|
|
12/11/23
|
RectorSeal LLC has agreed to a lease for 240k sf of space within a 480k sf industrial facility at Tejon Ranch Commerce Center (TRCC). RectorSeal, a manufacturer of quality HVAC/R and plumbing products distributed globally, became part of CSW Industrials Inc in 2015 and now plays a leading role in CSWI’s Contractor Solutions segment.
TRCC is Tejon Ranch Co.’s 1,450-acre, master planned commercial/industrial development located at the junction of I-5 and Hwy 99, about an hour north of the Los Angeles basin. TRCC is also home to 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 the County of Kern.
This newest lease follows a series of transactions over the last 24 months at TRCC involving four building sites, comprised of more than 2.5 msf of industrial space, where buildings are complete, nearing completion, or under construction. The lease with RectorSeal also represents another example of a company relocating distribution operations to TRCC from the Los Angeles area.
The JLL team of Mike McCrary, Mac Hewett, Brent Weirick and Peter McWilliams served as listing brokers on behalf of Tejon Ranch Co and Majestic Realty Co for the transaction. Walt Chenoweth and Sean Sullivan with Voit Real Estate Services represented RectorSeal. Terms of the lease were not disclosed.
|
|
 Return to the Archive page
|
|
|
|
|
Printer-friendly Version
Email an Associate
