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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.

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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