Stockdale acquired the mall in 2018 from Westfield for $175 million. However, while empirical evidence such as consumer surveys is the strongest evidence of secondary meaning, it is not required. The sophistication and diligence involved in real estate dealings weigh against a likelihood of confusion. Care exercised by potential purchasers. Oct. 15, 2019). Horton Plaza's Role In San Diego History | KPBS Public Media (Doc. The American Civil Liberties Union's West Virginia chapter filed a federal lawsuit last week. 41-17 at 26:12-16). Stockdales reinterpretation of the space, Cafferty and Brennan said, is a welcome improvement as it add jobs to a region thats already been enriched by a smattering of residential towers. (Doc. Such associational confusion is particularly pertinent where, as here, both parties are real estate companies employing the name "Stockdale" with logos containing similar color schemes. Jane has 5 jobs listed on their profile. No. While the Jon Jerde-designed center attracts almost no customers today, it does attract lawsuits. That process may hinge around a. "The main elements of Horton Plaza that of architectural significance are associated with the internal courtyard it has which is kind of a connecting spine,. 1988)). Moreover, as occurred on at least one occasion discussed above, real estate brokers evaluating bids, upon seeing "Stockdale," may initially confuse one Stockdale for the other, thereby causing one party to lose out on a transaction. I cover real estate development, fundamentals and finance. Newsletter Sign Up - Class Action While the Jon Jerde-designed center attracts almost no customers today, it does attract lawsuits. at 10. "We are gearing up to really get aggressive and. The Court finds that Stockdale is at best descriptive as merely a surname, and accordingly does not discuss whether the mark is geographically descriptive. Troy Geyer - Vice President, Development & Construction - Stockdale 41-15 Exh. No. (Doc. Keep up with all the latest news, arts and culture, and TV highlights from KPBS. 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. Like other hotels hit hard by the pandemic, Columbia Sussex tapped federal funding through the governments PPP loan program. See (Doc. Amazing Spaces, Inc. v. Metro Mini Storage, 608 F.3d 225, 237 (5th Cir. 2005-2023 Wall Street Oasis. Excel Best Practices To Avoid A Black Box Model. (Doc. Firm Sells Offices in $156M Deal - Los Angeles Business Journal Stockdale Capital Partners is part of the Real Estate industry, and located in California, United States. See 2(e), 15 U.S.C. (2008) and Mamma Mia! About Stockdale Capital Partners Founded in 2010, Stockdale Capital Partners is a real estate investment firm with 214 years of combined experience. 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. Bill Doak Joins Stockdale Capital Partners as Head of New Hospitality Sticker shock: Ranking South Floridas priciest residential rentals, Here are Chicago's top 10 construction permits issued in May. stockdale capital lawsuit - nowwriteyourbook.com San Diego Union-Tribune reporter Jennifer Van Grove joins Midday Edition to explain the lawsuits and and the cutrrent status of the mall. Defendants have demonstrated that their real estate investments are a "big ticket" item, RE/MAX Int'l, Inc., 655 F. Supp. 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. Excited to kick off 2023 with the news that Cain has been nominated in two categories for Real Estate . 53 at 18). $330M Loan Secured for Horton Plaza Redevelopment Id. Stockdale Capital Partners plans to resurrect the former Horton Plaza Mall, a . Stockdale Capital Partners LLC - Company Profile and News Bargain Hunters - Los Angeles Business Journal The whimsical and colorful Horton Plaza Mall sits nearly empty on a corner of downtown San Diego. Macy's is not sold on the idea. Casetext, Inc. and Casetext are not a law firm and do not provide legal advice. We need to have a vibrant space there, said Betsy Brennan, president and CEO of the Downtown San Diego Partnership. The other two instances provide a somewhat more tenable basis for actual confusion. All content is posted anonymously by employees working at Stockdale Capital Partners. why is there a plague in thebes oedipus. Although this lawsuit and others (Jimbo's Natural Foods is also suing) do not comment on preserving . 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." 2010) (quoting Two Pesos, Inc. v. Taco Cabana, Inc., 505 U.S. 763, 768 (1992)). Id. at 248. See, e.g., (Doc. Moreover, both parties acknowledge that potential consumers in the real estate industry exercise a high degree of due diligence in their dealings. Stockdales managing director for hospitality, Bill Doak, confirmed the sale but would not provide an exact dollar amount. at 109, Plaintiff has provided evidence of its various advertising and promotional efforts. This factor weighs in favor of a likelihood of confusion. 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 $77 Stay current on our latest investment opportunities and news affecting todays real estate investment industry. The organisation's status is listed as "Active". Copyright 2023 by Stockdale Capital Partners - All Rights Reserved, Stockdale Capital Partners wins City of Los Angeles approval for 12-story, Class-A Medical building on Los Angeles Westside, Stockdale Capital Partners acquires The Source Hotel in Denver, Colorado, Stockdale Capital Partners acquires The Marker Hotel in San Francisco. To prevail on its infringement claim, Plaintiff must also show that "the defendant's use of the mark creates a likelihood of confusion in the minds of potential customers as to the source, affiliation, or sponsorship of the product at issue." Copyright 2023 NBCUniversal Media, LLC. Founded in 2010, Stockdale Capital Partners is a real estate investment firm with 214 years of combined experience. Kurt Petersen, co-president of Unite Here Local 11, said he was excited to work with Stockdale, adding union members want peace, not to continue the war.. Mitaa Group Moves Ahead On Redevelopment of Shriners Hospital Greater San Diego Area View Troy's full profile . (function($) {window.fnames = new Array(); window.ftypes = new Array();fnames[0]='EMAIL';ftypes[0]='email';fnames[1]='FNAME';ftypes[1]='text';fnames[2]='LNAME';ftypes[2]='text';}(jQuery));var $mcj = jQuery.noConflict(true); All writing and photos by Josie Zimmerman Bell unless otherwise credited |, southern baptist beliefs on the holy spirit, matlab programming exercises and solutions pdf. Los Angeles, California. Marriott Le Merigot hotel in Santa Monica sold to Stockdale Capital Partners for around $75 million, The Real Deal has learned. The name "Stockdale" was on a list of potential buyers. Westfield for $175 million. WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. Tex. Celotex Corp. v. Catrett, 477 U.S. 317, 322 (1986). Wage theft is commonplace in San Diego. stockdale capital lawsuit Authors Channel Summit. But not his teammates. 2008) (affirming a grant of summary judgment on plaintiff's claim of trademark infringement on a record without survey evidence). 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. No. 2016); see also Smack Apparel Co., 550 F.3d 465 (5th Cir. Disciplined, effective property operations and improvements. Annualized for September 30, 2021 and September 30 . 27, 2017) (quoting Am Rice, 518 F.3d at 332)). See the complete profile on LinkedIn and discover Jane's connections and jobs at similar companies. . No. The California-based investment firm owns hotels in Scottsdale, Arizona, and medical and office space in California. Stockdale Radiology is a full-service imaging center with a dedicated women's center. See SA Bay LLC v. Hall, 849 F. Supp. Renamed The Campus at Horton, the redeveloped mall will include 700,000 square feet of office space and 300,000 square feet of retail. Amazing Spaces, Inc. v. Metro Mini Storage, 608 F.3d 225, 230 n.7 (5th Cir. Stockdale Capital Partners, a Los Angeles-based opportunistic real estate investor, paid $175 million for the beleaguered Horton Plaza in the heart of downtown San Diego last week and plans to. Glassdoor has 3 Stockdale Capital Partners reviews submitted anonymously by Stockdale Capital Partners employees. 61.7 F. Los Angeles. (Doc. This is ClassAction.org's current list of open lawsuits and investigations. Menu. All Rights Reserved. 2009). The evidence and inferences must be viewed in the light most favorable to the nonmoving party. Los Angeles-based Stockdale's planned $275 million . Sch. The state is expecting to hold hearings on the complaints in the coming weeks. Stockdale Capital Sets $550 Million Fund The total square footage of the properties, located at 9090 Wilshire. Stockdale Capital Partners Acquires The Marker Hotel (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 . (John Kelley, John Gibbins, Jennifer Van Grove). Provide . Greater Los Angeles Area. Gary Stockdale - IMDb February 22, 2017. Settlement Reached in Horton Plaza Lawsuit, Redevelopment Ahead In finding no secondary meaning, the court emphasized that the plaintiff's symbol was not prominently displayed in its advertisements. for Good Gov't v. Coal. No. The total fine was more than $2million. 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. Given that Plaintiff has undisputedly used the mark for thirty years, has sizeable real estate market value, engages in widespread advertising and promotional efforts, and has received at least some media recognition, Plaintiff has established a genuine fact as to whether its mark has acquired secondary meaning. Design work on the 10-acre project is being led by Retail Design Collaborative and Rios, Clement Hale. Sint in voluptatem facilis deleniti eveniet iusto nesciunt optio. Ticketmaster Dallas Stars, Plaintiff does not contend that Defendants intended to benefit from Plaintiff's good reputation. The new owners, Stockdale Capital Partners, bought Horton Plaza just over a year ago and have. 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. However, such usage is not dispositive of the primary significance of "Stockdale" to the public and, in any event, this evidence does not overcome the USPTO's prima facie case against registration. "A finding of a likelihood of confusion is a finding of fact." 34-8 at 2). stockdale capital lawsuit. Once a movant meets this burden, the burden shifts to the nonmovant to show the existence of a genuine fact issue for trial. Last year, Stockdale Capital purchased for approximately $70 million the Class A medical laboratory and office building, formally known as the Henkel Corporate offices at Scottsdale Road and Loop 101. Stay current on our latest investment opportunities and news affecting todays real estate investment industry. The firm did not respond to multiple requests for comment. Sep 3, 2020. Jul 2018 - Present3 years 2 months. Group v. Stockdale Capital Partners, LLC - Casetext Century, 295 Fed. Although Plaintiff testified that it does not track its advertising expenditures, id. No. 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 . No. Address: 20 Greenway Plaza. Shriners Hospital, which occupied the space for over 50 years, moved to a $77-million outpatient facility in Pasadena. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). 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. Loan Of $330M Secured For Horton Plaza Redevelopment 2018); Paulsson Geophysical Servs, Inc. v. Sigmar, 529 F.3d 303, 309 (5th Cir. Tex. Westwood-based Stockdale Capital Partners bought the J.W. Now that the hotel has a new owner, the union has higher hopes. 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. However, Amazing Spaces is materially distinguishable. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Id. 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. All rights reserved, Actor Tom Sizemore, of Saving Private Ryan,' Dies at 61, La Mesa Woman Says Paving Company Forced Her to Pay for Unfinished Driveway, San Diego Lands on Top 20 List of Happiest Places to Live,' Other San Diego Cities on List, Wife of Missing Wild 94.9 Host Indicates JV Will Not Be Coming Back'. 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. Stream Live Now ; News; Recent Coverage; Originals; Trials; Court TV Mystery; Talent; About Us; Press; Contact Real Estate Private Equity. No. Defendants "are a family of real estate investment, development, and management companies headquartered in Los Angeles." Nexera Energy Inc. (TSX Venture: NGY) is an energy company with oil producing properties in Southwest Texas. 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. 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." 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. Two Pesos, 505 U.S. at 769. Stockdales plans would reduce retail space in No. 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." 53 at 18). Advertising media identity. Horton Plaza is obviously critical to downtown. Buyer: Los Angeles-based Stockdale Capital Partners. (Doc. Veritas $450M loan default: A sign of things to come? She worked as a multimedia journalist and anchor at WRTV in Indianapolis. 2d 679, 698 (S.D. Finn has earned honors from the Society of Professional Journalists and the Pacific Southwest Chapter of the National Academy of Television Arts and Sciences. Additionally, it intends to turn a path that winds through the development into a public boardwalk. Because Plaintiff's mark is merely descriptive, it is protectable only if it has acquired secondary meaning. Stockdale Capital Partners offers enhanced returns through extensive market knowledge in streamlined acquisitions and well-managed property operations, all while preserving capital. The product of builder Ernest W. Hahn, Horton Plaza opened in 1985 to national acclaim. STOCKDALE INVESTMENT GROUP INC. D/B/A STOCKDALE, Plaintiff, v. STOCKDALE CAPITAL PARTNERS, LLC, et al, Defendants. 1971). 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. Defendants have used the name "Stockdale" continuously since their collective inception in 2013. Stockdale Capital Partners Secures $330 Million Construction Loan for Macy's Continues Lawsuit Against Horton Plaza Redevelopment (Doc. S.p.A. v. Atlantic Sunglasses LLC, 2017 WL 6885602, at *5 (S.D. 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. This factor is neutral. Two Pesos, Inc., 505 U.S. at 768 (citing Abercrombie & Fitch Co. v. Hunting World, Inc., 537 F.2d 4, 9 (2d Cir. Stockdale Capital Partners has until December 2022 to deploy a $550 million fund it closed in February of last year, according to Dan Michaels, managing director of the Los Angeles-based private . What's happening with Horton Plaza? Now we know - San Diego Union-Tribune Make your practice more effective and efficient with Casetexts legal research suite. Guilt And Redemption In The Kite Runner, More Than Beakers And Pipettes: Biotech Developments Go Big State of the art equipment in a caring environment. Location & Hours 4000 Empire Dr Ste 100 Bakersfield, CA 93309 Get directions Edit business info Amenities and More All staff fully vaccinated Masks required Staff wears masks Accepts Credit Cards As a new user, you get over 200 WSO Credits free, so you can reward or punish any content you deem worthy right away. new homes for sale in gonzales, la; jfk airport covid testing requirements; norman, ok mayor political party; switzerland cemetery records; Id. Tex. Here, as discussed supra, "Stockdale" is descriptive and there is a genuine question of fact as to whether it has acquired secondary meaning. Anyone familiar with the culture, hours, and comps for investment associate at Stockdale Capital Partner? Stockdale Capital Partners | Wall Street Oasis 3d 1151, 1159 (S.D. The Marker, a 208-key hotel built in 1910, is blocks away from Union Square and the Moscone Convention Center. The Court finds neither the passing email inquiry nor allusions to third parties' confusion to be compelling evidence of actual confusion. (Doc. Defendants now move for summary judgment. May 20, 2021 01:15 PM. However, actual confusion need not be proven to establish a likelihood of confusion; this factor is accordingly neutral. Stockdale Capital Partners is a growing vertically-integrated Los Angeles based real estate investment firm, affiliated with Stockdale Management, a property management firm. Finally, Plaintiff was recognized in the Dallas Business Journal as one of the "Best Places to Work" in 2016, 2017, and 2018.