Business is suddenly jumping at Tejon Ranch Commerce Center after years of being largely overlooked in a most conspicuous location. A variety of recent transactions has accelerated development — and boosted revenue — at one of Kern's most prominent publicly traded companies.
TRCC has logged seven major deals totaling almost 1.3 million square feet in building leases and, separately, more than 150 acres in sales, all in the past year and a half.
This pace of dealmaking, previously unseen at TRCC, has made industrial development a leading revenue generator at Tejon Ranch Co., the Lebec-based agribusiness and diversified real estate developer that owns California's largest contiguous piece of private property.
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A crane is visible through openings in concrete walls at a warehouse construction site that is the latest industrial development at the Tejon Ranch Commerce Center.
The loading dock of a 629,000-square-foot distribution center that was completed in October is visible among the rolling hills along Interstate 5 south of Bakersfield.Â
A recently completed warehouse at the Tejon Ranch Commerce Center is located in line with two other occupied distribution centers, built as the result of strong demand for industrial space in the area.
The concrete walls of a warehouse being erected along Interstate 5 at the Tejon Ranch Commerce Center is framed against the rolling foothills on an overcast day. Development at the center has accelerated sharply in the last 18 months.
A construction team adds finishing touches to a nearly completed prefabricated housing manufacturing plant in the Tejon Ranch Commerce Center south of Bakersfield.
Construction workers use lifts to work on the awning of a nearly completed prefabricated housing manufacturing plant off North Wheeler Ridge Road at the Tejon Ranch Commerce Center.
A construction team adds finishing touches to a nearly completed prefabricated housing manufacturing plant near the Outlets at Tejon along Interstate 5.
A crane is visible through openings in concrete walls at a warehouse construction site that is the latest industrial development at the Tejon Ranch Commerce Center.
Eliza Green / The Californian
The loading dock of a 629,000-square-foot distribution center that was completed in October is visible among the rolling hills along Interstate 5 south of Bakersfield.Â
Eliza Green / The Californian
A recently completed warehouse at the Tejon Ranch Commerce Center is located in line with two other occupied distribution centers, built as the result of strong demand for industrial space in the area.
Eliza Green / The Californian
Work proceeds Wednesday afternoon at one of Tejon Ranch's latest warehouse projects south of Bakersfield.
Eliza Green / The Californian
A warehouse space under construction at the Tejon Ranch Commerce Center is visible behind passing cars on Interstate 5 near the Laval Road exit.
Eliza Green / The Californian
A tractor loader passes along the concrete walls of a warehouse under construction along Interstate 5 at the Tejon Ranch Commerce Center.
Eliza Green / The Californian
The concrete walls of a warehouse being erected along Interstate 5 at the Tejon Ranch Commerce Center is framed against the rolling foothills on an overcast day. Development at the center has accelerated sharply in the last 18 months.
Eliza Green / The Californian
Rows of anchors are used for tilt-up construction at the latest industrial project at the Tejon Ranch Commerce Center.
Eliza Green / The Californian
A construction team adds finishing touches to a nearly completed prefabricated housing manufacturing plant in the Tejon Ranch Commerce Center south of Bakersfield.
Eliza Green / The Californian
Construction workers use lifts to work on the awning of a nearly completed prefabricated housing manufacturing plant off North Wheeler Ridge Road at the Tejon Ranch Commerce Center.
Eliza Green / The Californian
A construction team adds finishing touches to a nearly completed prefabricated housing manufacturing plant near the Outlets at Tejon along Interstate 5.