No. 1998). The organisation's status is listed as "Active". It focuses on the "real estate design, construction, and property management space." For example, in Bulbs 4 East Side, the court determined that there was sufficient evidence to demonstrate secondary meaning where the plaintiff had used the mark continuously for some 34 years, its annual sales had increased over the past eight years to $1.4 million, its advertising expenses had grown during that period, and it enjoyed unsolicited nationwide media coverage. See SA Bay LLC v. Hall, 849 F. Supp. The lawsuit says the plaintiff, the owner of a Virginia plumbing business who allegedly paid the defendants "a staggering $347,075 in interest" in less than a year and an additional $68,494 in ACH program fees, is a prime example of "both the destruction of small businesses and the devastation to their individual owners and families." Tex. "Stockdale" was chosen as a reference to Stockdale, California, where the company was founded. R. Civ. Oct. 15, 2019). All content is posted anonymously by employees working at Stockdale Capital Partners. Once a movant meets this burden, the burden shifts to the nonmovant to show the existence of a genuine fact issue for trial. In total, the project will cost about $450 million to develop. (Doc. The seller was Kentucky-based Columbia Sussex, which operates hotels across the country, and which was embroiled in a scandal over alleged misuse of federal Paycheck Protection Program last year. Retailer's Exit Lets Developer Stockdale Proceed With $275 Million Downtown Project By Lou Hirsh CoStar News Developer Stockdale Capital Partners' plans to turn a faded downtown San Diego mall into creative offices are back on schedule, after longtime tenant Macy's dropped its opposition and announced plans to vacate the site in March. The Court made that decision in response to a lawsuit filed by the Sierra Club. Id. (Doc. Id. By signing up for ClassAction.org's newsletter, you can read all about the latest class action settlements, making it easier than ever to claim money that's owed to you. Pat Finn previously served as a producer for KPBS Midday Edition and KPBS Evening Edition. Plaintiff claims that the current value of its real estate holdings is in excess of $150 million, and that since 2013 it has expended approximately $75 million in real estate acquisitions. 41-16 at 20). It has secured a $550 million real estate opportunity fund to look at new opportunities. Stockdale Capital Partners is a growing vertically-integrated Los Angeles based real estate investment firm, affiliated with Stockdale Management, a property management firm. 41-4 at 117), (Doc. A defensive stalwart, Oswego Easts Tyler Jasek surprises Joliet West. Defendants "are primarily focused on the acquisition and development of real estate for commercial uses" and seek investments from "ultra-high net worth individuals." Before the Court is Defendants' Motion for Summary Judgment. The developer expects to complete the first phase in 2020, although the plans are subject to city approval. at 935. Its suit is based on its leases which grant them veto power over any changes. 10850 Wilshire Blvd Ste 1050, Los Angeles, California, 90024, United States. The headquarter was located at 5151 Stockdale Highway, Bakersfield, CA 93309. In 2018, Stockdale Capital Partners purchased the property and announced plans to develop it into an office park and tech campus. Stockdale Capital Partners announced the agreement reached with Macy's to allow the downtown San Diego project to move forward. Here We Go Again (2018). But in October, eight Congress members including three from the L.A. area asked the Small Business Administration to investigate Columbia Sussex for allegedly misusing the funds. The deal closed May 11. Every story is a dose of insight into how to run a better, more efficient, more profitable business. The best employees, having . The . A massive adaptive reuse project in downtown San Diego, Campus at Horton, signals the start of an urban lab boom. 3d 928 (S.D. Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diegos next big economic windfall: a modern office campus. Moreover, as the USPTO further determined, the mark has the structure and pronunciation of a surname, there is no stylization associated with the mark that would remove its primary significance from being that of a surname, and the mark has no other known meanings. Lawsuit: Sacramento police uses force against racial justice protests but ignores Proud Boys . Jane has 5 jobs listed on their profile. See you on the other side! . Id. The center was sold by Australian investment firm QIC, which purchased it in late 2017 as part of a larger deal with . Stockdale Capital Partners said Monday that an engineering and design firm found that the Horton Plaza redevelopment project has the necessary features to serve San Diego's thriving life . This factor weighs against a likelihood of confusion. 41-1 at 105-07); it pays for membership in industry groups such as the Urban Land Institute (Doc. Cir. Stockdale plans to redevelop the mall into a $275 million high-tech office space with fitness studios and restaurants on the ground floor. . Stockdale Capital Partners will continue with its redevelopment plans to transform the nearly vacant mall into The Campus at Horton, an innovative creative office, entertainment and retail center. Defendants maintain that they do not engage in any advertising, marketing, or sponsorships. (Doc. Agric. A descriptive mark can only be protectible when it has acquired secondary meaning. 34-2 4). at 638). stockdale capital lawsuit. Stockdale Capital Partners' $275 million project, known as The Campus at Horton, could be halted unless the developer and Macy's can work out differences ahead of a June court date for a lawsuit recently filed by the retailer. 61.7 F. Los Angeles. The Fund is currently required to allocate net capital gains and ordinary income taxable for U.S. federal income tax purposes, if any, proportionately between Common Shares . Stockdale Capital Partners, LLC 6 years 1 month Managing Director May 2022 - Present9 months Los Angeles Metropolitan Area Vice President Asset Management Jan 2017 - Present6 years 1 month. (Doc. Yari's company, Stockdale Capital, recently completed the adaptive reuse of the former Henkel Scottsdale headquarters near Loop 101 and Scottsdale Road, including renaming the building, the . The goal is to finish the redevelopment of the mall in the second quarter of 2022, Divinsky said. 41-15 Exh. Cafferty, who has seen renderings of the proposed office park, describes a destination where Hortons large anchor stores are repurposed as individual offices with high ceilings, lots of light and the large floor plans coveted by todays youthful tech companies. Macys sued Stockdale Capital Partners in October arguing that Stockdales plans to turn the shopping center into a mixed used development centered on the development of new offices violated Macys lease. According to Pop Culture Crime, the Stockdale family of Beach City, Ohio, was one of the more aggressively traditional and wholesome families to ever appear on "Wife Swap." RE/MAX Int'l, Inc. v. Trendsetter Realty, LLC, 655 F. Supp. Parents . A few months before the malls sale, the owner of Jimbos Naturally food store chain filed a lawsuit against Westfield for breach of contract, claiming that the landlords failure to maintain the property drove away customers. LOS ANGELES - April 19, 2021 - Stockdale Capital Partners ("Stockdale"), a Los Angeles-based, vertically-integrated real estate investment firm, announced that hospitality veteran William "Bill" Doak has joined the company as a Managing Director and Head of Stockdale Hospitality. RP 74. capital or securities . Stockdale Capital Partners announced that it has reached a settlement with Macy's that will allow the company to proceed with the $275 million redevelopment of Horton Plaza in downtown San Diego. Id. No. Bainbridge DXS and its management wing Torrey Pines Hotel Group, launched a $500 million fund earlier this year to buy up to 200 distressed properties. Read employee reviews and ratings on Glassdoor to decide if Stockdale Capital Partners is right for you. the $275 million redevelopment of Horton Plaza in downtown San Diego. "We're thrilled to work on our first project for Stockdale Capital Partners," shared Jim Kurtzman . Design work on the 10-acre project is being led by Retail Design Collaborative and Rios, Clement Hale. Two Pesos, Inc., 505 U.S. at 768 (citing Abercrombie & Fitch Co. v. Hunting World, Inc., 537 F.2d 4, 9 (2d Cir. Music Department: Star Trek Beyond. Additional office space is planned by Stockdale Capital Partners for Horton Plaza, although a pair of the mall's current tenants are fighting the conversion. ACACDC-33568730) filed by Defendant Stockdale Capital Partners, LLC. Earlier this month, Macy's West Stores, Inc. had filed a lawsuit against Stockdale Capital Partners, the Los Angeles-based real estate investment firm that purchased the Jon Jerde -designed. Although this lawsuit and others (Jimbo's Natural Foods is also suing) do not comment on preserving . However, Amazing Spaces is materially distinguishable. 3d 573, 589 (S.D. At what point is it worth leaving your job and running your own firm? The new owners, Stockdale Capital Partners, bought Horton Plaza just over a year ago and have now been sued by one of its last remaining tenants, Macy's Department Store. Cho, through his firm Mitaa Group, owns a handful of commercial properties . UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION. No. By Posted student houses falmouth 2021 In jw marriott panama concierge lounge San Diego Union-Tribune reporter Jennifer Van Grove joins Midday Edition to explain the lawsuits and and the cutrrent status of the mall. (Doc. 34-5 at 138:15-24). Ticketmaster Dallas Stars, No. Xtreme Lashes, LLC, 576 F.3d at 228. Stockdale plans to update and reposition the hotel while stabilizing . On one hand, Defendants argue that the parties provide different services and operate on different scales. The flashy-at-the-time shopping center, designed with a Disneyland-meets-Italian-hills vibe, was seen as a model of urban development. . Apply to Senior Financial Accountant, Realtor, Line Cook/prep Cook and more! Moreover, both parties acknowledge that potential consumers in the real estate industry exercise a high degree of due diligence in their dealings. No. Seller: Principal Real Estate Investors. Amazing Spaces, Inc. v. Metro Mini Storage, 608 F.3d 225, 230 n.7 (5th Cir. Similarity of the marks. Excited to kick off 2023 with the news that Cain has been nominated in two categories for Real Estate . They proposed an "innovation hub" focused on technology and biotechnology companies. It also pointed to the absence of survey evidence and the fact that the consumer declarations showed that their confusion stemmed from the overall architecture of the facilities, not from the similarity of the plaintiff's and defendant's symbols. institutions including The Carlyle Group, Highbridge Capital and Morgan Stanley. No. Stockdale Capital Partners announced that it has Stockdale Capital Partners is part of the Real Estate industry, and located in California, United States. Plaintiff, on the other hand, avers that the parties acquire the same types of properties, offer property management services, and perform similar business activities. Ground floor retail is still part of the envisioned equation, though storefronts will primarily feature singular, San Diego-inspired eateries along with boutique health and fitness venues. Sch. Plaintiff was not in fact involved with that deal. Only three claims for relief remain at issue in this case; Plaintiff withdrew counts II, III, VII, and VIII in its Second Amended Complaint. In 1979 she became KPBS Public Information Director, then Director of Advertising and Promotion, Program Director, and Director of Broadcasting. Summary judgment is proper when there is no genuine dispute as to any material fact and the moving party is entitled to judgment as a matter of law. Stockdale Radiology is a full-service imaging center with a dedicated women's center. Plaintiff contends that the mark is arbitrary. Stockdale Capital Partners announced that it has reached a settlement with Macy's that will allow the company to proceed with the $275 million redevelopment of Horton Plaza in downtown San Diego. Stockdale Capital Partners bought the 175-key hotel. 1971). The new owner of The Shops at Northfield has added the real estate occupied by Macy's. An entity affiliated with Los Angeles-based Stockdale Capital Partners paid $8 million last week for the Macy's property at 8298 Northfield Blvd. Stockdale Capital Partners announced the agreement reached with Macy's to allow the downtown San Diego project to move forward. The total fine was more than $2million. The Court addresses each in turn. at 228-29 (emphasis added) (determining that although distinguishable, the "Xtreme Lashes" and "Xtended Beauty" logos were sufficiently similar that consumers could believe that Xtended Beauty was a product line offered by Xtreme Lashes). Los Angeles, California. A mark develops secondary meaning "when, in the minds of the public, the primary significance of [the mark] is to identify the source of the product rather than the product itself." stockdale capital lawsuit. Id. Provide . Defendants contend that "Stockdale" is at best merely descriptive because it is a surname and because it is geographically descriptive. There, the plaintiff, a self-storage services company, sued a competitor for infringing upon its use of a particular star symbol. Rabobank was the successor institution. Mark similarity "is determined by comparing the marks' appearance, sound, and meaning." Inc., 852 F.2d at 556 (explaining that lack of dictionary definitions is indicia that the primary significance of a mark is as a surname). The news came less than two . Co-founders Sean and Stephen Yari, Property on 1740 Ocean Avenue (Google Maps) JW Marriott Rumelia Gott Hotel Santa monica Sold to Stockdale Capital Partners for about $ 75 million Genuine Have learned.. Bill Doak, Managing Director of Hospitality at Stockdale, confirmed the sale but did not provide the exact amount. 2019). But not his teammates. Now that the hotel has a new owner, the union has higher hopes. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Occaecati qui excepturi quia fuga. The Business Journalis the premier business publication in San Diego. Excel Best Practices To Avoid A Black Box Model. 2017) (quoting In re Hutchinson Tech., Inc., 852 F.2d 552, 554 (Fed. But the idea, which resembles a similar project the builder completed at its Galleria Corporate Center in Arizona, is to reshape the dated, oversized mall into the kind of unique office space desirable to the nations most renowned tech firms. Two Pesos, 505 U.S. at 769. The lawsuit filed after an 18-month-long investigation alleges that the companies have, since 2015, collected over $75 million on more than 1,900 fraudulent, illegal loans. Plaintiff does not contend that Defendants intended to benefit from Plaintiff's good reputation. It allows the public to enjoy Horton Plaza, retains some wonderful retail space and high-end restaurant space, and gives downtown a whole new opportunity for Class A tech office space.. Accordingly, Plaintiff's mark is descriptive as a surname. Finally, Plaintiff was recognized in the Dallas Business Journal as one of the "Best Places to Work" in 2016, 2017, and 2018. Fed. The Campus at Horton will include 700,000 square feet ofoffice space that will be home to 3,000-4,000 new high-quality jobs. After considering the parties' filings, all responses and replies thereto, oral argument, and the applicable law, the Court finds that Defendants' Motion for Summary Judgment must be DENIED. Stockdale Capital Partners, LLC Nov 2022 - Present 5 months. Weighing these factors, the Court is persuaded that, despite the sophistication and diligence of potential real estate customers, a genuine fact issue remains based on the similarity of the marks and the fact that both parties are engaged in the real estate industry.

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