Catellus is a national leader in mixed-use development, solving some of America’s most complex land challenges. With over 35 years of experience as a master developer, Catellus has transformed former airports, military bases and urban industrial sites into thriving retail, residential and commercial communities. Catellus also excels at executing the retail and office components of these complex projects, often serving as the vertical developer.
As master developer, vertical developer or both, Catellus creates places that thrive in their urban locations and attract some of the nation’s top tenants and builders. Anchored by corporate headquarter facilities, hospitals, universities and other service organizations, Catellus mixed-use developments are highly valued in the local communities they serve.
In 1984, two railroad powerhouses, Santa Fe Industries and Southern Pacific Company, proposed a merger to form Santa Fe Southern Pacific Corporation. From this proposition, the two companies formed Santa Fe Pacific Realty Corporation, a wholly owned subsidiary group with a mission to conduct all non-railroad real estate activities.
The land assets of this new corporation included sites positioned strategically next to the country’s busiest seaports and rail and roadway transportation routes, which led to unprecedented opportunities to transform large parcels of blighted or underutilized land in some of the nation’s fastest-growing cities.
From September 2005 through June 2011, Catellus merged with ProLogis, a leading owner, operator and developer of industrial real estate worldwide. ProLogis sold the majority of its retail and mixed-use assets, as well as rights to the Catellus name, to TPG Capital, a private entity, in 2011.
Today, Catellus operates as an independent private company based in Oakland, California, with regional offices and operations nationwide.
Catellus has the financial strength to withstand market fluctuations, staying on track during the development process.
Catellus Development Corporation is a real estate owner, investor and developer that is privately held and owned by TPG Capital.
TPG is a leading global private investment firm founded in 1992 with over $109 billion of assets under management and offices in San Francisco, Fort Worth, Austin, Dallas, Houston, New York, Beijing, Hong Kong, London, Luxembourg, Melbourne, Moscow, Mumbai, São Paulo, Shanghai, Singapore and Tokyo.