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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A
(Mark One)
/x/ | ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (Fee required) |
For the fiscal year ended December 31, 2000
or
| / / | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (No fee required) |
For the transition period from to
Commission file number 1-12630
CENTERPOINT PROPERTIES TRUST
(Exact Name of Registrant as Specified in its Charter)
| Maryland | 36-3910279 | ||
| (State or Other Jurisdiction of Incorporation or Organization) | (I.R.S. Employer Identification No.) | ||
1808 Swift Drive, Oak Brook, Illinois | 60523- | ||
| (Address of principal executive offices) | (Zip code) | ||
| Registrant's telephone number, including area code:(630) 586-8000 | |||
Securities registered pursuant to Section 12(b) of the Act: | |||
| | Title of Each Class | Name of Each Exchange on Which Registered | ||
|---|---|---|---|---|
| Common Shares, par value $.001 | New York Stock Exchange | |||
| 8.48% Series A Preferred Shares, par value $.001 | New York Stock Exchange | |||
| 7.5% Series B Convertible Preferred Shares, par value $.001 | New York Stock Exchange | |||
| Preferred Share Purchase Rights, with respect to common shares, par $.001 | New York Stock Exchange |
Securities registered pursuant to Section 12(g) of the Act
None
(Title of Class)
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes /x/ No / /
Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. / /
As of March 12, 2001, the aggregate market value of the voting stock held by non-affiliates of the registrant was $1,030,838,415 (based on 21,849,055 shares held by non-affiliates and computed by reference to the reported closing price).
The registrant had 22,543,546 shares of its common stock, $.001 par value, outstanding as of March 12, 2001.
DOCUMENTS INCORPORATED BY REFERENCE
Portions of the registrant's proxy statement are incorporated by reference into Part III of this Annual Report on Form 10-K.
Item 14. Exhibits, Financial Statement Schedules and Reports on Form 8-K.
- (a)
- The following documents are filed as part of this report:
Schedule III—Real Estate and Accumulated Depreciation
SCHEDULE III
CENTERPOINT PROPERTIES TRUST AND SUBSIDIARIES
REAL ESTATE AND ACCUMULATED DEPRECIATION
As of December 31, 2000
| | | | | Costs Capitalized Subsequent to Acquisition | Gross Amounts at Which Carried at Close of Period | | | | | Life Upon Which Depreciation In Latest Income Statement Is Computed | |||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | | Initial Costs | | | | | |||||||||||||||||||||||||||||||
| Description | Encumbrances (e) | Land | Buildings and Improvements (a) | Land | Buildings and Improvements | Carrying Costs (b) | Land | Buildings and Improvements | Total (c) (d) | Accumulated Depreciation | Date of Construction | Date Acquired | |||||||||||||||||||||||||
| Warehouse/Industrial Properties: | |||||||||||||||||||||||||||||||||||||
| 425 W. 151st Street East Chicago, IN | $ | 252 | $ | 1,805 | $ | 33 | $ | 5,304 | $ | 1,155 | $ | 285 | $ | 8,264 | $ | 8,549 | $ | (3,502 | ) | 1913/1988-1990 | 1987 | (f | ) | ||||||||||||||
| 201 Mississippi Street Gary, IN | $ | 50,000(g | ) | 807 | 9,948 | 278 | 22,656 | 1,085 | 32,604 | 33,689 | (12,134 | ) | 1946/1985-1988 | 1985 | (f | ) | |||||||||||||||||||||
| 1201 Lunt Avenue Elk Grove Village, IL | (g | ) | 57 | 146 | 1 | 7 | 58 | 153 | 211 | (35 | ) | 1971 | 1993 | (f | ) | ||||||||||||||||||||||
| 620 Butterfield Road Mundelein, IL | 335 | 1,974 | 61 | 371 | 396 | 2,345 | 2,741 | (456 | ) | 1990 | 1993 | (f | ) | ||||||||||||||||||||||||
| 1319 Marquette Drive Romeoville, IL | (g | ) | 948 | 2,530 | 0 | 113 | 948 | 2,643 | 3,591 | (577 | ) | 1990-1991 | 1993 | (f | ) | ||||||||||||||||||||||
| 900 E. 103rd Street Chicago, IL | 2,226 | 10,693 | 0 | 8,364 | 2,226 | 19,057 | 21,283 | (3,462 | ) | 1910 | 1993 | (f | ) | ||||||||||||||||||||||||
| 1520 Pratt Avenue Elk Grove Village, IL | (g | ) | 498 | 1,558 | 0 | 11 | 498 | 1,569 | 2,067 | (350 | ) | 1968 | 1993 | (f | ) | ||||||||||||||||||||||
| 1850 Greenleaf Elk Grove Village, IL | 509 | 1,386 | 0 | 356 | 509 | 1,742 | 2,251 | (340 | ) | 1965 | 1993 | (f | ) | ||||||||||||||||||||||||
| 2743 Armstrong Court Des Plaines, IL | 1,320 | 2,679 | 0 | 282 | 1,320 | 2,961 | 4,281 | (641 | ) | 1989-1990 | 1993 | (f | ) | ||||||||||||||||||||||||
| 5990 Touhy Avenue Niles, IL | 2,047 | 8,509 | 0 | 1,445 | 2,047 | 9,954 | 12,001 | (2,121 | ) | 1957 | 1993 | (f | ) | ||||||||||||||||||||||||
| 2339 Ernie Krueger Court Waukegan, IL | 158 | 1,819 | 0 | 10 | 158 | 1,829 | 1,987 | (409 | ) | 1990 | 1993 | (f | ) | ||||||||||||||||||||||||
| 1400 Busse Road Elk Grove Village, IL | 439 | 5,719 | 0 | 306 | 439 | 6,025 | 6,464 | (1,561 | ) | 1987 | 1993 | (f | ) | ||||||||||||||||||||||||
| 1250 Carolina Drive West Chicago, IL | 583 | 3,836 | 0 | 266 | 583 | 4,102 | 4,685 | (902 | ) | 1989-1990 | 1993 | (f | ) | ||||||||||||||||||||||||
| 5619 W. 115th Street Alsip, IL | (g | ) | 2,267 | 12,169 | 0 | 1,864 | 2,267 | 14,033 | 16,300 | (3,071 | ) | 1974 | 1993 | (f | ) | ||||||||||||||||||||||
| 825 Tollgate Road Elgin, IL | (g | ) | 712 | 3,584 | 0 | 112 | 712 | 3,696 | 4,408 | (815 | ) | 1989-1991 | 1993 | (f | ) | ||||||||||||||||||||||
| 720 Frontenac Naperville, IL | 1,014 | 4,055 | 22 | 203 | 1,036 | 4,258 | 5,294 | (938 | ) | 1991 | 1993 | (f | ) | ||||||||||||||||||||||||
| 820 Frontenac Naperville, IL | 906 | 3,626 | 0 | 181 | 906 | 3,807 | 4,713 | (832 | ) | 1988 | 1993 | (f | ) | ||||||||||||||||||||||||
| 1120 Frontenac Naperville, IL | 791 | 3,164 | 23 | 743 | 814 | 3,907 | 4,721 | (849 | ) | 1980 | 1993 | (f | ) | ||||||||||||||||||||||||
| 1510 Frontenac Naperville, IL | 621 | 2,485 | 16 | 95 | 637 | 2,580 | 3,217 | (571 | ) | 1986 | 1993 | (f | ) | ||||||||||||||||||||||||
| 1020 Frontenac Naperville, IL | 591 | 2,363 | 11 | 446 | 602 | 2,809 | 3,411 | (577 | ) | 1980 | 1993 | (f | ) | ||||||||||||||||||||||||
| 1560 Frontenac Naperville, IL | 508 | 2,034 | 12 | 178 | 520 | 2,212 | 2,732 | (472 | ) | 1987 | 1993 | (f | ) | ||||||||||||||||||||||||
| 920 Frontenac Naperville, IL | 717 | 2,367 | 0 | 576 | 717 | 2,943 | 3,660 | (608 | ) | 1987 | 1993 | (f | ) | ||||||||||||||||||||||||
| | | | | Costs Capitalized Subsequent to Acquisition | Gross Amounts at Which Carried at Close of Period | | | | | Life Upon Which Depreciation In Latest Income Statement Is Computed | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | | Initial Costs | | | | | |||||||||||||||||||||
| Description | Encumbrances (e) | Land | Buildings and Improvements (a) | Land | Buildings and Improvements | Carrying Costs (b) | Land | Buildings and Improvements | Total (c) (d) | Accumulated Depreciation | Date of Construction | Date Acquired | |||||||||||||||
| 1 Wildlife Way Long Grove, IL | 530 | 2,122 | 0 | 137 | 530 | 2,259 | 2,789 | (474 | ) | 1994 | 1994 | (f | ) | ||||||||||||||
| 900 W. University Drive Arlington Heights, IL | (g | ) | 817 | 3,268 | 17 | 96 | 834 | 3,364 | 4,198 | (693 | ) | 1974 | 1994 | (f | ) | ||||||||||||
| 745 Birginal Drive Bensenville, IL | 601 | 2,406 | 1 | 497 | 602 | 2,903 | 3,505 | (550 | ) | 1974 | 1994 | (f | ) | ||||||||||||||
| 21399 Torrence Avenue Sauk Village, IL | 1,550 | 6,199 | 565 | 707 | 2,115 | 6,906 | 9,021 | (1,397 | ) | 1987 | 1994 | (f | ) | ||||||||||||||
| 2600 N. Elmhurst Road Elk Grove Village, IL. | 842 | 3,366 | 1 | 46 | 843 | 3,412 | 4,255 | (626 | ) | 1995 | 1995 | (f | ) | ||||||||||||||
| 8901 W. 102nd Street Pleasant Prarie, WI | (g | ) | 900 | 3,608 | 0 | 51 | 900 | 3,659 | 4,559 | (717 | ) | 1990 | 1994 | (f | ) | ||||||||||||
| 8200 100th Street Pleasant Prarie, WI | (g | ) | 1,220 | 4,890 | 0 | 37 | 1,220 | 4,927 | 6,147 | (971 | ) | 1990 | 1994 | (f | ) | ||||||||||||
| 825-845 Hawthorne West Chicago, IL | 721 | 2,884 | 23 | 1,094 | 744 | 3,978 | 4,722 | (612 | ) | 1974 | 1995 | (f | ) | ||||||||||||||
| 1700 Butterfield Road Mundelein, IL | 342 | 1,371 | 0 | 150 | 342 | 1,521 | 1,863 | (265 | ) | 1976 | 1995 | (f | ) | ||||||||||||||
| 10601 Seymour Avenue Franklin Park, IL | 2,020 | 8,081 | 184 | 13,271 | 2,204 | 21,352 | 23,556 | (2,390 | ) | 1963/1965 | 1995 | (f | ) | ||||||||||||||
| 11701 South Central Alsip, IL | 1,241 | 4,964 | 22 | 1,432 | 1,263 | 6,396 | 7,659 | (962 | ) | 1972 | 1995 | (f | ) | ||||||||||||||
| 11601 South Central Alsip, IL | 1,071 | 4,285 | 53 | 1,347 | 1,124 | 5,632 | 6,756 | (820 | ) | 1971 | 1995 | (f | ) | ||||||||||||||
| 850 Arthur Avenue Elk Grove Village, IL | 270 | 1,081 | 2 | 332 | 272 | 1,413 | 1,685 | (224 | ) | 1972/1973 | 1995 | (f | ) | ||||||||||||||
| 1827 North Bendix Drive South Bend, IN | (g | ) | 1,010 | 4,040 | 24 | 185 | 1,034 | 4,225 | 5,259 | (676 | ) | 1964/1990 | 1995 | (f | ) | ||||||||||||
| 4400 S. Kolmar Chicago, IL | (g | ) | 603 | 2,412 | 9 | 215 | 612 | 2,627 | 3,239 | (410 | ) | 1964 | 1995 | (f | ) | ||||||||||||
| 6600 River Road Hodgkins, IL | 2,640 | 10,562 | 47 | 805 | 2,687 | 11,367 | 14,054 | (1,653 | ) | Unknown | 1996 | (f | ) | ||||||||||||||
| 7501 N. 81st Street Milwaukee, WI | 1,018 | 4,073 | 19 | 83 | 1,037 | 4,156 | 5,193 | (609 | ) | 1987 | 1996 | (f | ) | ||||||||||||||
| 1100 Chase Avenue Elk Grove Village, IL | (g | ) | 248 | 993 | 7 | 246 | 255 | 1,239 | 1,494 | (187 | ) | 1969 | 1996 | (f | ) | ||||||||||||
| 2553 N. Edgington Franklin Park, IL | 1,870 | 7,481 | 67 | 1,902 | 1,937 | 9,383 | 11,320 | (1,229 | ) | 1967/1989 | 1996 | (f | ) | ||||||||||||||
| 875 Fargo Avenue Elk Grove Village, IL | 572 | 2,284 | 14 | 1,078 | 586 | 3,362 | 3,948 | (447 | ) | 1979 | 1996 | (f | ) | ||||||||||||||
| 1800 Bruning Drive Itasca, IL | 1,999 | 7,995 | 27 | 213 | 2,026 | 8,208 | 10,234 | (1,168 | ) | 1975/1978 | 1996 | (f | ) | ||||||||||||||
| | | | | Costs Capitalized Subsequent to Acquisition | Gross Amounts at Which Carried at Close of Period | | | | | Life Upon Which Depreciation In Latest Income Statement Is Computed | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | | Initial Costs | | | | | |||||||||||||||||||||
| Description | Encumbrances (e) | Land | Buildings and Improvements (a) | Land | Buildings and Improvements | Carrying Costs (b) | Land | Buildings and Improvements | Total (c) (d) | Accumulated Depreciation | Date of Construction | Date Acquired | |||||||||||||||
| 1501 Pratt Elk Grove Village, IL | 1,047 | 4,189 | 72 | 553 | 1,119 | 4,742 | 5,861 | (670 | ) | 1973 | 1996 | (f | ) | ||||||||||||||
| 400 N. Wolf Road Northlake, IL | 4,504 | 18,017 | (996 | ) | 9,567 | 3,508 | 27,584 | 31,092 | (3,511 | ) | 1956/1965 | 1996 | (f | ) | |||||||||||||
| 16400 W. 103rd Street Lemont, IL | 446 | 1,748 | 21 | 304 | 467 | 2,052 | 2,519 | (259 | ) | 1983 | 1996 | (f | ) | ||||||||||||||
| 425 S. 37th Avenue St. Charles, IL | 644 | 2,575 | 7 | 260 | 651 | 2,835 | 3,486 | (375 | ) | 1976 | 1996 | (f | ) | ||||||||||||||
| Lot 51-Naperville Business Center Naperville, IL | 210 | 0 | 0 | 16 | 210 | 16 | 226 | (2 | ) | 1996 | 1996 | (f | ) | ||||||||||||||
| 3145 Central Avenue Waukeegan, IL | 1,270 | 5,080 | 20 | 1,797 | 1,290 | 6,877 | 8,167 | (838 | ) | 1960 | 1997 | (f | ) | ||||||||||||||
| 2003-2207 South 114th Street West Allis, WI | 942 | 3,770 | 7 | 224 | 949 | 3,994 | 4,943 | (457 | ) | 1965/1966 | 1997 | (f | ) | ||||||||||||||
| 2801 S. Busse Road Elk Grove Village, IL | (g | ) | 1,875 | 7,556 | 12 | 589 | 107 | 1,887 | 8,252 | 10,139 | (978 | ) | 1997 | 1997 | (f | ) | |||||||||||
| 6464 West 51st Street Forest View, IL | 934 | 3,734 | 4 | 299 | 938 | 4,033 | 4,971 | (460 | ) | 1973 | 1997 | (f | ) | ||||||||||||||
| 6500 West 51st Street Forest View, IL | 805 | 3,221 | 4 | 106 | 809 | 3,327 | 4,136 | (382 | ) | 1974 | 1997 | (f | ) | ||||||||||||||
| 7447 South Central Avenue Bedford Park, IL | (g | ) | 437 | 1,748 | 8 | 118 | 445 | 1,866 | 2,311 | (210 | ) | 1980 | 1997 | (f | ) | ||||||||||||
| 7525 S. Sayre Avenue Bedford Park, IL | 587 | 2,345 | 5 | 629 | 592 | 2,974 | 3,566 | (302 | ) | 1980 | 1997 | (f | ) | ||||||||||||||
| 1 Allsteel Drive Aurora, IL | 2,458 | 9,832 | (252 | ) | 8,059 | 2,206 | 17,891 | 20,097 | (1,929 | ) | 1957-1967 | 1997 | (f | ) | |||||||||||||
| 2525 Busse Highway Elk Grove Village, IL | 5,400 | 12,601 | (727 | ) | 8,830 | 4,673 | 21,431 | 26,104 | (2,065 | ) | 1975 | 1997 | (f | ) | |||||||||||||
| 106th and Buffalo Avenue Chicago, IL | 248 | 992 | 9 | 631 | 257 | 1,623 | 1,880 | (227 | ) | 1971 | 1997 | (f | ) | ||||||||||||||
| 7400 South Narragansett Bedford Park,IL | 743 | 2,972 | 10 | 347 | 753 | 3,319 | 4,072 | (337 | ) | 1977 | 1997 | (f | ) | ||||||||||||||
| 2701 S. Busse Road Elk Grove Village, IL | (g | ) | 1,875 | 5,667 | 4 | 1,333 | 255 | 1,879 | 7,255 | 9,134 | (701 | ) | 1997 | 1997 | (f | ) | |||||||||||
| East Avenue and 55th Street McCook, IL | 1,190 | 4,761 | 57 | 4,651 | 1,247 | 9,412 | 10,659 | (757 | ) | 1979 | 1997 | (f | ) | ||||||||||||||
| 6757 S. Sayre Bedford Park, IL | 1,236 | 4,945 | 7 | 160 | 1,243 | 5,105 | 6,348 | (519 | ) | 1975 | 1997 | (f | ) | ||||||||||||||
| 1951 Landmeir Road Elk Grove Village, IL | 280 | 1,120 | 12 | 51 | 292 | 1,171 | 1,463 | (120 | ) | 1967 | 1997 | (f | ) | ||||||||||||||
| 1355 Enterprise Drive Romeoville, IL | 580 | 2,320 | 8 | 518 | 588 | 2,838 | 3,426 | (291 | ) | 1980/1986 | 1997 | (f | ) | ||||||||||||||
| | | | | Costs Capitalized Subsequent to Acquisition | Gross Amounts at Which Carried at Close of Period | | | | | Life Upon Which Depreciation In Latest Income Statement Is Computed | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | | Initial Costs | | | | | |||||||||||||||||||||
| Description | Encumbrances (e) | Land | Buildings and Improvements (a) | Land | Buildings and Improvements | Carrying Costs (b) | Land | Buildings and Improvements | Total (c) (d) | Accumulated Depreciation | Date of Construction | Date Acquired | |||||||||||||||
| 5700 West Touhy Avenue Niles, IL | 8,749 | 27,762 | 98 | 22,119 | 1,466 | 8,847 | 51,347 | 60,194 | (125 | ) | 2000 | 1997 | (f | ) | |||||||||||||
| 110-190 Old Higgins Road Des Plaines, IL | 1,862 | 7,447 | 12 | 1,636 | 1,874 | 9,083 | 10,957 | (773 | ) | 1980 | 1997 | (f | ) | ||||||||||||||
| 1475 S. 101st Street West Allis, WI | 331 | 1,323 | 1 | 85 | 332 | 1,408 | 1,740 | (131 | ) | 1968/1988 | 1997 | (f | ) | ||||||||||||||
| 1333 Grandview Drive Yorkville, WI | 1,516 | 6,062 | 5 | 21 | 1,521 | 6,083 | 7,604 | (579 | ) | 1994 | 1997 | (f | ) | ||||||||||||||
| 2301 Route 30 Plainfield, IL | 1,217 | 4,868 | 69 | 2,544 | 1,286 | 7,412 | 8,698 | (613 | ) | 1972/1984 | 1997 | (f | ) | ||||||||||||||
| 1796 Sherwin Avenue Des Plaines, IL | (g | ) | 944 | 3,778 | 12 | 1,040 | 956 | 4,818 | 5,774 | (474 | ) | 1964 | 1997 | (f | ) | ||||||||||||
| 2727 W. Diehl Road Naperville, IL | 3,071 | 14,232 | 5 | 397 | 3,076 | 14,629 | 17,705 | (1,390 | ) | 1997 | 1997 | (f | ) | ||||||||||||||
| O'hare Express Center—A2 Elk GroveVillage, IL | 1,097 | 7,060 | 0 | 300 | 110 | 1,097 | 7,470 | 8,567 | (838 | ) | 1997 | 1997 | (f | ) | |||||||||||||
| O'hare Express Center—B1 Elk GroveVillage, IL | 1,682 | 10,500 | 0 | 1,080 | 96 | 1,682 | 11,676 | 13,358 | (1,315 | ) | 1997 | 1997 | (f | ) | |||||||||||||
| O'hare Express—B2 Elk Grove Village, IL | 1,618 | 6,287 | 0 | 5,182 | 328 | 1,618 | 11,797 | 13,415 | (786 | ) | 1999 | 1999 | (f | ) | |||||||||||||
| O'hare Express—C Elk Grove Village, IL | 2,603 | 12,117 | 0 | 0 | 50 | 2,603 | 12,167 | 14,770 | (382 | ) | 2000 | 1999 | (f | ) | |||||||||||||
| 2021 Lunt Avenue Elk Grove, IL | 464 | 1,855 | 8 | 156 | 472 | 2,011 | 2,483 | (183 | ) | 1972 | 1998 | (f | ) | ||||||||||||||
| 2121 Touhy Avenue Elk Grove, IL | 918 | 3,672 | 12 | 179 | 930 | 3,851 | 4,781 | (353 | ) | 1962 | 1998 | (f | ) | ||||||||||||||
| 200 Champion Dr. North Lake, IL | 467 | 5,645 | 0 | 0 | 87 | 467 | 5,732 | 6,199 | (551 | ) | 1998 | 1998 | (f | ) | |||||||||||||
| 2001 S. Mt. Prospect Road Des Plaines, IL | 980 | 4,223 | 1 | 812 | 981 | 5,035 | 6,016 | (378 | ) | 1980 | 1998 | (f | ) | ||||||||||||||
| 745 Dillon Drive Wood Dale, IL | 645 | 2,820 | 0 | 18 | 645 | 2,838 | 3,483 | (216 | ) | 1985/1986 | 1998 | (f | ) | ||||||||||||||
| 1030 Fabyan Parkway Batavia, IL | 1,206 | 5,144 | 0 | 0 | 1,206 | 5,144 | 6,350 | (423 | ) | 1978 | 1998 | (f | ) | ||||||||||||||
| 4700 Ironwood Drive Franklin, WI | 419 | 3,415 | 11 | 53 | 430 | 3,468 | 3,898 | (291 | ) | 1998 | 1998 | (f | ) | ||||||||||||||
| 2601 Bond Street University Park, IL | 380 | 1,527 | 8 | 25 | 388 | 1,552 | 1,940 | (127 | ) | 1975 | 1998 | (f | ) | ||||||||||||||
| 201 Oakton Des Plaines, IL | (g | ) | 838 | 3,351 | 8 | 1,727 | 846 | 5,078 | 5,924 | (369 | ) | 1984 | 1998 | (f | ) | ||||||||||||
| 3601 Runge Avenue Franklin Park, IL | 541 | 2,180 | 3 | 107 | 544 | 2,287 | 2,831 | (178 | ) | 1962 | 1998 | (f | ) | ||||||||||||||
| | | | | Costs Capitalized Subsequent to Acquisition | Gross Amounts at Which Carried at Close of Period | | | | | Life Upon Which Depreciation In Latest Income Statement Is Computed | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | | Initial Costs | | | | | |||||||||||||||||||||
| Description | Encumbrances (e) | Land | Buildings and Improvements (a) | Land | Buildings and Improvements | Carrying Costs (b) | Land | Buildings and Improvements | Total (c) (d) | Accumulated Depreciation | Date of Construction | Date Acquired | |||||||||||||||
| 3400 N. Powell Franklin Park, IL | (g | ) | 812 | 3,277 | 3 | 41 | 815 | 3,318 | 4,133 | (263 | ) | 1961 | 1998 | (f | ) | ||||||||||||
| 11440 West Addison Franklin Park, IL | 540 | 2,200 | 3 | 147 | 543 | 2,347 | 2,890 | (183 | ) | 1961 | 1998 | (f | ) | ||||||||||||||
| 3434 N. Powell Franklin Park, IL | 429 | 1,723 | 3 | 149 | 432 | 1,872 | 2,304 | (143 | ) | 1960 | 1998 | (f | ) | ||||||||||||||
| 7633 S. Sayre Bedford Park | 167 | 700 | 4 | 35 | 171 | 735 | 906 | (58 | ) | 1968/1969 | 1998 | (f | ) | ||||||||||||||
| 1999 N. Ruby Franklin Park, IL | 402 | 1,615 | 3 | 280 | 405 | 1,895 | 2,300 | (139 | ) | 1962 | 1998 | (f | ) | ||||||||||||||
| 11550 W. King Drive Franklin Park, IL | 320 | 1,303 | 3 | 93 | 323 | 1,396 | 1,719 | (108 | ) | 1963 | 1998 | (f | ) | ||||||||||||||
| 7201 S. Leamington Bedford Park, IL | 340 | 1,697 | (4 | ) | 10 | 336 | 1,707 | 2,043 | (135 | ) | 1958 | 1998 | (f | ) | |||||||||||||
| 1575 Executive Drive Elgin, IL | 240 | 964 | 3 | 33 | 243 | 997 | 1,240 | (79 | ) | 1980 | 1998 | (f | ) | ||||||||||||||
| 7200 S. Mason Bedford Park, IL | 1,037 | 4,286 | 3 | 65 | 1,040 | 4,351 | 5,391 | (344 | ) | 1974 | 1998 | (f | ) | ||||||||||||||
| 6000 W. 73rd Bedford Park, IL | 794 | 3,190 | 16 | 107 | 810 | 3,297 | 4,107 | (258 | ) | 1974 | 1998 | (f | ) | ||||||||||||||
| 28160 N. Keith Lake Forest, IL | 616 | 2,496 | 3 | 52 | 619 | 2,548 | 3,167 | (201 | ) | 1989 | 1998 | (f | ) | ||||||||||||||
| 28618 N. Ballard Lake Forest, IL | 469 | 1,943 | 3 | 40 | 472 | 1,983 | 2,455 | (157 | ) | 1984 | 1998 | (f | ) | ||||||||||||||
| 11400 W. Melrose Street Franklin Park, IL | 168 | 43 | 3 | 11 | 171 | 54 | 225 | (22 | ) | 1998 | (f | ) | |||||||||||||||
| 11801 S. Central Alsip, IL | 4,120 | 1,592 | 6,367 | 2 | 332 | 1,594 | 6,699 | 8,293 | (500 | ) | 1985 | 1998 | (f | ) | |||||||||||||
| 1808 Swift Dr. Oak Brook, IL | 475 | 2,620 | 675 | 11,085 | 1,150 | 13,705 | 14,855 | (903 | ) | 1998 | Var. | (f | ) | ||||||||||||||
| 5611 W. Mill Road Milwaukee, WI | 218 | 925 | 0 | 23 | 218 | 948 | 1,166 | (57 | ) | 1960 | 1998 | (f | ) | ||||||||||||||
| 9550 W. 55th St. McCook, IL | 486 | 7,579 | 0 | 55 | 486 | 7,634 | 8,120 | (409 | ) | 1999 | 1999 | (f | ) | ||||||||||||||
| 100 W. Whitehall Northlake, IL | 578 | 7,791 | 0 | 139 | 185 | 578 | 8,115 | 8,693 | (438 | ) | 1999 | 1999 | (f | ) | |||||||||||||
| 101 45th Street Munster, IN | 1,925 | 7,700 | 1 | 64 | 1,926 | 7,764 | 9,690 | (453 | ) | 1991 | 1999 | (f | ) | ||||||||||||||
| 245 E. North Ave. Carol Stream, IL | 1,668 | 6,672 | 3 | 34 | 1,671 | 6,706 | 8,377 | (354 | ) | 1967 | 1999 | (f | ) | ||||||||||||||
| 250 W. 63rd St. Westmont, IL | 188 | 751 | 0 | 24 | 188 | 775 | 963 | (41 | ) | 1967 | 1999 | (f | ) | ||||||||||||||
| | | | | Costs Capitalized Subsequent to Acquisition | Gross Amounts at Which Carried at Close of Period | | | | | Life Upon Which Depreciation In Latest Income Statement Is Computed | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | | Initial Costs | | | | | |||||||||||||||||||||
| Description | Encumbrances (e) | Land | Buildings and Improvements (a) | Land | Buildings and Improvements | Carrying Costs (b) | Land | Buildings and Improvements | Total (c) (d) | Accumulated Depreciation | Date of Construction | Date Acquired | |||||||||||||||
| 22 W. 760 Poss St. Glen Ellyn, IL | 286 | 1,145 | 0 | 26 | 286 | 1,171 | 1,457 | (62 | ) | 1964 | 1999 | (f | ) | ||||||||||||||
| 9714 S. Route 59 Naperville, IL | 379 | 1,517 | 0 | 32 | 379 | 1,549 | 1,928 | (82 | ) | 1988 | 1999 | (f | ) | ||||||||||||||
| 1000 Swanson Dr. Batavia, IL | 211 | 846 | 0 | 19 | 211 | 865 | 1,076 | (46 | ) | 1990 | 1999 | (f | ) | ||||||||||||||
| 425 N. Villa Ave. Villa Park, IL | 325 | 1,300 | 0 | 25 | 325 | 1,325 | 1,650 | (70 | ) | 1996 | 1999 | (f | ) | ||||||||||||||
| 6110 East Ave. Hodgkins, IL | 174 | 696 | 0 | 33 | 174 | 729 | 903 | (38 | ) | 1979 | 1999 | (f | ) | ||||||||||||||
| 16951 State Street South Holland, IL | 397 | 1,589 | 0 | 46 | 397 | 1,635 | 2,032 | (86 | ) | 1983 | 1999 | (f | ) | ||||||||||||||
| 1207 S. Greenwood Maywood, IL | 10 | 40 | 0 | 23 | 10 | 63 | 73 | (3 | ) | 1995 | 1999 | (f | ) | ||||||||||||||
| 1336 W. Monee Rd. Crete, IL | 28 | 112 | 0 | 27 | 28 | 139 | 167 | (7 | ) | 1974 | 1999 | (f | ) | ||||||||||||||
| 10047 Virginia Ave. Chicago Ridge, IL | 240 | 960 | 0 | 12 | 240 | 972 | 1,212 | (51 | ) | 1994 | 1999 | (f | ) | ||||||||||||||
| 2440 Pratt Ave. Elk Grove Village, IL | 1,063 | 4,251 | 3 | 430 | 1,066 | 4,681 | 5,747 | (240 | ) | 1982 | 1999 | (f | ) | ||||||||||||||
| 1555 North Basswood Schaumburg, IL | 171 | 686 | 0 | 11 | 171 | 697 | 868 | (37 | ) | 1984 | 1999 | (f | ) | ||||||||||||||
| 1140 W. Thorndale Itasca, IL | 374 | 1,497 | 1 | 107 | 375 | 1,604 | 1,979 | (82 | ) | 1984 | 1999 | (f | ) | ||||||||||||||
| 1020-50 W. Thorndale Itasca, IL | 396 | 1,585 | 1 | 141 | 397 | 1,726 | 2,123 | (85 | ) | 1983 | 1999 | (f | ) | ||||||||||||||
| 1705-1775 Hubbard Ave. Batavia, IL | 234 | 936 | 0 | 63 | 234 | 999 | 1,233 | (54 | ) | 1985 | 1999 | (f | ) | ||||||||||||||
| 900 Paramount Parkway Batavia, IL | 250 | 1,001 | 2 | 18 | 252 | 1,019 | 1,271 | (54 | ) | 1986 | 1999 | (f | ) | ||||||||||||||
| 918 Paramount Parkway Batavia, IL | 70 | 279 | 0 | 37 | 70 | 316 | 386 | (16 | ) | 1987 | 1999 | (f | ) | ||||||||||||||
| 902 Paramount Batavia, IL | 99 | 394 | 0 | 34 | 99 | 428 | 527 | (23 | ) | 1987 | 1999 | (f | ) | ||||||||||||||
| 950 Paramount Parkway Batavia, IL | 120 | 482 | 0 | 20 | 120 | 502 | 622 | (27 | ) | 1987 | 1999 | (f | ) | ||||||||||||||
| 934 Paramount Parkway Batavia, IL | 82 | 326 | 0 | 18 | 82 | 344 | 426 | (18 | ) | 1987 | 1999 | (f | ) | ||||||||||||||
| 1324-40 Paramount Parkway Wood Dale, IL | 210 | 841 | 0 | 19 | 210 | 860 | 1,070 | (45 | ) | 1992 | 1999 | (f | ) | ||||||||||||||
| 1243-53 Naperville, Dr. Romeoville, IL | 526 | 2,102 | 0 | 20 | 526 | 2,122 | 2,648 | (112 | ) | 1994 | 1999 | (f | ) | ||||||||||||||
| | | | | Costs Capitalized Subsequent to Acquisition | Gross Amounts at Which Carried at Close of Period | | | | | Life Upon Which Depreciation In Latest Income Statement Is Computed | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | | Initial Costs | | | | | |||||||||||||||||||||
| Description | Encumbrances (e) | Land | Buildings and Improvements (a) | Land | Buildings and Improvements | Carrying Costs (b) | Land | Buildings and Improvements | Total (c) (d) | Accumulated Depreciation | Date of Construction | Date Acquired | |||||||||||||||
| 1200 Independence Blvd. Romeoville, IL | 342 | 1,367 | 0 | 15 | 342 | 1,382 | 1,724 | (73 | ) | 1983 | 1999 | (f | ) | ||||||||||||||
| 1277 Naperville Dr. Romeoville, IL | 246 | 983 | 0 | 18 | 246 | 1,001 | 1,247 | (53 | ) | 1992 | 1999 | (f | ) | ||||||||||||||
| 1265 Naperville Dr. Romeoville, IL | 571 | 2,285 | 1 | 109 | 572 | 2,394 | 2,966 | (122 | ) | 1996 | 1999 | (f | ) | ||||||||||||||
| 1287 Naperville Dr. Romeoville, IL | 440 | 1,760 | 0 | 18 | 440 | 1,778 | 2,218 | (94 | ) | 1997 | 1999 | (f | ) | ||||||||||||||
| 737 Fargo Ave. Elk Grove Village, IL | 460 | 1,841 | 12 | 85 | 472 | 1,926 | 2,398 | (91 | ) | 1975 | 1999 | (f | ) | ||||||||||||||
| 3511 W. Greentree Rd. Milwaukee, WI | 540 | 2,160 | 0 | 225 | 540 | 2,385 | 2,925 | (118 | ) | 1969-1971 | 1999 | (f | ) | ||||||||||||||
| 951 Fargo Ave. Elk Grove Village, IL | 954 | 2,470 | 0 | 1,559 | 954 | 4,029 | 4,983 | (159 | ) | 1973 | 1999 | (f | ) | ||||||||||||||
| 6736 W. Washington West Allis, WI | 814 | 3,585 | 3 | 101 | 817 | 3,686 | 4,503 | (204 | ) | 1998 | 1999 | (f | ) | ||||||||||||||
| 301 E. Vienna Milwaukee, WI | 1,005 | 4,022 | 22 | (5 | ) | 1,027 | 4,017 | 5,044 | (189 | ) | 1999 | 1999 | (f | ) | |||||||||||||
| 3602 N. Kennicott Arlington Heights, IL | 515 | 3,735 | 11 | 37 | 526 | 3,772 | 4,298 | (149 | ) | 1999 | 1999 | (f | ) | ||||||||||||||
| 317 W. Lake St. Northlake, IL | 2,735 | 10,940 | 0 | 910 | 2,735 | 11,850 | 14,585 | (485 | ) | 1972 | 1999 | (f | ) | ||||||||||||||
| 1500 W. Thorndale Ave. Itasca, IL | 328 | 1,312 | 0 | 81 | 328 | 1,393 | 1,721 | (41 | ) | 1991 | 1999 | (f | ) | ||||||||||||||
| 10801 W. Irving Park Rd Chicago, IL | 0 | 7,553 | 0 | 0 | 159 | 0 | 7,712 | 7,712 | (317 | ) | 1999 | 1999 | (f | ) | |||||||||||||
| 3450 W. Touhy Skokie, IL | 970 | 3,881 | 0 | 143 | 970 | 4,024 | 4,994 | (147 | ) | 1972 | 1999 | (f | ) | ||||||||||||||
| 11100 W. Silver Spring Rd. Milwaukee, WI | 986 | 3,945 | 0 | 47 | 986 | 3,992 | 4,978 | (140 | ) | 1968 | 1999 | (f | ) | ||||||||||||||
| 7525 West Industrial Dr. Forest Park, IL | 260 | 1,040 | 0 | 57 | 260 | 1,097 | 1,357 | (37 | ) | 1974 | 1999 | (f | ) | ||||||||||||||
| 875 Diggins St. Harvard, IL | 788 | 3,154 | 41 | 506 | 829 | 3,660 | 4,489 | (114 | ) | 1952 | 1999 | (f | ) | ||||||||||||||
| 3400 West Pratt Lincolnwood, IL | 1,638 | 6,554 | 22 | 3,267 | 1,660 | 9,821 | 11,481 | (260 | ) | 1955 | 1999 | (f | ) | ||||||||||||||
| 5200 Proviso Drive Melrose Park, IL | 52 | 208 | 0 | 234 | 52 | 442 | 494 | (13 | ) | 1982 | 2000 | (f | ) | ||||||||||||||
| 5000 Proviso Drive Melrose Park, IL | 2,809 | 11,236 | 0 | 739 | 2,809 | 11,975 | 14,784 | (384 | ) | 1982 | 2000 | (f | ) | ||||||||||||||
| 4700 Proviso Drive Melrose Park, IL | 3,168 | 12,673 | 0 | 265 | 3,168 | 12,938 | 16,106 | (408 | ) | 1982 | 2000 | (f | ) | ||||||||||||||
| | | | | Costs Capitalized Subsequent to Acquisition | Gross Amounts at Which Carried at Close of Period | | | | | Life Upon Which Depreciation In Latest Income Statement Is Computed | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | | Initial Costs | | | | | |||||||||||||||||||||
| Description | Encumbrances (e) | Land | Buildings and Improvements (a) | Land | Buildings and Improvements | Carrying Costs (b) | Land | Buildings and Improvements | Total (c) (d) | Accumulated Depreciation | Date of Construction | Date Acquired | |||||||||||||||
| 10700 Waveland Avenue Franklin Park, IL | 686 | 2,746 | 0 | 32 | 686 | 2,778 | 3,464 | (81 | ) | 1973 | 2000 | (f | ) | ||||||||||||||
| 5700 McDermott Berkeley, IL | 836 | 270 | 1,080 | 0 | 530 | 270 | 1,610 | 1,880 | (79 | ) | 1967 | 2000 | (f | ) | |||||||||||||
| 7000 Monroe St Willowbrook, IL | 1,153 | 3,013 | 0 | 0 | 1,153 | 3,013 | 4,166 | (81 | ) | 1999 | 2000 | (f | ) | ||||||||||||||
| 16750 South Vincennes South Holland, IL | 4,135 | 1,178 | 4,710 | 0 | 276 | 1,178 | 4,986 | 6,164 | (126 | ) | 1970 | 2000 | (f | ) | |||||||||||||
| 9700 S. Harlem Ave Bridgeview, IL | 576 | 2,304 | 0 | 56 | 576 | 2,360 | 2,936 | (62 | ) | 1969 | 2000 | (f | ) | ||||||||||||||
| 1810-1850 Northwestern Ave Gurnee, IL | 822 | 3,289 | 0 | 42 | 822 | 3,331 | 4,153 | (88 | ) | 1977 | 2000 | (f | ) | ||||||||||||||
| 3841 Swanson Court Gurnee, IL | 623 | 2,493 | 0 | 55 | 623 | 2,548 | 3,171 | (67 | ) | 1978 | 2000 | (f | ) | ||||||||||||||
| 6600 Industrial Drive Milwaukee, WI | 500 | 2,000 | 0 | 215 | 500 | 2,215 | 2,715 | (50 | ) | 1973 | 2000 | (f | ) | ||||||||||||||
| 1221 Grandview Parkway Yorkville, WI | 660 | 2,641 | 0 | 12 | 660 | 2,653 | 3,313 | (49 | ) | 2000 | 2000 | (f | ) | ||||||||||||||
| 8877 Union Center Road West Chester, OH | 5,579 | 37,577 | 0 | 42 | 5,579 | 37,619 | 43,198 | (1,792 | ) | 1999 | 2000 | (f | ) | ||||||||||||||
| 500 Wall Street Glendale Heights, IL | 1,610 | 6,440 | 0 | 148 | 1,610 | 6,588 | 8,198 | (121 | ) | 1989 | 2000 | (f | ) | ||||||||||||||
| 44-80 Old Higgins Road Des Plaines, IL | 303 | 1,213 | 0 | 33 | 303 | 1,246 | 1,549 | (23 | ) | 1981 | 2000 | (f | ) | ||||||||||||||
| 1000 Knell Drive Montgomery, IL | 280 | 6,643 | 0 | 414 | 280 | 7,057 | 7,337 | (110 | ) | 2000 | 2000 | (f | ) | ||||||||||||||
| 155 - 175 Armstrong Court Des Plaines, IL | 174 | 696 | 0 | 20 | 174 | 716 | 890 | (6 | ) | 1975 | 2000 | (f | ) | ||||||||||||||
| 115 W. Lake Street Glendale Heights, IL | 667 | 2,552 | 0 | 856 | 667 | 3,408 | 4,075 | (22 | ) | 1999 | 2000 | (f | ) | ||||||||||||||
| 1001 Busse Road Elk Grove Village, IL | 1,600 | 6,401 | 0 | 82 | 1,600 | 6,483 | 8,083 | (34 | ) | 1963 | 2000 | (f | ) | ||||||||||||||
| 600 W. Irving Park Road Bensenville, IL 60106 | 163 | 652 | 0 | 144 | 163 | 796 | 959 | (4 | ) | 1982 | 2000 | (f | ) | ||||||||||||||
| 145 Tower Road Burr Ridge, IL | 463 | 1,851 | 0 | 5 | 463 | 1,856 | 2,319 | (5 | ) | 1968 | 2000 | (f | ) | ||||||||||||||
| Construction In Progress: | |||||||||||||||||||||||||||
| 5480 W. 70th Bedford Park, IL | 475 | 4 | 0 | (4 | ) | 475 | 475 | 0 | |||||||||||||||||||
| 521 E. North Ave Glendale Heights, IL | 4,671 | 69 | 0 | 4,740 | 4,740 | 0 | |||||||||||||||||||||
| Joliet Arsenal Joliet, IL | 24,418 | 0 | 32,016 | 1,197 | 57,631 | 57,631 | 0 | ||||||||||||||||||||
| | | | | Costs Capitalized Subsequent to Acquisition | Gross Amounts at Which Carried at Close of Period | | | | | Life Upon Which Depreciation In Latest Income Statement Is Computed | |||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | | Initial Costs | | | | | |||||||||||||||||||||||||||||||
| Description | Encumbrances (e) | Land | Buildings and Improvements (a) | Land | Buildings and Improvements | Carrying Costs (b) | Land | Buildings and Improvements | Total (c) (d) | Accumulated Depreciation | Date of Construction | Date Acquired | |||||||||||||||||||||||||
| Retail Properties: | |||||||||||||||||||||||||||||||||||||
| 100 Old McHenry Road Wheeling, IL | 482 | 2,152 | 0 | 55 | 482 | 2,207 | 2,689 | (567 | ) | 1989-1990 | 1993 | (f | ) | ||||||||||||||||||||||||
| 351 N. Rohlwing Road Itasca, IL | 81 | 464 | 1 | 0 | 82 | 464 | 546 | (104 | ) | 1989 | 1993 | (f | ) | ||||||||||||||||||||||||
| 4-48 Barrington Road Streamwood, IL | 573 | 2,297 | (62 | ) | 144 | 511 | 2,441 | 2,952 | (555 | ) | 1989 | 1994 | (f | ) | |||||||||||||||||||||||
| Offices of the Management Company Chicago, IL | 675 | 15,918 | (526 | ) | (5,812 | ) | 513 | 149 | 10,619 | 10,768 | (6,681 | ) | (f | ) | |||||||||||||||||||||||
| Sub-totals | $ | 59,091.00 | $ | 162,644 | $ | 719,960 | $ | 412 | $ | 196,087 | $ | 5,709 | $ | 163,056 | $ | 921,756 | $ | 1,084,812 | $ | (98,956 | ) | ||||||||||||||||
| Assets Held for Sale | |||||||||||||||||||||||||||||||||||||
| 440 North Lake Street Miller, IN | 17,356 | 711 | 3,086 | 101 | 19,463 | 3,980 | 812 | 26,529 | 27,341 | (10,064 | ) | 1971/1990-1993 | 1990 | (f | ) | ||||||||||||||||||||||
| Totals | $ | 76,447 | $ | 163,355 | $ | 723,046 | $ | 513 | $ | 215,550 | $ | 9,689 | $ | 163,868 | $ | 948,285 | $ | 1,112,153 | $ | (109,020 | ) | ||||||||||||||||
CENTERPOINT PROPERTIES TRUST AND SUBSIDIARIES
SCHEDULE III (Continued)
(Dollars in thousands)
Notes to Schedule III:
- (a)
- Initial cost for each respective property is the total acquisition costs associated with its purchase.
- (b)
- Carrying costs consist of capitalized construction period interest, taxes and insurance.
- (c)
- At December 31, 2000, the aggregate cost of land and buildings and equipment for Federal income tax purposes was approximately $1,040,713.
- (d)
- Reconciliation of real estate and accumulated depreciation, including assets held for development:
Reconciliation of Real Estate
| | Year Ended December 31, | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| | 2000 | 1999 | 1998 | ||||||||
| Balance at the beginning of year | $ | 971,897 | $ | 768,857 | $ | 662,275 | |||||
| Additions | 207,184 | 256,264 | 143,342 | ||||||||
| Dispositions | (94,269 | ) | (53,224 | ) | (36,760 | ) | |||||
| Balance at close of year | $ | 1,084,812 | $ | 971,897 | $ | 768,857 | |||||
Reconciliation of Accumulated Depreciation and Amortization
| | Year Ended December 31, | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| | 2000 | 1999 | 1998 | ||||||||
| Balance at beginning of year | $ | 85,408 | $ | 62,257 | $ | 44,352 | |||||
| Depreciation and amortization | 30,529 | 25,485 | 20,151 | ||||||||
| Dispositions | (6,917 | ) | (2,334 | ) | (2,246 | ) | |||||
| Balance at close of year | $ | 109,020 | $ | 85,408 | $ | 62,257 | |||||
- (e)
- See description of encumbrances in Note 6 to Consolidated Financial Statements.
- (f)
- Depreciation is computed based upon the following estimated lives:
| Buildings, improvements and carrying costs | 31.5 to 40 years | |
| Land improvements | 15 years | |
| Furniture, fixtures and equipment | 4 to 15 years |
- (g)
- These 18 properties collateralize $50,000 of mortgage bonds payable.
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| CENTERPOINT PROPERTIES TRUST, a Maryland business trust | |||
By: | /s/ PAUL S. FISHER Paul S. Fisher, Executive Vice President and Chief Financial Officer | ||
13
CENTERPOINT PROPERTIES TRUST AND SUBSIDIARIES SCHEDULE III (Continued) (Dollars in thousands)
SIGNATURES