Daily Business Report-Aug. 24, 2017
Volunteer offers beer samples at the launch of Brewchive. (Courtesy of CSUSM)
Tapping into Craft Beer History
Cal State San Marcos documents the birth
of the craft beer movement in San Diego
By Christine Vaughan | Cal State San Marcos NewsCenter
A comprehensive archive celebrating the San Diego craft brewing industry has launched at Cal State San Marcos. The initiative is led by the university library and is one of a only a handful of special collections nationwide focused solely on beer.
San Diego is noted as the craft brewing capital of the United States with over 125 licensed brewers. More than a third of the county’s breweries are in North County and given CSUSM’s proximity to some of the nation’s most renowned craft brewers (Stone Brewing Co., Karl Strauss Brewing Company, and Lost Abbey), Library Dean Dr. Jennifer Fabbi says it makes sense for Cal State San Marcos to document their history.
“They put their heart and soul into this industry and we want to make sure that history is preserved and celebrated,” said Fabbi. “This is a living history. I am excited about what this collection will become over the next 50 years.”
The Cal State San Marcos Library has begun to collect and digitize historical documents and special pieces. While the collection will focus on the evolution of San Diego’s New Brew Wave, circa 1987-present, the archive will also feature signature collections, like the history of women in San Diego’s craft brew industry. This collection, one of two inaugural special collections at Cal State San Marcos, will join the 700-box Ecke Ranch collection at the University Library.
The Brewchive is now accepting more San Diego-area materials including photos, videos, marketing materials, coasters, beer lists, menus, recipes, brewing logs, brewing manifestos, unique or rare trade periodicals, and interviews.
The Brewchive launched publicly on Aug. 18 at Stone Brewing’s Brewer’s Reception, where Fabbi was joined by Stone Brewing Co. founders, Greg Koch and Steve Wagner, in unveiling Brewchive to 1,000 brewers and beer enthusiasts.
The Brewchive is just one of the beer initiatives bubbling up at Cal State San Marcos. In spring 2018, the University will begin offering a new certificate program in EngiBeering that explores the science and business of craft brewing. The College of Business Administration recently published its semi-annual Craft Brewers Index, a survey that gauges local brewer confidence in the industry. The latest report revealed that brewers continue to display an impressive level of optimism in their businesses. Business confidence is a predictor of industry growth, according to researchers.
Click here to learn more.
Swift Acquires Five Thirty B
in Downtown San Diego
Swift Real Estate Partners has purchased Five Thirty B in Downtown San Diego, a 24-story, 232,936-square-foot office building. Financial terms were not released.
“With Downtown San Diego experiencing its highest historical net absorption in 2016 and a significant decrease in vacancy combined with the continued growth of the downtown population, the Five Thirty B offering attracted significant interest from investors, which created a highly competitive environment,” said Louay Alsadek of CBRE Capital Markets West in a statement.
Founded in 2010, Swift Real Estate Partners is headquartered in San Francisco with regional offices in Orange County, Portland and the Silicon Valley/East Bay. Swift, through its various funds, has purchased approximately 5.5 million square feet of real estate and has over $1.3 billion of assets under management.
CBRE was the investment advisors in the transaction and provided market leasing expertise.
Closing Medical Marijuana Dispensaries
Increases Crime, According to New Study
A new study published in the July issue of the Journal of Urban Economics finds that contrary to popular belief, medical marijuana dispensaries reduce crime in their immediate areas.
In the study, titled, “Going to pot? The impact of dispensary closures on crime,” researchers Tom Y. Chang from the USC Marshall School of Business, and Mireille Jacobson from The Paul Merage School of Business at UC Irvine, examined the short-term mass closing of hundreds of medical marijuana dispensaries in Los Angeles that took place in 2010.
“Contrary to popular wisdom, we found an immediate increase in crime around dispensaries ordered to close relative to those allowed to remain open,” said Jacobson. The two researchers found similar results when they examined restaurant closures.
“The connection between restaurants and medical marijuana dispensaries is that they both contribute to the ‘walkability score’ of a given area. Areas with higher scores have more ‘eyes upon the street’ a factor that is proven to deter some types of crime,” said Jacobson. —UC Irvine
Mayor Appoints Jaymie Bradford
to Convention Center Board
San Diego Mayor Kevin Faulconer has appointed Jaymie Bradford to the San Diego Convention Center Corporation Board of Directors. She fills the vacancy left by Aimee Faucett who stepped down from the board to join Faulconer as his chief of staff.
Bradford is the executive vice president and chief operating officer for the San Diego Regional Chamber of Commerce where she leads the chamber’s strategy and vision. She was previously the vice president of public policy and economic research after serving as Faulconer’s deputy chief of staff and chief of policy where she managed convention center policy areas.
Bradford will join the seven-member board that sets policy for the San Diego Convention Center Corporation.
Bradford has extensive experience in local government. She has worked in policy and public affairs for the city of San Diego for over a decade including for the office of Interim Mayor Todd Gloria and as director of intergovernmental relations during Jerry Sanders’ tenure as mayor.
FSB Core Strategies Takes Over
Management of San Diego SHRM
The San Diego Society for Human Resources Management (San Diego SHRM) has been taken over by FSB Core Strategies for executive management, the organization announced.
FSB Core Strategies will manage San Diego SHRM on an executive and operational level to assist with the growth and success of the organization in the San Diego area. FSB Core Strategies has offices in Northern and Southern California.
Leading the new management team will be David Murillo, who now serves as SD SHRM’s executive director. Also working with the team is Kristy Babb, who will be handling marketing and communications, and Will Hixson, who will be managing membership and operations. Megan Robison and Rose Smoot will both be joining the team as events coordinator and financial management, respectively.
San Diego SHRM has a new address at 325 W. Washington St., #2355, San Diego.
Center for Peace and Securities Studies
Receives $3.32 Million Grant
The Center for Peace and Security Studies at UC San Diego has received a $3.32 million multi-year grant from the Charles Koch Foundation to support its mission and growth. The center studies new and emerging modes of conflict — cybersecurity, military automation, weapons of mass destruction, cross-domain deterrence, and intelligence derived from big data to determine how humans can best cooperate in an increasingly complex world.
“The security environment for the United States and for peace and stability in the world is changing quickly,” said Erik Gartzke, the social scientist and foreign policy expert who launched the center in 2016. “Generous funding from the Charles Koch Foundation will allow the Center for Peace and Security Studies to grow to meet the need for new answers that address these emerging challenges.
Matthew Adams Joins Dowling & Yahnke
Matthew R. Adams has joined wealth advisory firm Dowling & Yahnke LLC as a portfolio manager. Prior to joining Dowling & Yahnke, Adams spent 15 years in the financial services industry in various capacities. He started his career as a Certified Public Accountant with Deloitte, a global accounting firm, where he worked in their San Diego, Sydney and London offices. More recently, he was a wealth manager at a San Diego-based independent advisory firm.
Adams is licensed as a certified public accountant and certified financial planner. He completed his undergraduate work at UC Santa Barbara where he majored in business economics and accounting, graduating cum laude.
Casey O’Connell Joins Seltzer Caplan McMahon Vitek
Casey O’Connell has joined the San Diego law firm of Seltzer Caplan McMahon Vitek in the Estate Planning & Administration practice group. He will provide estate, tax and multi-generation succession planning, charitable giving, retirement, trust and health care planning services. He joins the firm as an associate.
Prior to joining the firm, O’Connell established his own San Diego law firm focused on estate planning and administration. In his practice, O’Connell represented clients on probate, business formations, succession planning, family wealth planning and trusts.
O’Connell received his law degree, magna cum laude, from California Western School of Law and earned a bachelor’s degree in business administration from the University of Colorado, Boulder’s Leeds School of Business. He was admitted to the State Bar of California in 2012. O’Connell is a member of Rady Children’s Hospital Foundations’ Estates and Trusts Council — a nonprofit building philanthropic relationships to benefit pediatric health care.