L’Oréal USA to open distribution center at Tejon Ranch Commerce Center
August 17, 2018
- To relocate professional salon distribution operation to TRCC
- “It’s all about access”
Cosmetics maker L’Oréal USA says it is relocating its professional salon distribution operation to the Tejon Ranch Commerce Center in Kern County, south of Bakersfield.
L’Oréal USA’s SalonCentric unit will occupy the remaining 240,000 square feet of space in a 480,000-square foot building developed in partnership with Majestic Realty Co., says the owner of the center, Tejon Ranch Co. (NYSE: TRC).
As part of the move, SalonCentric will relocate its Valencia distribution center to Tejon. SalonCentric, headquartered in St. Petersburg, Florida, and operating in 48 states, is distributes salon professional products.
“SalonCentric’s decision to move its Valencia operations toTRCC, which is located just 40 minutes north of its current facility, underscores Tejon Ranch’s value as a proven and opportune place for companies wanting to locate and/or expand in California,” says Joseph Rentfro, executive vice president of real estate at Tejon Ranch Co. “It’s also further evidence of Kern County’s emergence as a major distribution region with the ability to serve California and the western U.S.”
Bertrand Fontaine, president of SalonCentric, says the Tejon location directly on Interstate 5 provides great access, and “given the size of TRCC, we have room to expand operations to further realize our vision of modernizing the professional beauty industry.”
Earlier this year, Dollar General (NYSE: DG) leased the initial 240,000 square feet of space within the partnership’s building as it increased its footprint at TRCC by nearly 40 percent.
“It’s all about access,” says John DeGrinis, senior executive vice president of Colliers International, who represents TRCC.
L’Oréal USA is also applying for economic incentives administered through Kern County’s “Advance Kern” policy, which provides eligible companies the opportunity to seek reimbursement for a portion of the property and sales taxes they generate. The policy is only applicable to unincorporated areas of Kern County, like the Tejon Ranch Commerce Center.
The Tejon Ranch Commerce Center is Tejon Ranch Co.’s 1,450-acre master planned commercial/industrial development located at the junction of Interstate 5 and Highway 99 in Kern County, about an hour north of the Los Angeles basin. It’s entitled for more than 20 million square feet of commercial and industrial space, with about 15 million square feet still available.