CenterPoint Properties Taps Roy Rosenbaum as SVP, Investments for its East Region

CenterPoint Properties has appointed Roy Rosenbaum as Senior Vice President of Investments for its East Region markets. Rosenbaum is based in the national industrial real estate investment, development and management firm's Saddle Brook, New Jersey office.

CenterPoint's Chief Investment Officer PJ Charlton said the East Region markets include New York/New Jersey, Lehigh Valley/Philadelphia, Charleston, SC, Greenville, SC, Savannah, GA, Atlanta, and South Florida.

Rosenbaum brings over two decades of private and institutional experience and joins CenterPoint from DRA Advisors, where he was Director of Acquisitions for the New York City-based registered real estate investment advisor. The New York native also served as Executive Director of Acquisitions for Zurich Alternative Asset Management, where he led investment activities across the Eastern region for the Swiss insurer.

Rosenbaum earned his Bachelor of Arts degree from the University of Maryland and his Master of Science in Real Estate from New York University.

"We took a very measured and meticulous approach to find the right person for this role, which paid off well. Roy's property acquisition and business development efforts across multiple Eastern U.S. markets have resulted in $3.2 billion of transactions," said Charlton. "His deep knowledge of the markets CenterPoint targets and strong relationships with the broker community make him perfect to lead our investment efforts along the Eastern seaboard," he finished.

In 2020, CenterPoint expanded into New York City from its long-time asset base in New Jersey. Since then, it has acquired several more assets in New York's outer boroughs while also growing its Northeast footprint into Lehigh Valley, PA. Company leaders say they will continue to prioritize the South Florida market, where it has invested significantly in recent years, and are eager to allocate resources to the Atlanta MSA.

CenterPoint's East Region comprises 99 assets and over 21 million square feet of industrial space. Nationally, the firm owns and manages 64.8 million feet of space across 316 buildings.