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CenterPoint trades New Jersey logistics property to Sagard for $56.9 million

Industrial facility is in bustling turnpike supply chain corridor
The distribution center that CenterPoint Properties just sold has a single long-term tenant. (CoStar)
The distribution center that CenterPoint Properties just sold has a single long-term tenant. (CoStar)
CoStar News
July 22, 2026 | 6:57 P.M.

Oak Brook, Illinois-based CenterPoint Properties has sold a North Jersey distribution facility, located in a busy supply-chain corridor, to Sagard Real Estate for $56.9 million.

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