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Local card shop heads West

Submitted by on 1, November 20, 2009 – 5:50 amOne Comment

anim_8Park Street fixture Alameda Sports Cards & Comics is heading West – to Webster Street, that is.

Shop owner Patti said she plans to close the door on 1412 Park Street, the address she’s held since 1987, on Christmas Eve. And she’s hoping to reopen in her new spot, 1515 Webster Street, on January 4.

She said cheaper rent, plus anticipation of a worsening economy, prompted the move.

“As a business owner, it would have been irresponsible for me to sign a lease that big,” she said. “The rent was just to much for my space.”

Patti said that besides her address, not much will change. The store may be open for appointments only on Monday. But she’ll still work with the library to continue its annual free comic book day. And she may do additional events, with Washington Elementary School and the West End branch library nearby.

The move comes in the midst of some big changes for Webster Street that include the opening of a newly expanded Pacific Pinball Museum (right across the street from Patti’s place, in the old record shop space at 1510 Webster) and the possible arrival of a retail store for a certain Oakland bakery (highlight if you want to be spoiled: Neldams).

More to come on developments here.

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Stryker to acquire OtisMed

Stryker to acquire OtisMed

Stryker to acquire OtisMed

Kalamazoo, Mich.-based medical technology firm Stryker Corporation announced that on November 10 that it has acquired Alameda’s OtisMed Corporation in a deal valued at up to $103 million.

OtisMed, a privately held software technology firm that was founded in 2005, will remain in Alameda, according to a press release issued by Stryker. The company’s focus is on joint replacement.

The deal will include $67 million in upfront payments and up to $36 million in future milestone and royalty payments.

Pagano’s expands into Towne Centre

Pagano’s expands into Towne Centre

Pagano’s expands into Towne Centre

The rumors are true, apparently: Pagano’s is expanding into Alameda Towne Centre come spring, according to the Journal’s Peter Hegarty. Get the full story by clicking here.

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