Program Information Shea Properties, headquartered in Aliso Viejo, California, is a diversified real estate company responsible for the acquisition, design, development, construction, leasing, and management of business parks, shopping centers, apartment communities and mixed-use environments. Currently, Shea Properties owns and operates approximately 11,000 apartment units and 6 million square feet of office, industrial and retail space in California, Colorado and Washington, with a strong pipeline of future projects.