Xebec Appoints Adeel Khan as Chief Financial Officer

news October 18, 2023

Xebec, a leading real estate company, is pleased to announce the appointment of Adeel Khan as its new Chief Financial Officer (CFO), effective September 1, 2023.

As CFO, Mr. Khan will be responsible for overseeing non-real estate corporate and real estate accounting functions, including corporate finance, financial reporting, treasury, and regulatory compliance. Additionally, he will lead corporate strategic initiatives and planning, corporate-level equity, and debt transactions, and will play a vital role in overseeing the structuring and execution of corporate transactions across Xebec.

With more than 25 years of experience in commercial real estate and various industries, Mr. Khan brings a wealth of knowledge and expertise to his new role. He is widely recognized for his accomplishments in commercial real estate, initial public offerings, mergers and acquisitions, financial and operational strategies, acquisitions, dispositions and development, capital and debt markets, enterprise risk management, and leadership development.

Prior to joining Xebec, Mr. Khan served as the Executive Vice President, Chief Financial Officer, and Corporate Secretary at PS Business Parks, Inc. During his tenure, he played a key role in the company’s successful $7.6 billion merger with Blackstone. Additionally, he served as the Chief Financial Officer at Rexford Industrial Realty Inc., where he led the company’s IPO in 2013, and contributed to its outstanding performance as one of the best-performing industrial REITs in the largest US market. Mr. Khan has also held crucial roles at MPG Office Trust Inc., further enhancing his vast experience in the real estate industry.

“We are delighted to welcome Adeel Khan to our executive team as the new Chief Financial Officer,” said Jay Soni, President of Xebec. “Adeel’s extensive commercial real estate experience, leadership skills, and financial expertise make him an ideal fit for this critical role. We believe his contributions will be instrumental in driving our strategic growth and financial success.”

Mr. Khan holds a Bachelor of Arts Degree in Accounting and a minor in Mathematics from California State University Fullerton and was licensed in California as a Certified Public Accountant (currently inactive). Mr. Khan brings valuable board governance experience and is qualified to serve as a financial expert on audit committees.

Xebec is confident that the appointment of Mr. Khan as CFO will further strengthen its market position and contribute significantly to the company’s continued success. Please join us in welcoming Mr. Khan to the Xebec team.

Since inception, Xebec has acquired and developed, redeveloped or repositioned industrial and logistics real estate projects totaling nearly 12.2 million square feet, and currently has 43 projects totaling approximately 15.4 million square feet in various stages of development. Xebec is modernizing our nation’s supply chain with properties ready for today’s tenants, anchored by a growing list of institutional capital relationships. xebecrealty.com

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