Catellus Development Corporation
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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.[citation needed] The private equity firm TPG Capital acquired a collection of real estate and the Catellus name from ProLogis in 2010.
[edit] Notable properties
- Union Station, Los Angeles, CA
- Mueller Community, Austin, TX
- Pacific Commons, Fremont, CA