Bill Halford Halford: “When you get to a point in the cycle where users are jumping in and buying deals you had otherwise redeveloped, it’s a sign you’re getting later in the cycle.”

IRVINE, CA—Habitat, the former 262,000-square-foot Kawasaki USA headquarters here that Bixby Land Co. had planned to redevelop into a “pinnacle” creative-office campus, will now be built to the specs of the new automotive tenant, Bixby’s president and CEO Bill Halford tells GlobeSt.com. The property, located at 9950 Jeronimo, has been leased long term entirely to Karma Automotive, an American car company that manufactures luxury hybrid plug-in vehicles.