Author Archives: Barry Zoeller

Kern County unveils new robust economic incentive program

TEJON RANCH CO. APPLAUDS ROBUST NEW KERN COUNTY ECONOMIC DEVELOPMENT INCENTIVE POLICY Newly approved policy will assist, grow, and diversify the county’s economic base, encourage employment opportunities, and create jobs for local residents   TEJON RANCH, CA – (November 8, 2017) – Tejon Ranch Co. (NYSE: TRC) today lauded the Kern County Board of Supervisors…

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Tejon Ranch Co. announces successful completion of $90 million rights offering

TEJON RANCH, California, October 30, 2017 – Tejon Ranch Co. (NYSE: TRC) announced today that, based on the preliminary results of its just concluded rights offering, it anticipates raising $90 million, the maximum gross proceeds possible.  The rights offering concluded on October 27, 2017 and was extremely well received and oversubscribed with demand for shares…

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Tejon Ranch Company Announces Commencement of Rights Offering to Stockholders

  TEJON RANCH, California, October 4, 2017 – Tejon Ranch Co. (NYSE-TRC) – Tejon Ranch Co. (“Tejon”) announced today that it has commenced the previously announced rights offering to raise gross proceeds of up to approximately $75 million.  Under the terms of the rights offering, Tejon has distributed, at no charge, to the holders of…

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Environmental Impact Report released for Centennial at Tejon Ranch

LA COUNTY RELEASES DRAFT ENVIRONMENTAL IMPACT REPORT  FOR CENTENNIAL AT TEJON RANCH Consistent with the Antelope Valley Area Plan, Centennial will create  30,000 permanent jobs and a $31.1 million surplus to LA County. Tejon Ranch, Calif. (May 17, 2017) – The County of Los Angeles has released the Draft Environmental Impact Report (DEIR) for Centennial at…

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2017 Explorer Membership Program Launched

JUST IN TIME FOR SPRING TEJON RANCH LAUNCHES 2017 EXPLORER MEMBERSHIP PROGRAM   Exclusive membership gives members access to more than 25,000 acres of breathtaking landscapes and extensive outdoor activities   TEJON RANCH, Calif. (March 20, 2017)– Tejon Ranch Co. (NYSE: TRC), a fully diversified integrated real estate company and agribusiness whose principal asset is…

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Kern County Approves Grapevine Master Planned Community

KERN COUNTY BOARD OF SUPERVISORS UNANIMOUSLY APPROVES GRAPEVINE AT TEJON RANCH Master planned community will include 12,000 residential units and 5.1 million square feet of commercial development Bakersfield, CA (December 6, 2016) – With today’s 5-0 vote, the Kern County Board of Supervisors unanimously approved the development of Grapevine at Tejon Ranch, a new master planned…

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TRC and Majestic Realty to develop spec industrial building

Tejon Ranch Co. and Majestic Realty Co. Finalize Development Agreement Joint venture to develop a 480,000-square-foot industrial building at the Tejon Ranch Commerce Center September 20, 2016 02:00 PM Eastern Daylight Time TEJON RANCH, Calif.–(BUSINESS WIRE)–Tejon Ranch Co. (NYSE: TRC) announced today that it has signed a joint venture agreement with Majestic Realty Co., the…

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Majestic Realty comes to Tejon Ranch Commerce Center

TEJON RANCH CO. AND MAJESTIC REALTY CO. PARTNER TO PURCHASE BUILDING Companies form a Limited Liability Company to purchase a 651,909-square-foot industrial building at Tejon Ranch Commerce Center (Tejon Ranch, CA) — Tejon Ranch Co. (NYSE: TRC) announced today that it has entered into an agreement with Majestic Realty Co., the nation’s largest privately-held industrial…

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AP: California’s Tejon Ranch to offer public access for $2,500 per family

GORMAN, Calif. (AP) — Tejon Ranch, California’s largest contiguous expanse of private land, is a hefty chunk of paradise. The 270,000-acre property about 60 miles north of Los Angeles contains oak-studded ridges and grasslands teeming with wildlife. “You can literally explore this for days,” Mike Campeau, director of hunting and equestrian operations at the Tejon…

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Explorer Membership – Your exclusive access to Tejon Ranch!

This is an opportunity that has never before been offered.  It’s like having your own keys to the gates of Tejon Ranch!  As a member, experience the ranch like never before with direct access to more than 25,000 acres of breathtaking landscapes. Enjoy activities like horseback riding, mountain biking, hiking, picnicking, wildlife viewing, horseback riding…

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Directors approve Tejon Mountain Village business plan

The Board of Directors of Tejon Ranch Co. (NYSE:TRC) has approved the detailed business plan that will guide the ultimate development and marketing of Tejon Mountain Village, the company’s upscale mountain residential/resort community that will be located in the westernmost high country of Tejon Ranch. The Board has also authorized the management team to move…

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