Catellus Development Corporation
Encyclopedia
Catellus Development Corporation is a real estate landowner that was spun off from the real estate holdings of the Santa Fe Pacific Corporation
. They were one of the largest landowners in California, having owned the Los Angeles Union Station. Catellus was responsible for numerous developments throughout the state, including the major redevelopment of Emeryville
in the San Francisco Bay Area
.
On September 15, 2005, Catellus Development Corporation was merged with and into ProLogis (NYSE: PLD) for $5.5 billion. ProLogis offers the world's largest network of distribution
facilities and services. The private equity firm TPG Capital acquired a collection of real estate and the Catellus name from ProLogis in 2010.
Santa Fe Pacific Corporation
The Santa Fe Pacific Corporation was formed as the Santa Fe Southern Pacific Corporation in 1984 by the merger of Santa Fe Industries, which owned the Atchison, Topeka and Santa Fe Railway, with the Southern Pacific Company, which owned the Southern Pacific Railroad...
. They were one of the largest landowners in California, having owned the Los Angeles Union Station. Catellus was responsible for numerous developments throughout the state, including the major redevelopment of Emeryville
Emeryville, California
Emeryville is a small city located in Alameda County, California, in the United States. It is located in a corridor between the cities of Berkeley and Oakland, extending to the shore of San Francisco Bay. Its proximity to San Francisco, the Bay Bridge, the University of California, Berkeley, and...
in the San Francisco Bay Area
San Francisco Bay Area
The San Francisco Bay Area, commonly known as the Bay Area, is a populated region that surrounds the San Francisco and San Pablo estuaries in Northern California. The region encompasses metropolitan areas of San Francisco, Oakland, and San Jose, along with smaller urban and rural areas...
.
On September 15, 2005, Catellus Development Corporation was merged with and into ProLogis (NYSE: PLD) for $5.5 billion. ProLogis offers the world's largest network of distribution
Distribution (business)
Product distribution is one of the four elements of the marketing mix. An organization or set of organizations involved in the process of making a product or service available for use or consumption by a consumer or business user.The other three parts of the marketing mix are product, pricing,...
facilities and services. The private equity firm TPG Capital acquired a collection of real estate and the Catellus name from ProLogis in 2010.
Notable properties
- Union StationUnion Station (Los Angeles)Los Angeles Union Station is the main railway station in Los Angeles, California. The station has rail services by Amtrak and Amtrak California and Metrolink; light rail/subways are the Metro Rail Red Line, Purple Line, Gold Line. Bus rapid transport runs on the Silver Line...
, Los Angeles, CA - Mueller CommunityMueller CommunityThe Mueller Community is a Planned Unit Development in the northeast central portion of the city of Austin, Texas, USA. The project is being developed on the former site of the Robert Mueller Municipal Airport, which was closed in 1999 upon the opening of Austin-Bergstrom International Airport...
, Austin, TX - Pacific CommonsPacific CommonsPacific Commons is a master-planned, mixed-use development consisting of 840 acres in Fremont, California currently in development by Catellus Development Corporation. It sits on the site of a former airport and Baylands Raceway Park...
, Fremont, CA