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TheStreet Open House

The Outlets At Tejon Open With More Than 70 Premier Retailers

Stocks in this article: TRC

Tejon Ranch Company (NYSE: TRC) and The Rockefeller Group today celebrated the Grand Opening of the Outlets at Tejon, an upscale 320,000-square-foot outdoor shopping center with more than 70 retailers on 43 acres.

The new center is located on Interstate 5, one of California’s most traveled highways, between Los Angeles and Bakersfield. Demand from major domestic and international retailers brought the new outlets to full occupancy prior to opening, with a high-profile tenant roster that includes the only Pottery Barn outlet store in California, as well as apparel and accessories retailers Michael Kors, H&M, Coach, Banana Republic, J. Crew, Nike and dozens of others. A full list may be viewed at http://tejonoutlets.com/finder.php.

The Grand Opening celebration comes one day after the sold-out VIP Preview Party, which brought thousands of shoppers and guests to the center for an evening of advance shopping, discounts, food and live entertainment. Nearly $100,000 was raised for seven local charities which sold tickets to the event, including the American Red Cross, Boys and Girls Clubs of Kern County, Boys and Girls Club of Santa Clarita, CASA, Junior League, Links for Life and The Painted Turtle. The event was also eco-friendly, thanks to Price Disposal, which donated service ware made from all-natural, compostable materials.

Between 200,000 and 250,000 shoppers are expected to visit the center during its inaugural weekend, which ends Sunday, August 10. The weekend will feature fashion giveaways and consultations from celebrity stylist Mark-Alan Harmon, as well as family activities, music and entertainment. The Outlets at Tejon will be open Monday through Saturday from 10 a.m. to 9 p.m. and on Sunday 10 a.m. to 8 p.m.

“The enormous demand we’ve seen from retailers for space at the Outlets at Tejon can be attributed in large part to the changes in the retail landscape today with consumers placing more emphasis on the shopping experience and value,” said Gregory S. Bielli, President and Chief Executive Officer of Tejon Ranch Company. “The collection of shops that have joined the center will deliver high quality retail at great value. Combined with its spectacular Tejon Ranch setting, the Outlets at Tejon is a trip worth taking and a stop worth making.”

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