TEJON RANCH, CA-On the heels of Caterpillar’s 46-acre buy here, GlobeSt.com exclusively learns that Dollar General has signed on for 439,000 square feet at the Tejon Ranch Commerce Center. Dollar General will use the facility—owned by partnership Rockerfeller Group Development Corp. and Tejon Ranch Co., to support its expansion into California.
Dollar General currently has more than 9,800 stores in 38 states. The discount retailer is adding California as its 39th state and plans to open 50 stores throughout the state in 2012. The distribution center at the Tejon Ranch Commerce Center will be the company’s 11th distribution center in its cross-country supply chain network.
The new facility, which is anticipated to begin operations in April, will eventually employ approximately 250 people. “The Tejon Ranch distribution center is strategically located to serve our supply chain needs as we continue to expand westward,” explains John Flanigan, Dollar General’s executive vice president of global supply chain. “From its central location, our supply chain team can deliver goods to stores in northern and southern California in a day.”
The Tejon Ranch Commerce Center is a 1,450-acre master planned commercial/industrial development located at the junction of Interstate 5 and Highway 99, at the southern end of California’s San Joaquin Valley. The Commerce Center is already home to major distribution centers for IKEA and Famous Footwear and Caterpillar Inc., which, as GlobeSt.com previously reported, plans to build a 400,000-square-foot parts distribution facility here.
According to Tom McCormick, senior vice president for Rockefeller Group Development, there are signed that consumer confidence is increasing. That, he says, “will buoy the industrial market as goods begin to move. Dollar General will be strategically positioned to take advantage of that confidence.”
Tejon Ranch and Rockefeller are joint venture partners on 500 acres within the Commerce Center, including the warehouse facility being leased by Dollar General. The building already has an existing tenant who will share use of the facility with Dollar General. The acreage has also been designated as a Foreign Trade Zone.
The partnership was represented in the transaction by Doug Sonderegger, Dave Consani, Craig Peters and Bennett Robinson, EVPs of CB Richard Ellis. Dollar General was represented by Joseph J. Howell and Brett B. Spitzer, EVPs of NAI Global, and Chad Brock, president of NAI Central of NAI in Indianapolis. The Kern Economic Development Corp. also assisted Dollar General and provided important information during its site selection process.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
