A Storied Past

The history of the Shea family of companies began modestly enough in 1881 when founder John F. Shea established a small plumbing business in Portland, Oregon. From those humble beginnings his sons, and their sons after them, built the firm into one of the largest, privately held real estate development and construction companies in the nation. The company's legacy of milestone achievements includes the building of the diversion channels for the Hoover Dam, the foundations for the Golden Gate and Oakland Bay bridges, and the tunnels for San Francisco's Bay Area Rapid Transit (BART) system. From its roots in heavy construction, the firm diversified into a family of companies that currently includes JF Shea Construction, Shea Homes, Trilogy Resort Communities, Redding, Reed Manufacturing, Bluestar and Shea Properties.

Identifying Opportunities and Creating Value

One of the fastest-growing members of the JF Shea family of companies, Shea Properties took shape in 1977 and expanded over the years through a number of significant land and portfolio acquisitions. In 1997, Shea's commercial arm purchased the California-based Mission Viejo Company which included 900 acres of land in the Aliso Viejo area of Orange County and more than 22,000 acres of land in Highlands Ranch, Colorado. In 2006, the company established deeper roots in Colorado with the purchase of the highly regarded Denver Technological Center and Meridian International Business Center just outside of Denver. Currently, the company operates in Northern and Southern California, Colorado and Arizona.

Shea Properties is known for its unique approach to transforming land into premier living, working and shopping environments. By identifying the highest potential value and optimal use for any given property and applying a highly-focused development strategy, the company is able to use its diverse experience to create successful business and residential developments. The objective in everything Shea Properties does is to optimize land use and create long-term value for investors while improving the quality of life for those who reside, work and play in its communities.

Shea Properties manages all aspects of development from start to finish. Services include market analysis, site acquisition, entitlement, design, planning, financing, construction management, property management and asset management. The core areas of expertise include the following: office, industrial and retail properties, apartment communities and mixed-use development.