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Stock impact report

Tejon Ranch Company and Dedeaux Properties Announce Joint Venture to Develop Industrial Warehouse at the Tejon Ranch Commerce Center [Yahoo! Finance]

Tejon Ranch Co (TRC) 
US:NYSE Investor Relations: ir.tejonranch.com
Company Research Source: Yahoo! Finance
As the master developer of TRCC, Tejon has realized 8.2 million square feet in industrial development with an additional 11.1 million square feet of entitled property remaining. TRCC also has 674,000 square feet of existing commercial development, including the Outlets at Tejon that just celebrated its 10 th anniversary with over 90% occupancy. Tejon Ranch Company's first residential offering, the 228-unit first phase of Terra Vista at Tejon, an apartment home community that will feature up to 495 units, will open in Spring 2025. “Our new partnership with Dedeaux Properties reinforces our commitment to growing Tejon Ranch Company's portfolio of Class-A industrial assets at TRCC,” stated Derek C. Abbott, Executive Vice President of Real Estate at Tejon Ranch Company. “We currently enjoy 100% occupancy of industrial space at TRCC, and this project brings new supply to serve tenants actively seeking the advantages that our strategic location, strong labor pool and operational efficien Show less Read more
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