Jess Ranch Marketplace Property Fetches $3.8M

Jess Ranch Marketplace Property Fetches $3.8M
Fountainhead Development sold the multitenant retail building at 19201 Bear Valley Road, in Apple Valley, CA, to Landmark Equity Management for $3.8 million, or $497 per square foot.
The 7,641-square-foot retail property is part of the Jess Ranch Marketplace shopping center. It was built in 2007 on 1.5 acres.
Kevin Boeve of Marcus & Millichap represented the seller. Kenneth Chasin of Pegasus Investments Read the rest of this entry »

Callidus Software Recognized With “Positive” Rating From Leading

Callidus Software Inc. (NASDAQ: CALD), the
leader in
(SPM), today announced that it received a "positive" rating
in the latest North American MarketScope for Insurance
(ICM) Applications(1) by Gartner, Inc. (NYSE: IT), the
world's leading information technology research and advisory company.
Authored by Steven Leigh, Kimberly Harris-Ferrante and Michael Dunne,
Callidus Software was recognized with a "positive" rating in this important
report Read the rest of this entry »

Rubio's Restaurants appoints Timothy Ryan to audit committee

Rubio's Restaurants said that it has received a letter from the staff of the Nasdaq stock market indicating that it was not in compliance with Marketplace Rule 4350, which requires a company's audit committee to consist of at least three independent directors. The company's audit committee was reduced to two independent directors following the previously announced resignation of Jack Goodall from the company's board of directors in December 2008.
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Other North Dakota Marketplace Talent Search finalists

Here’s a bit about the other six finalists for North Dakota’s 2009 Marketplace Talent Search, a singing competition that will be part of Marketplace for Entrepreneurs on Jan. 13 in Bismarck:
- Alicia Hegland, Bismarck: Hegland fell in love with music when she performed in her second-grade Christmas program. “I have been singing nonstop ever since,” she said. A graduate of Minot State University, Hegland is a travel agent and Read the rest of this entry »

A marketplace in the middle

The cash-strapped operator of Faneuil Hall Marketplace has put its rights to run the popular outdoor mall up for sale as it battles to shore up its finances and avoid declaring bankruptcy.
, the second-largest US mall operator, is offering to sell the rights to operate Faneuil Hall, as well as two other well-known East Coast tourist destinations, South Street Seaport in Manhattan and Harborplace & the Gallery on Baltimore's Inner Harbor.
General Read the rest of this entry »

Rational decision making? Don't bet on it

Rational decision making? Don't bet on it
Last week the New York Times released its list of "100 notable" books of 2008.
Two North Carolina books made the list.
If you keep up with North Carolina literature (or if you are a regular reader of this column), you might guess that one of these books is Tony Earley's novel "The Blue Star," the sequel to the acclaimed "Jim the Boy." These two novels set in the North Carolina foothills during the time Read the rest of this entry »

Wait. Why Is the FTC After Whole Foods?

need to take their continuing legal spat out of the courtroom and into the grocery store.
That’s right. Pack up the legal briefs. Grab a cab. There’s a
on L Street about a mile north of the F.T.C. headquarters in Washington.
A field trip is in order because the reasoning behind the F.T.C.’s efforts to stop a merger between Whole Foods Market and a smaller competitor, Wild Oats Market, has been undercut by marketplace realities.
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America Will Become Quaint Haggling Marketplace

Ever go to a quaint marketplace in Mexico or Morocco or maybe some flea market in a sports arena parking lot on Sunday morning and haggle over the myriad gewgaws? That is what shopping in America will be like, next year! Or maybe right now. With 148,000 retail store closures in 2008 and another 73,000 predicted for the first few months of 2009, some 20% of all American shops will be gone. And the ones that remain will basically give you whatever you Read the rest of this entry »

Whole Foods has a point: FTC needlessly meddling with merger

Whole Foods filed a lawsuit this week against the Federal Trade Commission blocking its acquisition of rival Wild Oats, our own homegrown chain.
"We protect consumers, and if we feel a merger is going to hurt consumers and will be anticompetitive, we will pursue it aggressively and that is the case with Whole Foods," said David Wales, acting director of the bureau of competition at the FTC.
As a result of the Wild Oats acquisition, Whole Foods Read the rest of this entry »

Can Middle-Market Companies Capitalize on This Highly Active

Chicago, IL, December 25, 2008 --(
)-- "No doubt, the domestic M&A market has stalled. Deals are still happening, but a closer inspection reveals that many of these transactions are actually centered on cross-border themes." -- Mergers & Acquisitions Journal
This panel discussion will help attendees stay abreast of what's going on in the global deal market. This special panel presentation of leading experts will make the audience aware of the Read the rest of this entry »