Karma Automotive signed a 262,000-square-foot lease with Bixby Land Company to occupy the entire former Kawasaki USA headquarters in Irvine, CA. Terms of the lease were not disclosed.
Bixby acquired the property last year for $44.25 million, rebranding it as Habitat. The lease pre-empts a $20-million renovation the Newport Beach, CA-based CRE firm planned to transform the project into a contemporary work environment.
Karma, an American car company formerly known as Fisker Automotive, manufactures luxury hybrid plug-in vehicles. It will begin relocating from Costa Mesa later this year. The dynamic, amenity-rich campus will also be home to Karma’s Orange County Brand Experience Center.
CBRE’s Gregg Haly and Jeff Carr represented Bixby in the transaction, while Karma was represented by California Commercial Real Estate Services’ Kevin Leonard and George Okita.
For comments, questions or concerns, please contact Dennis Kaiser
Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services.
In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company.
In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix.
Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator.
Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements.
Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.
CRE courses for CE credits
Get CE course credits, centered around all things CRE. View our courses today!