SD BUSINESS JOURNAL DAILY ENEWS

Jack in the Box’s Lenny Comma Resigns

Jack in the Box’s CEO, Lenny Comma, will be stepping down.

Northrop Grumman Pursues Jammer Deal

DEFENSE: State Dept. OKs Anti-IED Systems for Australia

Northrop Grumman Corp. is lining up an overseas order for its battlefield signal jammers, which the company designs and builds in San Diego.

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Poway Industrial Building Sold For $2.1M

Submarket has strong demand

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Rents Soften a Bit for Amenity Rich Apartment Towers

Class C Apartments Are In Demand With Less Than 2% Vacancy Rate

All those fancy apartment towers going up downtown combined with a slowing job growth have resulted in a softening of rents for pricey places to live.

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Leasing Activity Appears to Show Strong Office Sector

Irvine Co. and Casey Brown Co. Successfully Fill Spaces

Anecdotal evidence of the steady strong demand for office space in San Diego comes with word that the Irvine Co. has signed leases with five new companies.

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SpringBoard West Taps Into Music And Mentorship

Band Bootcamp Gives Artists a Learning Experience

SpringBoard West music fest was founded in 2012 and which takes place annually in Ocean Beach.

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Carnival Miracle to Make 13 Homeported Journeys From San Diego

ECONOMICS: Cruise Line’s Local Impact To Reach $26 Million

Seven years since it last departed from the Port of San Diego, Carnival Cruise Line launched its winter schedule.

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Millennials to Say Bye to Boomers, Hello Homeownership

HOUSING: Change Will Be Gradual Leveling Playing Field For Buyers and Sellers

Baby boomers will ease the housing crunch when they die. So says a report from Zillow, an online real estate brokerage.

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Bankers Hill Office Building Sold For $3.5M

Building was fully leased

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MG Properties Buys Nevada Apartment Complex

Project has 240 apartments

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Presidium Health's Concierge Care Takes On Tough Cases

MEDICINE: Focus Put on Population of Frequent ER Users

Just 5% of patients account for roughly half of the nation’s health care spending. These “super users” cycle through emergency rooms.

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City Heights Apartment Building Sold For Nearly $3.4M

Building has 18 apartments

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Executive Q&A: Jon Fredricks, CEO, Welk Resorts

Welk Resorts CEO Jon Fredricks is the grandson of Lawrence Welk, the television bandleader and host of “The Lawrence Welk Show” who founded the company in 1964.

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Raytheon to Tend Shipboard Networks

Contract Has $75M Ceiling; Most of Work to Be Local

The following are selected defense contracts awarded to San Diego County companies in November and December.

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Zentalis Pharmaceuticals Emerges with $85M Round for Cancer Drugs

Cancer drug developer Zentalis Pharmaceuticals recently surfaced with an $85 million round. The funding was a series C financing, an unusually late point for a drugmaker to make its public debut.

BurgerIM Opens Linda Vista Location

According to a press release, BurgerIM is located on Linda Vista Road in Linda Vista.

Bonita Point Plaza Sold For $30.7M

Center has 27 tenants

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It Was a Year of Great Catches

TOURISM: Sportfishing Fleet Sees Big Crowds, Long Season

The sportfishing industry in San Diego, which has long served as a magnet for tourism and an economic driver for the region, is in the midst of a boom.

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Johanna Schiavoni to Take The Helm at Bar Association

LEGAL: New President Has Served in Various Leadership Roles at Bar

The San Diego County Bar Association announced that Johanna Schiavoni will serve as president of the organization for 2020.

Evofem’s Gel Shows Promise Preventing Some STDs

Evofem Biosciences’ gel in midstage clinical trials reduced the risk of chlamydia and gonorrhea infections compared to a placebo.

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