
CenterPoint Properties
CenterPoint Properties was founded in 1984 and completed an IPO in 1993 as one of the first industrial real estate investment trusts (REITs) in the U.S. After twelve successful years as a public company traded on the New York Stock Exchange, CenterPoint was privatized in March 2006 by the California Public Employees' Retirement System (CalPERS), the largest pension fund in the U.S.
CenterPoint is the nation's premier industrial, infrastructure and transportation-related property owner and developer. The Company acquires, develops and/or sells over $1 billion of industrial property annually. With approximately 28 million square feet of industrial properties and 330+ customers, CenterPoint is a leading industrial property manager.
Beyond traditional real estate, CenterPoint is unique in its infrastructure and transportation-related development. The Company's first inland port, CenterPoint Intermodal Center - Elwood, IL, has more than 8.5 million square feet of customers located adjacent to the BNSF Logistics Park-Chicago intermodal facility, which is achieving 1.5 million TEUs annually. With several new intermodal centers in Chicago and other hub cities around the country, CenterPoint is expanding its platform nationally.
CenterPoint was selected by the Kansas City Port Authority as the redeveloper of the 1,400-acre former Richards-Gebaur Air Force Base in Kansas City, MO. CenterPoint and the Kansas City Southern Railway Company have partnered together to develop an intermodal logistics center. CenterPoint Intermodal Center - KC features an approximately 370-acre intermodal facility operated by KCSR and an approximately 900-acre industrial park.
CenterPoint has just completed all site infrastructure improvements in the 315-acre Phase 1, including ground remediation, building demolition and infrastructure/utility installations. CIC-KC is building pad ready to accommodate up to 5 million square feet of warehouse, distribution and manufacturing facilities and onsite container/trailer and equipment storage.
Our Mission
CenterPoint Properties is focused on the development, ownership and intensive management of industrial real estate and related rail, road and port infrastructure. We add value to our customers through forward-thinking solutions aimed at enhancing supply chain and operating efficiencies. We seek long term relationships with customers, public and private business partners, internal colleagues and the communities where we invest and operate.
