Tejon Ranch Co. and Rockefeller Group Development Corp. are starting the development of a 606,000-sq.-ft. warehouse building at Tejon Industrial Complex (TIC), the 1,450-acre master planned commercial development that anchors California's central trade corridor.
Tejon Ranch and Rockefeller Group's joint venture partnership includes securing a Foreign Trade Zone (FTZ) designation at TIC as an expansion of Port of Los Angeles FTZ #202. Its goal is to develop the property within the FTZ for warehouse and distribution uses.
“Tejon Industrial Complex is in a strategic position to fulfill the location needs of warehouse and industrial space users best served by efficient outbound logistics on the West Coast,” said Tom McCormick, SIOR, Rockefeller Group's senior vp of development. “Our studies of imported goods and commodities moving into the U.S. markets through the ports of Los Angeles and Long Beach indicate that TIC is uniquely positioned to support the flow of such materials as they move into the marketplace. A TIC location also offers efficient access to the Port of Oakland, providing a link to all of California's major ports from one location.”
The warehouse facility will be built adjacent to IKEA's western regional distribution facility. It will be available for lease. According to Tejon Ranch, it will serve as a central staging location prior to statewide or western regional distributions for companies moving goods from California’s ports.
TIC is located at the junction of I-5 and Highway 99, at the southern end of California's Central Valley. It is approximately 60 minutes north of Los Angeles and four hours south of Oakland, the company said.
The industrial/commercial complex is already home to 2.5 million sq.-ft. of existing warehouse facilities, including IKEA's Western North American Distribution Center and Oneida Ltd's West Coast Distribution Center.
