Tejon Ranch Company

Tejon Ranch Company

Real Estate

Tejon Ranch, CA 2,988 followers

A fully-diversified, integrated real estate company and agribusiness.

About us

Tejon Ranch Company (NYSE: TRC) is a growth-oriented, fully integrated real estate development and agribusiness company whose principal asset is California’s historic Tejon Ranch. Located about 60 miles north of Los Angeles and 30 miles south of Bakersfield, the 270,000-acre Tejon Ranch is the largest single expanse of private property in all of California. Tejon Ranch Company’s strategic vision is to drive long-term shareholder value by monetizing tens of thousands of acres of raw California land through real estate development.

Website
http://www.tejonranch.com
Industry
Real Estate
Company size
51-200 employees
Headquarters
Tejon Ranch, CA
Type
Public Company
Founded
1843

Locations

Employees at Tejon Ranch Company

Updates

  • We are proud that the Tejon Ranch Commerce Center is the California Business Properties Association's 2024 Project of the Year. We are honored to be awarded alongside many other hardworking and talented honorees and are looking forward to celebrating this project and many others that are positively impacting communities in California next month.

  • We’re proud to share that Tejon Ranch Company has partnered with Dedeaux Properties to develop a state-of-the-art, 510,500-square-foot industrial warehouse at The Tejon Ranch Commerce Center (TRCC). This new facility further solidifies TRCC’s reputation as a critical logistics hub, strategically located at the crossroads of I-5 and Highway 99, with the capability to serve 90% of California consumers within a single day’s truck turn. The project reflects our commitment to growing Tejon’s portfolio of Class-A industrial assets, particularly at a time when we are seeing 100% occupancy across TRCC’s existing industrial space. This project not only drives economic growth for Kern County but also aligns with our long-term vision of sustainable development. It’s an exciting time for Tejon Ranch, and we look forward to continued progress in the months ahead. Read more here: bit.ly/4gZk2GH

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  • Tejon Ranch Co. is thrilled to welcome Nicholas Ortiz as Senior Vice President of Corporate Communications and Public Affairs. Nick brings extensive experience, having previously served as Vice President of Small Business Advocacy at the California Chamber of Commerce and nearly eight years as President & CEO of the Greater Bakersfield Chamber. In his new role, Nick will oversee communications, brand management, government relations, and stakeholder engagement, playing a vital part in Tejon Ranch Co.’s long-term growth strategy. His expertise in natural resources policy and grassroots engagement will be crucial as the company continues to develop its master-planned communities and drive economic growth in Southern California. We are confident that Nick’s leadership will enhance our commitment to responsible development and increase shareholder value.   For the full press release, visit https://lnkd.in/g5sksex3

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  • Across the 270,000 acres that comprise Tejon Ranch, we are working to build a better future for Californians. From proven logistics and distribution to residential developments that alleviate much-needed housing in our state to environmental stewardship efforts that put sustainability at the heart of all we do, we are proud of the work we are doing here. To see more of what we're up to, you can watch this latest video that shows everything happening here on the ranch. 

  • For the past 10 years, the Outlets at Tejon has been where our community shops for life’s moments big and small. It’s also been where careers have started and grown, jobs have been created, and bright futures have been built. We are proud of the work done to build up our community and contribute to continued economic growth in our region. Thank you to our stores, our team members, and you, our amazing shoppers for a decade of fun!

  • "In the second quarter 2024, we continued our strategic efforts to unlock the value of our entitled land assets and grow our diversified cash flow streams for the Company. Terra Vista at Tejon, our first multi-family apartment community located in our Tejon Ranch Commerce Center, has seen significant progress with its development timeline and is expected to have leasable units available in the second quarter of 2025. Ultimately, Terra Vista at Tejon will include up to 495 units, highlighting our commitment to fostering economic growth in our retail and industrial assets, while we address the existing housing needs of the employment base in the region and Tejon Ranch Commerce Center. This is for the current workforce of approximately 5,000 employees and future growth yet to come in the near future. Additionally, we are proud to recognize the 10-year anniversary of the Outlets at Tejon Ranch, with an occupancy rate of 90% at June 30, 2024.” - Gregory Bielli, President and CEO of Tejon Ranch Company Follow this link to read our second quarter earnings report:  https://bit.ly/3SAlm8s

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  • On Wednesday, August 7th, in celebration of the 10th anniversary of the Outlets at Tejon, 10 teachers will be selected by random drawing from the list of nominees and will each receive a $500 Visa gift card from Tejon Ranch to use for stocking their classrooms for the upcoming school year. Nominate a teacher in the Outlets at Tejon Guest Services office or on social media. ⁠ Here are all the details you need to enter: 👇️ Students and parents of all ages are encouraged to nominate a teacher who they wish to support in the Tejon Treats the Teachers Sweepstakes. Nominations are limited to one teacher per person during the promotional period. Nominations can be submitted in person at the Outlets at Tejon’s Guest Services, or by commenting on a post from Tejon Ranch or Outlets at Tejon’s social media accounts regarding “Tejon Treats the Teachers”. Mail in entry forms will also be accepted and are available along with complete rules and details at: https://bit.ly/4d4bifC. The Sweepstakes is open to teachers who’ve been assigned a classroom for the upcoming 2024/2025 school year and will be teaching in Kern or Los Angeles Counties. Posters of the picturesque land of Tejon Ranch will also be available to participants. Everyone who nominates a teacher for the Sweepstakes is encouraged to pick up a poster from the Guest Services office at the Outlets at Tejon between 10am and 5pm daily during the promotional period. The students will then be able to present the posters to their teachers for hanging in the classroom.

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Affiliated pages

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Funding

Tejon Ranch Company 1 total round

Last Round

Post IPO debt

US$ 160.0M

See more info on crunchbase