Neha Patil (Editor)

CenterPoint Properties

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Founded
  
1984

CenterPoint Properties centerpointcomwpcontentthemescenterpointimag

Headquarters
  
Oak Brook, Illinois, United States

Profiles

CenterPoint Properties is a privately owned real estate developer based in the Chicago, Illinois suburb Oak Brook, Illinois that owns and develops large industrial real estate tracts particularly intermodal facilities.

According to its website it is "the largest owner, manager and developer of industrial real estate in metropolitan Chicago with 26 branded business parks. With our affiliates, we own and manage more than 27.8 million square feet of customers and have an additional 9,700 acres of land for future development."

The company launched in 1984 as Capital and Regional Properties Corporation, the U.S. subsidiary of Capital and Regional plc, which was traded on the London Stock Exchange.

In 1993 it made a public offering in the United States after acquiring the property of Chicago-based FCLS Investors Group. It traded on the New York Stock Exchange under ticker symbol "CNT."

In March 2006 it was privatized by CalEast Global Logistics. Prominent stockholders in CalEast are CalPERS and LaSalle Investment Management.

Projects

  • Kansas City Plant – Honeywell plant where 85 percent of non-nuclear material for the United States nuclear bomb arsenal are built and assembled – Proposed to open at the Richards-Gebaur Air Force Base in 2011.
  • CenterPoint Intermodal Center – Elwood, IL – Intermodal facility at the former Joliet Arsenal
  • CenterPoint – KCS Intermodal Center – Intermodal operation with Kansas City Southern Railroad at the former Richards-Gebaur Air Force Base.
  • Ford Chicago Manufacturing Campus – A steel mill near the Torrence Avenue Assembly Plant refitted to support Ford.
  • Caterpillar Joliet Hydraulics Plant – Joliet plant leased back to Caterpillar Inc.
  • Chicago International Produce Market
  • O’Hare Express Center – Former Sears warehouse by O'Hare Airport
  • References

    CenterPoint Properties Wikipedia