• Latest
  • Trending
Tejon

Tejon Ranch Co. and Majestic Realty Co. Joint Venture announce pre-lease of upcoming industrial building

January 6, 2023
Evonik
LGI Homes

LGI Homes Increases Footprint in the Raleigh-Durham Market

May 23, 2023
AMA Group

AMA Group joined Hendy Associates for the design of the first U.S. based Mercedes-Benz classic center

May 15, 2023
EagleView

EagleView Technologies appoints Piers Dormeyer to Chief Executive Officer

May 15, 2023
KBS

KBS Builders wins $2.2 million contract to manufacture classrooms for the South Burlington School District in Burlington, Vermont

May 12, 2023
Building Clean

Building Clean, Ecomedes partnership will help procurement professionals find healthier US-made building products

May 11, 2023
SC Johnson

Partnership empowers collection communities to stop coastal plastic and combat poverty

May 2, 2023
Heidelberg Materials

Heidelberg Materials announces first clinker at new cement plant in Mitchell, Indiana

April 26, 2023
Fisher House Foundation

New Fisher House dedicated at the Columbia Veterans Affairs Health Care System

April 24, 2023
High Wire

High Wire to present Overwatch Cybersecurity Platform at Kaseya Connect Global Conference in Las Vegas

April 24, 2023
Sysco

Sysco unveils first electric vehicle hub, advancing its industry leading climate change commitment

April 24, 2023
Plymouth

Plymouth Industrial REIT Development Projects earn Green Globes® certification for Core & Shell Construction

April 13, 2023
LGI

LGI Homes opens new section at popular community in Converse

April 13, 2023
Construct America Magazine
Thursday, May 29, 2025
Media Pack
Advertise
  • Development & Infrastructure
    • Commercial & Industrial
    • Residential
    • Government & Public Sector
    • Infrastructure & Energy
  • Planning & Design
    • Architecture
    • Masterplanning
    • Project Management
    • Restoration & Regeneration
  • Consulting Services
    • Environmental
    • Fire Safety & Prevention
    • Health & Safety
    • Security
  • Material & Resources
    • Building Products, Tools & Plant
    • Fixtures & Fittings
    • Procurement & Systems
    • PPE & Workwear
  • Business & Legal
    • Accreditations
    • Governing Bodies
    • Insurance
    • Legal
  • Recruitment & Training
    • Awards
    • Education & Apprenticeships
    • Employment
    • Management
No Result
View All Result
Construct America Magazine
No Result
View All Result

Tejon Ranch Co. and Majestic Realty Co. Joint Venture announce pre-lease of upcoming industrial building

by David Solomon
January 6, 2023
in Development & Infrastructure
RWES RWES RWES

Major apparel company to relocate and consolidate operations from Los Angeles area

The partnership of Tejon Ranch Co. (NYSE: TRC) and Majestic Realty Co. announced it has secured—in advance of construction– a full-building lease of the next industrial facility planned for its growing portfolio of industrial properties. The 446,000-square-foot industrial distribution facility will be occupied by Sunrise Brands, a leading designer, producer, distributor, and retailer of both branded and private-label apparel.

This newest transaction comes on the heels of the joint venture completing and leasing an adjacent 629,274-square foot distribution center at TRCC to a major retailer. Construction of the new building leased to Sunrise Brands is expected to begin in the first quarter of this year with completion anticipated in the first quarter of 2024. Until the new facility is ready, Sunrise will temporarily occupy 240,000-square feet of space in another building owned by a Tejon-Majestic joint venture partnership.

YOU MAY ALSO LIKE

LGI Homes Increases Footprint in the Raleigh-Durham Market

AMA Group joined Hendy Associates for the design of the first U.S. based Mercedes-Benz classic center

These two most-recent deals follow a series of transactions over the last 18 months at TRCC involving four building sites, comprised of more than 2.5 million square feet of industrial space currently under construction or planned for construction in 2023. TRCC continues to be 100% leased and 100% occupied.

“We are pleased to be able to accommodate the needs of Sunrise Brands, both for a new building and for temporary space while their building is being built,” said Derek C. Abbott, executive vice president of real estate at Tejon Ranch Co. “The pro-business approach of Kern County government, coupled with our substantial inventory of already entitled industrial space, gives us the ability to be flexible—and move quickly, as we’ve been able to do with Sunrise. All of this further enhances Tejon Ranch’s established reputation as a proven and opportune place for companies wanting to locate or expand in California.”

“We’re excited to deliver and continue to expand upon a very clear, shared vision with our partners at Tejon Ranch Co. with the addition of our fifth industrial building,” said Brett Tremaine, executive vice president at Majestic Realty Co. “The fact that it was leased prior to construction even beginning is evidence of the continued strength of the market, as well as the many advantages found with TRCC’s strategic location, building amenities and direct access to an outstanding labor pool.”

The new building to be occupied by Sunrise Brands will be a Class A, single load industrial building featuring a 36-foot clear height, seven-inch floor slab and an ESFR sprinkler system. Overall, the Tejon Ranch Commerce Center has nearly 12 million square feet of additional entitled space remaining available for lease, build-to-suit, or sale, with sites accommodating buildings ranging from 20,000 to more than 2 million square feet. The JLL team of Mike McCrary, Mac Hewett, Brent Weirick and Peter McWilliams served as listing brokers for the transaction. Mike Catalano and Joe Dimola of Savills, Inc. represented Sunrise Brands.

The Tejon Ranch Commerce Center is Tejon Ranch Co.’s 1,450-acre master planned commercial/industrial development located at the junction of Interstate 5 and Highway 99, about an hour north of the Los Angeles basin. TRCC is also home to multiple distribution centers for IKEA, Camping World, Caterpillar Inc., Dollar General, Famous Footwear, L’Oréal, and others.

All the industrial sites at TRCC are included in Foreign Trade Zone #276, and additionally, companies locating at TRCC are eligible to apply for tax rebate incentives being offered by Kern County.

Construct America Magazine | The Home of Construction Industry News

Got a story to share? email us at press@construct-america.com

Tags: apparelmajestic realtysunrise brandstejon ranch commerce building
ShareTweetShare

Search

No Result
View All Result

Recent News

LGI Homes

LGI Homes Increases Footprint in the Raleigh-Durham Market

May 23, 2023
AMA Group

AMA Group joined Hendy Associates for the design of the first U.S. based Mercedes-Benz classic center

May 15, 2023
EagleView

EagleView Technologies appoints Piers Dormeyer to Chief Executive Officer

May 15, 2023

Latest Issue…

Business-to-business trade journal covering major construction industry news within the United States of America, bringing you the most breaking and innovative news stories from coast to coast.

Recent News

  • LGI Homes Increases Footprint in the Raleigh-Durham Market
  • AMA Group joined Hendy Associates for the design of the first U.S. based Mercedes-Benz classic center
  • EagleView Technologies appoints Piers Dormeyer to Chief Executive Officer

Construct America Magazine

Zohar Media Corp.

433 Broadway, Suite 605, New York 10013

press@construct-america.com

editorial@construct-america.com

(+1) 929-506-4972

  • About
  • Media Pack
  • Privacy Policy
  • PublishingHub
  • Contact Us

© 2022 Construct America Magazine | The Home of Construction Industry News.

No Result
View All Result
  • Home
  • Development & Infrastructure
    • Commercial & Industrial
    • Residential
    • Government & Public Sector
    • Infrastructure & Energy
  • Planning & Design
    • Architecture
    • Masterplanning
    • Project Management
    • Restoration & Regeneration
  • Consulting Services
    • Environmental
    • Fire Safety & Prevention
    • Health & Safety
    • Security
  • Material & Resources
    • Building Products, Tools & Plant
    • Fixtures & Fittings
    • Procurement & Systems
    • PPE & Workwear
  • Business & Legal
    • Accreditations
    • Governing Bodies
    • Insurance
    • Legal
  • Recruitment & Training
    • Awards
    • Education & Apprenticeships
    • Employment
    • Management
  • Latest Issue
  • Media Pack
  • Contact

© 2022 Construct America Magazine | The Home of Construction Industry News.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “ACCEPT”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT