Roy Rosenbaum
By Joshua Burd
CenterPoint Properties has added a key team member in New Jersey and surrounding markets, tapping Roy Rosenbaum as senior vice president of investments for its east region.
The industrial real estate investment, development and management firm, which is headquartered in Oak Brook, Illinois, said Rosenbaum will be based in its Saddle Brook office. He comes to the post with more than two decades of private and institutional experience, joining CenterPoint from DRA Advisors, where he was director of acquisitions for the New York City-based team.
He’ll report to PJ Charlton, CenterPoint’s chief investment officer, who notes that its east region markets include New York, New Jersey, the Lehigh Valley and Philadelphia, as well as Charleston and Greenville in South Carolina, Savannah and Atlanta in Georgia and South Florida.
“We took a very measured and meticulous approach to find the right person for this role, which paid off well,” Charlton said. “Roy’s property acquisition and business development efforts across multiple Eastern U.S. markets have resulted in $3.2 billion of transactions.
“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.”
Rosenbaum, a New York native, has 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, according to a news release. He holds a bachelor’s from the University of Maryland and a master’s in real estate from New York University.
“I’m grateful to PJ and the rest of CenterPoint’s leadership for the opportunity to join such a talented and respected firm,” Rosenbaum said. “I’m excited to help the team grow our high-quality portfolio in some of the most competitive markets in the country.”
CenterPoint’s east region comprises 99 assets and more than 21 million square feet of industrial space, the news release said. Nationally, the firm owns and manages 64.8 million square feet across 316 buildings.
