In finding no secondary meaning, the court emphasized that the plaintiff's symbol was not prominently displayed in its advertisements. A). (Doc. Location. The goal of this section is to provide consumers with a comprehensive resource on class action and mass tort lawsuits. of Houston Sys. All. The California-based investment firm owns hotels in Scottsdale, Arizona, and medical and office space in California. Our vertically-integrated real estate investment group focuses on profitable opportunities within the Western United States. RE/MAX Int'l, Inc. v. Trendsetter Realty, LLC, 655 F. Supp. . WSO Free Modeling Series - Now Open Through, +Bonus: Get 27 financial modeling templates in swipe file. See 2 McCarthy on Trademarks and Unfair Competition 13:30 (5th ed.). of Regents of the Univ. Copyright 2023 NBCUniversal Media, LLC. Like hotel owners across the country, Columbia Sussex was slammed by the coronavirus. Stockdale purchased the bulk of the open-air shopping center last . Tex. Plaintiff is a real estate services company operating in Texas, California, and North Carolina. invitation to love poem analysis; how to take care of your soul sermon; list of largest unsupported domes in the world. 41-2 3). A few months before the malls sale, the owner of Jimbos Naturally food store chain filed a lawsuit against Westfield for breach of contract, claiming that the landlords failure to maintain the property drove away customers. Id. Springboards to Educ., Inc. v. Hous. The . Tex. No. Cho, through his firm Mitaa Group, owns a handful of commercial properties . 41-17 at 26:12-16). at 508-09. 1988)). Authors Channel Summit. Property records show two transactions totaling $71 million. LOS ANGELESStockdale Capital Companions (Stockdale), a Los Angeles-based, vertically-integrated actual property funding company, bought the DoubleTree Suites Salt Lake Town Downtown. Music Department: Star Trek Beyond. . Horton Plaza is obviously critical to downtown. 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. Westwood-based Stockdale is just the latest Los Angeles-based investment firm to hunt for hotel acquisitions in the pandemic. We need to have a vibrant space there, said Betsy Brennan, president and CEO of the Downtown San Diego Partnership. Similarity of the marks. or Want to Sign up with your social account? By contrast, generic marks "refer to the genus of which the particular product is a species," and thus are never registrable as trademarks. Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diego's next big economic windfall: a modern office campus. Allegations of unpaid labor, bribery, and more surround the initial lawsuit and a countersuit. Although Plaintiff testified that it does not track its advertising expenditures, id. See SA Bay LLC v. Hall, 849 F. Supp. 3d 573, 589 (S.D. Recruiters / other best ways to find remote RE jobs? 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. (2008) and Mamma Mia! Id. No. Id. "Everything along 1st Avenue is being redone, the former Nordstrom, the former Mervyn's," Divinsky said. No. No. February 22, 2017. 2017) (internal citation omitted). Celotex Corp. v. Catrett, 477 U.S. 317, 322 (1986). Occaecati qui excepturi quia fuga. vintage canvas 'painting ideas. 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. Advertising media identity. 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. Texas Outhouse Inc. v. Fresh Can, LLC, 266 F. Supp. Stockdale Capital Partners announced that it has 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. They feature, for example, different fonts, inverted color schemes, and one includes the additional words "Capital Partners." at 321-25. Id. Jul 2018 - Present3 years 2 months. At the time it played a vital role in cleaning up the seedy district, largely known for porn shops and topless bars. 101 Investment Banking Interview Questions, Financial Modeling & Valuation 2-Day Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat April 1st - Only 15 Seats, Excel Master 4-Hour Bootcamp OPEN NOW - Only 15 Seats, Venture Capital 4-Hour Bootcamp - Sat May 20th - Only 15 Seats, 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF, Elite instructors from top BB investment banks and private equity megafunds, Includes Company DB + Video Library Access (1 year). By Posted student houses falmouth 2021 In jw marriott panama concierge lounge Stockdale Capital Partners declined to comment for this story. Along the canal, Stockdale . Downtowns retail dead zone Horton Plaza is headed for permanent retirement. 53 at 18). I cover real estate development, fundamentals and finance. 34). 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. Defendants have demonstrated that their real estate investments are a "big ticket" item, RE/MAX Int'l, Inc., 655 F. Supp. Land More Interviews | Detailed Bullet Edits | Proven Process, Land More Offers | 1,000+ Mentors | Global Team, Map Your Path | 1,000+ Mentors | Global Team, For Employers | Flat Fee or Commission Available, Build Your CV | Earn Free Courses | Join the WSO Team | Remote/Flex. (Courtesy Stockdale Capital Partners) The project, named The Campus at Horton, . Stockdale Capital Partners is a growing Los Angeles based vertically-integrated real estate investment firm, affiliated with Stockdale Management, a property management firm. Stockdale Capital Partners and Jasper Ridge Partners have formed an institutional joint venture to recapitalize $142.5M Galleria Corporate Center in Scottsdale, AZ. Both programs also aired on public television stations nationwide. No. Home; About us; Partner With Us; Contact Us; Sign Up; average 40 year old woman wrinkles . Stockdale Capital Partners announced the agreement reached with Macy's to allow the downtown San Diego project to move forward. The record evidence raises factual questions regarding the extent to which the parties' real estate services overlap. 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. 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. See Xtreme Lashes, 576 F.3d at 229. (Doc. in Denver, according to public records. 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. 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. Wage theft is commonplace in San Diego. 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. Finn began her career in broadcasting at KTLA and KCET in Los Angeles. The Court addresses each in turn. Id. 53). 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. Stockdale acquired the mall in 2018 from Westfield for $175 million. Asset include: commercial office, medical office/life science, hospitality, retail and mixed-use. Because Plaintiff's mark is merely descriptive, it is protectable only if it has acquired secondary meaning. Care exercised by potential purchasers. 300,000 square feet to make room for offices. Defendants "typically target investments, acquisitions, and developments that are in the $50 [million] to $200 [million] range, but up to $400 [million]." Stockdale Capital Partners, LLC Oct 2020 - Present2 years 4 months Los Angeles Acquisitions & Investment strategy Senior Vice President, Real Estate Investments ClubCorp Feb 2018 - Feb 20202. 1225(a), and unfair competition under Texas common law. For the foregoing reasons, the Court DENIES Defendants' Motion for Summary Judgment. HON. Id. "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,. the $275 million redevelopment of Horton Plaza in downtown San Diego. at 935. The state is expecting to hold hearings on the complaints in the coming weeks. As with secondary meaning, the question of likelihood of confusion is a heavily fact-bound inquiry that, in this case, is best reserved for a jury. Stockdale Capital has been on a trading spree. A massive adaptive reuse project in downtown San Diego, Campus at Horton, signals the start of an urban lab boom. It opened to great fanfare in 1985. Los Angeles-based Stockdale's planned $275 million . 34). Casetext, Inc. and Casetext are not a law firm and do not provide legal advice. 53 at 15). Los Angeles, California. 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." President SIXONENINE Design + Development, LLC Sep 2017 - Present 5 years 7 months. Lebanon-St. Peter Cathedral at 333 San Vicente Blvd. The whimsical and colorful Horton Plaza Mall sits nearly empty on a corner of downtown San Diego. While the Jon Jerde-designed center attracts almost no customers today, it does attract lawsuits. 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. Food and Words for Nerds. CIVIL ACTION NO. 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." Stockdale Capital Partners purchased a 175-key hotel. Stockdales plans would reduce retail space in 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. Plaintiff relocated its headquarters to Texas in 2012. Xtreme Lashes, 576 F.3d at 231. Company Type For Profit Contact Email info@stockdalecapital.com Phone Number 281-201-3232 Stockdale Capital Partners is a growing Los Angeles based vertically-integrated real estate investment firm, affiliated with Stockdale Management, a property management firm. Located in Scottsdale, Arizona, the new multi-family development will incorporate 260 units. (Doc. Quilvest partners with Stockdale Capital to invest up to $100m for US medical RE. Two Pesos, 505 U.S. at 769. Sticker shock: Ranking South Floridas priciest residential rentals, Here are Chicago's top 10 construction permits issued in May. Westfield did not respond to a request for comment. Stockdale acquired the mall in 2018 from Westfield for $175 million. Lawsuit: Sacramento police uses force against racial justice protests but ignores Proud Boys . Address: 20 Greenway Plaza. Stockdale Capital Partners has also raised a fund. Id. It markets itself as "Stockdale," and has operated continuously under that name since its inception in 1989. View Jane Stockdale's profile on LinkedIn, the world's largest professional community. (Doc. buried verbs and zombie nouns examples how to increase accuracy in lstm model. Excel Best Practices To Avoid A Black Box Model. 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." 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 . 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. Defendants "are a family of real estate investment, development, and management companies headquartered in Los Angeles." No. 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. 41-4 at 117), (Doc. The new owners, Stockdale Capital Partners, bought Horton Plaza just over a year ago and have now been sued by one of its last remaining tenants, Macy's Department Store. 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. Plaintiff also attempted to register "Stockdale" as a trademark with the U.S. Patent and Trademark Office (the "USPTO"), but was denied the registration in 2018 on the basis that "Stockdale" is primarily a surname. Defendants urge that the evidence presented here is more analogous to that in Amazing Spaces, Inc., 608 F.3d at 225. No. (John Kelley, John Gibbins, Jennifer Van Grove).
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