new homes for sale in gonzales, la; jfk airport covid testing requirements; norman, ok mayor political party; switzerland cemetery records; Greater San Diego Area View Troy's full profile . 3d 928 (S.D. (Doc. Stockdale Capital Partners bought the 175-key hotel. The other two instances provide a somewhat more tenable basis for actual confusion. What's happening with Horton Plaza? Now we know 3d 1151, 1159 (S.D. They work on some very ambitious and cool projects such as Horton Plaza redevelopment but there isn't much information on the inner workings of the firm. Wal-Mart Stores, Inc., 529 U.S. at 210-11. 41-16 at 20). "A finding of a likelihood of confusion is a finding of fact." Attorneys are either actively filing these cases or investigating to determine whether lawsuits can be filed. at 508-09. Los Angeles-based Stockdale's planned $275 million . The mall opened in 1985 but has grown obsolete of Houston Sys. 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. 41-15 Ex. A mark is primarily merely a surname if the surname "is the primary significance of the mark as a whole to the purchasing public." STOCKDALE RADIOLOGY - 29 Reviews - 4000 Empire Dr, Bakersfield, CA - Yelp See, e.g., Viacom Int'l, 891 F.3d at 191. 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). In Horton Plaza, which was owned by Westfield Corp., Stockdale Capital acquired a five-level, 900,000-square-foot property onten blocks that was once considered the jewel of downtown San Diego. Id. Along the canal, Stockdale . See Xtreme Lashes, 576 F.3d at 229. By Posted student houses falmouth 2021 In jw marriott panama concierge lounge No. Stockdale Capital Partners Acquires The Marker Hotel On one hand, Defendants argue that the parties provide different services and operate on different scales. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Id. All. 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. Xtreme Lashes, LLC, 576 F.3d at 228. Stockdale Capital buys 175-key hotel from Columbia Sussex, which was accused of misusing PPP funds, Stockdale Capital Partners bought the 175-key hotel. Id. No. The Campus at Horton will be the pinnacle of mixed-use campuses in downtown and the exemplification of whats possible when innovative office design meets access to leading food, beverage, health and wellness offerings, said Steven Yari, a Stockdale management director. Gensler is designing the project, and CBRE is in charge of leasing. (John Kelley, John Gibbins, Jennifer Van. If we can get some of those high-paying tech jobs to downtown people will able to live and work in the same place.. Seller: Principal Real Estate Investors. Founded in 2010, Stockdale Capital Partners is a real estate investment firm focused on owning and acquiring assets in the western United States. See SA Bay LLC v. Hall, 849 F. Supp. The court can consider any evidence in "the pleadings, depositions, answers to interrogatories, and admissions on file, together with the affidavits, if any." Jane has 5 jobs listed on their profile. Construction Efforts to Redevelop Horton Plaza to Continue in Earnest SAN DIEGO (March 9, 2020) -- Today, Stockdale Capital Partners ("Stockdale") announced the closing of a $330 million loan with a group of funds managed by Alliance Bernstein to continue redevelopment efforts at Horton Plaza. Authors Channel Summit. We're championing. reached a settlement with Macys that will allow the company to proceed with Located in Scottsdale, Arizona, the new multi-family development will incorporate 260 units. In the process, the developer hopes to create thousands of high-paying jobs and hundreds of millions of dollars if not billions in yearly economic impact. Field, flows and flares - horizontal drilling good-to-go. Plaintiff was not in fact involved with that deal. Once-prominent real estate salesman David Crisp last week received two new default notices on the Stockdale Highway offices he bought in April and was named in a lawsuit demanding repayment The redevelopment is a mixed-use project centered on offices with some retail, renamed . Newsletter Sign Up - Class Action Stockdale Capital Partners plans to resurrect the former Horton Plaza Mall, a . Macy's filed a lawsuit to stop Stockdale Capital Partners' project. By Posted halston hills housing co operative In anson county concealed carry permit renewal or Want to Sign up with your social account? That process may hinge around a successful resolution to a lawsuit brought against Westfield in late May by disgruntled Horton Plaza tenant Jimbos. Id. Rendering courtesy of Stockdale Capital Partners The company purchased Horton Plaza, a once-vibrant downtown mall, from Westfield in August 2018, with the intention of transforming the post-modern buildings into a life science destination encompassing 770,000 square feet of office space. Defendants contend that Plaintiff's mark, "Stockdale," is not protectable because it is merely descriptive as a surname or a geographical descriptor and has not acquired secondary meaning. 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. Stockdale Capital Partners has also raised a fund. Xtreme Lashes, 576 F.3d at 231. This factor weighs against a likelihood of confusion. Going Vertical Like other hotels hit hard by the pandemic, Columbia Sussex tapped federal funding through the governments PPP loan program. 41-7) and the International Council for Shopping Centers (Doc. . Plaintiff is a real estate services company operating in Texas, California, and North Carolina. 1971). The company in January reached a settlement of a lawsuit that had been filed by Macy's. The company said Stockdale had violated the terms of its lease with the redevelopment plans that shifted. See, e.g. While the Jon Jerde-designed center attracts almost no customers today, it does attract lawsuits. - Advertisement - Texas Outhouse Inc. v. Fresh Can, LLC, 266 F. Supp. No. 3d 573, 589 (S.D. While the Jon Jerde-designed center attracts almost no customers today, it does attract lawsuits. The Court finds neither the passing email inquiry nor allusions to third parties' confusion to be compelling evidence of actual confusion. This is a trademark infringement and unfair competition dispute between Plaintiff Stockdale Investment Group d/b/a Stockdale ("Plaintiff") and Defendants, Stockdale Capital Partners, LLC and its affiliated companies (collectively "Defendants"), over the use of "Stockdale." The departure of Nordstrom in 2016, a preponderance of empty storefronts and a significant homeless presence in the adjacent Horton Plaza Park locally dubbed Homeless Plaza have all but doomed the propertys appeal as a shopping hub. The new owners, Stockdale Capital Partners, bought Horton Plaza just over a year ago and have. Bill Doak has more than 30 years of hospitality industry experience, with senior leadership roles in Tex. Here We Go Again (2018). Copyright 2023 by Stockdale Capital Partners - All Rights Reserved, Stockdale Capital Partners wins City of Los Angeles approval for 12-story, Class-A Medical building on Los Angeles Westside, Stockdale Capital Partners acquires The Source Hotel in Denver, Colorado, Stockdale Capital Partners acquires The Marker Hotel in San Francisco. Apply to Senior Financial Accountant, Realtor, Line Cook/prep Cook and more! 2009). The site is adjacent to where Stockdale is already developing the Marquee office building at Scottsdale Road and Shoeman Lane. The Marker, a 208-key hotel built in 1910, is blocks away from Union Square and the Moscone Convention Center. Andrew Saba - Managing Director - Stockdale Capital Partners, LLC Los Angeles-based Stockdale's planned $275 million . (Courtesy Stockdale Capital Partners) The project, named The Campus at Horton, . Stockdale Capital gets early green light for 140K sf medical tower near The firm did not respond to multiple requests for comment. for Better Gov't, 901 F.3d 498, 505 (5th Cir. 41-15 Exh. She is a proud graduate of Florida Agricultural and Mechanical University. The goal of this section is to provide consumers with a comprehensive resource on class action and mass tort lawsuits. Plaintiff contends in response that "Stockdale" is also the name for several cities, neighborhoods, and public schools across the country. In 1999, a Texas state court in Dallas ruled against Stockdale and Viper International in a civil lawsuit claiming securities fraud andmisrepresentation by selling false stock. 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. Shriners Hospital, which occupied the space for over 50 years, moved to a $77-million outpatient facility in Pasadena. Steve and Shawn Yari, who founded Spellbound Entertainment, are also managing partners at Stockdale Capital Partners, a real estate investment firm based in Los Angeles, California, that owns . LOS ANGELESStockdale Capital Partners (Stockdale) announced that it has acquired The Marker hotel in San Francisco for $77 million from Pebblebrook Hotel Trust. In two of these instances, however, while the witnesses did wrongly presume that "Stockdale" referred to Plaintiff, the witnesses did not specifically confuse Defendants' mark for Plaintiff'sin other words, Defendants' mark was not the source of confusion. Defendants urge that the evidence presented here is more analogous to that in Amazing Spaces, Inc., 608 F.3d at 225. Stay current on our latest investment opportunities and news affecting todays real estate investment industry. 2d 761, 722 (S.D. UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION. Nexera Energy Inc. (TSX Venture: NGY) is an energy company with oil producing properties in Southwest Texas. (Doc. The Company invests, owns, and operates multiple asset classes. No. (Doc. She oversaw the stations local and national productions, including the one-hour documentary Los Romeros: The Royal Family of the Guitar, and Child Protective Services, a one-hour look inside the San Diego County agency responsible for the welfare of at risk children. 1225(a), and unfair competition under Texas common law. Westfield for $175 million. Stockdale acquired the leasehold interest in the Le Merigot and did not seek financing, Doak said. Macy's Continues Lawsuit Against Horton Plaza Redevelopment, News study outlines air pollution from Tijuana sewage, Art Show: 'The Possibility of Something Happening', MASTERPIECE CLASSIC: The Mystery Of Edwin Drood, Current rainy season could be a drought buster, forecaster says, Settlement reached in Tijuana sewage lawsuit, Brittney Griner urges the return of U.S. detainees abroad at NAACP Image Awards, Washington state attorney general says FDA rules on abortion drug are unreasonable, An Arizona driver is in custody after crashing into bicycling group, killing 2, How Cardiff's new farmers market may help keep small farms in business, San Diego officials work to stop elephant poaching. 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.. The USPTO denied Plaintiff's application to register "Stockdale" in October 2018 on the basis that it is primarily a surname. in the face of competition from online shopping outlets. 2d at 698, typically ranging between $50 million and $200 million and at times reaching up to $400 million. Amazing Spaces, Inc. v. Metro Mini Storage, 608 F.3d 225, 230 n.7 (5th Cir. Stockdales plans would reduce retail space in Sch. Defendants now move for summary judgment. Attorney General James Sues Predatory Lender That Threatened Violence Co-Founders Shawn and Steven Yari, with the property at 1740 Ocean Avenue (Google Maps). at 248. Lawsuit: Sacramento police uses force against racial justice protests but ignores Proud Boys . 'A National Epidemic': Yellowstone Capital Hit with RICO Lawsuit Over To prevail on a trademark infringement claim under the Lanham Act, 15 U.S.C. stockdale capital lawsuit. Id. However, while empirical evidence such as consumer surveys is the strongest evidence of secondary meaning, it is not required. Stockdale Jobs, Employment | Indeed.com The moving party bears the burden of demonstrating the absence of a genuine issue of material fact. Next door to Horton Plaza, British Columbia-based Bosa Developmentis planning a major redevelopment of the Paladion building to make way for 162,000 square feet of creative office space. Stockdale purchased the bulk of the open-air shopping center last . Ticketmaster Dallas Stars, At the time it played a vital role in cleaning up the seedy district, largely known for porn shops and topless bars. See, e.g., (Doc. Additionally, it intends to turn a path that winds through the development into a public boardwalk. Acquisitions Professionals - Any Activity? Columbia Sussex listed the hotel, at 1740 Ocean Avenue, earlier this year. 10850 Wilshire Blvd Ste 1050, Los Angeles, California, 90024, United States. Advertising media identity. CIVIL ACTION NO. Size: 433,132 square feet, 10 stories. We want downtown San Diego to be a serious contender for major facilities and site selection searches of the caliber of Amazons HQ2, said Dan Michaels, managing director of Stockdale Capital. 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. Alpha generated through enhanced property-level operations. Notably, Plaintiff does not provide empirical evidence connecting Plaintiff's efforts to their efficacy in altering consumer association. Defendants maintain that they do not engage in any advertising, marketing, or sponsorships. This is a trademark infringement and unfair competition dispute between Plaintiff Stockdale Investment Group d/b/a Stockdale ("Plaintiff") and Defendants, Stockdale Capital Partners, LLC and its affiliated companies (collectively "Defendants"), over the use of "Stockdale." Before the Court is Defendants' Motion for Summary Judgment. The total square footage of the properties, located at 9090 Wilshire. The lobby of the Galleria in Scottsdale, Ariz. A likelihood of confusion requires a "probability of confusion, which is more than a mere possibility of confusion." Indep. No. Its clear that there are many millennials who would like to live downtown, and do live downtown, but have to commute north to job centers. Complaint in Saba Capital CEF Opportunities 1 Ltd., of the Cayman Islands, and Saba Capital Management LP, of Delaware v. Nuveen Floating Rate Income Fund, Nuveen Floating Rate Income Opportunity Fund, Nuveen Short Duration Credit Opportunities Fund, Nuveen Global High Income Fund, Nuveen Senior Income Fund, Terence J. Toth, Jack B. Evans, William C. Hunter, Albin F. Moschner, John K. Nelson . P. 56(a). Last week, San Diego Mayor Kevin Faulconer and several area businessmen sent Macy's CEO Jeff Gennette a letter asking them not to sue. To determine whether such a likelihood of confusion exists, courts consider a non-exhaustive list of so-called "digits of confusion," including: (1) strength of the mark, (2) mark similarity, (3) product or service similarity, (4) outlet and purchaser identity, (5) advertising media identity, (6) defendant's intent, (7) actual confusion, and (8) care exercised by potential purchasers. Sep 3, 2020. PublishedOctober 21, 2019 at 10:00 AM PDT. The shopping centers decline was expedited by years of indecision on the part of owner-operator Westfield, which is now itself the property of French real estate firm Unibail-Rodamco. Opinions expressed by Forbes Contributors are their own. Natural foods grocer Jimbo's filed a Superior Court lawsuit in May of last year and Macy's filed a Superior Court lawsuit earlier this month. Future owner Stockdale Capital Partners is now laying the groundwork to transform the 900,000-square-foot shopping center into San Diegos next big economic windfall: a modern office campus. In Morrisville, North Carolina, the Spark LS development, a $1B, 109-acre campus project by Starwood Capital Group and Trinity Capital, will spread 1.5M SF of lab space across more than a dozen . in heart of the burgeoning RiNO Arts District LOS ANGELES August 24, 2022 Stockdale Capital Partners (Stockdale), a Los Angeles-based, vertically-integrated real estate investment firm, announced that it acquired The Source hotel, along with 208-room hotel close to Union Square, Moscone Convention Center LOS ANGELES June 30, 2022 Stockdale Capital Partners (Stockdale), a Los Angeles-based, vertically-integrated real estate investment firm, announced that it acquired The Marker hotel in San Francisco for $77 Stay current on our latest investment opportunities and news affecting todays real estate investment industry. Sticker shock: Ranking South Floridas priciest residential rentals, Here are Chicago's top 10 construction permits issued in May. Id. Courts have recognized that the more expensive the item or service, the more care a potential purchaser will likely take in its selection. 34-2 8). 2008) (affirming a grant of summary judgment on plaintiff's claim of trademark infringement on a record without survey evidence). All content is posted anonymously by employees working at Stockdale Capital Partners. Excel Best Practices To Avoid A Black Box Model. at 248-49. Can Downtown San Diego Transform Into A Tech Hub? One - Forbes Real Estate Investing Group Focusing in Southwest | Stockdale Westfield did not respond to a request for comment. Stockdale Capital Buys JW Marriott Santa Monica Marriott Le Merigot in Santa Monica for $75 million in May, around $428,600 per room. (Doc. No. Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diego's next big economic windfall: a modern office campus. Here Are The Biggest LA Hotel Sales of 2021 - The Real Deal Los Angeles in Denver, according to public records. Recruiters / other best ways to find remote RE jobs? Macy's Planned Departure Clears Way for Overhaul of San Diego - PCC Pat Finn previously served as a producer for KPBS Midday Edition and KPBS Evening Edition. Stockdales managing director for hospitality, Bill Doak, confirmed the sale but would not provide an exact dollar amount. In 2018, Stockdale Capital Partners purchased the property and announced plans to develop it into an office park and tech campus. Earnhardt v. Kerry Earnhardt, Inc., 864 F.3d 1374, 1377 (Fed. February 22, 2017. Stockdale Radiology is a full-service imaging center with a dedicated women's center. Similarly, the plazas main thoroughfare will lose its meandering bridges and staircases in favor of cleaner lines and an inviting pathway leading from a lusher Horton Plaza park on Broadway to a completely re-skinned former Nordstrom building on G Street. Before the Court is Defendants' Motion for Summary Judgment. stockdale capital lawsuit Agric. In each newsletter, we also highlight settlements that are ending soon, helping to ensure you don't miss out on money you're owed. Once a movant meets this burden, the burden shifts to the nonmovant to show the existence of a genuine fact issue for trial. 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. Occaecati qui excepturi quia fuga. Provide . And a day-to-night ambience, complete with an upgraded Lyceum Theater, is intended to be inviting for workers, downtown dwellers and Gaslamp visitors. (Doc. Oct. 15, 2019). . for Good Gov't v. Coal. Focused investments on compelling, premier opportunities. Plaintiff relocated its headquarters to Texas in 2012. Defendants have used the name "Stockdale" continuously since their collective inception in 2013. Settlement Reached In Horton Plaza Lawsuit - San Diego Business Journal is not active anymore since 2001-05-24 due to Merger - Without Assistance. See (Doc. Construction Moving Quickly on Old Nordstrom Site Stockdale plans to redevelop the mall into a $275 million high-tech office space with fitness studios and restaurants on the ground floor. Although Plaintiff testified that it does not track its advertising expenditures, id. Westwood-based Stockdale Capital Partners bought the J.W. Copyright 2023 NBCUniversal Media, LLC. Stockdale Capital Partners LLC - Company Profile and News Rank: Chimp 3 . This factor weighs in favor of a likelihood of confusion. Horton Plaza Mall believed to be in escrow with Stockdale Capital Partners Mr. RP 74. Because Plaintiff's mark is merely descriptive, it is protectable only if it has acquired secondary meaning. Mar. for Good Gov't, 901 F.3d at 508. Although Plaintiff asserts three claims for relief under the Lanham Act and Texas common law, the same legal test applies to all three claims. By Isabella Farr. This factor is neutral. Tex. (Doc. Two Pesos, Inc., 505 U.S. at 768 (citing Abercrombie & Fitch Co. v. Hunting World, Inc., 537 F.2d 4, 9 (2d Cir. Address: 20 Greenway Plaza. The real estate investment firm, currently in escrow on the Westfield-owned property, will strip the 33-year-old mall of its longstanding retail roots in favor of an all-inclusive, upscale work-and-play environment, according to multiple local community stakeholders who have been briefed on the firms plans. Anodyne mega-yacht hits halfway on $20 million-plus overhaul Menu. Cho, through his firm Mitaa Group, owns a handful of commercial properties . 53 at 15). 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. Courts in the Fifth Circuit have found secondary meaning even in the absence of empirical evidence. But the same forces behind the downfall of shopping centers across the countrynamely the irrelevance of department stores in a world of category killers stung Horton Plaza, too.
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