Xebec Starts Working on Vernon Development

Xebec began work on a $17-million, 240,000-square-foot industrial project at the former Ingersoll-Dresser property on Bickett Street in Vernon and Huntington Park.

The development, due to be finished in early 2002, will consist of three buildings that will be offered for sale, said Scott Heaton of Colliers Seeley International, which is marketing the project on behalf of Xebec. Vernon and other central Los Angeles markets face a shortage of modern industrial buildings because of a lack of available land for new construction, Heaton said.

The Bickett Street development will be the 11th industrial project that Commerce-based Xebec has completed in central Los Angeles, said John Lehr, president of Xebec.