UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 144
NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
ATTENTION:Transmit for filing 3 copies of this form concurrently with either
placing an order with a broker to execute sale or executing a sale
directly with a market maker

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SEC USE ONLY
DOCUMENT SEQUENCE NO.
CUSIP NUMBER
WORK LOCATION


1(a)NAME OF ISSUER   (Please type or print)
CenterPoint Properties Trust
(b)   IRS IDENT. NO.
36-3910279
(c)   S.E.C. FILE NO.
1(d)ADDRESS OF ISSUER STREET CITY STATE ZIP CODE
1808 Swift Drive Oak Brook, IL 60523

(e)TELEPHONE
AREA CODE
(630)
NUMBERS
586-8000

2(a) NAME OF PERSON FOR WHOSE ACCOUNT THE SECURITIES ARE TO BE SOLD
 	Paul S. Fisher
(b)IRS IDENT. NO.
162-48-2807
(c)RELATIONSHIP TO ISSUER
DIRECTOR/OFFICER
(d)ADDRESS STREET CITY STATE ZIP CODE
1808 Swift Drive Oak Brook IL 60523
INSTRUCTION: The person filing this notice should contact the issuer
to obtain the I.R.S. identification Number and the S.E.C. File Number.
3(a) Title of the Class of Securities To Be Sold
Common
(b)Name and Address of Each Broker Through whom the Securities
Are To Be Offered or Each Market Maker who Is Acquiring the Securities
SEC USE ONLY

Merrill Lynch
33 W. Monroe
Chicago, IL 60603


(c)Number of Shares or Other Units To Be Sold
See instr. 3(c))
2,000
(d)Agggregate Market Value
(See instr. 3(d))
120,100
 (e)Number of Shares or Other Units Outstanding (See instr. 3(e))
23,067,336
(f)Approximate Date of Sale  (See instr. 3(f)) (MO.DAY YR.)
04/21/2003
(g)Name of Each Securities Exchange (See instr. 3(g))
NYSE
INSTRUCTIONS:
1. (a)Name of issuer
(a) Title of the class of securities to be sold
(b)Issuer's I.R.S. Identification Number
(b)Name and address of each broker through whom the securities are
intended to be sold
(c)Issuer's S.E.C. file number, if any
(c)Number of shares or other units to be sold
(if debt securities, give the aggregate face amount)
(d)Issuer's address, including zip code
(e)Issuer's telephone number, including area code
(d)Aggregate market value of the securities to be sold
as of a specified date within 10 days prior to the filing of this notice

2. (a)Name of person for whose account the securities are to be sold
(e) Number of shares or other units of the class outstanding, or if debt
securities the face amount thereof outstanding,
as shown by the most recent report or statement published by the issuer
(b)Such person's Social Security or I.R.S. identification number
(f) Approximate date on which the securities are to be sold
(c)Such person's relationship to the issuer
(e.g., officer, director, 10% stockholder,
or member of immediate family of any of the foregoing)
(g) Name of each securities exchange, if any, on which the securities
are intended to be sold

TABLE I - SECURITIES TO BE SOLD
Furnish the following information with
respect to the acquisition of the securities to be sold
and with respect to the payment of all or any part of the purchase
price or other consideration therefor:
Title of the Class
Common
Date you Acquired
03/10/1995
Nature of Acquisition Transaction
ISO
Name of Person from Whom Acquired
CenterPoint Properties Trust
(if gift, also give date donor acquired)
Amount of Securities Acquired
7,878
Date of Payment
n/a
Nature of Payment
n/a

1.If the securities were purchased and full payment therefor was not made
in cash at the time of purchase, explain in the table or in a note
thereto the nature of the consideration given.
If the consideration consisted of any note or other obligation,
or if payment was made in installments describe the arrangement and state
when the note or other obligation was discharged in full or the
last installment paid.
2.If within two years after the acquisition of the securities the person
for whose account they are to be sold had any short positions,
put or other option to dispose of securities referred to in paragraph
(d)(3) of Rule 144, furnish full information with respect thereto.

INSTRUCTIONS:

TABLE II - SECURITIES SOLD DURING THE PAST 3 MONTHS
Furnish the following information as to all securities of the issuer sold
during the past 3 months by the person for whose account the securities
are to be sold.
Name and Address of Seller
Title of Securities Sold
Date of Sale
Amount of Securities Sold
Gross Proceeds

REMARKS:
INSTRUCTIONS:
See the definition of "person" in paragraph (a) of Rule 144.
Information is to be given not only as to the person for whose account
the securities are to be sold but also as to all other persons included
in that definition. In addition, information shall be given as to sales
by all persons whose sales are required by
paragraph (e) of Rule 144 to be aggregated with sales for the account
of the person filing this notice.
ATTENTION:
The person for whose account the securities to which this notice relates
are to be sold hereby represents by signing this notice that he does not
know any material adverse information in regard to the current and
prospective operations of the Issuer of the securities to be sold which
has not been publicly disclosed.

DATE OF NOTICE
/s/  Paul S. Fisher
(SIGNATURE)

The notice shall be signed by the person for whose account the securities
are to be sold. At least one copy of the notice shall be manually signed.
Any copies not manually signed shall bear typed or printed signatures
ATTENTION:  Intentional misstatements or omission of facts constitute
Federal Criminal Violations (See 18 U.S.C. 1001)