GLENOAKS

This Xebec development, currently under construction, will deliver a 94,900 square foot, single tenant, Infill/Last-Mile industrial building located in Pacoima, CA, in the densely populated East San Fernando Valley submarket of Los Angeles, CA, approximately 6 miles northwest of Hollywood Burbank Airport and 2 miles south of US Interstate-5. The Class-A building has been pre-leased to a single tenant and is expected to be delivered in the first quarter of 2019.

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 e-commerce and the dense urban population of the Los Angeles Metroplex.