Daily Business Report — June 3, 2011
Redistricting Commissioner is San Diego Resident
The San Diego Registrar of Voters ruled Wednesday that Redistricting Commissioner Carlos Marquez, whose residency was challenged by local GOP two weeks ago, is a registered voter in the city of San Diego, according to a report by San Diego News Room. Prompted by the Republican Party of San Diego County and redistricting commission chair Anisha Dalal to investigate the claims, the City Attorney’s office referred the question of Marquez’s permanent residence to Registrar Deborah Seiler. The Registrar determined Marquez is properly registered to vote at the Park Boulevard address they have on file. The commissioner’s residency was questioned after footage taken by a private investigator hired by the local Republican Party showed Marquez staying eight of the nine nights that he was followed at an apartment in West Hollywood. The evidence from these reports was submitted to the City Attorney’s office, who studied the information but said the Registrar’s office must make the final decision.
At the weekly redistricting meeting held on May 19, Republican Party Chair Tony Kvaric asked Marquez to resign from the commission for not being a registered voter and expressing partisanship. Marquez did not step down, stating an investigation would determine his residency. Marquez left his job as the director of public affairs at the San Diego Lesbian, Gay, Bisexual and Transgender (LGBT) Center in March and started his new job in Los Angeles on April 8. He admits to be staying at the apartment in West Hollywood as he commutes to work, but still considers his San Diego address his place of permanent residence. The next meeting of the San Diego Redistricting Commission will be June 9 at 4 p.m. at the Metro Operations Center in Kearney Mesa.
Nevada Company to Acquire Carlsbad’s Xnergy
Blue Earth Inc. of Nevada has signed a letter of agreement to acquire Carlsbad-based Xnergy, an energy services company, for up to $18.5 million. The sale amount would be payable in 4.5 million shares of Blue Earth common stock valued at $3 per share, $2 million in cash and a promissory note of up to a $3 million maximum. Xnergy was founded in 2001 and was profitable on revenue of $15 million in 2009 and $18 million in 2010, according to an announcement by Blue Earth. It said revenue for 2012 are forecasted to more than double over 2010. Xnergy provides a range of services that include the design and implementation of energy savings projects, energy conservation, energy infrastructure outsourcing, power generation and energy supply and risk management. Xnergy was founded by Jason Davis, president, and Joey Patalano, chief operating officer. Davis is to join Blue Earth’s board of directors.
Mission Valley Office Building Sold for $2.8 Million
Destiny Real Estate LLC has purchased the office building at 6863 Friars Road in Mission Valley for $2,813,505. The buyer is owned by Marwaha Group, a multi-unit franchisee. The two-story, 19,796-square-foot building was originally constructed in 1980 by Income Property Group for the advertising firm Phillips-Ramsey. Destiny Real Estate intends to remodel the building and move its San Diego Subway Development offices to the second floor. The ground floor space will be available for lease following the remodel. The building has 65 parking spaces in two levels of subterranean parking and is located west of the Fashion Valley Mall and north of the Riverwalk Golf Club. The sellers of the building were AK Partners Co., 535 S. Catalina Co., 345 S. New Hampshire Co. and AK Partners II. They were represented by Dick Balestri and Mike Alessio of CB Richard Ellis. The buyer was represented by Jim Karlovsky of Coldwell Banker Commercial.
Marshall Edwards Appoints Chief Medical Officer
Marshall Edwards Inc., a San Diego company involved in the development of anti-cancer drugs, has appointed Robert Mass as chief medical officer. Mass spent more than 10 years at Genentech, where he had a key role in the clinical development of oncology drugs Herceptin, Tarceva and Avastin. He has been a consultant to Marshall Edwards since October 2010. Mass has more than 20 years of experience as a medical oncologist in both clinical practice and clinical drug development. He held a number of leadership positions at Genentech from 1998 to 2009, most recently as head of medical affairs, bio-oncology, a position created to integrate all of the non-sponsored clinical programs within the company’s oncology portfolio.
Michael Breslauer Elected Managing Partner
The San Diego law firm of Solomon Ward Seidenwurm & Smith LLP has elected Michael Breslauer as managing partner, effective July 1. Breslauer’s legal practice focuses on bankruptcy and insolvency and related litigation. He has represented many varied business interests in all types of bankruptcy proceedings. Breslauer is a member of the San Diego County Bar Association’s Business Law Section, the State Bar of California’s Insolvency Law Committee and was a former member of the board of directors of the San Diego Bankruptcy Forum. He also is a mediator in the Bankruptcy Mediation Project of the United States Bankruptcy Court for the Southern District of California and a Wexner Heritage Foundation Fellow. He is a past president of Hillel of San Diego, which provides on-campus programmatic activities for Jewish college and university students throughout the county. Breslauer received his undergraduate degree from the University of Wisconsin (Madison) and his law degree from the University of San Diego School of Law.
Small Business Workshops
SCORE San Diego continues its series of low-cost workshops. Fees range from $29 to $109, depending on the program. To register online, visit score-sandiego.org. For more information, call (619) 557-7272.
• June 7 – Internet Marketing 304 – Cost-Effective Internet Marketing Tools – 9 a.m. to noon at National University in Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $49, $59 at the door)
• June 8 – Business Plan 101: How to Develop Your Best Competitive Advantage – 9 a.m. to 3 p.m. at National University in Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $79, $89 at the door)
• June 9 – Internet Marketing 201 – Build Your Business through Search Engine Optimization – 9 a.m. to 3 p.m. at National University in Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $69, $79 at the door)
• June 9 – Financial Statements – What They Mean, How to Use Them – 9:30 to 11:30 a.m. at National University in Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $29, $39 at the door)
• June 10 – Hiring and Managing Employees – 9 a.m. to noon at National University in Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $49, $59 at the door)
• June 11 – Introduction to Starting Your Own Business – 9 a.m. to 4:15 p.m. at National University in Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $69, $79 at the door)
• June 14 – Business Basics 101 – 9 a.m. to noon at National University in Kearny Mesa (9388 Lightwave Ave., San Diego 92123; No charge – please pre-register)
• June 14 – Managing Grants and Contracts – 9 to 11:30 a.m. at The San Diego Foundation in Point Loma (2508 Historic Decatur Road, #200, San Diego 92106; pre-paid registration $39, $49 at the door)
• June 15 – Internet Marketing 303 – Social Media for Small Businesses – 9 a.m. to noon at National University in Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $49, $59 at the door)
• June 17 – Import/Export – 9 a.m. to 4 p.m. at National University in Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $69, $79 at the door)
• June 18 – QuickBooks® Basic – 9 a.m. to 4 p.m. at National University in Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $69, $79 at the door)
• June 18 – Effective Marketing – Identify and Target Your Customers – 9 a.m. to 4 p.m. at National University in Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $69, $79 at the door)
• June 21 – Financing Your Business – 9: 30 a.m. to noon at National University in Carlsbad (705 Palomar Airport Road, Carlsbad 92011; pre-paid registration $29, $39 at the door)
• June 22 – Business Plan 201: How to Write a Winning Business Plan – 9 a.m. to 3:30 p.m. at National University in Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $99, $109 at the door)
• June 28 – Introduction to Starting Your Own Business – 9 a.m. to 4:15 p.m. at National University in Carlsbad (705 Palomar Airport Road, Carlsbad 92011; pre-paid registration $69, $79 at the door)
• June 29 – Tax Considerations for Small Business – 9:30 to 11:30 a.m. at National University in Kearny Mesa (9388 Lightwave Ave., San Diego 92123; pre-paid registration $29, $39 at the door)
• June 30 – Business Basics 101 – 9 a.m. to 3:30 p.m. at National University in Kearny Mesa (9388 Lightwave Ave., San Diego 92123; no charge – please pre-register)
The Daily Business Report is produced by REP Publishing Inc., publisher of SD METRO, the North Park News, Kensington News and the West Coast Craftsman. Contact: Manny Cruz (619) 287-1865.
