New Industrial Building Under Construction at the Tejon Ranch Commerce Center
TEJON RANCH, Calif., July 07, 2021 (GLOBE NEWSWIRE) -- Tejon Ranch Co. (NYSE: TRC) announced today it has commenced construction of an approximate 630,000-square-foot speculative industrial building at the Tejon Ranch Commerce Center (TRCC) with its joint venture partner Majestic Realty Co., the nations largest privately-held industrial developer.
- TEJON RANCH, Calif., July 07, 2021 (GLOBE NEWSWIRE) -- Tejon Ranch Co. (NYSE: TRC) announced today it has commenced construction of an approximate 630,000-square-foot speculative industrial building at the Tejon Ranch Commerce Center (TRCC) with its joint venture partner Majestic Realty Co., the nations largest privately-held industrial developer.
- At 629,274 square feet, the new building is the largest of the three, the other two being 480,480 and 579,040 square feet respectively.
- Tejon and Majestic also own a fully leased 651,909 industrial building on the west side of TRCC.
- The Tejon Ranch Commerce Center is located at the junction of Interstate 5 and Highway 99, approximately 40 minutes north of Santa Clarita.