CenterPoint Properties
Encyclopedia
CenterPoint Properties is a a privately owned real estate developer
based in the Chicago, Illinois suburb Oakbrook, 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 traces it roots to 1984 when it was launched 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 an 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
.
Real estate development
Real estate development, or Property Development, is a multifaceted business, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of improved land or parcels to others...
based in the Chicago, Illinois suburb Oakbrook, 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 traces it roots to 1984 when it was launched as Capital and Regional Properties Corporation, the U.S. subsidiary of Capital and Regional plc, which was traded on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
.
In 1993 it made an public offering in the United States after acquiring the property of Chicago-based FCLS Investors Group. It traded on the New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...
under ticker symbol
Ticker symbol
A stock symbol or ticker symbol is a short abbreviation used to uniquely identify publicly traded shares of a particular stock on a particular stock market. A stock symbol may consist of letters, numbers or a combination of both. "Ticker symbol" refers to the symbols that were printed on the ticker...
"CNT."
In March 2006 it was privatized by CalEast Global Logistics. Prominent stockholders in CalEast are CalPERS
CalPERS
The California Public Employees' Retirement System or CalPERS is an agency in the California executive branch that "manages pension and health benefits for more than 1.6 million California public employees, retirees, and their families"...
and LaSalle Investment Management
LaSalle Investment Management
LaSalle Investment Management is a investment management firm specializing in real estate. The firm is unique within the industry in that it invests solely in real estate and no other asset class....
.
Projects
- Kansas City PlantKansas City PlantThe Kansas City Plant is a National Nuclear Security Administration facility managed and operated by Honeywell Federal Manufacturing & Technologies that produces 85 percent of the nonnuclear material used in the United States nuclear bomb arsenal...
- 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 BaseRichards-Gebaur Air Force BaseRichards-Gebaur Air Force Base is a closed United States Air Force base. It is located south of Kansas City, Missouri. It was closed in 1994....
in 2011. - CenterPoint Intermodal Center - Elwood,IL - Intermodal facilitiy 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.Caterpillar Inc.Caterpillar Inc. , also known as "CAT", designs, manufactures, markets and sells machinery and engines and sells financial products and insurance to customers via a worldwide dealer network. Caterpillar is the world's largest manufacturer of construction and mining equipment, diesel and natural gas...
- Chicago International Produce MarketChicago International Produce MarketChicago International Produce Market is a wholesale produce market in Chicago, Illinois. It is the largest facility of its kind in the midwestern United States.-Location:...
- O’Hare Express Center - Former Sears warehouse by O'Hare Airport