Glacier Park was an audacious purchase with all the makings of an ideal Trillium undertaking: diverse and complex variables, bold scale, unrecognized value and the potential for innovative action.

In a series of complex transactions with Glacier Park, the Burlington Northern spin-off established to manage its excess real estate, Trillium acquired a diverse portfolio of railroad-related properties across the United States and Canada for $112 million.

The properties included surplus railyards, more than 50 business and industrial parks, residential and even farmland - anything deemed non-essential to railroad operations. Many had active leases; many were also contaminated.

Trillium spent the next decade aggressively managing the properties, determining what should be improved, sold, leased and developed. The process involved site remediation, master planning and subdividing as well as entitlement, marketing and sales efforts. Through this process, Trillium has sold the majority of these properties for a total sum in excess of $225 million.