Shea Properties is a multifaceted organization responsible for land acquisition, development, construction and management of business parks, shopping centers and apartment communities. It is one of the fastest-growing entities in the J.F. Shea Co., Inc. family of companies. As a leading investment real estate company, Shea Properties currently owns and operates a commercial real estate portfolio valued in excess of $1.3 billion. The firm's portfolio encompasses more than 7,000 apartment units and 5.2 million square feet of commercial real estate in California and Colorado. Another 10 million square feet of office, industrial and retail space, and 1,200 apartment units are in the development pipeline in California, Arizona and Colorado. Shea Properties has the unique position of being an autonomous business entity integrated within the much larger J.F. Shea Co., Inc. organization. In concert with sister company, Shea Homes, one of the nation's largest private home builders, Shea Properties can offer a range of capabilities matched by few other developers in the industry.