RANDY KENDRICK

CHIEF EXECUTIVE OFFICER

Randy Kendrick, is the Founder of Xebec and has served as its Chief Executive Officer since its inception in 1996. As CEO of Xebec, Mr. Kendrick is responsible for the development, acquisition and capital markets strategies for the firm, and serves as Chairman of its Investment Committee. He also provides the strategic vision for Xebec as it continues to evolve as a market leader in the industrial real estate sector. The Xebec platform benefits from Mr. Kendrick’s 35+ year career in industrial real estate in the infill markets of Southern California, one of the most valuable and competitive industrial markets in the United States, and home to the country’s most active port, the Los Angeles/Long Beach port complex.

Mr. Kendrick attended the University of Southern California, where he received a Bachelor of Science degree in Business Administration, and successfully completed the Real Property Development and Management Program in 1986.

At Xebec we create success for our investors and capital partners not merely by doing things right, but by doing the right things.

RANDY KENDRICK