Articles from Tejon Ranch Co

TEJON RANCH, Calif., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Tejon Ranch Co., or the Company, (NYSETRC), a diversified real estate development and agribusiness company, today announced financial results for the three and nine-months ended September 30, 2024.

Election of Denise Gammon, Kenneth Yee, Jeff McCall and Eric Speron Continues Company’s Enhancement of the Board’s Expertise in Financial Analytics, Experience with Master Planned Developments and Advances Company’s Commitment to Diversity

TEJON RANCH, Calif., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Tejon Ranch Company (NYSETRC) announced today that it has signed a joint venture agreement with Dedeaux Properties to develop and lease an approximately 510,500-square-foot, state-of-the-art industrial warehouse at the Tejon Ranch Commerce Center (TRCC). Located at the intersection of Interstate 5 and Highway 99, TRCC is a mixed-use master planned community that operates as an important logistics hub serving all of California and the western United States, driving economic growth for Kern County.

TEJON RANCH, Calif., Sept. 24, 2024 (GLOBE NEWSWIRE) -- Tejon Ranch Co. (NYSETRC) announced today that Nicholas (Nick) T. Ortiz will join the company as Senior Vice President, Corporate Communications and Public Affairs. In his position Ortiz will oversee the company’s communications, brand image, government affairs key stakeholder engagement activities, and will coordinate with our investor relations team; all in service of the Company’s long-term, growth-oriented goals for the company shareholders. 

TEJON RANCH, Calif., May 07, 2024 (GLOBE NEWSWIRE) -- Tejon Ranch Co., or the Company, (NYSETRC), a diversified real estate development and agribusiness company, today announced financial results for the three-months ended March 31, 2024.

TEJON RANCH, Calif., March 20, 2024 (GLOBE NEWSWIRE) -- Tejon Ranch Co. (TRC-NYSE). Today, Mr. Gregory Bielli, President, and Chief Executive Officer (CEO) of Tejon Ranch Co., announced his intent to retire on December 31, 2024. Mr. Bielli has been President and CEO of Tejon Ranch Co. for over 10 years, since 2013. Mr. Bielli joined the company to create an integrated real estate company that now includes planning, entitlements, construction, sales and leasing of all classes of real estate assets and growing its non-real estate platform. Mr. Bielli has successfully accomplished these goals for the company during his tenure.

TEJON RANCH, Calif., March 06, 2024 (GLOBE NEWSWIRE) -- Tejon Ranch Co., or the Company, (NYSETRC), a diversified real estate development and agribusiness company, today announced financial results for the fourth quarter and year-ended December 31, 2023.

TEJON RANCH, Calif., Feb. 21, 2024 (GLOBE NEWSWIRE) -- Tejon Ranch Co. (TRC: NYSE) announced today the hiring of Chris Wilson as Vice President of Real Estate. Wilson will oversee the construction, lease-up and operations of the Terra Vista at Tejon apartment community. He brings over 23 years of experience in construction management and senior project management including the successful delivery of several quality multifamily projects in California. Wilson also brings strong experience in commercial, medical, and concrete tilt development projects as well.

The Tejon Ranch Commerce Center continues its rapid growth as construction begins on a new distribution facility for the world’s largest food and beverage company

TEJON RANCH, Calif., Jan. 09, 2024 (GLOBE NEWSWIRE) --  Tejon Ranch Co. (TRC: NYSE) announced today it is taking the next step in its evolution as a real estate development company by moving forward with the development of residential communities on the Ranch, providing much-needed new housing for the region. The Company will begin construction to start the new year on Terra Vista at Tejon, a new multi-family apartment community located immediately adjacent to the Outlets at Tejon in the Company’s Tejon Ranch Commerce Center (TRCC). Terra Vista at Tejon is the Company’s first residential development and will complete the well-rounded progression of the Company to a fully integrated real estate development organization. This development will also begin TRCC’s transition to a mixed-use master-planned community. TRCC already includes a large employment base of industrial and retail users totaling over 8.2 million square feet of existing development, under construction or near construction, with an additional 11.1 million square feet of entitled space to be developed in the future.

RectorSeal, a leading manufacturer and distributor of industrial components, relocates from the Los Angeles basin to join the growing list of companies moving distribution operations to TRCC

Agreement with AgWest Farm Credit provides $160 million in financing capacity

TEJON RANCH, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Tejon Ranch Co., or the Company, (NYSETRC), a diversified real estate development and agribusiness company, today announced financial results for the three- and nine-months ended September 30, 2023.

TEJON RANCH, Calif., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Tejon Ranch Co., or the Company, (NYSETRC), a diversified real estate development and agribusiness company, today announced financial results for the three- and six-months ended June 30, 2023.

TEJON RANCH, Calif., July 10, 2023 (GLOBE NEWSWIRE) -- Tejon Ranch Co. (NYSETRC) announced today the reappointment of Michael R.W. Houston as Senior Vice President, General Counsel and Corporate Secretary. Houston previously held those positions at the Company for almost five years beginning in 2016. He left Tejon Ranch in 2021 to join the Southern California Association of Governments, where he served as Chief Counsel and Director of Legal Services for the nation’s largest metropolitan planning agency. Prior to his initial tenure with Tejon Ranch, Houston served as City Attorney for the City of Anaheim. He has extensive experience in corporate governance, municipal/public agency law, real estate and economic development, land use and environmental issues. He will rejoin the Company on August 21, 2023.

TEJON RANCH, Calif., May 05, 2023 (GLOBE NEWSWIRE) -- Tejon Ranch Co. (NYSETRC) announced today the appointment of Brett A. Brown as Executive Vice President and Chief Financial Officer. Brown was most recently Executive Vice President, Chief Financial Officer, and Treasurer at Alexander & Baldwin, Inc. NYSE: ALEXNYSEALEX)

TEJON RANCH, Calif., May 04, 2023 (GLOBE NEWSWIRE) -- Tejon Ranch Co., or the Company, (NYSETRC), a diversified real estate development and agribusiness company, today announced financial results for the three-months ended March 31, 2023.

Nathan Keith returns to Tejon Ranch to oversee efforts to develop the much-needed mixed-use master planned community located in an area of NW Los Angeles County already zoned for residential and commercial construction

A Los Angeles County Superior Court directs Los Angeles County to correct a minor number of court-identified flaws in the original environmental impact report before issuing further permits and approvals to allow development of the Centennial at Tejon Ranch master planned community.

TEJON RANCH, Calif., March 08, 2023 (GLOBE NEWSWIRE) -- Tejon Ranch Co., or the Company, (NYSETRC), a diversified real estate development and agribusiness company, today announced financial results for the fourth quarter and year-ended December 31, 2022.

Major apparel company to relocate and consolidate operations from Los Angeles area

TEJON RANCH, Calif., Nov. 30, 2022 (GLOBE NEWSWIRE) -- Tejon Ranch Co. is pleased to announce the resolution of a legal dispute involving the Tejon Ranch Conservancy and the signatories to the 2008 Tejon Ranch Conservation and Land Use Agreement (Agreement), namely, Audubon California, Endangered Habitats League, Natural Resources Defense Council, Planning and Conservation League, and the Sierra Club. The dispute stemmed from the signatories’ participation in the Antelope Valley Regional Conservation Strategy (AVRCIS), which was subsequently used by the Center for Biological Diversity (CBD) and the California Native Plant Society (CNPS) to oppose Tejon Ranch Co.’s Centennial development.

TEJON RANCH, Calif., Nov. 10, 2022 (GLOBE NEWSWIRE) -- The partnership of Tejon Ranch Co. (NYSETRC) and Majestic Realty Co. today announced it has completed construction and secured a full-building lease of its 629,274-square-foot industrial distribution facility to an undisclosed major retailer at the Tejon Ranch Commerce Center (TRCC). This latest transaction follows a series of recent deals at TRCC involving four building sites, comprised of more than 2.5 million square feet of industrial development, that is currently under construction or planned for construction in 2023.

TEJON RANCH, Calif., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Tejon Ranch Co., or the Company, (NYSETRC), a diversified real estate development and agribusiness company, today announced financial results for the three- and nine-months ended September 30, 2022.