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Friday, Mar 29, 2024

Xebec to Build Two Warehouses in Sylmar

Xebec Realty will build more than 600,000 square feet of industrial buildings on 28 acres of land in Sylmar that the firm purchased last year for $92 million.

According to the Real Deal, the Dallas industrial real estate firm has filed plans to erect a pair of warehouses — 440,000 square feet and 164,000 square feet — on the property with a parking lot to accommodate 410 vehicles.

The new industrial buildings will replace an existing 220,000-square-foot warehouse at the address.

Xebec bought the property at 15825 Roxford St. from L3 Harris Technologies “for land value only,” according to January report by sister publication Los Angeles Business Journal.

It remains unclear what the usage will be for the new structures. 

Michael Aushenker
Michael Aushenker
A graduate of Cornell University, Michael covers commercial real estate for the San Fernando Valley Business Journal. Prior to the Business Journal, Michael covered the community and entertainment beats as a staff writer for various newspapers, including the Jewish Journal of Greater Los Angeles, The Palisadian-Post, The Argonaut and Acorn Newspapers. He has also freelanced for the Santa Barbara Independent, VC Reporter, Malibu Times and Los Feliz Ledger.

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