X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

OAK BROOK, IL-Given that some of the REIT’s employees have bought homes across the state line, moving into the southeast Wisconsin submarket was a natural progression for CenterPoint Properties Trust. “Southeast Wisconsin is a suburb of Chicago,” says chief executive officer John S. Gates Jr. “To me, it’s just another region. It’s a further expansion of the growth of the Chicago market.”

Although reluctant to predict how large it will grow its stake, CenterPoint has become the biggest industrial player in the submarket with its recent $75-million acquisition, giving the Chicago market’s largest industrial property owner 5 million sf. See: CenterPoint Expands Brewtown Holdings.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.