Atsushi Nakajima, President and Chief Executive Officer of The Rockefeller Group, said, “We’re proud to partner with Tejon Ranch Company on this outstanding project. The strong demand from such great brands is a testament to the high desirability of this location, and from this day forward should establish the Outlets at Tejon as a major shopping destination for area residents as well as tourists.”The Outlets at Tejon benefits from favorable regional demographics, with 3.2 million people living within an hour’s drive, including the residents of Bakersfield and the Northwest Los Angeles communities of Santa Clarita, Valencia, Castaic, Lancaster and Palmdale. In addition, approximately 65 million travelers pass by the location annually on their way north or south on Interstate 5. “High-quality, designer brands at value prices; a highly trafficked, internationally known location; a beautiful, high-quality center reflective of the names Tejon Ranch and Rockefeller – these are the keys that have driven this project’s success,” said Hugh McMahon, Senior Vice-President of Commercial and Industrial Real Estate for Tejon Ranch Co. Tom McCormick, Senior Vice-President and Regional Development Officer for The Rockefeller Group, based in Irvine, Calif., added, “This was a missing component in the region, and we think it will have the opportunity to thrive by bringing together the best in retail with thoughtful design and compelling demographics.” Design was an important component of the overall plan, with the architectural firm Adams & Associates creating a center that is authentic to the historic and scenic environment of Tejon Ranch. Landscaped grounds, water features and relaxing furniture for guests complement open-air courtyards and curving retail promenades. A signature design feature is a replica of Bakersfield’s Beale Clock Tower – a historic landmark that was built by the original owners of Tejon Ranch. Avison Young, led by outlet property specialists Lisa Wagner and David Hinkle, assisted in the development and roll-out of the new center, while the leasing effort was led by EB Development. The general contractor was Layton Construction Co. Inc. of Salt Lake City, Utah.
More information and a full schedule of Grand Opening events is available online at www.TejonOutlets.com.About Tejon Ranch Co. Tejon Ranch Company is a publicly traded diversified real estate development and agribusiness company whose primary asset is California’s historic Tejon Ranch. Located between Los Angeles and Bakersfield, the 270,000-acre ranch is the largest single piece of private property in the state of California. More information is available at www.TejonRanch.com. About The Rockefeller Group The Rockefeller Group is a leading global real estate owner, developer and investment manager. The company has engaged in some of America’s most significant and recognizable real estate endeavors, beginning with the development of Rockefeller Center, one of the world’s finest urban mixed-use complexes combining prime office and retail space in a superior location. The company is wholly-owned by Mitsubishi Estate Co. Ltd., one of the world’s largest real estate investment and development companies, which has completed eight outlet centers in Japan. Visit www.RockefellerGroup.com.