UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of ~~The~~the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~June~~ 9July 1, 2005

CENTERPOINT PROPERTIES TRUST (Exact name of registrant as specified in its charter)

(Exact name of registrant as specified in its charter)

Maryland		1-12630		36-3910279
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

~~Maryland~~1808 ~~(State~~Swift orRoad, ~~other~~Oak ~~jurisdiction~~Brook, ~~of incorporation or organization) 1-12630~~ Illinois 60523 (~~Commission~~Address ~~File~~of ~~Number)~~principal ~~36-3910279~~executive ~~(I.R.S.~~offices, ~~Employer~~including Zip ~~Identification No.~~Code)

~~1808~~(630) 586-8000 ~~Swift~~(Registrant’s ~~Road~~telephone number, ~~Oak~~including ~~Brook,~~area ~~Illinois 60523~~code)

(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (630) 586-8000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 51.0201 ~~Departure~~Entry ofinto ~~Directors~~a orMaterial ~~Principal~~Definitive ~~Officers~~Agreement.

On ~~June~~May 19, 92005, CenterPoint Properties Trust (“CenterPoint”) filed a Current Report on Form 8-K reporting that CenterPoint’s Board of Trustees had authorized new five-year employment and severance agreements for certain of its senior executive officers. On July 1, 2005, CenterPoint entered into employment and severance agreements with the ~~Company~~following ~~advised~~officers: Michael M. Mullen, Chief Executive Officer; Paul TS. ~~Ahern~~Fisher, President and Chief Financial Officer; Rockford O. Kottka, Executive Vice President and Chief ~~Operating~~ Accounting Officer; ofJames ~~the~~N. ~~Company~~Clewlow, ~~that~~Executive ~~the~~Vice ~~Company~~President ~~will~~and ~~treat~~Chief Investment MrOfficer; Sean P. ~~Ahern~~Maher, asSenior ~~having resigned~~Vice ~~from~~President, ~~the~~Development; ~~Company~~Michael P. asMurphy, ofSenior ~~May~~Vice 15President, ~~2005~~Development; Fred D. ~~However~~ Reynolds, inSenior aVice President, ~~lawsuit~~Development; ~~filed~~and byStephen MrL. ~~Ahern~~Schlader, heSenior ~~has~~Vice ~~taken~~President, Construction. A ~~the~~brief ~~position~~description ~~that~~of the hematerial ~~was~~terms ~~constructively~~and ~~terminated~~conditions byof each agreement was included in the ~~Company~~Current Report on ~~April~~Form 8-K 13filed on May 19, 2005. OnThe ~~June~~agreements 15for Messrs. Mullen, Fisher, ~~2005~~Kottka, ~~the~~Clewlow ~~Company~~and ~~issued~~Maher, and a ~~press release~~form ~~regarding~~of ~~these~~the ~~matters,~~agreement afor ~~copy~~Messrs. Murphy, Reynolds ofand ~~which~~Schlader, isare attached ~~hereto~~as ~~and~~exhibits ~~filed~~to ~~herewith~~this report.

Item 9.01 Financial Statements and Exhibits.

The list of exhibits in the Exhibit Index to this report is incorporated herein by reference.

~~SIGNATURES~~2

~~Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.~~SIGNATURES

	CENTERPOINT PROPERTIES TRUST
	a Maryland business trust
Dated: June 15, 2005	By	/s/ Michael M. Mullen
		Michael M. Mullen
		Chief Executive Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

EXHIBIT INDEX

	CENTERPOINT PROPERTIES TRUST
	a Maryland business trust


	/s/ Daniel J. Hemmer
Date: July 1, 2005	Name:	Daniel J. Hemmer
	Title:	Secretary

Exhibit No.		Description
99.1		Press release dated June 15, 2005

EXHIBIT INDEX

Exhibit No.		Description

10.1		Employment and Severance Agreement dated as of July 1, 2005 by and between Michael M. Mullen and CenterPoint Properties Trust

10.2		Employment and Severance Agreement dated as of July 1, 2005 by and between Paul S. Fisher and CenterPoint Properties Trust

10.3		Employment and Severance Agreement dated as of July 1, 2005 by and between Rockford O. Kottka and CenterPoint Properties Trust

10.4		Employment and Severance Agreement dated as of July 1, 2005 by and between James N. Clewlow and CenterPoint Properties Trust

10.5		Employment and Severance Agreement dated as of July 1, 2005 by and between Sean P. Maher and CenterPoint Properties Trust

10.6		Form of Employment and Severance Agreement dated as of July 1, 2005 by and between CenterPoint Properties Trust and each of Michael P. Murphy, Fred D. Reynolds and Stephen L. Schlader

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