Mr. Rising was appointed as a member of the Board of Trustees of ProLogis in September 2005. A veteran of over 33 years in the real estate industry, Nelson Rising was most recently Chairman and Chief Executive Officer of Catellus Development Corporation, one of the nation’s largest real estate investment trusts at the time, with a total capitalization in excess of $5 billion.
Mr. Rising became the CEO of Catellus in late 1994 and oversaw its successful evolution from a railroad land company to a diversified development company, and, as of January 1, 2004, to a real estate investment trust primarily focused on industrial property.
Prior to joining Catellus, Mr. Rising was a Senior Partner of Maguire Thomas Partners. He was partner-in-charge of major projects in the Los Angeles area, including the Library Square development that resulted in the restoration of the city’s historic central library and included the west’s tallest building, the 73-story Library Tower.
Rising received a B.A. with honors in Economics from UCLA in 1963 and his Juris Doctor with honors from UCLA School of Law in 1967, where he served as Managing Editor of the UCLA Law Review. He practiced law at O’Melveny & Myers prior to entering the real estate industry in 1972.
Mr. Rising has an extensive record of civic and community service. He is the immediate past Chairman of the Bay Area Council, and former Chairman of the Board of the Federal Reserve Bank of San Francisco. He is also Chairman Emeritus of the Real Estate Roundtable, a public policy advocacy organization for the real estate industry whose members are CEOs and senior principals from every segment of the commercial real estate industry as well as the leaders of the major real estate trade associations.