GLENOAKS

This Xebec-developed 94,900 SF, single-tenant, Infill/Last-Mile industrial building is located in Pacoima, CA, in the densely populated East San Fernando Valley submarket of Los Angeles, CA. The project is located approximately 6 miles northwest of Hollywood Burbank Airport and 2 miles south of Interstate 5. Completed in 2018, Glenoaks is fully leased to Quixote Studios, LLC, a premier studio and equipment rental company.

Infill/Last-Mile facilities are smaller fulfillment centers and warehouses located in dense urban areas that facilitate prompt-deliveries or provide short-term warehousing. There is significant demand in Los Angeles for these facilities because of the rapid growth of eCommerce and the dense urban population of the Los Angeles Metroplex.

Glenoaks was sold to Xebec Logistics Trust in March of 2019.