- LOCATIONChatsworth, California
- Building TypeINFILL/LAST-MILE
- SIZE221,800 SF
- Building STATUSCompleted
- INVESTMENT TYPEValue-Added
Xebec redeveloped this project through a joint-venture with Xebec Logistics Trust, an affiliate of Xebec. The property was redeveloped into a 221,800 SF Infill/Last-Mile logistics facility located within the densely populated market of Greater Los Angeles. The site is located approximately two miles south of CA State Route 118 and one mile east of CA State Route 27, which connects the SR-118 to U.S. Route 101. Prairie was completed in 2020.
Infill/Last-Mile facilities are smaller fulfillment centers and warehouses located in dense urban areas that facilitate prompt-deliveries or provide short-term warehousing. Greater Los Angeles is one of the most highly sought-after markets in the country because its dense population, the high volume of imports through the Los Angeles/Long Beach Port Complex, and its numerous airports, interstate highways, and rail intermodals.
Prairie was acquired by a third-party in March 2021.