August 23, 2016 Comments Off on Bixby’s Habitat is Good for Karma Views: 454 California News, West

Bixby’s Habitat is Good for Karma

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.

Top Bixby Karma

Connect with CBRE’s Haly

Connect with Bixby Land Co.

For comments, questions or concerns, please contact Dennis Kaiser

Tags: , ,

Comments are closed.