Xebec Logistics Build-to-Core JV I, LLC is a newly organized pooled investment vehicle, or “JV,” formed to invest up to $55.0 million of equity capital in four separate identified projects for the development of approximately 1.2 million square feet of Class A logistics real estate assets. The JV is co-sponsored by Xebec and Whitman Peterson, a leading institutional real estate investment management company. The co-sponsors will invest alongside the JV in each of the four development projects.
Xebec, the lead sponsor of the JV, is an experienced, privately-held logistics real estate development and investment platform with over 34 years of development expertise. As a leading developer of logistics assets in Southern California, the largest logistics market in the country, Xebec has deployed over $450 million of equity capital in the successful completion of more than 50 development projects.