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.

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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.

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.

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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.

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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.

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Three Satellites Get Set for Launch

General Atomics Serves Military; Viasat Eyes Worldwide Coverage

Two local satellite projects are getting closer to launch.

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

$91 million loan

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Imperial Beach Townhomes Sold

$2.5 million deal

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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.

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.

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.

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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.

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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.

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MG Properties Buys Phoenix Apartments

$74.5 million sale

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Westcore Acquires Two Warehouses

$108 million deal

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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.

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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.