Shea Properties is a leading investment real estate company headquartered in Aliso Viejo, CA. During the last 25 years, Shea Properties' operating revenues have grown from less than $17 million in 1984 to more than $221 million for 2008. During that same time, the value of the Shea Properties' portfolio grew from $150 million to $2.5 billion with an additional $3.5 billion expected to stabilize in the next few years. As a leading investment real estate company, Shea Properties currently owns and operates more than 7,000 apartment units and over 5.5 million square feet of commercial real estate in California, Arizona and Colorado. Another 10 million square feet of office, industrial and retail space and 2,500 apartment units are in the development pipeline in California, Colorado and Arizona. In concert with sister company, Shea Homes, the nation's largest private home builder, Shea Properties offers a range of capabilities matched by few other developers in the industry.