Tejon Ranch Co (TRC) News
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Latest TRC News From Around the Web
Below are the latest news stories about TEJON RANCH CO that investors may wish to consider to help them evaluate TRC as an investment opportunity.
Tejon Ranch Co. and Majestic Realty Co. Joint Venture Announces New Lease and Tenant at the Tejon Ranch Commerce Center (TRCC)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 TRCCTEJON RANCH, Calif., Dec. 04, 2023 (GLOBE NEWSWIRE) -- The partnership of Tejon Ranch Co. (NYSE: TRC) and Majestic Realty Co. today announced it has secured a lease, several months in advance of occupancy, with RectorSeal, LLC. RectorSeal is a leading manufacturer of quality HVAC/R and plumbing products distr |
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Tejon Ranch Co. Lands $160M FinancingTejon Ranch Company announced Monday it closed a $160 million unsecured revolving credit facility with AgWest Farm Credit. The real estate development and agribusiness company will use the financing to pay off a term loan, as well as replace its existing $45 million line of credit with Bank of America (BAC). “In securing this $160 million credit facility with AgWest, a financing source available to us thanks to the company’s agricultural heritage and continued ranching and farming operations, we have established an important foundation for future growth,” Gregory S. Bielli, president and CEO of Tejon Ranch Company, said in a statement. |
Tejon Ranch Co. Secures Significant New Unsecured Revolving Credit FacilityAgreement with AgWest Farm Credit provides $160 million in financing capacityTEJON RANCH, Calif., Nov. 20, 2023 (GLOBE NEWSWIRE) -- Tejon Ranch Co. (NYSE: TRC) announced today it has closed on a new $160 million unsecured revolving credit facility with AgWest Farm Credit. Initially, the Company will use the new financing source to pay off a term loan, as well as replace its existing $45 million secured revolving line of credit, with Bank of America. The new credit facility will be available to f |
TRC: Low LA Region Industrial Vacancies, Rising Lease Rates Expected Catalysts for Continued Strong Demand at TRCCBy M. Marin NYSE:TRC READ THE FULL TRC RESEARCH REPORT Need For Regional Warehouse/ Industrial Space Appears to be Growing … making TRCC likely an important distribution point for north / south bound commercial traffic… As Tejon Ranch Company (NYSE:TRC) moves forward on its development plans, the company concurrently continues to generate revenue from the income producing units in its operations. |
Tejon Ranch (NYSE:TRC) shareholders have endured a 13% loss from investing in the stock five years agoFor many, the main point of investing is to generate higher returns than the overall market. But in any portfolio... |
Tejon Ranch Co. Announces Third Quarter 2023 Financial ResultsTEJON RANCH, Calif., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Tejon Ranch Co., or the Company, (NYSE:TRC), a diversified real estate development and agribusiness company, today announced financial results for the three- and nine-months ended September 30, 2023. "The momentum we've built over the last several years at the Tejon Ranch Commerce Center (TRCC) continues, as the Company is experiencing increased activity," said Gregory S. Bielli, President and CEO of Tejon Ranch Co. "A Los Angeles-based comp |
Tejon Ranch Co.'s (NYSE:TRC) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?Tejon Ranch (NYSE:TRC) has had a rough month with its share price down 8.5%. But if you pay close attention, you might... |
TRC: California’s Legislative Initiatives Might Provide Positive TailwindBy M. Marin NYSE:TRC READ THE FULL TRC RESEARCH REPORT State legislative initiatives… As Tejon Ranch Company (NYSE:TRC) advances its real estate development strategy, California legislative initiatives might provide a positive tailwind, in our view. California Assembly Bill (AB) 1449 aims to exempt certain affordable apartment developments from review by the California Environmental Quality Act |
Here's Why We Think Tejon Ranch (NYSE:TRC) Might Deserve Your Attention TodayInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks... |