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Intelligence · Companies

CenterPoint Properties

Industrial real estatewww.centerpoint.com

Competitor of Hillwood

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Latest CenterPoint Properties news

  • Former Costco warehouse to make rockets to put data centers in orbit
    CoStar · Sep 9, 2026

    Aerospace startup Cowboy Space signed a major lease with landlord CenterPoint Properties to convert a former Costco distribution center in Kent, Washington, into a satellite and rocket production facility. The transaction ranks as the Puget Sound region's largest industrial lease of the year.

  • Former Costco warehouse to make rockets to put data centers in orbit
    CoStar · Sep 9, 2026

    Aerospace startup Cowboy Space has leased a nearly 290,000-square-foot industrial facility in Kent, Washington, from landlord CenterPoint Properties. The transaction marks the Puget Sound region's largest industrial real estate lease of the year.

  • Oak Brook’s CenterPoint Properties names EVP and chief financial officer
    REJournals · Sep 8, 2026

    CenterPoint Properties appointed Ross Straseske as its new executive vice president and chief financial officer. This leadership change strengthens the company's executive team to oversee its financial operations.

  • Cowboy Space Leases 291k sf for Major Aerospace Manufacturing Operation in Kent, WA
    RENTV · Sep 8, 2026

    CenterPoint Properties secured a massive 291,000-square-foot industrial lease with Cowboy Space for a former distribution hub in the Kent Valley industrial corridor. The facility will be transformed into an advanced manufacturing site for aerospace development, bringing hundreds of jobs to the area.

  • Newmark Arranges 291,035-SF Industrial Lease in Kent, Washington for Cowboy Space Aerospace Venture
    Capdex · Sep 8, 2026

    Newmark announced the execution of a massive 291,035-square-foot industrial lease representing landlord CenterPoint Properties with tenant Cowboy Space. The site will be repurposed into a specialized aerospace and rocket manufacturing operation.

  • Oak Brook's CenterPoint Properties names EVP and chief financial officer
    REJournals · Sep 8, 2026

    CenterPoint Properties has officially appointed Ross Straseske as its executive vice president and chief financial officer after he served in an interim capacity. Straseske, who joined the industrial real estate firm in 2021, will now manage financial planning, capital strategy, and corporate valuation.

  • Newmark Arranges 291,035-SF Industrial Lease in Kent, Washington for Cowboy Space Aerospace Venture
    Capdex · Sep 8, 2026

    Newmark brokered a major industrial real estate lease transaction on behalf of landlord CenterPoint Properties with aerospace startup Cowboy Space. The 291,035-square-foot facility in Kent, Washington, will be converted into a manufacturing plant for orbital data center satellite hardware.

  • Cowboy Space leases a huge facility in the Seattle area to produce hardware for orbital data centers
    GeekWire · Sep 5, 2026

    California-based Cowboy Space signed a major lease for a CenterPoint Properties industrial facility in Washington state to build hardware for orbital AI data center satellites. Real estate brokers noted it is the largest industrial lease in the region year-to-date.

  • Cowboy Space leases Seattle-area site to build orbital data centers
    GeekWire · Sep 5, 2026

    Cowboy Space has secured a massive 291,035-square-foot industrial facility in Kent, Washington, which was leased from landlord CenterPoint Properties, to manufacture orbital data center hardware.

  • CenterPoint Properties names Straseske CFO
    American Journal of Transportation · Sep 3, 2026
  • From Scale to Selectivity: Why CenterPoint's 2026 pipeline favors entitled land and infrastructure-led strategy
    REJournals · Sep 3, 2026

    An analysis of CenterPoint Properties' development strategy highlights how the company is leaning heavily into entitled land, resilient power access, and infrastructure-led projects amid a tighter 2026 industrial real estate market.

  • Barings Provides $86M Acquisition Debt for Charleston Industrial Portfolio
    Commercial Observer · Aug 10, 2026

    Obelisk Real Estate Partners acquired a three-building industrial portfolio in Charleston, South Carolina, from CenterPoint Properties using $86.2 million in debt provided by Barings. This transaction highlights CenterPoint's active portfolio management and asset monetization within the industrial real estate sector.

  • Barings Provides $86M Acquisition Debt for Charleston Industrial Portfolio
    Commercial Observer · Aug 10, 2026

    Obelisk Real Estate Partners acquired an 817,000-square-foot industrial portfolio in Charleston from CenterPoint Properties using $86M in financing from Barings. This transaction highlights ongoing capital liquidity and asset rotation within CenterPoint's industrial real estate portfolio.

  • Sagard buys fully leased 224000 sq. ft. warehouse at Exit 8A in deal arranged by JLL
    Real Estate Bisnow / Connect Media type trade coverage · Aug 3, 2026

    JLL brokered the $56.9 million sale of a CenterPoint Properties industrial building in South Brunswick, NJ, to Sagard Real Estate. The facility benefits from strong logistics connectivity along the New Jersey Turnpike.

  • Sagard Pays $56.9Mln for N.J. Distribution Facility
    Commercial Real Estate Direct · Jul 27, 2026

    Sagard Real Estate has acquired a 223,977-square-foot industrial property located at 27 Distribution Way in Monmouth Junction, New Jersey, from CenterPoint Properties for $56.9 million. The fully leased logistics facility sits in a prime distribution corridor.

  • CBRE Arranges Sale of 29,336 SF Industrial Building in Avenel, New Jersey
    REBusinessOnline · Jul 24, 2026

    Chicago-based CenterPoint Properties sold a 29,336-square-foot industrial building located at 190 Homestead Ave. in Avenel, New Jersey. The property was purchased by Jadian IOS in a transaction arranged by CBRE.

  • The Industrial Real Estate Reset
    NAIOP · Jul 24, 2026

    CenterPoint Properties' development leadership discusses how the industrial real estate sector is prioritizing high-quality site designs and long-term functionality amid supply chain restructuring. The feature highlights CenterPoint's ongoing projects, including a two-story industrial development near JFK Airport.

  • The Industrial Real Estate Reset
    NAIOP · Jul 24, 2026

    This article explores how industrial real estate developers are shifting from sheer speed to precise, high-quality execution. It features insights from CenterPoint Properties' development leadership regarding long-term design standards near major logistics hubs.

  • JLL arranges sale of 224K-SF logistics property at Exit 8A
    REBusinessOnline · Jul 22, 2026

    CenterPoint Properties sold a 223,977-square-foot industrial distribution facility in Monmouth Junction, New Jersey, to Sagard Real Estate for $56.9 million. The fully leased logistics property sits in the high-demand Exit 8A submarket along the New Jersey Turnpike.

  • Sagard Real Estate Acquires CenterPoint's New Jersey Distrib · Discoperi M&A Intelligence
    Discoperi M&A Intelligence · Jul 22, 2026

    Sagard Real Estate has acquired a fully leased industrial distribution facility from CenterPoint Properties for $57 million. The 224,000-square-foot logistics property is located in Monmouth Junction, New Jersey.

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Business

Updated 4d ago
Overview
CenterPoint Properties acquires, develops, and manages industrial real estate, including distribution facilities and intermodal logistics centers, near major ports and transportation nodes. It serves supply chain, manufacturing, and logistics tenants by providing strategic property solutions. The company generates revenue through commercial property leases and logistics real estate development.
Website
www.centerpoint.com
Industry
Industrial real estate
Founded
1984

Key People

Updated 4d ago
  • Jim ClewlowChief Executive Officer
    Prior: Chief Operating Officer @ CenterPoint Properties · Chief Investment Officer @ CenterPoint Properties · Senior Vice President of Investments @ CenterPoint Properties · Vice President of Acquisitions, Development, and Leasing @ CenterPoint Properties
  • Paul CharltonExecutive Vice President and Chief Investment Officer
    Edu: Wharton School of the University of Pennsylvania
    Prior: Senior Vice President, Head of East Region @ CenterPoint Properties · Principal and Senior Vice President of Investments @ KTR Capital Partners
  • Bob AndrewsExecutive Vice President, Head of West Region
    Edu: University of San Diego
    Prior: Senior Vice President, Regional Manager @ CenterPoint Properties · Senior Vice President, Asset Management @ KTR Capital Partners · Regional Director @ RREEF

Funding

Updated 4d ago

Total raised: $3.4B

  • $3.4BAcquisition· Mar 2006
    Investors: CalEast Industrial Investors
    Reported — from announcements

SEC Filings

Updated 14h ago

Insider activity (Form 4)

  • BOBINS NORMANdisposed5,992 sh@ $50= $300K· holds 0 (≈ $0)· Mar 8, 2006
  • BABSON NICHOLAS Cdisposed19,284 sh@ $50= $964K· holds 0 (≈ $0)· Mar 8, 2006
  • STALEY JOHN Cdisposed3,698 sh@ $50= $185K· holds 0 (≈ $0)· Mar 8, 2006
  • ROBINSON THOMAS Edisposed87,210 sh@ $50= $4.4M· holds 0 (≈ $0)· Mar 8, 2006
  • MULLEN MICHAEL MChief Executive Officerdisposed185,908 sh@ $50= $9.3M· holds 0 (≈ $0)· Mar 8, 2006
View all Form 4 filings →View all SEC filings →