Tejon Ranch Co. (TRC) and Dedeaux Properties have broken ground on a 510,385‑square‑foot Class A industrial building at the Tejon Ranch Commerce Center (TRCC) in Lebec, Kern County. The new facility will feature a 36‑foot clear height, 100 dock‑high doors, and 185‑foot cross‑dock truck courts, and is slated for completion in early 2027.
The project expands TRC’s already fully leased industrial portfolio and reinforces its strategy to convert contiguous landholdings into high‑yield, income‑generating assets. The new hub will leverage direct access to Interstate 5 and proximity to the I‑15 and I‑40 corridors, positioning TRCC as a premier logistics destination in Southern California. The development also complements the recently launched Terra Vista multifamily complex, which opened in spring 2025 and adds residential value to the mixed‑use community.
In its Q4 2025 earnings, TRC reported an 8 % year‑over‑year increase in revenue and a 9 % rise in Adjusted EBITDA. Commercial and industrial segment revenue grew 20 % for fiscal 2025, reflecting strong demand for high‑quality logistics space. The company’s fully leased status and the addition of this new facility are expected to sustain the upward trajectory in revenue and earnings moving forward.
Matt Walker, President and CEO of Tejon Ranch Co., said, “We’re building into a market where industrial supply across Southern California is limited, and leasing demand has been accelerating. Our new facility is well timed to meet the market.” Derek Abbott, Executive Vice President of Real Estate, added, “Our new partnership with Dedeaux Properties reinforces our commitment to growing Tejon Ranch Company’s portfolio of Class‑A industrial assets at TRCC. 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 efficiencies can provide.”
The expansion is expected to strengthen TRC’s competitive position by adding capacity in a region with limited industrial space, while the partnership with Dedeaux Properties underscores the company’s ability to attract high‑caliber tenants such as IKEA, L’Oréal, and Dollar General. The project’s completion in early 2027 will further cement TRCC’s role as a logistics hub and support the company’s long‑term strategy of maximizing land value through high‑yield real‑estate assets.
The content on EveryTicker is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.