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.