The list is updated frequently, so check . Moreover, as the USPTO further determined, the mark has the structure and pronunciation of a surname, there is no stylization associated with the mark that would remove its primary significance from being that of a surname, and the mark has no other known meanings. No. google classroom parent letter While the Jon Jerde-designed center attracts almost no customers today, it does attract lawsuits. Defendants contend that Plaintiff's mark, "Stockdale," is not protectable because it is merely descriptive as a surname or a geographical descriptor and has not acquired secondary meaning. Defendants have used the name "Stockdale" continuously since their collective inception in 2013. Westwood-based Stockdale is just the latest Los Angeles-based investment firm to hunt for hotel acquisitions in the pandemic. Property records show two transactions totaling $71 million. However, while empirical evidence such as consumer surveys is the strongest evidence of secondary meaning, it is not required. 41-7) and the International Council for Shopping Centers (Doc. 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. Food and Words for Nerds. Defendants maintain that they do not engage in any advertising, marketing, or sponsorships. (Doc. Next door to Horton Plaza, British Columbia-based Bosa Developmentis planning a major redevelopment of the Paladion building to make way for 162,000 square feet of creative office space. The USPTO denied Plaintiff's application to register "Stockdale" in October 2018 on the basis that it is primarily a surname. Culver City-headquartered mobile game developer Jam City Inc. reported Nov. 28 it acquired a new title from Uken Studios Inc., which does business as Uken Games. 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. Please visit our associate and lateral pages to learn more about the positions and a career at Baird Holm. Bill Doak has more than 30 years of hospitality industry experience, with senior leadership roles in Stockdale Capital Partners, LLC Nov 2022 - Present 5 months. Tex. of Houston Sys. No. Gensler is designing the project, and CBRE is in charge of leasing. Los Angeles-based Stockdale's planned $275 million . Tex. "We're thrilled to work on our first project for Stockdale Capital Partners," shared Jim Kurtzman . . Pebble Beach Co. v. Tour 18 1 Ltd., 155 F.3d 526, 540 (5th Cir. 34-13 at 2). Macy's filed a lawsuit to stop Stockdale Capital Partners' project. They feature, for example, different fonts, inverted color schemes, and one includes the additional words "Capital Partners." Notably, Plaintiff does not provide empirical evidence connecting Plaintiff's efforts to their efficacy in altering consumer association. Plaintiff Walter F. Jones filed his lawsuit against J.G. 2005-2023 Wall Street Oasis. The news came less than two . 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. The Company invests, owns, and operates multiple asset classes. A descriptive mark can only be protectible when it has acquired secondary meaning. On one hand, Defendants argue that the parties provide different services and operate on different scales. He was told that that was a different Stockdale. Vel assumenda harum laborum alias. Stockdale acquired the mall in 2018 from Westfield for $175 million. 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). Before the Court is Defendants' Motion for Summary Judgment. Appx. 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. No. Copyright 2023 NBCUniversal Media, LLC. 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. While a jury may ultimately determine that there is no secondary meaning, whether a mark has acquired secondary meaning is usually a question of fact, and in this case is best reserved for a jury. Louisville Football 2020 Stats, San Diego Union-Tribune reporter Jennifer Van Grove joins Midday Edition to explain the lawsuits and and the cutrrent status of the mall. The Marker, a 208-key hotel built in 1910, is blocks away from Union Square and the Moscone Convention Center. While there, she launched The Weekend Edition of Good Morning Indiana and generated breaking news content for both broadcast and digital platforms. 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." Nexera is owner and operator of the Lavernia, Wooden Horse and Stockdale Horizon . Occaecati qui excepturi quia fuga. In total, the project will cost about $450 million to develop. An identifying mark can be distinctive in one of two ways: it can be inherently distinctive, or it can acquire distinctiveness through "secondary meaning." Id. Id. If we can get some of those high-paying tech jobs to downtown people will able to live and work in the same place.. 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. LPC acquires stake in proptech leader Equiem. Find the best employment attorney serving Stockdale. (Doc. In 2018, Stockdale Capital Partners purchased the property and announced plans to develop it into an office park and tech campus. 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. Bainbridge DXS and its management wing Torrey Pines Hotel Group, launched a $500 million fund earlier this year to buy up to 200 distressed properties. 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. The premise of the show was that two . Here, as discussed supra, "Stockdale" is descriptive and there is a genuine question of fact as to whether it has acquired secondary meaning. 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. . of Regents of the Univ. However, Amazing Spaces is materially distinguishable. Celotex, 477 U.S. at 322-25. We need to have a vibrant space there, said Betsy Brennan, president and CEO of the Downtown San Diego Partnership. Founded in 2010, Stockdale Capital Partners is a real estate investment firm with 214 years of combined experience. 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. Indeed, "Stockdale" is not defined in the dictionary. 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. 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. Fed. The new owners, Stockdale Capital Partners, bought Horton Plaza just over a year ago and have. In each newsletter, we also highlight settlements that are ending soon, helping to ensure you don't miss out on money you're owed. The other two instances provide a somewhat more tenable basis for actual confusion. February 22, 2017. Earnhardt v. Kerry Earnhardt, Inc., 864 F.3d 1374, 1377 (Fed. Stockdale Radiology is a full-service imaging center with a dedicated women's center. Additionally, it intends to turn a path that winds through the development into a public boardwalk. Wal-Mart Stores, Inc., 529 U.S. at 210-11. Buyer: Los Angeles-based Stockdale Capital Partners. 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. Jane has 5 jobs listed on their profile. 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. Stockdale Capital Partners zeros in on significant real estate value opportunities that provide timely, consistent, and repeatable returns. Lincoln Property Company (LPC), one of the largest full-service real estate firms in the United States - owning and managing over 400 million square . 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. Defendants have demonstrated that their real estate investments are a "big ticket" item, RE/MAX Int'l, Inc., 655 F. Supp. S.p.A. v. Atlantic Sunglasses LLC, 2017 WL 6885602, at *5 (S.D. Id. The organisation's status is listed as "Active". Amazing Spaces, Inc. v. Metro Mini Storage, 608 F.3d 225, 230 n.7 (5th Cir. Century, 295 Fed. for Better Gov't, 901 F.3d 498, 505 (5th Cir. 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.. See, e.g., Viacom Int'l, 891 F.3d at 191. No. 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. The company is an owner-operator specializing . (Courtesy Stockdale Capital Partners) The project, named The Campus at Horton, . At what point is it worth leaving your job and running your own firm? Stockdale acquired the mall in 2018 from Westfield for $175 million. 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. 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. 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. 41 at 5). The whimsical and colorful Horton Plaza Mall sits nearly empty on a corner of downtown San Diego. Co-Founders Shawn and Steven Yari, with the property at 1740 Ocean Avenue (Google Maps). (Doc. (Doc. No. Bulbs 4 East Side, Inc. v. Ricks, 199 F. Supp. Glassdoor has 3 Stockdale Capital Partners reviews submitted anonymously by Stockdale Capital Partners employees. 53). 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." Before the Court is Defendants' Motion for Summary Judgment. 2009). B-1); it advertises its properties and brand in trade magazines and on websites (Doc. Columbia Sussex listed the hotel, at 1740 Ocean Avenue, earlier this year. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. This is ClassAction.org's current list of open lawsuits and investigations. No. Stockdale Capital Partners offers enhanced returns through extensive market knowledge in streamlined acquisitions and well-managed property operations, all while preserving capital.

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