San Diego Business Journal back issues from August 2008:
Builders group opposes recent bank lending practices: reeling industry 'harshly treated,' says executive.
Aug 04, 2008; ... Mick Pattinson, the embattled chief executive of Barratt American Inc., has joined forces with more than 30 fellow contractors from as far away as Medford, Ore., to convince banks to restore lending lines that have been shut down as the housing crisis has worsened. He's the ...
Simplifying the internet: after raising $20m in VC funding, Chumby looks to expand network.(Company overview)
Aug 04, 2008; ... [ILLUSTRATION OMITTED] Chumby Industries Inc. intends to reduce the clutter of the Internet. The Carmel Valley-based, venture-backed startup sells a wireless device about the size of a grapefruit called the Chumby, which delivers simple "widget" applications such as ...
PPH touting high-tech plans for future hospital: construction part of grander expansion, renovation scheme.(Palomar Pomerado Health)
Aug 04, 2008; ... [ILLUSTRATION OMITTED] Before the "hospital of the future" debuts in Escondido, Palomar Pomerado Health is tinkering with tomorrow's technologies. Wireless patient monitoring, "telepresence" robots controlled by doctors at home and in-room temperature and ambient ...
Nightclub owner unloading 2 venues: Bar West under contract, the Witherby up for sale.(James Brennan)(EnDev LLC)
Aug 04, 2008; ... James Brennan, a 35-year-old, bootstraps entrepreneur who founded EnDev LLC, a company that launched several nightclubs in rapid succession in recent years, is in the process of selling one and has another one on the block. Brennan said that his firm has entered into a contract ...
Correction.(Correction notice)
Aug 04, 2008 ... Due to an editing error, Juliet Singh, CEO of Transdel Pharmaceuticals Inc., was ...
Visual artists can power up in Carlsbad.(SDBJ INSIDER)
Aug 04, 2008; ... He's got a ticket to a ride ... Barry Robbins, a partner in Chicago Bros. Pizza, Milton's Deli in Del Mar and Milton's Breads, has collected classic and exotic autos--such as his 612-horsepower Maybach 57S--for years. With so many classic and exotic cars around, he opened Arrive Like ...
London column is coming.(Gary H. London)(Brief article)
Aug 04, 2008 ... Gary H. London, a noted real estate economist and expert whose client list includes banks, businesses, developers and public agencies, brings his column to the Business Journal on a semimonthly basis beginning with the Aug. 18 issue. [ILLUSTRATION OMITTED] London, ...
Casino work force shrinking.
Aug 04, 2008; ... Whether 400 layoffs at the Pechanga Resort & Casino are an indicator of things to come at the region's American Indian casinos is an intriguing question. Management at casinos contacted by the Business Journal last week said they did not anticipate layoffs; some said they were ...
Concert venues facing uncertain times as economy slows down: house of blues owners deny rumors of sale.
Aug 04, 2008; ... In response to a recent story in the San Diego Reader, a freebie news magazine that cited "well-connected" anonymous sources saying that San Diego's House of Blues was facing the chopping block due to low turnouts, a Live Nation executive basically said that it's not true. "I'd ...
Airport authority delays awarding contract for $10m office building.
Aug 04, 2008; ... Plans for a $10 million modular building to accommodate the increasing number of workers at Lindbergh Field were put on hold last month because of the struggling economy and uncertainties surrounding the airline industry. The board for the San Diego County Regional Airport ...
Chargers find it easier to secure wins than new stadium site: team has invested 6 years, $10 million in hopes of getting first-class home.(San Diego Chargers)
Aug 04, 2008; ... Fan optimism is running high as the San Diego Chargers prepare for the 2008 season, but the excitement has nothing to do with the prospects of building a new stadium. The team owners, the Spanos family, have been seeking a state-of-the-art football palace for six years, with ...
Stars not aligned for La Valencia, Rancho Valencia sale.(Brief article)
Aug 04, 2008; ... The historic La Valencia Hotel is officially off the block, but industry sources say that if the right buyer came along with the money to acquire it in a package deal with Rancho Valencia resort in Rancho Santa Fe, they would be sold. In February, Michael Gallegos, president and ...
Retailers, small businesses in South Bay hit with ADA lawsuits: 60-plus owners are targeted for complaints.(Americans with Disabilities Act)
Aug 04, 2008; ... Americans with Disabilities Act lawsuits are cropping up again, this time against small business owners in the South Bay. The communities of Chula Vista, San Ysidro and National City have become target of the most recent round of civil actions claiming that people with ...
Xantrex spins off San Diego division.
Aug 04, 2008; ... Xantrex Technology Inc. of Canada agreed last week to sell its San Diego-based programmable power division for $120 million in cash to Ametek Inc., based in Pennsylvania. The July 28 announcement was part of an arrangement for Xantrex to be acquired by the French company ...
SDG&E likely won't meet deadline as Stirling project awaits OK: utility: sunrise needed to produce more electricity from renewable resources.(San Diego Gas & Electric Co.)
Aug 04, 2008; ... Stirling Energy Systems, which has applied to build a $1 billion, 750-megawatt solar power plant that could partially power San Diego Gas & Electric Co.'s proposed Sunrise Powerlink transmission line, says it has been "quietly perfecting" its technology. But with Stirling Energy ...
Gunnar digital performance eyewear.(Made in SAN DIEGO: Products created or produced locally)(Brief article)
Aug 04, 2008 ... [ILLUSTRATION OMITTED] Retail price: $99-$189. Sold locally and online: Sunglasses & Optical Warehouse, Eye Structure, H Street Optical, Torrey Highlands Optical and online at ...
Wiggity Bang Whizizzle Phonics game series.(Made in SAN DIEGO: Products created or produced locally)(Brief article)
Aug 04, 2008 ... [ILLUSTRATION OMITTED] Retail price: $12. 95. Sold locally and online: Geppetto's, Game Towne, UCSD Bookstore and ...
Sanyo Xacti E1 waterproof camcorder.(Made in SAN DIEGO: Products created or produced locally)(Brief article)
Aug 04, 2008 ... [ILLUSTRATION OMITTED] Retail price: $500. Sold locally and online: Fry's, The Sharper Image and online at Amazon. com. Sanyo North America Corp. has launched its ...
Helping Olympic games go Green generates Green for Solatube: installing 'daylighting' devices at Beijing venue brings more work to firm.
Aug 04, 2008; ... Solatube International Inc. of Vista is getting exposure for its low energy "daylighting" product at the Beijing Olympics, which have been dubbed the "Green Olympics." The Chinese government is trying to revamp its image as a colossal greenhouse gas emitter by using sustainable ...
Manchester Financial Bank planning to open doors in October.(FINANCE)(Brief article)
Aug 04, 2008; ... Doug Manchester's bank, aptly named after the local hotel developer, is now targeting an October opening date, three months later than originally envisioned. "The FDIC (Federal Deposit Insurance Corp.) has some issues these days and reviewing bank applications is not a priority ...
Once strong Downey Savings facing failure.(FINANCE)
Aug 04, 2008; ... Downey's Prospects Dismal: Downey Savings and Loan, based in Newport Beach and with five branches in the county, could be the next savings bank to fail. On July 25, Moody's Investors Service downgraded the thrift a notch from D+ to D. That leaves two notches in Moody's rating ...
Torrey Pines Bank portfolio grows.(FINANCE)(Financial report)(Brief article)
Aug 04, 2008; ... Torrey Pines Bank Portfolio Grows: Torrey Pines Bank, a subsidiary of Western Alliance Bancorporation of Las Vegas, reported net income of $1.3 million for the second quarter, down from $1.5 million in the first quarter of the year. Bucking the trend of many other lenders, TPB ...
Cal Community Portfolio grows 26 percent.(FINANCE)(California Community Bank)(Financial report)(Brief article)
Aug 04, 2008; ... Cal Community Portfolio Grows 26 Percent: Not much of a credit crunch at Escondido-based California Community Bank, which said total loans increased $26.6 million, or 26 percent over the year ended June 30. Total assets at the four-office bank grew to $148.3 million, up 15 ...
Security business profits down, but no bad loans.(FINANCE)(Security Business Bancorp)(Financial report)(Brief article)
Aug 04, 2008; ... Security Business Profits Down, But No Bad Loans: Security Business Bancorp reported net income of $585,000 for the first six months of this year, down by about 5 percent from last year's $720,000 in profits. The bank's total loans were up 21 percent to $166 million, ...
The name of the game.(Ask the EXPERTS)
Aug 04, 2008; ... One of the most pervasive software threats on the Internet today is a family of programs that target people who play online games. This malware (MALicious softWARE) is designed to steal the credentials of players. In this context we are talking about usernames, passwords and other ...
Greenlight aims to curb power demands for IT systems.(TECHNOLOGY)
Aug 04, 2008; ... Researchers at UC San Diego have fetched a $2.6 million from the National Science Foundation along with university sources to fund Project Green Light, an initiative to improve energy efficiency in supercomputers. The rapid growth in data-intensive scientific research has fueled ...
Sales attorney joins downtown construction law firm.(LAW)(Scholefield & Associates)(Johnny Manriquez)(Brief article)
Aug 04, 2008; ... Scholefield & Associates, a downtown construction law firm, is introducing the newest member of its practice. A salesman. Meet Johnny Manriquez, who will serve as the firm's first "sales attorney" tasked with scouting out new clients and building business relationships. ...
New position facing mixed peer reviews.(LAW)(Brief article)(Conference notes)
Aug 04, 2008; ... Paris Conference Speaker: Maria Sendra, chair of Baker & McKenzie's Southern California corporate and securities practice, recently spoke at a Paris conference about clean tech and the global growth environment. The program, organized by the French American Society of ...
After 1st Pacific Bank reports $1.7 million loss, shares drop.(PUBLIC COMPANIES)(Financial report)(Brief article)
Aug 04, 2008; ... Burned by more bad loans, banks are putting aside more reserves. The move means fewer dollars for the bottom line, and sometimes results in net losses, as it did for San Diego-based 1st Pacific Bancorp in the second quarter. The holding company for 1st Pacific Bank of ...
Sempra to buy EnergySouth for $510m.(PUBLIC COMPANIES)
Aug 04, 2008; ... Sempra Energy and EnergySouth Inc. jointly announced July 28 a definitive merger agreement for Sempra to acquire Alabama-based EnergySouth for $510 million in cash. Under the deal, EnergySouth shareholders will receive $61.50 per share for their stock, a 23 percent premium over ...
Cubic trims staff, buys Omega training.(PUBLIC COMPANIES)
Aug 04, 2008; ... Cubic Shrinks, Then Expands: It was a good news, bad news time at Cubic Corp., a defense and transportation company. On July 23, Cubic said it cut its defense unit by 110 employees, or 2 percent of its staff, to reduce costs. On July 29, Cubic said it acquired Omega Training ...
SAIC.(Ticker Takes)(Science Applications International Corp.)(Brief article)
Aug 04, 2008; ... Ticker Takes: SAIC had some big wins recently. Also known as Science Applications International Corp., the defense contractor was among six companies awarded a $900 million contract for nuclear weapons advisory work. A few days later, it announced ...
Nitches Inc.(Ticker Takes)(Brief article)
Aug 04, 2008; ... Nitches Inc. said its Backwoods retail subsidiary is expanding with two stores and launching a Web site. Send ...
Patriot Scientific Corp.(Ticker Takes)(microprocessing technology)(Brief article)
Aug 04, 2008; ... Patriot Scientific Corp. said Robert Bosch GmbH agreed to license its microprocessing technology, the 12th new license for 2008. ...
Infosonics Corp.(Ticker Takes)(Brief article)
Aug 04, 2008; ... Infosonics Corp. was notified that it is not in compliance with Nasdaq's minimum bid regulation of $1 per share, and has until Jan. 6 to comply or be ...
Nextwave Wireless Inc.(Ticker Takes)(agreements to sell wireless spectrum)(Brief article)
Aug 04, 2008; ... Nextwave Wireless Inc. signed agreements with four parties to sell part of its wireless spectrum portfolio for $150 million. ...
Javo Beverage Co. Inc.(Ticker Takes)(revenue report)(Financial report)(Brief article)
Aug 04, 2008; ... Javo Beverage Co. Inc. reported second-quarter revenues increased 109 percent from 2007's second quarter to $6.7 million; net loss was $2.2 million compared with a $5.7 ...
Growing Chamber's recipe includes lemony ingredient.(EAST COUNTY)(San Diego East County Chamber of Commerce mergers with Lemon Grove Chamber of Commerce )(Brief article)
Aug 04, 2008; ... Board members with the San Diego East County Chamber of Commerce approved a proposal to merge the Lemon Grove Chamber of Commerce into the East County organization July 23. The merger will add 160 members to the East County chamber, which now counts about 800 members. ...
Clone hopes to duplicate success with new services.(DEL MAR)(Clone Duplicating & Printing)(Brief article)
Aug 04, 2008; ... Clone Duplicating & Printing recently expanded its services and product line to include custom stationery, such as holiday cards. It also is offering custom printing on nearly ...
Business Association to bring fashion into focus.(ESCONDIDO)
Aug 04, 2008; ... Not wanting to be fashionably late, the Downtown Business Association is already planning next year's Downtown Fashion Week. The local California Center for the Arts complex is set to host Fashion Week events April 6 to ...
Comment now on bay front or forever hold your peace.(CHULA VISTA)(Brief article)
Aug 04, 2008; ... An extended public comment period for a draft master plan for the city's bay front expires at 5 p.m. Aug. 7, according to the Port of San Diego, which shared the cost of the environmental impact report with the city and San Diego-based Pacifica Cos. LLC. Approval of the EIR is ...
Council to review plans for hotel, shops, eateries.(VISTA)(Brief article)
Aug 04, 2008; ... Plans for a 93-room Marriott hotel, shops and restaurants in the southern business park district have been appealed by Ari DeJong and the Liberty Family Partnership, setting the stage for a review by the City Council on Aug. 24. The project, at ...
Pair of ballot measures to tax voters' strength.(EAST COUNTY)(Brief article)
Aug 04, 2008; ... The La Mesa and El Cajon city councils have voted to place a sales tax increase on the November ballot. In El Cajon, the city will ask voters to approve a half-cent sales tax increase. Voters approved a half-cent sales tax increase in 2004, and the proceeds are funding new ...
Funding search may land on right side of tracks.(ENCINITAS)(Brief article)
Aug 04, 2008; ... City officials are seeking state bond money to dig four pedestrian underpasses beneath the railroad tracks along the city's six-mile coast. The project, which would be completed in 2011, is projected to cost $17 million, which would come from a $20 billion voter approved ...
Bridging the digital divide: advertising spending online expected to hit $23 billion in 2008.(ADVERTISING & PUBLIC RELATIONS: A SAN DIEGO BUSINESS JOURNAL SPECIAL REPORT)
Aug 04, 2008; ... [ILLUSTRATION OMITTED] In response to shifting budgets and rising performance pressure, advertising professionals are devoting more of their resources to digital media, particularly online. The name of the game is still reaching the masses, but doing so by way of a robust ...
Ad courses going digital while sticking to basics: range of strategies is key to success, professors say.(advertising)
Aug 04, 2008; ... Advertising and marketing programs at local universities have jumped on the digital bandwagon, along with the business community, but not at the expense of teaching fundamentals, professors say. The key to a balanced education in advertising, the consensus goes, is to use ...
Digital advertising budgets to rise 20 percent this year: sponsored links on search engines to grow rapidly, report says.
Aug 04, 2008; ... The recent headline on Adweek.com was certainly compelling: "Will Economic Downturn Sink Digital?" But perhaps the answer was a bit too obvious. The ensuing chorus among advertising insiders, analysts and bloggers familiar with the surveys anchoring the article was loud and clear: of ...
Market research firms.(Directory)(Statistical table)(Company rankings)
Aug 04, 2008; ... <Pre> MARKET RESEARCH FIRMS Ranked by full-time San Diego County employees as of July 1, 2008 Number of localfull-time Telephone ...
Motiva79 targets net with agency launch.(Brief article)
Aug 04, 2008; ... The Internet advertising realm of video, multimedia and social networking is about to expand with the launch of Motiva79 LLC in San Diego. With 25 years of experience working with national brands such as Gatorade and TranUnion, Scott C. Berg and Brad R ....
Advertising profile: Jeffrey Detrick.(Epicenter Advertising Inc.)
Aug 04, 2008 ... Jeffrey Detrick says he self-financed Epicenter Advertising Inc.'s startup in 2001 with an investment of $25,000. Since then, the company has been on the Business Journal's Fastest-Growing Private Companies' list, and last year alone grew by 25 percent, according to Detrick, the firm's ...
Legal notice.
Aug 04, 2008 ... FICTITIOUS BUSINESS NAME STATEMENT File No. 2008-020894 FICTITIOUS BUSINESS NAME: Collins & Associates Insuranceexperts.com 353 E Park Ave #201 El Cajon, CA San Diego 92020 THIS BUSINESS IS HEREBY REGISTERED BY THE ...
Sperry Van Ness sells franchise rights to Southern California offices.(REAL ESTATE)(Sperry Van Ness Equities)(Brief article)
Aug 04, 2008; ... Irvine-based Sperry Van Ness recently sold franchise rights to offices in Southern California, Arizona and Oregon, including two offices in San Diego County to Guardian Management LLC, a real estate investment and management firm based in Portland, Ore., at an undisclosed sum. ...
Grubb & Ellis leaders in lease signings.(REAL ESTATE)(Brief article)
Aug 04, 2008; ... Ahead Of The Pack: Grubb & Ellis|BRE Commercial penned more industrial real estate deals in San Diego in the second quarter than any other brokerage, according to data recently released. The local brokerage with five offices and a team of 190 represented landlords or tenants in ...
Other notable sales.(REAL ESTATE)(Brief article)
Aug 04, 2008; ... [ILLUSTRATION OMITTED] Newport Beach-based KBS Realty Advisors made a $27.9 million profit selling a commercial office property in Del Mar Heights late last month. KBS said July 24 it sold the three-building, 232,000-square-foot complex in the 12,200 block of El Camino Real for ...
Matalon architecture designs $9 million senior housing facility.(PROGRESS REPORT)(Matalon Architecture & Planning)(Matalon Architecture & Planning )(Brief article)
Aug 04, 2008; ... Matalon Architecture & Planning of San Diego designed a $9 million, 60-unit senior housing facility in Clovis, Calif. The three-story, 50,000-square-foot project was designed for Southern California Presbyterian Homes. Amenities include a large community room with a service kitchen, a ...
Brookfield Homes starts work on second phase of Scripps Ranch Community.(PROGRESS REPORT)(Brief article)
Aug 04, 2008; ... Brookfield Homes has begun building six new homes in Phase 2 at Serenity, located within The Estates at StoneBridge just east of Scripps Ranch in San Diego. With trenching under way and framing beginning next month, Phase 2 will be completed and ready for ...
Construction is nearing completion for the Smith Consulting Architects-designed ECR Corporate Center, which will accommodate the Tri-City Wellness Center and a medical office building, located respectively at 6250 and 6260 El Camino Real in Carlsbad.(PROGRESS REPORT)(Brief article)
Aug 04, 2008; ... Construction is nearing completion for the Smith Consulting Architects-designed ECR Corporate Center, which will accommodate the Tri-City Wellness Center and a medical office building, located respectively at 6250 and 6260 El Camino Real in Carlsbad. Smith Consulting Architects is ...
Johnson & Jennings General Contracting has completed construction for the new 2,575-square-foot San Diego National Bank branch office in Scripps Ranch located at 10020 Scripps Ranch Blvd. in Scripps Ranch.(PROGRESS REPORT)
Aug 04, 2008; ... Johnson & Jennings General Contracting has completed construction for the new 2,575-square-foot San Diego National Bank branch office in Scripps Ranch located at 10020 Scripps Ranch Blvd. in Scripps Ranch. The project scope included both exterior and interior construction. Exterior ...
Grubb & Ellis' Capital Markets Group arranged a $4.8 million permanent loan for Klawiter Executive Plaza, a multitenant office property in Cardiff by the Sea.(PROGRESS REPORT)
Aug 04, 2008; ... Grubb & Ellis' Capital Markets Group arranged a $4.8 million permanent loan for Klawiter Executive Plaza, a multitenant office property in Cardiff by the Sea. Located at 1951-1953 San Elijo Ave., Klawiter Executive Plaza is a 15,000-square-foot, two-story building. It stands across from ...
Grove, a 12-unit apartment community located at 1423-1433 Grove Ave. in Imperial Beach, was sold for $1,280,000 to Yaroslav Kushnir.(SALES)(Brief article)
Aug 04, 2008 ... Grove, a 12-unit apartment community located at 1423-1433 Grove Ave. in Imperial Beach, was sold for $1,280,000 to Yaroslav ...
Viridian at La Costa Greens posted nine sales in the second quarter of this year.(SALES)(Financial report)(Brief article)
Aug 04, 2008 ... Viridian at La Costa Greens posted nine sales in the second quarter of this year. Viridian is currently priced from the low $900,000s. Viridian offers one-and two-story homes with ...
Green Acres Self Storage located at 95 Green Acres Drive in Reno, Nev. has been sold to A-American Storage Management for $6.3 million.(SALES)(Brief article)
Aug 04, 2008 ... Green Acres Self Storage located at 95 Green Acres Drive in Reno, Nev. has been sold to A-American Storage Management for $6.3 million. Green Acres Self Storage is an 86,000-square-foot, single-story project situated on 4.7 acres. The ...
San Diego-based Westcore Properties, which opened a European office in Lausanne, Switzerland, in November 2006, has sold a 125,000-square-foot office building in Austria for $39.2 million.(SALES)
Aug 04, 2008 ... San Diego-based Westcore Properties, which opened a European office in Lausanne, Switzerland, in November 2006, has sold a 125,000-square-foot office building in Austria for $39.2 million. The buyer of the six-story building in the ...
MedixPartners has leased 1,139 square feet of retail space at 3740 Rosecrans St. in Point Loma from H&A San Diego LP.(LEASES)(Brief article)
Aug 04, 2008 ... MedixPartners has leased 1,139 square feet of retail space at 3740 Rosecrans St. in Point Loma from H&A San Diego LP. The five-year lease is valued at $251,209 ....
Tsuruya Restaurant has leased 3,158 square feet of retail space at 3740 Rosecrans St. in Point Loma from H&A San Diego LP.(LEASES)(Brief article)
Aug 04, 2008 ... Tsuruya Restaurant has leased 3,158 square feet of retail space at 3740 Rosecrans St. in Point Loma from H&A San Diego LP. The 10-year lease is valued at $1,303,305. The new lease brings the 7,400-square-foot retail center to 100 percent ...