Catellus Development Corporation

Encyclopedia : C : CA : CAT : Catellus Development Corporation

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Catellus Development Corporation is a real estate landowner that was spun off of the real estate holdings of Santa Fe and Southern Pacific Railroad. They are one of the largest landowners in California. They own the Los Angeles Union Station and have done numerous developments throughout the state.

On September 15 2005, Catellus Development Corporation was merged with and into ProLogis (NYSE: PLD) for $5.5 billion. ProLogis will offer the world's largest network of distribution facilities and services.

 

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