IRVINE, CA—Bixby Land Company hasextended the reach of its contemporary workplace developments withthe acquisition of a 262,463-square-foot corporate headquartersbuilding at 9950 Jeronimo Road in Irvine. Bixbypurchased the building for $44.25 million from KawasakiMotors Corporation, USA, which was represented in thetransaction by Gregg Haly ofCBRE.
Bixby plans an extensive $20 million redesignto meet the growing demand for modern work spaces in Orange County,especially from larger tenants.
This latest acquisition is Bixby's fourth in Orange County overthe past 18 months. The firm also recently purchased 15771 RedhillAvenue in nearby Tustin, Calif. That project is in development forone or two users in a 90,000-square-foot building.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
