TEJON RANCH, Calif., Feb. 10, 2022 (GLOBE NEWSWIRE) -- Tejon Ranch Co. (NYSE: TRC) announced today it has closed on the sale of approximately 12.2 acres of land on the west side of the Tejon Ranch Commerce Center (TRCC) to Dedeaux Properties, a privately held logistics real estate firm and one of the oldest such firms in Southern California. Its history dates back more than 80 years to founder Rod Dedeaux, the legendary college baseball coach at the University of Southern California. Dedeaux's industrial portfolio is composed of both family-owned assets and institutional partnerships, and the firm currently manages over 8 million square feet of assets – and is currently executing on a pipeline of over 2 million square feet of development and acquisition activities.
Read more at globenewswire.comIndustrial Properties in the Original Section of Tejon Ranch Commerce Center West of Interstate 5 Completely Sold Out As Development Now Centers on Area East of I-5
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