Research on Trinity Capital Plc (TRC), Trinity Capital Plc (TRC) from Zacks Small Cap Research
TRC also benefited from the Dedeaux land sale, which also launches a new JV & TRC recently began construction on Building 1B through the JV. TRC also believes opening of Hard Rock Casino Tejon contributes to elevated leasing at Terra Vista & other benefits & has had a positive impact in terms of boosting traffic past the Tejon Ranch Commerce Center (TRCC) and contributing to fuel and food revenue increases at the TRCC TA Petro Travel Center and retail sales at the Outlets at Tejon. As Tejon Ranch moves ahead with its industrial and residential development plans, we believe, California's acute housing shortage is arguably a positive tailwind.
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