California CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Karma Auto Embraces Bixby’s Amenity-Rich Workspace
Newport Beach, CA-based Bixby Land Company sold the former Kawasaki USA HQ building in Irvine, CA to Karma Automotive for $56.3 million. The luxury hybrid plug-in vehicle manufacturer previously leased the 262,463-square-foot space in August 2016.
Bixby initially acquired the project, located at 9950 Jeronimo Rd., with plans for a major repositioning into a dynamic workplace called Habitat that would appeal to larger companies.
Bixby’s Bill Halford says, “Our proposed redesign for Habitat revealed the extent to which a significant repositioning could transform the project into a unique and amenity-rich work environment.”
Karma is underway with its own designs for the new HQ location, including a Branded Experience Center for its new Revero luxury sedan and employee amenities.
CBRE’s Gregg Haly and Jeff Carr represented Bixby, while Karma Automotive was represented by HeathWest Realty’s Kevin Leonard.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition

Subscribe to Connect Daily California 
