"We're having great success in Milwaukee," says Chief InvestmentOfficer Paul Ahern. "Milwaukee is a manufacturing town. We'reseeing great strength in that market, with a lot of great activityand deals."

The properties the REIT now has boast a vacancy rate of just 2%,down from the 10% level CenterPoint was seeing in the beer capitaljust a year ago, Ahern says. That contrasts to an 8.1% overallvacancy rate in CenterPoint's markets, led by northern DuPageCounty, where it has jumped 1.5 percentage points to 16.9%.Meanwhile, CenterPoint has seen a bigger jump in the once red-hotsouthwest suburbs, where the company's properties are 15.6% vacant,up from 11.3% a year ago.

CenterPoint acquired a 183,480-sf building at 2900 S. 160th St.in New Berlin in the second quarter after buying a 150,192-sfbuilding at 7620 S. 10th St. in Oak Creek, which is used by the USPostal Service. The Pleasant Prairie buy was a 38,290-sf buildingat 8100 100th St.

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