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No. Stockdale Capital Partners is a growing Los Angeles based vertically-integrated real estate investment firm, affiliated with Stockdale Management, a property management firm. No. 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. 2008). Tex. Defendants "typically target investments, acquisitions, and developments that are in the $50 [million] to $200 [million] range, but up to $400 [million]." Plaintiff was not in fact involved with that deal. Westwood-based Stockdale is just the latest Los Angeles-based investment firm to hunt for hotel acquisitions in the pandemic. However, Amazing Spaces is materially distinguishable. No. While a subsequent owner converted the shopping center into offices, Stockdale Capital renovated the assetand has attracted tenants such as Yelp, Indeed, Spacesand most recently,Zillow. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. at 237; see also Wal-Mart Stores, Inc. v. Samara Bros, Inc., 529 U.S. 205, 210-11 (2000). Industry: Venture capital companies Printer Friendly View Address: 10850 Wilshire Blvd Los Angeles, CA, 90024-4305 United States of Law, 214 F. Supp. Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling. The court can consider any evidence in "the pleadings, depositions, answers to interrogatories, and admissions on file, together with the affidavits, if any." He can shoot it., Justin Steele and 6 Chicago Cubs relievers combine for the 1st spring training no-hitter in franchise history, Leah Palmer experiences grand time as Geneva grinds out victory in Class 4A third-place game. Defendants maintain that they do not engage in any advertising, marketing, or sponsorships. (John Kelley, John Gibbins, Jennifer Van. President SIXONENINE Design + Development, LLC Sep 2017 - Present 5 years 7 months. Stockdale Capital isnt the only investor in downtown San Diego targeting tech tenants. Plaintiff contends that the mark is arbitrary. at 6. Stockdale acquired the leasehold interest in the Le Merigot and did not seek financing, Doak said. 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 . The latter three categories of marks are deemed inherently distinctive and are entitled to protection because their intrinsic nature serves to identify a particular source of a product. Columbia Sussex listed the hotel, at 1740 Ocean Avenue, earlier this year. He confirmed that Stockdale Capital Partners which specializes in investing, developing and managing under-performing commercial real estate is now in escrow to buy the mall. Only three claims for relief remain at issue in this case; Plaintiff withdrew counts II, III, VII, and VIII in its Second Amended Complaint. The flashy-at-the-time shopping center, designed with a Disneyland-meets-Italian-hills vibe, was seen as a model of urban development. At the time it played a vital role in cleaning up the seedy district, largely known for porn shops and topless bars. It could add an additional 1.5 million square feet of office space and other amenities down the road. 27, 2017) (quoting Am Rice, 518 F.3d at 332)). Alpha generated through enhanced property-level operations. Its suit is based on its leases which grant them veto power over any changes. Marriott Le Merigot hotel in Santa Monica sold . LOS ANGELESStockdale Capital Partners (Stockdale) announced that it has acquired The Marker hotel in San Francisco for $77 million from Pebblebrook Hotel Trust. RE/MAX Int'l, Inc. v. Trendsetter Realty, LLC, 655 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." The parties dispute the extent to which their real estate services overlap. 2017) (quoting In re Hutchinson Tech., Inc., 852 F.2d 552, 554 (Fed. 34-2 8). 53 at 18). Stockdale acquired the mall in 2018 from Westfield for $175 million. 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. in northern Denver sold last week to entities affiliated with Los Angeles-based Stockdale Capital Partners. They contended Columbia Sussex accepted $63 million in PPP funding intended to keep workers employed, but ended up laying off thousands of people. Stay current on our latest investment opportunities and news affecting todays real estate investment industry. 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 . See 2 McCarthy on Trademarks and Unfair Competition 13:30 (5th ed.). Because Plaintiff's mark is merely descriptive, it is protectable only if it has acquired secondary meaning. centovalli railway map; josh brubaker radio station; ejemplo de libertad externa y libertad interna; columbus high school tennis; gillian turner political party Copyright 2023 NBCUniversal Media, LLC. 53 at 15). Finn has earned honors from the Society of Professional Journalists and the Pacific Southwest Chapter of the National Academy of Television Arts and Sciences. There, the plaintiff, a self-storage services company, sued a competitor for infringing upon its use of a particular star symbol. In total, the project will cost about $450 million to develop. Additionally, it intends to turn a path that winds through the development into a public boardwalk. 41-1 at 42, 97). Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diego's next big economic windfall: a modern office campus. For the foregoing reasons, the Court DENIES Defendants' Motion for Summary Judgment. & Mech. She worked as a multimedia journalist and anchor at WRTV in Indianapolis. Katrina has 7 jobs listed on their profile. The USPTO denied Plaintiff's application to register "Stockdale" in October 2018 on the basis that it is primarily a surname. This factor is neutral. why is there a plague in thebes oedipus. The J.W. A descriptive mark can only be protectible when it has acquired secondary meaning. Stockdales plans would reduce retail space in 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. VIEW OUR HISTORY Investment Strategy. The partnership commissioned a study two years ago to show who is living downtown, what types of activity they like and where they want to live, Brennan said. Plaintiff relocated its headquarters to Texas in 2012. Monday, Nov 28, 2022 . Details on the settlement were not released. See, e.g., Viacom Int'l, 891 F.3d at 191. The California-based investment firm owns hotels in Scottsdale, Arizona, and medical and office space in California. The Yaris' company, Stockdale Capital Partners, filed plans in November for a 269-room hotel facing Camelback Road, featuring a rooftop pool and street-level shops. While there, she launched The Weekend Edition of Good Morning Indiana and generated breaking news content for both broadcast and digital platforms. The record evidence raises factual questions regarding the extent to which the parties' real estate services overlap. The open air shopping center at 8340 Northfield Blvd. No. (Doc. reached a settlement with Macys that will allow the company to proceed with Partner at Stockdale Capital Partners Los Angeles, California, United States 59 followers 41 connections Join to connect University of Pennsylvania - The Wharton School Activity We're. 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. In 2018, Stockdale Capital Partners purchased the property and announced plans to develop it into an office park and tech campus. 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. Nexera Energy Inc. (TSX Venture: NGY) is an energy company with oil producing properties in Southwest Texas. the mall from the 600,000 square feet that was required in deed restrictions to Compare top Ohio lawyers' fees, client reviews, lawyer rating, case results, education, awards, publications, social media and work history. However, actual confusion need not be proven to establish a likelihood of confusion; this factor is accordingly neutral. No. Id. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. In a trademark case, "[a]lthough the secondary meaning of a mark and the likelihood of confusion are ordinarily questions of fact, summary judgment may be upheld if the summary judgment record compels the conclusion that the movant is entitled to judgment as a matter of law." The company is an owner-operator specializing . As relevant here, terms that are "primarily merely surnames" or "primarily geographically descriptive" are deemed to be descriptive and thus unprotectable absent a showing of secondary meaning. Jul 2018 - Present3 years 2 months. 2d at 698, typically ranging between $50 million and $200 million and at times reaching up to $400 million. That process may hinge around a successful resolution to a lawsuit brought against Westfield in late May by disgruntled Horton Plaza tenant Jimbos. (Doc. 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. Wal-Mart Stores, Inc., 529 U.S. at 210-11. (Doc. Stockdale Capital Partners. No. A genuine issue of material fact exists if a reasonable jury could enter a verdict for the non-moving party. 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. We're championing. The sophistication and diligence involved in real estate dealings weigh against a likelihood of confusion. Authors Channel Summit. vintage canvas 'painting ideas. No. 41-4 at 117), (Doc. Indeed, "Stockdale" is not defined in the dictionary. Xtreme Lashes, 576 F.3d at 231. the $275 million redevelopment of Horton Plaza in downtown San Diego. Could more local solutions work. Id. Despite the pandemic, Stockdale has embarked on a $12 million refurbishing effort to attract life science users. In another instance, Hunter Brous, a real estate broker, testified that in past discussions with third parties regarding Stockdale Investment Group and Stockdale Capital, "people have been confused about it or asked, is this the group in California?" The site is adjacent to where Stockdale is already developing the Marquee office building at Scottsdale Road and Shoeman Lane. In this case, the Court finds that the parties' marks share sufficient similarities that a consumer could conceivably believe that Defendants are associated with Plaintiff. Indep. 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 . Project manager and captain, Parker Stockdale, introduced the owner's vision of building the finest yacht ever created. 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. May 20, 2021 01:15 PM. By Isabella Farr. 1225(a), and unfair competition under Texas common law. If we can get some of those high-paying tech jobs to downtown people will able to live and work in the same place.. Stockdale acquired the mall in 2018 from Westfield for $175 million. 2016) (concluding that "Houston College of Law" creates a substantial risk that potential purchasers would believe that it was connected with the University of Houston). Celotex, 477 U.S. at 322-25. It further contends that there is no likelihood of confusion between Plaintiff and Defendants' marks. 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. Sep 3, 2020. 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 . Anyone familiar with the culture, hours, and comps for investment associate at Stockdale Capital Partner?