Stockdale Capital Partners, a Los Angeles-based opportunistic real estate investor, paid $175 millionfor the beleaguered Horton Plaza in the heart of downtown San Diego last week and plans to convert the mall into a mixed-use office and retail development that will cater to technology and creative companies. The USPTO denied Plaintiff's application to register "Stockdale" in October 2018 on the basis that it is primarily a surname. Compare top Ohio lawyers' fees, client reviews, lawyer rating, case results, education, awards, publications, social media and work history. 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." Stockdale Capital Partners has also raised a fund. Stockdale Capital Partners will continue with its redevelopment plans to transform the nearly vacant mall into The Campus at Horton, an innovative creative office, entertainment and retail center. Alpha generated through enhanced property-level operations. What additional experience/credentials can I get to set myself apart? Stockdale Capital Partners has sold two medical office properties in Beverly Hills and Santa Monica in a $156 million deal. Project manager and captain, Parker Stockdale, introduced the owner's vision of building the finest yacht ever created. It's a lofty vision that depends on high-profile tenants committing to the project and can be only realized once Stockdale Capital closes the transaction. Coll. Id. Id. Rabobank was the successor institution. Id. No. . While the Jon Jerde-designed center attracts almost no customers today, it does attract lawsuits. She worked as a multimedia journalist and anchor at WRTV in Indianapolis. She is a proud graduate of Florida Agricultural and Mechanical University. All. Sep 3, 2020. Defendants now move for summary judgment. The California-based investment firm owns hotels in Scottsdale, Arizona, and medical and office space in California. It registered the name "Stockdale, LLC" and "Stockdale Capital" with the Texas Secretary of State in 2014 and 2017, respectively. 1052(e); World Carpets, Inc. v. Dick Littrell's New World Carpets, 438 F.2d 482, 487 (5th Cir. No. The city has all the elements necessary for a vibrant live-work-play environment, save for the large blocks of urban, creative work space craved by major employers.. Pat Finn previously served as a producer for KPBS Midday Edition and KPBS Evening Edition. Stockdale acquired the mall in 2018 from Stockdale Capital released its first public renderings of the Horton Plaza redevelopment project ahead of a meeting with Civic San Diego, and it's not good news. Its a lofty vision that depends on high-profile tenants committing to the project and can be only realized once Stockdale Capital closes the transaction. Lebanon-St. Peter Cathedral at 333 San Vicente Blvd. The Court agrees. 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. No. Copyright 2023 NBCUniversal Media, LLC. LOS ANGELES October 28, 2022 Stockdale Capital Partners (Stockdale), a Los Angeles-based, vertically-integrated real estate investment firm, won approval from the Los Angeles City Council for its 145,000 square-foot, Class-A medical building on Los Angeles Westside, adjacent to the Hotel on Brighton Blvd. As the USPTO determined, "Stockdale" as a surname is not rare, with 6013 entries in the Lexis database. Stockdale Capital Partners and Jasper Ridge Partners have formed an institutional joint venture to recapitalize $142.5M Galleria Corporate Center in Scottsdale, AZ. (Doc. 34-2 7, 9). The J.W. The . Home; About us; Partner With Us; Contact Us; Sign Up; average 40 year old woman wrinkles . 2017) (quoting In re Hutchinson Tech., Inc., 852 F.2d 552, 554 (Fed. The Court finds neither the passing email inquiry nor allusions to third parties' confusion to be compelling evidence of actual confusion. 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. Id. Id. 300,000 square feet to make room for offices. See Bd. No. Celotex Corp. v. Catrett, 477 U.S. 317, 322 (1986). What do you want to hear hosts Jade Hindmon and Maureen Cavanaugh talk about on Midday? Sorry, you need to login or sign up in order to vote. Co-Founders Shawn and Steven Yari, with the property at 1740 Ocean Avenue (Google Maps). 3d 573, 589 (S.D. The company in January reached a settlement of a lawsuit that had been filed by Macys. 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. Only three claims for relief remain at issue in this case; Plaintiff withdrew counts II, III, VII, and VIII in its Second Amended Complaint. Located in Scottsdale, Arizona, the new multi-family development will incorporate 260 units. 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. No. Pebble Beach Co. v. Tour 18 1 Ltd., 155 F.3d 526, 540 (5th Cir. 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 . Inc., 852 F.2d at 556 (explaining that lack of dictionary definitions is indicia that the primary significance of a mark is as a surname). 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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. Stockdale Capital Partners bought the 175-key hotel. No. Attorneys At Baird Holm we are always looking for talented attorneys to help strengthen our firm. Descriptive marks are not inherently distinctive because they merely "identif[y] a characteristic or quality of an article or service, such as its color, odor, function, dimensions, or ingredients." Tex. View Jane Stockdale's profile on LinkedIn, the world's largest professional community. I was exhausted., Do Not Sell/Share My Personal Information. Columbia Sussex listed the hotel, at 1740 Ocean Avenue, earlier this year. Founded in 2010, Stockdale Capital Partners is a real estate investment firm with 214 years of combined experience. The news came less than two . Westfield did not respond to a request for comment. Design work on the 10-acre project is being led by Retail Design Collaborative and Rios, Clement Hale. 10850 Wilshire Blvd Ste 1050, Los Angeles, California, 90024, United States. No. LOS ANGELESStockdale Capital Companions (Stockdale), a Los Angeles-based, vertically-integrated actual property funding company, bought the DoubleTree Suites Salt Lake Town Downtown. The other two instances provide a somewhat more tenable basis for actual confusion. stockdale capital lawsuit. In 1979 she became KPBS Public Information Director, then Director of Advertising and Promotion, Program Director, and Director of Broadcasting. LOS ANGELESStockdale Capital Partners (Stockdale) announced that it has acquired The Marker hotel in San Francisco for $77 million from Pebblebrook Hotel Trust. Stockdale Radiology is a full-service imaging center with a dedicated women's center. Two Pesos, 505 U.S. at 769. S.p.A. v. Atlantic Sunglasses LLC, 2017 WL 6885602, at *5 (S.D. Jade is a three-time Emmy nominee, a National Association of Black Journalists Salute to Excellence Finalist, and the recipient of a South Carolina Associated Press Award. In one instance, following an article reporting on Stockdale Capital Partners' involvement with the redevelopment of a San Diego shopping mall, Plaintiff's managing partner received an email asking "Is this you guys?!" of Law, 214 F. Supp. 53 at 18). 2d 679, 698 (S.D. (Doc. Our vertically-integrated real estate investment group focuses on profitable opportunities within the Western United States. The sophistication and diligence involved in real estate dealings weigh against a likelihood of confusion. LOS ANGELES - October 28, 2022 - Stockdale Capital Partners ("Stockdale"), a Los Angeles-based, vertically-integrated real estate investment firm, won approval from the Los Angeles City Council for its 145,000 square-foot, Class-A medical building on Los Angeles' Westside, adjacent to the. why is there a plague in thebes oedipus. new homes for sale in gonzales, la; jfk airport covid testing requirements; norman, ok mayor political party; switzerland cemetery records; Opinions expressed by Forbes Contributors are their own. The state is expecting to hold hearings on the complaints in the coming weeks. See, e.g., Viacom Int'l, 891 F.3d at 191. Stockdale Capital Partners zeros in on significant real estate value opportunities that provide timely, consistent, and repeatable returns. See (Doc. Attorneys are either actively filing these cases or investigating to determine whether lawsuits can be filed. focused on structured investment opportunities. No. Jacob Stockdale, whose family was on Wife Swap Season 4, was recently sentenced to 30 years in prison for murdering his mother, Kathy, and his brother James. Disciplined, effective property operations and improvements. (Doc. Tex. Every day online and each Monday in print, the Business Journal reports on how local business operate and why businesses leaders make the decisions they do. "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,. Anyone familiar with the culture, hours, and comps for investment associate at Stockdale Capital Partner? Tex. 41-4 at 117), (Doc. Here, the designs of the two marks, taken as a whole, are certainly distinguishable. The Marker, a 208-key hotel built in 1910, is blocks away from Union Square and the Moscone Convention Center. The court can consider any evidence in "the pleadings, depositions, answers to interrogatories, and admissions on file, together with the affidavits, if any." RE/MAX Int'l, Inc. v. Trendsetter Realty, LLC, 655 F. Supp. stockdale capital lawsuit Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diego's next big economic windfall: a modern office campus. The deal closed May 11. See 2 McCarthy on Trademarks and Unfair Competition 13:30 (5th ed.). The Fifth Circuit affirmed that there was no fact issue as to whether the plaintiff's symbol had acquired secondary meaning even though the plaintiff had used the symbol for ten years, spent nearly $725,000 in advertising and promoting the symbol, realized over $11.5 million in revenue since it began using the symbol, and declarations from consumers indicated confusion when seeing rival self-storage facilities that displayed symbols similar to that of the plaintiff. 41-7) and the International Council for Shopping Centers (Doc. 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. Nonetheless, even where marks are distinguishable, the inquiry is whether they are "similar enough that a reasonable person could believe the two products have a common origin or association." 34-2 8). The Court finds that Stockdale is at best descriptive as merely a surname, and accordingly does not discuss whether the mark is geographically descriptive. Nexera Energy Inc. (TSX Venture: NGY) is an energy company with oil producing properties in Southwest Texas. The product of builder Ernest W. Hahn, Horton Plaza opened in 1985 to national acclaim. 2017) (internal citation omitted). The site is adjacent to where Stockdale is already developing the Marquee office building at Scottsdale Road and Shoeman Lane. at 321-25. 1988)). Kentucky-based Columbia Sussex sold the 175-key. See 2(e), 15 U.S.C. 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(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. Indeed, Plaintiff's evidence suggests that one individual reached out to Plaintiff's CEO after seeing "Stockdale" on a list of potential buyers of a property he was selling. 41-1 at 42, 97). 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. 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. It opened to great fanfare in 1985. 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. The headquarter was located at 5151 Stockdale Highway, Bakersfield, CA 93309. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value). Lincoln Property Company (LPC), one of the largest full-service real estate firms in the United States - owning and managing over 400 million square . Defendants have used the name "Stockdale" continuously since their collective inception in 2013. 34-8 at 2). Stockdales plans would reduce retail space in 2005-2023 Wall Street Oasis. (2008) and Mamma Mia! They feature, for example, different fonts, inverted color schemes, and one includes the additional words "Capital Partners." 41-15 Exh. An identifying mark can be distinctive in one of two ways: it can be inherently distinctive, or it can acquire distinctiveness through "secondary meaning." Ground floor retail is still part of the envisioned equation, though storefronts will primarily feature singular, San Diego-inspired eateries along with boutique health and fitness venues. 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. Westfield for $175 million. Finn began her career in broadcasting at KTLA and KCET in Los Angeles. However, while empirical evidence such as consumer surveys is the strongest evidence of secondary meaning, it is not required. Shriners Hospital, which occupied the space for over 50 years, moved to a $77-million outpatient facility in Pasadena. Marriott Le Merigot in Santa Monica for $75 million in May, around $428,600 per room. Horton Plaza is obviously critical to downtown. March 6, 2017. Courts in the Fifth Circuit have found secondary meaning even in the absence of empirical evidence. At the time it played a vital role in cleaning up the seedy district, largely known for porn shops and topless bars. at 248-49. 2016); see also Smack Apparel Co., 550 F.3d 465 (5th Cir. By Isabella Farr. The whimsical and colorful Horton Plaza Mall sits nearly empty on a corner of downtown San Diego. 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. No. Seller: Principal Real Estate Investors. May 20, 2021 01:15 PM. (Doc. Plaintiff claims that the current value of its real estate holdings is in excess of $150 million, and that since 2013 it has expended approximately $75 million in real estate acquisitions. 27, 2017) (quoting Am Rice, 518 F.3d at 332)). 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. Id. 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. 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. Jade also had the opportunity to cover international news and was able to travel to South Africa during the 2010 World Cup. 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. (Doc. See the complete profile on LinkedIn and discover Jane's connections and jobs at similar companies. Stockdale Capital Partners purchased a 175-key hotel. Cir. The mall opened in 1985 but has grown obsolete While Defendants' primary service is the acquisition and development of real estate for commercial uses, Plaintiff assists tenants in leasing properties it does not own, acquires real estate without seeking outside investor capital, and provides consultant services to third parties related to site selection and due diligence. Indep. Today, however, the malls storefronts have been abandoned in recent years by retailers either struggling to adapt to an online-shopping world or dragged down by the centers fortress-like feel. Los Angeles /. Expands and Extends Existing Lease at Stockdale Capitals Sugar Creek Complex, Stockdale Capital and Ace Parking Form Partnership with Grosvenor Group to Acquire Parking Assets, Stockdale Capital Announces Partnership with Siguler Guff & Company, LP, Stockdale Capital Purchases of Two West LA Medical Office Buildings, New 250,700 SF Creative Office Building Coming to Downtown Scottsdale. 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 decision to close, which is being characterized as temporary, comes as Someck continues his nearly two-year legal tussle with Horton owner Stockdale Capital Partners over the terms of the . Voluptates quis est qui aut nulla. 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 . 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 How Much Do Twitch Streamers Make Per Ad, VIEW OUR HISTORY Investment Strategy. No. 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. The Court made that decision in response to a lawsuit filed by the Sierra Club. v. Smack Apparel Co., 550 F.3d 465, 474 (5th Cir. 53). Redevelopment of Horton Plaza in downtown San Diego is ramping up with a $330 million loan secured by Stockdale Capital Partners with a group of funds managed by Alliance Bernstein. 1225(a), and unfair competition under Texas common law. Macy's sued Stockdale Capital Partners in October arguing . The State of California Superior Court - Kern County reported the following activity in the suit brought by Stockdale Kitchen and Bath against Corey Delater on June 8: 'Petition For Harassment'.. Case number BCV-21-101087 was filed in the State of California Superior Court - Kern County on May 17. Advertising media identity. A mark is protectable if it is distinctive, meaning it must be "capable of distinguishing the applicant's goods from those of others." The Court evaluates each in turn. Stockdale plans to convert the mall that sparked development of the Gaslamp Quarter into a mixed-use development centered on new offices. Defendants are also "involved in leasing and property management operations, but only as it relates to themselves for their own or their affiliates' properties." 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. It could add an additional 1.5 million square feet of office space and other amenities down the road. the $275 million redevelopment of Horton Plaza in downtown San Diego. Provide . Macy's filed a lawsuit to stop Stockdale Capital Partners' project. 34-5 at 138:15-24). The refit of Anodyne began when an American owner acquired a 98-foot (approximately 29.9-meter) Inace motoryacht in 2014, then-named Boundless. Springboards to Educ., 912 F.3d at 811. The company is an owner-operator specializing . The organisation's status is listed as "Active". No. Id. No. Recruiters / other best ways to find remote RE jobs? To determine whether a mark is distinctive, marks are often classified into categories of generally increasing distinctiveness: they may be (1) generic, (2) descriptive, (3) suggestive, (4) arbitrary, or (5) fanciful. Last week, San Diego Mayor Kevin Faulconer and several area businessmen sent Macy's CEO Jeff Gennette a letter asking them not to sue. No. For the foregoing reasons, the Court DENIES Defendants' Motion for Summary Judgment. 1225(a), unfair competition under 15 U.S.C. 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. Marriott Le Merigot hotel in Santa Monica sold to Stockdale Capital Partners for around $75 million, The Real Deal has learned. Agric. The developer expects to complete the first phase in 2020, although the plans are subject to city approval. Stockdale Capital will rename the property the Campus at Horton, and the first phase of its redevelopment plan calls for brightening up the fortress-like building with light-filled creative office space across the upper floors and retail, entertainment and restaurants on the ground floor. In May, it sold . the mall from the 600,000 square feet that was required in deed restrictions to Sch. (Doc. In August 2018, Plaintiff filed suit, alleging claims for relief including trademark infringement under 15 U.S.C. Stockdale Capital isnt the only investor in downtown San Diego targeting tech tenants. 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. While there, she launched The Weekend Edition of Good Morning Indiana and generated breaking news content for both broadcast and digital platforms. He was told that that was a different Stockdale. Last year, Stockdale Capital Partners purchased the property for $175 million with a plan to repurpose Horton Plaza's post-modern buildings as an employment hub that would appeal to elite tech. B-1); it advertises its properties and brand in trade magazines and on websites (Doc. They proposed an "innovation hub" focused on technology and biotechnology companies. Defendant's intent.