Santa Fe and Southern Pacific railroad companies merged in 1983, creating a subunit called Catellus, which handled non-railroad business. Catellus spun off from the railroad in 1993.
Nelson Rising joined the company in 1994
Catellus sold some holdings, such as San Francisco's Mission Bay, to Farallon Capital Management
Catellus merged with ProLogis in 2005 for a total purchase price of $5.3 billion, according to U.S. Securities and Exchange Commission filings.
Nelson Rising moved on from Catellus and is now president and CEO of Maguire Properties