Shea Properties
| Company type | Division |
|---|---|
| Industry | Real estate |
| Predecessor | Mission Viejo Company (acquired 1997) |
| Founded | January 1, 1881 in Portland, Oregon, U.S. |
| Founder | John Francis Shea |
| Headquarters | Aliso Viejo , United States |
Area served | California, Colorado, Washington |
| Products | Business parks, retail centers, apartment complexes, mixed-use developments |
| Parent | J. F. Shea Co. |
Shea Properties, a division of J. F. Shea Co., is a U.S.-based real estate firm that focuses on acquiring, designing, developing, constructing, and managing business parks, retail centers, apartment complexes, and mixed-use developments. The company manages approximately 6,500 residential units alongside 5 million square feet dedicated to office, industrial, and retail facilities located throughout California, Colorado, and Washington.
History
Established in 1881 in Portland, Oregon by John Francis Shea, the parent organization J.F. Shea Co operates across sectors including new residential and commercial building, civil engineering projects, development and management of commercial and multi-family properties, construction materials supply, and venture capital investments.
Significant projects undertaken by J.F. Shea encompass the creation of diversion channels for the Hoover Dam, foundational work for the Golden Gate and Oakland Bay bridges, tunneling for San Francisco’s Bay Area Rapid Transit (BART), as well as tunnel construction on The Metro Crenshaw/LAX Transit Corridor and the Metro Purple Line Extension.
Acquisitions
Shea Properties expanded its holdings in 1997 by acquiring the Mission Viejo Company based in California, securing 900 acres in Mission Viejo, Aliso Viejo, and Rancho Santa Margarita within Orange County, along with more than 22,000 acres in Highlands Ranch, Colorado.
The company further grew in 2006 through the acquisition of assets in the Denver Technological Center and Meridian International Business Center. Today, Shea Properties operates across regions including Northern and Southern California, Colorado, and Washington.