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AVENEL, N.J. — CenterPoint Properties has acquired a manufacturing and warehouse building at 11 Cragwood Road in Avenel for $25.2 million from a joint venture of Ivy Equities and CenterSquare Investment Management. Situated on nearly 20 acres, the 317,500-square-foot building has been fully leased to Gentek Building Products since the 1970s. Gary Gabriel, Andrew Merin, David Bernhaut, Kyle Schmidt, Brian Whitmer, Frank Caccavo and Jason Goldman of Cushman & Wakefield’s Metropolitan Area Capital Markets Group brokered the transaction.