Northern California Industrial Real Estate Market Overview
Bay Area industrial real estate is flourishing as e-commerce and logistics continue to drive demand for modern facilities. Demand is forecast to remain high as e-commerce sales are projected to grow to 33% of all retail sales by 2030.
CenterPoint’s portfolio offers strategic access to the region’s 14.5 million consumers and critical regional interstates, San Francisco and Oakland International Airports, and the bustling Port of Oakland.
The Port ranks as one of the busiest U.S. container ports. Approximately half of the nation’s total container cargo volume passes through the Ports of Oakland, Los Angeles and Long Beach.
The Bay Area is unquestionably one of CenterPoint's top target markets nationally. CenterPoint is eager to expand our presence in the market from the San Francisco Peninsula and East Bay to the Central Valley.
Meet the Team
Senior Vice President
Investments | Email
- Evan Lippow leads the West Coast Team's investment strategy in Southern California, the Bay Area and Seattle. Additionally, he manages local acquisition transactions and collaborates with the entire regional team to identify, underwrite, investigate and present investment opportunities in these thriving industrial markets. Evan brings years of industrial real estate investment expertise to the Company. He joined CenterPoint as Vice President, Investments, in 2017 to oversee the growth of the Company's portfolio in Northern New Jersey and Miami to the tune of $1 billion in acquisitions. Before joining CenterPoint, Evan focused on acquisitions and asset management for a Bay Area-based publicly traded industrial REIT where he oversaw the acquisition of $500 Million in properties in New Jersey, New York and Miami. He graduated with a Bachelor of Arts in Business Communications from Point Loma Nazarene University and holds a Master of Science in Real Estate from the University of San Diego.Close Bio
Senior Vice President
Development | Email
Senior Vice President949-872-0021 firstname.lastname@example.orgWilliam Lu joined CenterPoint Properties as Senior Vice President, Development in 2016. He is responsible for executing the Company’s development strategy throughout the West Region including the Los Angeles, Oakland and Seattle markets. Prior to joining CenterPoint, William most recently served as Vice President at Conor Commercial Real Estate (a Member of the McShane Companies). He has more than 15 years of real estate industry, engineering design and development management experience, including developing over 4.6 Million SF of Class-A industrial real estate projects. William is a member of NAIOP, American Society of Civil Engineers (ASCE) and U.S. Green Building Council (USGBC). He is also a Licensed Civil Engineer in the State of California. William received his Bachelor of Science degree in Civil Engineering from the University of California, Los Angeles, and an MBA from the University of California, Irvine.Close Bio
Senior Vice President, Regional Manager
Asset Management | Email
Senior Vice President, Regional Manager213-488-8689 email@example.comBob Andrews joined CenterPoint Properties as Senior Vice President, Regional Manager, in 2015. Mr. Andrews is responsible for managing the Company’s West region portfolio, which includes more than 7.2 Million SF of property across the Los Angeles, Oakland and Seattle markets. In this role, he partners with the entire West regional team to vet, underwrite, and perform due diligence for on-strategy investment opportunities. Prior to joining CenterPoint, Mr. Andrews served as Senior Vice President, Asset Management, for KTR Capital Partners, where he oversaw the firm’s portfolio in California, Arizona, Nevada and Washington. He was previously a regional director for RREEF, as well as an industrial broker for Cushman & Wakefield. Mr. Andrews holds a bachelor’s in business administration from the University of San Diego.Close Bio