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Catellus Development Corporation is an Emeryville, California based, national real estate developer. Founded in 1984 to be the real estate division of Santa Fe Pacific Corporation, as part of the Santa Fe–Southern Pacific merger. It was spun off into its own company in 1989, after the two railroads split.
The Newhall Land and Farming Co. donated the land. Construction began on the California Institute of the Arts in 1968, and the college opened doors in November 1971. [4] Over the next two decades, the company continued to flourish. Valencia experienced steady growth and garnered praise as a planned community.
Tejon Ranch Company (NYSE: TRC), based in Lebec, California, is one of the largest private landowners in California. [1] [2] The company was incorporated in 1936 to organize the ownership of a large tract of land that was consolidated from four Mexican land grants acquired in the 1850s and 1860s by ranch founder Edward Fitzgerald Beale.
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