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Stock impact report

Tejon Ranch Co. Announces Third Quarter 2024 Financial Results

Tejon Ranch Co (TRC) 
US:NYSE Investor Relations: ir.tejonranch.com
Company Research Source: GlobeNewswire
TEJON RANCH, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Tejon Ranch Co., or the Company, (NYSE:TRC), a diversified real estate development and agribusiness company, today announced financial results for the three and nine-months ended September 30, 2024. “In the third quarter of 2024, we continued the momentum in key areas of the company's real estate portfolio. The company continues to make progress toward the opening of our first multi-family apartment community, Terra Vista at Tejon, during the first half of 2025. The company also announced a new joint-venture with Dedeaux Properties to develop a 510,500 square foot building in Tejon Ranch Commerce Center. The Outlets at Tejon celebrated their 10th anniversary and currently is over 90% occupied.” said Gregory S. Bielli, President & CEO of Tejon Ranch Co. Commercial/Industrial Real Estate Highlights The Tejon Ranch Commerce Center, or TRCC, industrial portfolio, through the Company's joint venture partnerships, Show less Read more
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