BAKERSFIELD, Calif. – Today, the Kern County Board of Supervisors approved a $2.3 million incentive package for L’Oréal USA inc. The Board of Supervisors said that as part of Kern County’s effort to attract new business and grow existing businesses approved an economic incentive plan called Advance Kern in 2017 that offers companies a rebate on…
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FOR IMMEDIATE RELEASE L’Oréal USA to relocate professional salon distribution operation to TRCC, the logistics hub located at the gateway to Kern County–California’s fast-growing distribution region TEJON RANCH, Calif. (August 16, 2018) – Tejon Ranch Co. (NYSE: TRC) today announced that it has agreed to terms on a lease with L’Oréal USA, the largest…
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DOLLAR GENERAL TO EXPAND DISTRIBUTION OPERATIONS AT TEJON RANCH COMMERCE CENTER (TRCC) Dollar General leases additional space in new industrial building developed by Tejon Ranch Co. and Majestic Realty Co. TEJON RANCH, Calif. (March 26, 2018) – The partnership of Tejon Ranch Co. (NYSE: TRC) and Majestic Realty Co. today announced major discount…
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The Tejon Ranch Commerce Center (TRCC) is part of the featured article on California Industrial Real Estate in the March 2018 issue of Western Real Estate Business. In the article, Tejon Ranch Executive VP of Real Estate Joe Rentfro outlines the many reasons why TRCC is a proven value for companies looking to locate and/or expand in…
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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, 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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“This e-commerce growth and consumer demand for the quick delivery of goods have triggered a boom in the development of distribution centers near urban markets. In Kern County, the boom can be seen in the Tejon Ranch Commerce Center, at the foot of the Grapevine, and the Wonderful Industrial Park in Shafter. These are two…
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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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Tejon Ranch Co. (“Tejon”) announced today that it has set the terms for a rights offering approved by its Board of Directors. Under the terms of the rights offering, Tejon will distribute, at no charge, to the holders of its common stock as of 5:00 p.m., New York time, on October 4, 2017, one transferable…
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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…
Read moreJUST 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 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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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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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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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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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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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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