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Pricing Supplement Dated January 7, 2000 Rule 424(b)(2)
(To Prospectus Dated April 13, 1998
and Prospectus Supplement dated October 23, 1998) File No. 333-49359
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CenterPoint Properties Trust
Medium-Term Notes -- Fixed Rate
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Agent: Lehman Brothers, BancOne Capital Markets, Banc of America
Securities, A.G. Edwards & Sons and First Union Securities
Principal Amount: $150,000,000.00
Agent's Discount
or Commission: $675,000.00
Net Proceeds to $149,050,500.00
Company:
Interest Rate: 7.969% per annum
Issue Date: 01/07/00
Maturity Date: 01/15/03
Interest Payment Dates: The 15th day of each January and July and at Maturity,
commencing July 15, 2000 and ending on the Maturity Date.
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Calculation Agent: CENTERPOINT
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Interest Calculation:
/X/ Regular Fixed Rate Note
Day Count Convention:
/ / Actual/360 for the period from / / to / /
/ / Actual/Actual for the period from / / to / /
/X/ 30/360 for the period from 03/10/99 to 03/15/04
Redemption:
/X/ The Notes cannot be redeemed prior to the Stated Maturity Date.
/ / The Notes may be redeemed prior to Stated Maturity Date.
/ / Initial Redemption Date:
Initial Redemption Percentage: ___%
Annual Redemption Percentage Reduction: ___% until Redemption
Percentage is 100% of the Principal Amount.
Repayment:
/X/ The Notes cannot be repaid prior to the Maturity Date.
/ / The Notes can be repaid prior to the Maturity Date at the
option of the holder of the Notes. (See Below)
/ / Option Repayment Date(s):
Repayment Price: ___%
Currency:
Specified Currency: U.S. (If other than U.S. dollars, see attached)
Minimum Denominations: (Applicable only if Specified Currency is
other than U.S. dollars)
Original Issue Discount: / / Yes /X/ No
Total Amount of OID: Yield to Maturity: 8.141
Form: /X/ Book-Entry / / Certificated
Other: / / Principal /X/ Agent
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