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About CenterPoint Properties. Experienced industrial, infrastructure and transportation-related property owner, buyer, seller, developer Founded in 1984, public in 1993, traded on NYSE Privatized in 2006 by CalPERS, largest US pension fund $3.5 billion company
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About CenterPoint Properties Experienced industrial, infrastructure and transportation-related property owner, buyer, seller, developer Founded in 1984, public in 1993, traded on NYSE Privatized in 2006 by CalPERS, largest US pension fund $3.5 billion company 42 million SF portfolio (330 tenants) 9,000+ developable acres Invest $1 billion on average annually Focus on national transportation-related development Nation’s premier integrated logistics center (“ILC”) developer 1
CenterPoint Intermodal Center – Elwood, IL 3 • 2,500-acre Integrated Logistics Center • 1,400-acre Industrial Park • 1,000-acre BNSF Intermodal Facility • 100-acre Equipment Management Area • 400-acre Conservation Area • 12+ Million SF Industrial Facilities • International Service • $1 Billion+ Private Investment
A Little History 4 • Shuttered Joliet Arsenal: significant job loss • USEPA Classified Superfund Site • Federal government = zero real estate taxes • Previous developer proposed landfill and quarry • CenterPoint acquired in 2000, BNSF LPC intermodal opened in 2002 • 8 Million SF completed to date, 1.2 Million SF under construction • $1 Billion total investment, $200 Million in TIF & grants • More than 8,000+ jobs to date (not including jobs from spurred development) • Diversification of tax base, increased property values • Extensive charitable and civil contributions to community
Wal-Mart Case Study 6 • 3.4M square feet • 600 new full-time jobs • 2,126 trailer parking spaces for on-site storage • 100,000 annual loads at full capacity • Location driven by transportation costs, rent played second fiddle
CenterPoint’s Next Intermodal Center 7 • 6,ooo+ acres • 2+ intermodal terminals • 4+ Million TEUs per annum • 30 Million SF industrial facilities • 400 acres for container/trailer and equipment storage • International and Domestic service • Carload and intermodal service • Foreign Trade Zone • Enterprise Zone
21st Century Economic Engine: The Integrated Intermodal Center 8 Proximity to population centers, major interstates Adequate and available labor Relieves rail, truck and commuter congestion in the region Abundant land for rail, warehouses, equipment management Foreign Trade Zone and modern/flexible zoning attracts industry and jobs ½ of all loads in/out via rail NOT truck Integrates warehouses with rail terminals Integrates equipment management areas with rail terminals “Green” developments