photo

Friday, June 18

San Diego Museum Council Names Bob Lehman New Executive Director

Lehman was previously the executive director of the San Diego Gay Men's Chorus and the director of marketing and sales of the Phoenix Theater Cultural Center in Indianapolis.

Office Buildings Refinanced

SD office buildings refinanced with a $91 million loan arranged by CBRE.

Tease photo

Imperial Beach Townhomes Sold

$2.5 million deal

Tease photo

Thursday, June 17

Airport Launches Daily Nonstop Flights to Santa Barbara Via Alaska Airlines

Alaska Airlines is the only airline to offer nonstop service between the two destinations.

Oxford-based Microscope Maker Arrives in UTC

TECHNOLOGY: Seeking Global Presence, ONI Chooses San Diego as New Headquarters, Plans to Hire

Oxford Nanoimaging (ONI), the maker of a desktop microscope that lets scientists see single cells at the molecular level, has moved its headquarters from Oxford, England to the University Towne Center.

South County Jobs Fueled by Blue Economy and Logistics

San Diego’s Southern Region Builds Momentum Off of Coastal Location and Proximity to U.S.-Mexico Border

Location is everything when it comes to understanding what is fueling jobs and long-term growth for the South County.

Tease photo

Businesses Find Many Opportunities

Advertising, Fashion, Surfing Cos. Optimistic

WowYow, a North Park-based visual artificial intelligence company, has received investment from Launch Factory and Andy Ballester, the co-founder of GoFundMe.

Wednesday, June 16

CH Projects to Launch Downtown Members-Only Club

HOSPITALITY: The Reading Club Will Open in September at the InterContinental

Consortium Holdings, better known as the restaurant and bar group CH Projects, will soon premiere its most innovative project yet.

Tease photo

Plant Power to Double Locations

Revenue Up from $1.1M in 2017 to $14.5M in 2020

Plant Power Fast Food, the Escondido-based vegan fast food chain with eight locations, plans to nearly double its number of stores as well as its revenue by 2022.

Tease photo

MG Properties Buys Phoenix Apartments

$74.5 million sale

Tease photo

Westcore Acquires Two Warehouses

$108 million deal

Tease photo

Tuesday, June 15

Mitek Systems Makes Acquisition, Sees Record Profits

FINANCE: Firm Closes $49M Deal; Surpasses $100M in Revenues

Mitek Systems, which makes software geared to mobile image capture and identity verification, has acquired startup ID R&D in a $49 million deal.

Historic Oceanside Building Becomes Boutique Hotel

REDEVELOPMENT: Transformation of 133-year-old Structure Especially Challenging

Transforming a 133-year-old building in downtown Oceanside to a trendy boutique hotel has proven especially challenging.

Tease photo

Ocean Beach Residential Property Sold

Three-building deal

Tease photo

Encinitas Commercial Complex Sold

Retail and office

Tease photo

Liquid Instruments Raises $13.7M in Series B Round

TECH: Co. Builds Portable Lab Technology

Liquid Instruments, a local company and maker of an 8-in-1 scientific measurement device geared towards students and engineers, has raised a $13.7 million Series B round in venture capital funding.

Tease photo

Hyatt Regency La Jolla Gets Makeover

HOSPITALITY: New Look Gives UTC Hotel More Contemporary Feel

The Hyatt Regency La Jolla at Aventine in UTC has a whole new look, courtesy of a $10 million renovation recently completed that is meant to give it a more contemporary feel inside and out.

Tease photo

Monday, June 14

ecoATM Lands $75M

San Diego-based ecoATM has raised $75 million to support growth.

A Generous Donation

SDBJ Insider

The Lawrence Family Jewish Community Center Jacobs Family Campus has received a $5 million donation from Joan and Irwin Jacobs.

San Diego Changes Terminal Street Directions

TRANSPORTATION: Cross Border Xpress Request Approved

Cross Border Xpress (CBX) recently received approval from the City of San Diego’s Planning Commission to convert city streets within the 64-acres satellite airport terminal to private streets.

Tease photo

Daasity Provides Brands with Data Insights

Co. Raises $3.4M From Investors in Seed Round

San Diego-based Daasity, an analytics and data platform for e-commerce brands, has raised a $3.4 million seed round.

Tease photo

Dr. Bronner’s Makes Dark Chocolate Bars

Ethical Line to be Available Nationwide This Summer

Dr. Bronner’s, the Vista-based natural soap maker, is trying its hand at sweet confections.

Sunday, June 13

Convention Center Preps for August Reopening

TOURISM: Approximately 70 Events Scheduled Through June 2022

The San Diego Convention Center Corporation, which halted meetings and conferences last March due to the COVID-19 pandemic, is readying to reopen.

Tease photo

GA-ASI Sells Aircraft Services to Department of the Navy

Contractor Will Operate MQ-9s for the U.S. Marine Corps Under $11 Million Deal

The U.S. government and Poway-based General Atomics Aeronautical Systems Inc. recently announced two deals related to its MQ-9 remotely piloted aircraft.

Tease photo

BioTheryX Raises $92M in Series E Round

BIOTECH: Co. Adds New Leadership; Sees Potential IPO

San Diego-based BioTheryX, a clinical stage biotech focused on protein modulation to treat difficult diseases, has raised a $92 million Series E round.

Carlsbad Helps Cos. Stay Safe

CYBERSECURITY: Effort Educates Businesses

The city government of Carlsbad is offering a new and timely service to small businesses within its city limits: a program that will help businesses brush up on their cyber hygiene.

DoD Outlines 2022 Spending

DEFENSE: Funds Spur 25% of S.D. Economy

San Diego defense contractors as well as the broader regional economy stand to benefit under a U.S. Department of Defense (DoD) budget proposal made public just before Memorial Day weekend.

Former Escondido Mayor to Head BIA

LEADERSHIP: Pfeiler Is First Woman to Hold Industry Group's Top Spot

San Diego’s Building Industry Association – a lobbying and trade organization for the construction industry – went in a new direction in choosing Lori Holt Pfeiler as its next CEO.

Friday, June 11

Special Report: South County

South County Jobs Fueled by Blue Economy and Logistics

Tease photo

City National Bank Funds Operation HOPE

City National Bank has donated $10,000 to Operation HOPE-North County in Vista.

Tease photo

“Say Their Names” Memorial Exhibit Opens July 10

Located at the M.L. King Promenade at the New Children’s Museum Park, the memorial features 200 photos of Black victims whose lives were lost due to racial injustice.

Lemon Grove Townhomes Sold

$9 million sale

Tease photo

Thursday, June 10

Mainly Mozart Announces 33rd Annual All-Star Festival Orchestra Festival

The All-Star Festival Orchestra will feature five concerts featuring members from prestigious orchestras and works ranging from Mozart to Beethoven to J Haydn.

Downtown Office Building Sold

Built in 1970

Tease photo

Mission Valley Office Building Sold

Nearly $3.5 million sale

Tease photo

Big Bay Boom Returning July 4

Annual Fireworks Show Generates $10.1M in Incremental Business

After a hiatus last year due to COVID-19, the Port of San Diego’s Big Bay Boom fireworks show will mark its return to the San Diego waterfront this year.

Students Pitch Trading App Idea

Local Team Will Compete in Global Competition

A four-student team of entrepreneurs-in-the-making competed at a local pitch competition in San Diego to decide who has the best business plan.

3 Startups Place in Pitch Competition

Winning Co. Helps Aspiring College Students

Connect All @ the Jacobs Center, a diversity-focused incubator in Southeast San Diego, has selected three winners for its fourth annual startup competition.

Tease photo

Wednesday, June 9

Predicted Exodus Skipped San Diego

Area Still One of the Most Desirable Places to Live

The migration of people moving from urban centers to the suburbs as a result of the pandemic never happened in San Diego, according to a report from Newmark, a commercial real estate brokerage and research firm.

PetDx Partners with Petco to Offer Dog Cancer Detection

BIOTECH: Co. Moves from Stealth Mode, Product Enters Select Veterinary Hospitals

San Diego’s Petco and PetDx, a local biotechnology startup are working together on a collaboration to offer multi-cancer detection tests for dogs across the country.

Citadel Defense Secures New Headquarters

Citadel Defense has secured a new headquarters in San Diego.

Tease photo

Tuesday, June 8

San Diego Legion Returns to In-Person Matches in San Diego

Tickets for the next two home games, to be held June 20 and June 26, 2021, are now on sale at sdlegion.com/tickets.

Lightspeed Acquires Ecwid

Lightspeed POS Inc., has acquired a local startup to beef up its e-commerce offerings.

Tease photo

Biotech Ranking Introduced in 2021

Spring 2021 CSUSM Business Confidence Index

Students at the College of Business Administration at Cal State San Marcos have begun monitoring San Diego’s biotechnology sector — an area that has weathered the storm of COVID-19 well.

Tourism Begins Rebuilding Process

Spring 2021 CSUSM Business Confidence Index

Tourism and hospitality is on the rebound, but it may take up to two years to achieve pre-COVID levels. That’s the view of 93% of people who responded to a recent survey.

Region’s Brewers Regain Confidence

Spring 2021 CSUSM Business Confidence Index

San Diego County’s craft brewing community is feeling confident about the future, according to a just-released survey conducted by the College of Business Administration at Cal State University San Marcos.

Businesses Upbeat About the Months Ahead

Cal State San Marcos Project Takes Stock of the Economy for Remainder of the Year

Business leaders in San Diego County feel the economy is poised to turn around after the COVID-19 pandemic, with slightly more than one-third forecasting that it will happen in the next six to 12 months.

San Marcos Farm Sells Unique Crops to Nation’s Top Chefs

AGRICULTURE: Girl & Dug Farm, Lucky Growers Expects 15% Revenue Growth in 2021

Aaron Choi’s farm operation is not your typical farming business. Located in San Marcos and at just under 60 acres, Lucky Growers grows mostly Asian veggies.

Tease photo

Otay Mesa Property Sold

$7 million combined price

Tease photo

Oceanside Apartments Sold

$3.9 million deal

Tease photo

Baker Tilly Taps New Managing Partner

ACCOUNTING: Firm is One Of 10 Largest Nationally

Baker Tilly US, one of the largest accounting firms in the country with a presence in San Diego, has appointed Thomas Bennett as managing partner for the firm’s Orange County and San Diego markets.

Monday, June 7

PepsiCo Beverages North America Opens Facility in San Diego County

The nearly 125,000-square-foot warehouse features will create further job opportunities in San Diego County.

New $40 Million Arena Breaks Ground

DEVELOPMENT: Oceanside’s El Corazon Area Surges with Activity

A key piece in the development of the 465-acre El Corazon section of Oceanside will fall into place this month when Sudberry Properties and the San Diego Sockers start construction of a $40 million arena that will be the home of the soccer team.

Tease photo

Hologic Receives $179M Contract for SARS-CoV-2 Assays

U.S. Army Buys Gear to Test for COVID-19; Solute Gets Information Technology Work

The U.S. Army awarded Hologic Inc. (Nasdaq: HOLX) a three-year, $178.5 million contract for Panther Fusion SARS-CoV-2 assays, Aptima SARS-CoV-2 assays, multiplex test kits and associated reagents and consumables.

Tease photo

The Busalacchi Group Plans Expansion

Little Italy-Based Restaurant Co. to Open Fourth Location by End of Year

The Busalacchi Group, founded in 2008 and with three food places in Little Italy these days, is planning to expand.

Tease photo

In Person Is Back

SDBJ Insider

June looks like it is going to be a month of excitement as many businesses and organizations are planning to bring back in person work and events.

Sunday, June 6

Spanish Inspired Sky Deck Completed

CONSTRUCTION: COVID-19 Delays Final Piece of $120M Center Expansion

A $120 million expansion of the Del Mar Highlands Town Center shopping center in Carmel Valley is wrapping up with the completion of Sky Deck, a 26,700 square foot dining center that will include eight restaurants, three breweries and an open-air cocktail lounge.

Tease photo

Co. Promises Stress Free Home Buying

Home Bay Technologies Gives Sellers Cash

A real estate company based in Rancho Santa Fe - Home Bay Technologies - has come up with a new wrinkle for buying and selling homes that the company says takes the stress out of home buying.

Tease photo

$9 Million Upgrade to Santee Lakes Center Completed

CONSTRUCTION: Grand Opening Scheduled for June 17

A $9 million upgrade to the Santee Lakes Recreation Preserve has been finished, including construction of a new administration building, fishing dock, expanded general store and picnic area.

Tease photo

CMX Raises $50M Series A

TECH: Co. Helps Brands Manage Risk

ComplianceMetrix (CMX), a San Diego-based enterprise quality management software maker, has raised $50 million in Series A funding.

TaylorMade Sold To Korean Firm

MANUFACTURING: Co. Poised for Growth

Carlsbad-based TaylorMade Golf Company Inc. is being sold to Centroid Investment Partners, a Seoul, Korea, based private equity firm.

Border Project Could Have $1.2B Impact

ECONOMY: Bid for World Design Capital Designation Accepted

The bid by the Design Forward Alliance on behalf of the University of California San Diego’s The Design Lab for the World Design Capital designation has been accepted by the World Design Organization.

Tease photo

Friday, June 4

Special Report: Business Confidence

Businesses Upbeat About the Months Ahead

Tease photo

La Mesa Apartments Sold

$8.2 million sale

Tease photo

Airspace Expands Leadership Team

Airspace Technologies has hired a new executive.

Kratos Appoints Longtime CFO to Board

Kratos Defense & Security Solutions Inc. (Nasdaq: KTOS) announced on June 3 that it has named its longtime CFO, Deanna Hom Lund, to its board of directors.

San Diego International Airport Now Offering Nonstop Flights to Kahului, Maui

The route will add a second daily flight beginning June 27.

Thursday, June 3

Event Preview - CEO of the Year Awards 2021

Register Today - this event recognizes our local industry leaders’ great achievements within their companies and in the community. Awards recipients will be announced during the event.

Tease photo

Wireless Firm’s Founder Began His Journey in China

TECHNOLOGY: Yan Hui Fine-Tunes Networks, Sees Growth With Airhop

As a boy, Yan Hui took a liking to radio. AM, FM and ham radio had a certain allure.

Junya Watanabe Learns the Tricks of the Trade

Founder of The RakiRaki Ramen and The Yasai Adds His Own Spin on Japanese Recipes

Before opening the first The RakiRaki Ramen restaurant in Kearny Mesa in 2011, Junya Watanabe was a fashion designer.

Tease photo

Creating Her Own Job and Community

RETAIL: Josephine Lee Makes Her Mark In the Dance World as a Pointe Shoe Fitter

For Josephine Lee, her first business was born out of tough times and her newest venture is no different.

Tease photo

Wednesday, June 2

Vista Office Building Sold

$3.2 million sale

Tease photo

Spring Valley Apartment Complex Sold

$10.8 million

Tease photo

Burnham-Moores Center Names Scholarship Recipient

EDUCATION: Alexander Allione Receives Award Given in Memory of Daniel Woodruff

The Burnham-Moores Center for Real Estate at the University of San Diego School of Business presented Alexander Allione with the Daniel B. Woodruff Memorial Scholarship in April.

Life Science Campus Completed

85% of Buildings Already Leased

Three Torrey Pines office buildings have been transformed into a campus for life science companies in a $100 million renovation project that was just completed.

Tease photo

Viasat Promotes Senior Executives

TECHNOLOGY: Will Oversee Defense and Fixed Broadband

Viasat Inc. (Nasdaq: VSAT) has promoted two executives to positions within the company’s leadership team.

USD Students Take Honors in Real Estate Competition

EDUCATION: Real-World Skills Needed to Maximize an Opportunity on New Alderaan

A team of five Master of Science in Real Estate (MSRE) students from the University of San Diego School of Business made a very strong showing in the 2021 ARGUS University Challenge.

North Park Apartment Building Sold

$2 million sale

Tease photo

Tuesday, June 1

Legoland California Resort Opens Lego Movie World

The Lego Movie World is based on the films “The Lego Movie” and “The Lego Movie 2: The Second Part”.

Lily Quan Found Her Niche

REAL ESTATE: Opened Carlsbad’s Q-Homes in 2019

Lily Quan wanted to be a doctor, worked as a flight attendant for American Airlines and in 2019 opened Q Homes in Carlsbad real estate agency with her husband.

Tease photo

Companies Opt for Downtown San Diego

As Pandemic Concern Ends, Area Expected to Turn Corner

New leases have been signed in two prominent downtown office buildings, the newly renovated Paladion at the edge of the Gaslamp District and DiamondView Tower overlooking Petco Park.