The 2017 Event

CenterPoint invited some of the nation’s top-performing industrial real estate brokers to spend a few days in Bermuda. The group enjoyed a chartered, double-decker catamaran to view the 35th America’s Cup, dinner aboard a mega yacht and a day to explore the island. We’ve shared a few highlights below. Want to attend next year’s event? Talk to your CenterPoint contacts about what it takes to earn an invite and join the nation’s most elite brokers.

Photo Gallery

Event Details

Guest Attendees
Sam Badger CBRE
David Boyd Boyd Commercial
Jason Crimmins Blau & Berg
Scott Deutchman Lee & Associates
Peter Fennelly Colliers International
Scott Furmanski CBRE
Jay Hagglund Cushman & Wakefield
Todd Heine Avison Young
Whit Heitman CBRE
Taylor Hoff NAI Puget Sound Properties
Jeff Jagosh Site Selection NW
Simmons Johnson Colliers International
Ryan Kehoe Lee & Associates
Kelly Landwermeyer Holt Lundsford
Dan Leahy NAI Hiffman
Heather McClain CBRE
Frank Minik Jupiter Realty Services
Matt Minik Jupiter Realty Services
Chris Norvell HFF
Trey Pennington CBRE
Tony Phu Colliers International
Brendan Redeyoff CBRE
Adam Roth NAI Hiffman
Paul Sablock JLL
Arie Salomon NAI Puget Sound Properties
Greg Sholom Team Resources
Bill Sparks CBRE
Jerry Sullivan Paine Wetzel
Patrick Sullivan NAI Global
Chad Vande Zande Cushman & Wakefield
Hugh Williams Avison Young
Jae Yoo Cushman & Wakefield
Best of the Best Awards

Development of the Year – Classic Accessories, Kent, WA

Arie Salomon and Taylor Hoff of NAI Puget Sound Properties

This property helped to increase CenterPoint’s footprint within a desired core market experiencing growing demand. Sitting on nearly 12 acres, the Classic Accessories facility is 223,732 SF. The asset is one mile from a full, four-way interchange, which connects to the regional marketplace, the Port of Seattle and the Port of Tacoma. This logistics advantaged location has rail proximity and allows for at least three to four truck trips per day to and from this port network.

Largest Acquisition – JCPenney, Buena Park, CA

Patrick Sullivan and Brett Spitzer of NAI Global

The JCPenney facility in Buena Park, California, now the CenterPoint SoCal Logistics Center, is the largest contiguous single-tenant building sale to take place in the Los Angeles basin within the last 25 years. Measuring in at 1,084,963 SF, this transload facility sits on nearly 45 acres. This asset is 19 miles away from the Port of Los Angeles and the Port of Long Beach, allowing for four to five trips per day to and from this port network. The CenterPoint SoCal Logistics Center will play an integral role in regional and domestic shipping as well as international trade.

Largest Build-to-Suit for Sale – CRRC, Chicago, IL

Matt Minik and Frank Minik of Jupiter Realty Services

CenterPoint Properties was selected by CRRC Sifang America, Inc. (CRRC) to develop a state-of-the-art rail car assembly facility located on 45.36 acres on Chicago’s south side. This building will initially fulfill a contract between CRRC and the Chicago Transit Authority for the CTA’s next generation of passenger rail cars. The facility includes 78,000 SF of warehouse, 35,192 SF of office space, and 267,752 SF for assembly and testing. Features of the project meet CRRC’s exacting requirements and include site and building rail tracks, overhead cranes, a rail car transfer platform, and a 2,500’ dynamic test track for rail car testing. The facility is on schedule to achieve LEED Silver upon completion in 2018.

Largest Leasing Volume – Clearwater Paper, Joliet, IL

Hugh Williams of Avison Young

Clearwater Paper has been a tenant in the CenterPoint Intermodal Center Elwood since 2003 and renewed its lease for 10 years in its existing 624,370 SF building at 21561 Mississippi St. In an effort to expand, the company also pre-leased a 237,200 SF building for 12 years at 26318 Walton Dr., neighboring its existing facility. Both buildings have excellent access to the BNSF Logistics Park. Clearwater’s expansion facility nearly doubles its rail door access, which is critical to the company’s business. With a $3.1 million capital re-investment, its current building will receive extensive roof, parking lot, dock, office and restroom improvements.