CentrePoint Properties

What CentrePoint Properties does

CentrePoint Properties is a privately held opportunistic commercial real estate investment and asset management firm headquartered in Denver, Colorado. Founded in 2008 by CEO Tucker Manion, the firm identifies under-performing commercial real estate assets, repositions them through active asset management, and delivers returns to investors; it reports more than $400 million in assets under management across office, retail, industrial, multifamily, and mixed-use properties with current operations in Colorado and Arizona. The platform is built around two principal investment vehicles: legacy direct holdings under the CentrePoint brand and Canopy Fund I, a $75 million fund launched in 2023 that targets middle-market multifamily, industrial, and retail properties across the Western United States, with Canopy Fund II expected to launch in 2026.

CentrePoint operates as the local sponsor and operational entity for Canopy Real Estate Partners, a national brand and investment platform formed in partnership with industry veteran Jay Rollins; the partnership combines CentrePoint's Denver execution capability with Rollins' national perspective and LP reach. Revenue is generated through asset management fees on managed funds and portfolios and through investment returns from value-add acquisitions, with a go-to-market model built on discretionary capital, JV partnerships with local operators (such as TBBG Investments as the Arizona market partner), and direct institutional and individual investor relationships. The firm is not technology-led; there is no proprietary software, AI/ML capability, or platform product — the underlying "technology" is institutional underwriting, asset management discipline, and local deal-sourcing relationships.

Notable recent activity includes the July 2025 divestiture of a 2,041,772 SF Central Valley industrial portfolio to EQT Real Estate for more than $350 million, the December 2025 acquisition of Edgewater Public Market for $25.5 million, the October 2025 sale of a 17-acre Miami-Dade outdoor storage site to Outpost for $52.1 million, and the March 2026 acquisition of CJ Townhomes in Mesa, Arizona for $13.39 million. Leadership transitions include long-tenured CFO Christopher Papa's departure to Americold Realty Trust effective February 2026 and the addition of Brian Moran in a senior real estate development role.

Name

CentrePoint Properties

Legal name

CentrePoint Properties

Website

https://cpointproperties.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

1–10 employees

Short description

CentrePoint Properties is a privately held opportunistic commercial real estate investment and asset management firm headquartered in Denver, Colorado. Founded in 2008, it manages $400M+ in assets across middle-market multifamily, industrial, retail, and office properties, serving individual and institutional investors primarily through its Canopy Fund I platform in Colorado, Arizona, and the broader Western United States.

Ownership category

akta.pro rank

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Asset Management Fees: The firm generates revenue through asset management fees from managing investment funds and portfolios on behalf of investors.
2. Real Estate Investment Returns: Returns from value-add commercial real estate investments, acquiring under-performing assets, repositioning them, and generating growth in value through strategic asset management.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

CentrePoint Properties is a privately held opportunistic commercial real estate investment and asset management firm that identifies under-performing middle-market properties, acquires them, repositions them through hands-on asset management, and creates long-term value for investors. It operates Canopy Fund I ($75 million) and a planned Canopy Fund II as primary investment vehicles, targeting middle-market multifamily, industrial, and retail assets across the Western United States with current portfolio concentration in Colorado and Arizona.

Product overview

CentrePoint Properties operates as a privately held opportunistic commercial real estate investment and asset management firm with over $400 million in assets under management. The company functions as the local sponsor and operational entity for Canopy Real Estate Partners, which serves as the national brand and investment platform. Together, they offer Fund I ($75 million) and upcoming Fund II as their core investment vehicles, targeting middle-market value-add commercial real estate across the Western United States, with current portfolio holdings including office, retail, industrial, multifamily, and mixed-use properties primarily in Colorado and Arizona.

Differentiator

Problem solved

Functional benefit

Brands

• Canopy: National brand and investment platform operated in partnership with CentrePoint Properties, targeting middle-market real estate investments across the Western United States.

Products and services

• Canopy Fund I A $75 million investment fund that targets middle-market multifamily, industrial, and retail properties across the Western United States, focusing on opportunities where pricing is influenced by financing conditions and limited liquidity. It is offered to individual and institutional investors as a discretionary value-add real estate strategy.
• Canopy Real Estate Partners National brand and investment platform partnership with Jay Rollins, functioning as the public-facing investment vehicle for the CentrePoint-Canopy partnership. It scales the firm's middle-market investment strategy beyond Denver to a national audience and is the platform through which Canopy Fund I and the planned Canopy Fund II are offered.

Quantifiable outcome

• 18-20% internal rates of return projected for certain investments
• +1 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered minor and core.

• OutpostminorOthers · 1 October 2025Outpost expanded its industrial portfolio into Miami-Dade County by acquiring a 17-acre outdoor storage site for $52.1 million in an off-market deal. CentrePoint Properties sold the property to Outpost.
• EQT Real EstateminorOthers · 1 July 2025Colliers facilitated the sale of CentrePoint Properties' 2,041,772 SF Central Valley industrial portfolio to EQT Real Estate. The four-property portfolio valued in excess of $350 million represents the largest commercial acquisition in the Central Valley region.
• Denver-based CentrePoint PropertiesminorStrategic or Co-development Partner · 1 May 2025Denver-based CentrePoint Properties partnered with Canopy Real Estate Partners on the Gold's Marketplace acquisition in Wheat Ridge, Colorado. Plans to increase rents by 15-25 percent as below-market leases expire and projects 18-20 percent internal rates of return.
• TBBG InvestmentscoreStrategic or Co-development Partner · 1 March 2025Canopy Arizona multifamily 'Market Partner' TBBG Investments led the Mesa townhome transaction and will oversee day-to-day operations and implement the asset's business plan. TBBG provides local sourcing, operating, and execution capabilities while Canopy provides capital, structure, and institutional oversight.
• Jay Rollins / Canopy Real Estate PartnerscoreStrategic or Co-development Partner · 1 January 2023CentrePoint formed strategic partnership with industry veteran Jay Rollins to launch Canopy as the national brand and investment platform. CentrePoint remains the local sponsor in Denver, leading all local operations and execution for Canopy and its funds. The partnership leverages CentrePoint's deep local expertise and relationships, and Jay Rollins' national perspective and experience.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Westcore Properties: San Diego-headquartered industrial, office, and retail investor concentrated in Western US markets; mirrors CentrePoint's middle-market, multi-asset-class approach in overlapping geographies.
• Bluerock Real Estate: Middle-market real estate investment firm sponsoring institutional-quality funds targeting value-add multifamily and commercial assets — a direct analogue to Canopy Fund I's middle-market fund structure and target asset mix.
• Westbrook Partners: Opportunistic, value-add real estate investment firm focused on under-performing assets across multiple US markets — closely aligned with CentrePoint's opportunistic CRE strategy and repositioning thesis.
• Hackman Capital Partners: LA-based value-add investor specializing in industrial, retail, and creative/media properties across the Western US — directly comparable to CentrePoint's Central Valley industrial strategy and Western US retail/multifamily focus.
• Crow Holdings: Dallas-based diversified real estate investment firm investing capital across industrial, multifamily, office, retail, and mixed-use — directly overlapping CentrePoint's middle-market value-add playbook across multiple asset classes.

Emerging players

• Greystar Real Estate Partners: Largest US multifamily operator and investment manager — directly comparable on the multifamily portion of Canopy Fund I's mandate and CentrePoint's Mesa townhome / Mesa multifamily investments.
• Marcus & Millichap: Large CRE investment sales brokerage that connects buyers and sellers of middle-market commercial properties — overlapping with CentrePoint's acquisition and disposition channels; alumni of which now lead acquisitions at CentrePoint.

Broad incumbents

• CBRE Investment Management: Global CRE services and investment management arm of CBRE Group, managing institutional capital across all major asset classes — relevant incumbent competitor and also an indirect hiring pipeline for CentrePoint's property management team.
• Newmark Group: Global CRE services firm with investment sales, capital markets, and property management capabilities; multiple CentrePoint team members came from Newmark, illustrating shared talent pool and adjacent competitive overlap.
• JLL Capital Markets: Global real estate services and capital markets advisory platform — overlapping with CentrePoint on disposition advisory, capital placement, and middle-market investment sales activity.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/centre-point-properties
• Facebookfacebook.com/Centre-Point-Properties-145999942086335

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CentrePoint Properties