Jim Clewlow and PJ Charlton
By Joshua Burd
CenterPoint Properties has announced new positions for two key executives who have guided its growing industrial portfolio across the country, including New Jersey.
The Oak Brook, Illinois-based firm said Jim Clewlow will assume the newly created role of chief operating officer and will lead its investment, development and asset management teams. He moves into the post after serving as the company’s longtime executive vice president and chief investment officer.
“Jim has been a fixture at CenterPoint for 25 years and has been particularly instrumental in our growth and regional expansion,” CenterPoint CEO Bob Chapman said. “He will collaborate closely with me, our ownership and the board of directors to help drive our strategic objectives while also assuming new responsibilities for coordinating such objectives with our various business units.”
Clewlow spent 11 years as a broker with CBRE before joining CenterPoint in 1997 as a vice president of acquisitions, development and leasing. The firm promoted him in 1999 to senior vice president of investments, at which point he joined the executive committee, before he was named CIO in 2005.
“CenterPoint is a special place filled with very talented people, and I’m proud to be a partner on a remarkable team driving our continuing national expansion,” Clewlow said. “I’m honored for this new opportunity, and I look forward to the heights we can hit together in the years ahead.”
Filling Clewlow’s former post is PJ Charlton, the company’s senior vice president of investments in the east region. Chapman called the latter “a proven leader” and said he will continue to helm CenterPoint’s east region investments team in the near term.
“We are confident PJ’s strategic thinking and vision will continue to take CenterPoint’s investment team to new levels of success,” Chapman said.
Charlton joined CenterPoint in 2015 as senior vice president of investments and to oversee the company’s east region portfolio growth. Before that, he served as principal and senior vice president of investments for KTR Capital Partners.
“I’m grateful for the trust of Bob and the rest of the CenterPoint leadership team,” Charlton said. “It’s been thrilling to help the company expand into markets such as New York City and South Florida in recent years. I’m excited to work with our team to continue Jim Clewlow’s legacy of building a top-flight portfolio in America’s top industrial markets.”
