Catellus Development Corporation
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Catellus Development Corporation was a real estate landowner that was spun off of the real estate holdings of Santa Fe and Southern Pacific Railroad. They were one of the largest landowners in California, they owned the Los Angeles Union Station and were 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. Catellus Development Group, a ProLogis company, is uniquely positioned to deliver on the nation’s increasing demand for well-planned and sustainable mixed-use and retail developments.
