Real estate development and agribusiness company owning and operating land, commercial and industrial real estate.
Tejon Ranch Co., along with its subsidiaries, functions as a multifaceted entity involved in real estate development and agribusiness. Structured into five key segments, the company covers a broad spectrum of activities essential to its operations. The Commercial/Industrial Real Estate Development segment undertakes the planning, construction, and sale of infrastructure and buildings, catering to a diverse clientele. It also manages leases for various commercial ventures, including service stations, eateries, and telecommunications facilities.
The Resort/Residential Real Estate Development arm focuses on land entitlement, planning, and sustainable development practices. It oversees projects aimed at creating residential and recreational spaces while ensuring environmental stewardship. In the Mineral Resources segment, the company derives revenue from royalties related to oil and gas, aggregates, and cement production. Additionally, it manages valuable water assets and infrastructure projects critical to its operations.
In the Farming segment, Tejon Ranch Co. cultivates permanent crops such as wine grapes, almonds, and pistachios across significant acreage. It also engages in the farming of alfalfa, forage mix, and vegetables, reinforcing its commitment to agricultural diversity and sustainability. The Ranch Operations segment complements these activities by offering land services, grazing leases, and guided hunting experiences, enriching its role in regional land management.
Founded in 1843 and headquartered in Lebec, California, Tejon Ranch Co. exemplifies a longstanding commitment to responsible land use and community development. Through its diversified portfolio and strategic initiatives, the company continues to play a pivotal role in shaping the landscape of California's real estate and agricultural sectors.