Property Leases

Union Pacific's Real Estate team oversees land asset management, facilitating appropriate returns by preparing, negotiating and executing lease agreements. 

With Union Pacific’s approval, eligible parties may lease railroad property for an annual fee based on fair market value or local market rental rates. Rental requirements include a minimum annual fee of $10,000. 

Union Pacific generally does not lease any property within 25 feet of a main line track or 250 feet of an active railroad crossing. To apply for a land lease, submit a lease application form and a drawing specifying location and dimensions. See the sample print for reference.

Once completed, submit your land lease application to the appropriate manager listed below.

Map of Real Estate contacts

Real Estate Contacts

Property Management & Leasing: East

Iowa, Minnesota, Oklahoma, Northwest & West Texas, Wisconsin

Missouri, Illinois

Arkansas, Nebraska, Tennessee
Kansas, North Louisiana, Northeast & South Texas

Houston Metroplex. South Louisiana

General Property Management East Inquiries

Property Management & Leasing: West

Southeast Idaho, Montana, Southern Nevada, New Mexico, El Paso Texas, Utah

Southern Colorado, Northern Nevada, Wyoming

Northwest Colorado
Arizona, Southern California, Northwest Idaho, Eastern Oregon, Washington
Central Valley & Northern California, Southwest Oregon
Los Angeles to Bay Area – Coast California