Stockdale Capital Partners and Jasper Ridge Partners have formed an institutional joint venture to recapitalize $142.5M Galleria Corporate Center in Scottsdale, AZ. The Court finds neither the passing email inquiry nor allusions to third parties' confusion to be compelling evidence of actual confusion. 34). Before the Court is Defendants' Motion for Summary Judgment. A genuine issue of material fact exists if a reasonable jury could enter a verdict for the non-moving party. 53 at 16). for Better Gov't, 901 F.3d 498, 505 (5th Cir. In 2018, Stockdale Capital Partners purchased the property and announced plans to develop it into an office park and tech campus. A judge issued a temporary restraining order Monday and scheduled a July [] 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. Stockdale Capital Partners zeros in on significant real estate value opportunities that provide timely, consistent, and repeatable returns. - Advertisement - Nexera Energy Inc. (TSX Venture: NGY) is an energy company with oil producing properties in Southwest Texas. 1998). Viacom Int'l, 891 F.3d at 193. Plaintiff relocated its headquarters to Texas in 2012. 41-9). The name "Stockdale" was on a list of potential buyers. Amazing Spaces, Inc. v. Metro Mini Storage, 608 F.3d 225, 237 (5th Cir. This factor is neutral. San Diego Mayor Kevin Faulconer and several business leaders have asked Macy's to stand down from their lawsuit against Stockdale Capital Partners, the new owners of Horton Plaza Mall. In finding no secondary meaning, the court emphasized that the plaintiff's symbol was not prominently displayed in its advertisements. Stockdale Capital Partners. R. Civ. "Stockdale" was chosen as a reference to Stockdale, California, where the company was founded. Gary Stockdale. Plaintiff was not in fact involved with that deal. The list is updated frequently, so check . Defendants claim they were not aware of Plaintiff prior to this claim and they maintain that Plaintiff is not a competitor in the same marketplace. Additionally, it intends to turn a path that winds through the development into a public boardwalk. Care exercised by potential purchasers. Now that the hotel has a new owner, the union has higher hopes. stockdale capital lawsuit. stockdale capital lawsuit. Copyright 2023 NBCUniversal Media, LLC. 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. Columbia Sussex listed the hotel, at 1740 Ocean Avenue, earlier this year. V. Houston Coll. 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. The company is an owner-operator specializing . Sep 3, 2020. Macy's filed a lawsuit to stop Stockdale Capital Partners' project. That process may hinge around a. However, proof of a defendant's intent is not required to establish trademark infringement. Even sophisticated real estate entities may, at least initially, believe that the two parties are affiliated with one another, which could cause reputational harm. All Rights Reserved. Here, as discussed supra, "Stockdale" is descriptive and there is a genuine question of fact as to whether it has acquired secondary meaning. Defendants maintain that they do not engage in any advertising, marketing, or sponsorships. Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diego's next big economic windfall: a modern office campus. 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 . Stockdale Capital Partners, LLC 6 years 1 month Managing Director May 2022 - Present9 months Los Angeles Metropolitan Area Vice President Asset Management Jan 2017 - Present6 years 1 month. 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. "Stockdale" was chosen as a reference to Stockdale, California, where the company was founded. Stockdale Capital Partners bought the 175-key hotel. On one hand, Defendants argue that the parties provide different services and operate on different scales. Despite the pandemic, Stockdale has embarked on a $12 million refurbishing effort to attract life science users. VIEW OUR HISTORY Investment Strategy. See Xtreme Lashes, 576 F.3d at 229. Occaecati qui excepturi quia fuga. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. The state is expecting to hold hearings on the complaints in the coming weeks. buried verbs and zombie nouns examples how to increase accuracy in lstm model. Ticketmaster Dallas Stars, LPC acquires stake in proptech leader Equiem. This factor weighs in favor of a likelihood of confusion. Rendering courtesy of Stockdale Capital Partners The company purchased Horton Plaza, a once-vibrant downtown mall, from Westfield in August 2018, with the intention of transforming the post-modern buildings into a life science destination encompassing 770,000 square feet of office space. February 22, 2017. No. No. Wage theft is commonplace in San Diego. Id. 27, 2017) (quoting Am Rice, 518 F.3d at 332)). This factor weighs against a likelihood of confusion. Stockdales plans would reduce retail space in No. Id. 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. In August 2018, Stockdale Capital Partners purchased the complex with the intention of developing it into The Campus at Horton, an office and retail complex. It could add an additional 1.5 million square feet of office space and other amenities down the road. Its part of a bid to transform San Diegos central business district into a tech hub by leveraging the high percentageof Millennials living in the city and the concentration of life science companies operating in the suburbs. at 228-29 (emphasis added) (determining that although distinguishable, the "Xtreme Lashes" and "Xtended Beauty" logos were sufficiently similar that consumers could believe that Xtended Beauty was a product line offered by Xtreme Lashes). Stockdale Capital Partners is a growing Los Angeles based vertically-integrated real estate investment firm, affiliated with Stockdale Management, a property management firm. The Marker, a 208-key hotel built in 1910, is blocks away from Union Square and the Moscone Convention Center. Stockdale Capital Partners is part of the Real Estate industry, and located in California, United States. Here We Go Again (2018). Exterior construction will begin shortly with 600-800 construction workers expected [] A). All content is posted anonymously by employees working at Stockdale Capital Partners. 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. He was told that that was a different Stockdale. Last year, Stockdale Capital Partners purchased the property for $175 million with a plan to repurpose Horton Plaza's post-modern buildings as an employment hub that would appeal to elite tech. Prior to making San Diego home, Jade worked in markets across the Southeast and Midwest, building a network of sources to tell the stories of people in each community. The . Sorry, you need to login or sign up in order to vote. To prevail on a trademark infringement claim under the Lanham Act, 15 U.S.C. Sticker shock: Ranking South Floridas priciest residential rentals, Here are Chicago's top 10 construction permits issued in May. Nexera is owner and operator of the Lavernia, Wooden Horse and Stockdale Horizon . Company profile page for Stockdale Capital Partners LLC including stock price, company news, press releases, executives, board members, and contact information Appx. (function($) {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. Similarity of the services and purchaser identity. Mar. 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. Id. The headquarter was located at 5151 Stockdale Highway, Bakersfield, CA 93309. Kentucky-based Columbia Sussex sold the 175-key. The company said Stockdale had violated the terms of its lease with the redevelopment plans that shifted the malls emphasis as a retail center. It markets itself as "Stockdale," and has operated continuously under that name since its inception in 1989. While the Jon Jerde-designed center attracts almost no customers today, it does attract lawsuits. See, e.g., Viacom Int'l, 891 F.3d at 191. Tex. No. Although this lawsuit and others (Jimbo's Natural Foods is also suing) do not comment on preserving . The product of builder Ernest W. Hahn, Horton Plaza opened in 1985 to national acclaim. 2d 679, 698 (S.D. The lobby of the Galleria in Scottsdale, Ariz. See, e.g., (Doc. Westwood-based Stockdale Capital Partners recently secured a $550 million real estate opportunity fund called SCP Real Estate Opportunities Fund I. Disciplined, effective property operations and improvements. (Doc. at 10. Plaintiff learned of Defendants in 2017 after a broker from a real estate investment firm contacted Plaintiff to inquire whether they were involved in marketing a pending deal. Id. 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. 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. Stockdale Capital Partners is now laying the groundwork to transform Horton Plaza into San Diegos next big economic windfall: a modern office campus. Courts in the Fifth Circuit have found secondary meaning even in the absence of empirical evidence. SIGNED at Houston, Texas, on this the 15th of October, 2019. Pat Finn previously served as a producer for KPBS Midday Edition and KPBS Evening Edition. Project manager and captain, Parker Stockdale, introduced the owner's vision of building the finest yacht ever created. (Doc. Id. 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. (2008) and Mamma Mia! 3d 573, 589 (S.D. Music Department: Star Trek Beyond. No. 34-2 4). The firm did not respond to multiple requests for comment. Stockdale Capital has been on a trading spree. Stay current on our latest investment opportunities and news affecting todays real estate investment industry. In May, it sold . at 6. 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. For instance, it spent more than $50,000 to acquire the internet domain name, stockdale.com (Doc. Glassdoor has 3 Stockdale Capital Partners reviews submitted anonymously by Stockdale Capital Partners employees. About Stockdale Capital Partners Founded in 2010, Stockdale Capital Partners is a real estate investment firm with 214 years of combined experience. And a day-to-night ambience, complete with an upgraded Lyceum Theater, is intended to be inviting for workers, downtown dwellers and Gaslamp visitors. Los Angeles-based Stockdale's planned $275 million . The Court finds that Stockdale is at best descriptive as merely a surname, and accordingly does not discuss whether the mark is geographically descriptive. HON. No. No. 41-10). 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. of Regents of the Univ. It has secured a $550 million real estate opportunity fund to look at new opportunities. 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. 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.. 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. View Jane Stockdale's profile on LinkedIn, the world's largest professional community. 2005-2023 Wall Street Oasis. However, while empirical evidence such as consumer surveys is the strongest evidence of secondary meaning, it is not required. Keep up with all the latest news, arts and culture, and TV highlights from KPBS. Defendants are also "involved in leasing and property management operations, but only as it relates to themselves for their own or their affiliates' properties." Stockdale plans to redevelop the mall into a $275 million high-tech office space with fitness studios and restaurants on the ground floor. Pebble Beach Co. v. Tour 18 1 Ltd., 155 F.3d 526, 540 (5th Cir. However, Amazing Spaces is materially distinguishable. Plaintiff, on the other hand, avers that the parties acquire the same types of properties, offer property management services, and perform similar business activities. (John Kelley, John Gibbins, Jennifer Van Grove). We're championing. 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. Stream Live Now ; News; Recent Coverage; Originals; Trials; Court TV Mystery; Talent; About Us; Press; Contact Real Estate Private Equity. 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. Prior to Octavian, Mr. Michaels worked at various well-respected. 1976)). The total square footage of the properties, located at 9090 Wilshire. The Company invests, owns, and operates multiple asset classes. the $275 million redevelopment of Horton Plaza in downtown San Diego. Industry: Venture capital companies Printer Friendly View Address: 10850 Wilshire Blvd Los Angeles, CA, 90024-4305 United States The Trademark Board considers several factors in determining the primary significance of the mark to the purchasing public, including: (1) the rarity of the name, (2) whether it is the name of the applicant, (3) whether there is a significant non-surname meaning, (4) whether the designation has the look and sound of a surname, and (5) whether the context of use contributes to the perception of the designation as a surname. . invitation to love poem analysis; how to take care of your soul sermon; list of largest unsupported domes in the world. Alpha generated through enhanced property-level operations.