- LOCATIONSimi Valley, California
- Building TypeINFILL/LAST-MILE
- SIZE221,715 SF
- Building STATUSStabilized
- INVESTMENT TYPEOpportunistic
This Xebec-developed asset is a 221,715 SF, multi-tenant, Infill/Last-Mile Class A building located in Simi Valley, CA, in the Ventura County market of Southern California less than 1 mile south of California State Route 118 and 7 miles east of California State Route 23. Royal was completed in 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 eCommerce and the dense urban population of the Los Angeles Metroplex.
Royal was sold to Xebec Logistics Trust in March of 2021.