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Bixby Land Promotes Hill to President

CEO Bill Halford Stays On Board
February 14, 2018
Newport Beach-based Bixby Land Co. has tapped Aaron Hill to be its new president.

Bill Halford, who has served as president and chief executive officer since 2006, will remain as CEO.

Hill most recently served as executive vice president and chief operating officer of the company. Hill has focused on portfolio management and the company’s day-to-day operations during his 11 years with the company.

Among his new duties will be helping carry out the company’s five-year strategic plan and expanding its investment management business.

"I am excited to fill a larger leadership role as we advance the Bixby Land Co. legacy through the growth initiatives we have planned," Hill said in a statement.

Hill "knows every aspect of our business and the nuances of our investment philosophy, and is deserving of this opportunity to extend his leadership to all areas of company operations," Halford said.

The company's investment portfolio, which includes industrial and office properties, is now more than $1 billion.

Bixby is a privately-held REIT that operates and owns more than 6 million square feet of property, including in California and Oregon.

Last year, the company sold the former Kawasaki USA headquarters, a 262,463-square-foot facility at 9950 Jeronimo Road in Irvine, to Karma Automotive, LLC, for $56.25 million.

Bixby also sold an adjacent 4.7-acre vacant parcel of land to Chapman University to expand its Irvine campus.
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