Tejon Ranch Co. is a diversified real estate development and agribusiness company. Its business is organized into six segments: Real Estate - Commercial/Industrial. Its portfolio also includes Multifamily, Real Estate - Resort/Residential, Mineral Resources, Farming, and Ranch Operations. The Real Estate - Commercial/Industrial segment engages in the planning and permitting of land for development.
Its portfolio also includes construction of infrastructure and building, pre-leased buildings, and buildings to be leased or sold, sale of land to third parties for their own development, and activities related to communications leases, a power plant lease, and landscape maintenance.
This segment also leases land to various auto service stations with convenience stores, fast-food operations, a motel, an antique shop, and a post office. Its portfolio also includes various microwave repeater locations, radio and cellular transmitter sites, and fiber optic cable routes, and package of land for an electric power plant.
The Multifamily segment engages in development, leasing, and long-term ownership of residential rental communities. The Real Estate - Resort/Residential segment engages in land entitlement, planning, pre-construction engineering, stewardship, and conservation activities.
The Mineral Resources segment includes oil and gas royalties, rock and aggregate royalties, and royalties from a cement operation leased to National Cement Company of California, Inc. The management of water assets and infrastructure projects. The Farming segment farms, produces, and sells wine grapes, almonds, pistachios, hay, and olives.
The Ranch Operations segment includes grazing lease and game management, and land maintenance activities, as well as ancillary land uses comprising filming; and guided game hunts. Founded in 1843, Tejon Ranch Co. is based in Lebec, California.