Tejon Ranch : Investor Presentation – September 202
September 19, 2023 at 09:13 pm IST
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FROM VISION TO EXECUTION
UNLOCKING VALUE
September 2023
Tejon Ranch Co. at a Glance
Diversified real estate development and agribusiness company
Owns 270,000 acres of contiguous land in prime Southern California market (along heavily trafficked north/south corridor)
Commercial/industrial/multi-familyreal estate development currently in execution phase
Large-scale,long-term master planned real estate development to address substantial housing shortage
Current recurring revenue and cash generation to fund development activities:
Mineral resources (water, oil/gas, cement, rock aggregate)
Farming
Ranch operations
Responsible steward of land and natural resources
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Investment in a California Legacy
Assets, strategy and team to drive meaningful long-term shareholder value
Track record of success
Execution stage in commercial/industrial/multi-family real estate development
Secured all necessary entitlements in high barrier-to-entry market, paving way for future master planned community development
Unlocking asset value to drive ongoing profitable growth
Uniquely positioned to significantly monetize tens of thousands of acres of raw land in prime Southern California market - located just 30 minutes north of Santa Clarita Valley in NW LA County
Ownership of largest contiguous piece of private land in California, strategically located in path of growth evidenced by recent commencement of new home sales in Valencia development just to the south
Clear strategic vision to create significant value as a fully integrated real estate development company
Strong foundation supported by diversified operations producing recurring revenue
Committed, experienced executive team to drive shareholder value
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Clear Strategic Vision
Positioned to deliver significant value as a fully integrated real estate development company
35+ million sf commercial
~ 35,000 houses
Tejon Ranch Commerce Center
Mountain Village
CentennialGrapevine
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Monetizing our Assets
Strategy: Hold assets to drive recurring revenue and cash flow to fund development activities
Tejon Ranch Commerce Center
11.1 mm sq. ft. of monetizable industrial space remaining (8.2 mm sq. ft. already absorbed)
282k sq. ft. of monetizable commercial/retail space remaining (674k sq. ft. already absorbed)
Up to 495 multi-family units
Developed alone or with culturally aligned JV partners
Execution Stage Assets
Mineral Resources
Water, oil/gas, cement, rock aggregate
Farming
Pistachios - 932 total acres
Almonds - 2,235 total acres
Wine grapes - 1,036 total acres
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Disclaimer
Tejon Ranch Co. published this content on 19 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 September 2023 15:42:03 UTC.
Tejon Ranch Co. is a diversified real estate development and agribusiness company. The Companyâs segments include real estate commercial/industrial, which is engaged in planning and permitting of land held for development, construction of infrastructure, the construction of pre-leased buildings, the construction of buildings to be leased or sold, and the sale of land to third parties for their own development; resort/residential real estate development segment activities, which include land entitlement, land planning and pre-construction engineering and conservation activities; mineral resources segment includes oil and gas royalties, rock and aggregate royalties, royalties from a cement operation leased, and the management of water assets and water infrastructure; farming operations segment farm permanent crops, including the wine grapes, almonds and pistachios, and ranch operations segment consists of game management and ancillary land uses, such as grazing leases and filming.