Bixby Land Company

What Bixby Land Company does

Bixby Land Company is a privately held, family-owned commercial real estate investment and operating company headquartered in Newport Beach, California, with a legacy dating to 1890. Operating through its core subsidiary Bixby Capital Management, the firm runs a vertically integrated platform spanning asset management, property management, leasing, design, and construction, and deploys capital via a private REIT, single-asset joint ventures, and programmatic ventures. It manages nearly $2 billion in assets under management across approximately 8 million square feet of industrial, office, and R&D properties in 16-18 major US markets, targeting Tier I and Tier II markets for industrial (50,000-350,000 square foot buildings) and West Coast value-add office/R&D repositioning.

The business model is fee- and yield-driven: asset management fees on ~$2B AUM, property management and leasing fees on the directly operated portfolio, and promote economics on JV/programmatic ventures. The targeted customer base is institutional and qualified private investors seeking diversified industrial and office exposure, alongside tenants of the underlying logistics, industrial, and office assets. GTM relies primarily on direct capital raising through family-office and institutional channels, supplemented by an ESG/D&I narrative (Bixby C.A.R.E.S., DEI committee), an Instagram and YouTube presence, and CFO/CEO thought leadership at events such as the ACG Orange County SoCal Capital Summit.

The leadership team is long-tenured: CEO Aaron Hill (since 2006), CFO Regina Schafnitz (since 2009; transitioned in March 2024 from co-tenure with Marty O'Hea), Managing Director, Investor Relations Mike Severson (since 2006), and COO Matt Ela. Ownership remains entirely within the founding family, with no disclosed external institutional investors, and a board chaired by David C. Kibbee with 33+ years of tenure. Recent strategic emphasis has been on geographic diversification (Texas and Southeast buildout led by Senior Director of Acquisitions Lexi Geiger), capital base transformation, and ESG capability-building under Director Lindsey Ensign Olson.

Name

Bixby Land Company

Legal name

BIXBY LAND COMPANY

Website

https://bixbyland.com

Company type

Private

Founded year

1890

Operating status

Operating

Headcount range

11–50 employees

Short description

Bixby Land Company is a privately held, family-owned commercial real estate firm operating through Bixby Capital Management as a REIT with nearly $2B in AUM. It invests in and manages an 8 million square foot industrial, office, and R&D portfolio across 16-18 major US markets for institutional and qualified private investors.

Ownership category

akta.pro rank

Product category

Commercial Real Estate Investment Management

NAICS

Nonresidential Property Managers (531312), Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Other Financial Vehicles (52599)

SIC

Real Estate Investment Trusts (6798), Operators Of Nonresidential Buildings (6512), Lessors Of Real Property, Nec (6519)

akta.pro primary industry

Commercial Real Estate Asset Management (BPAJAMAB)

Keywords

• Commercial real estate investment
• Industrial property management
• Office property investment
• Real estate investment trust
• Commercial property development

Headquarters

HQ city

Newport Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Distribution channels1 record

Marketing channels4 records

Core offering

Bixby Land Company, through its subsidiary Bixby Capital Management, operates a privately held REIT that acquires, redevelops and operates industrial, logistics, office and R&D commercial properties across 16 major U.S. markets. It manages capital for institutional and qualified investors via a private REIT, single-asset joint ventures and programmatic ventures, while delivering in-house asset management, property management, leasing, design and construction services across nearly $2 billion of assets under management.

Product overview

Bixby Capital Management operates as a privately held REIT with nearly $2B in AUM, offering a vertically integrated, full-service commercial real estate investment platform. The company provides four core offerings: a Private REIT as its primary investment vehicle, Industrial Properties investment strategy targeting 50,000-350,000 square foot buildings in Tier I & II markets, Office Properties strategy focused on value-add and opportunistic acquisitions in West Coast markets, and Capital Management services utilizing multiple investment vehicles including joint ventures and programmatic ventures. The platform encompasses in-house asset management, property management, leasing, design, and construction capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

• Private REIT Privately held Real Estate Investment Trust operated through Bixby Capital Management that manages nearly $2 billion in assets under management and serves institutional capital partners and qualified investors via a vertically integrated, full-service investment platform.
• Capital Management Capital deployment and management service offering institutional and qualified investors access to Bixby's commercial real estate strategies through multiple investment vehicles, including the private REIT, single-asset joint ventures and programmatic ventures.
• Industrial Properties Investment Strategy Investment strategy targeting core, core-plus, value-add and opportunistic investments in industrial and logistics buildings ranging from 50,000 to 350,000 square feet in Tier I and Tier II markets, focused on meeting essential tenant requirements.
• Office Properties Investment Strategy Investment strategy targeting the acquisition of value-add and opportunistic office and R&D properties in West Coast markets for strategic repositioning to achieve full investment potential.

Quantifiable outcome

• 8 million square feet of office, R&D and industrial properties developed or value-add repositioned
• +2 more outcomes

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators8 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Prologis: Largest global industrial REIT and dominant scale player in the same industrial submarkets Bixby targets. Sets the competitive benchmark for capital cost, deal flow, and tenant relationships that Bixby competes against in Tier I/II industrial.

Direct peers

• EastGroup Properties: Public industrial REIT focused on Class A industrial in Tier I & II Sun Belt markets, including Texas and the Southeast—two of Bixby's core geographies. Comparable tenant size profiles and value-add acquisition approach.
• Kilroy Realty Corporation: West Coast-focused public office and life science REIT operating primarily in Los Angeles, San Diego, San Francisco, and Seattle. Closely comparable to Bixby's West Coast office/R&D repositioning strategy and tenant mix.
• Cousins Properties: Sun Belt-focused public office REIT operating in high-growth Tier I markets including Dallas, Austin, Atlanta, and Charlotte—geographic overlap with Bixby's Texas and Southeast office/industrial expansion.
• Highwoods Properties: Public office REIT focused on best business districts in Sun Belt markets with a value-add acquisition and development model. Comparable to Bixby's opportunistic office repositioning and multi-market US footprint approach.
• Hudson Pacific Properties: West Coast-focused public office REIT with significant value-add repositioning activity in Los Angeles, San Francisco, and Seattle. Directly overlaps with Bixby's office strategy of value-add and opportunistic office repositioning on the West Coast.
• IDI Logistics: Privately held industrial owner-operator focused on last-mile and bulk distribution in Tier I US markets. Directly comparable to Bixby's industrial investment strategy targeting buildings 50,000-350,000 sq ft serving essential tenant requirements.
• Rexford Industrial Realty: Public industrial REIT focused on infill Southern California industrial properties. Highly comparable to Bixby's industrial strategy of acquiring value-add industrial in supply-constrained Tier I markets with similar building-size profiles.
• Terreno Realty Corporation: Public industrial REIT that acquires, owns, and operates industrial real estate in six major coastal US markets, including West Coast markets where Bixby's office strategy operates. Comparable acquisition discipline and tenant-focused investment approach.

Others

• Green Street Advisors: Independent real estate research and advisory firm whose former president (James P. Sullivan) sits on Bixby's board. Not a direct competitor but a key ecosystem participant providing REIT market intelligence that informs Bixby's investment strategy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/bixbycapitalmanagement

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bixby Land Company