Tejon Ranch Co. and Majestic Realty Co. Joint Venture Announces New Lease and Tenant at the Tejon Ranch Commerce Center (TRCC)

December 5, 2023

https://www.globenewswire.com/news-release/2023/12/04/2790485/0/en/Tejon-Ranch-Co-and-Majestic-Realty-Co-Joint-Venture-Announces-New-Lease-and-Tenant-at-the-Tejon-Ranch-Commerce-Center-TRCC.html

TEJON 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 distributed globally. In 2015, RectorSeal became part of CSW Industrials, Inc. (NASDAQ:CSWI), and it now plays a leading role in CSWI’s Contractor Solutions segment. With the move, RectorSeal will occupy 240,000 square feet in a 480,000-square-foot industrial facility the partnership opened in 2017.

Read more at globenewswire.com

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