News

PRIVATE REAL ESTATE FIRM, COHEN ASSET MANAGEMENT, INC. ANNOUNCES THE ACQUISITION OF A 325,000 SQUARE FOOT, 100% LEASED INDUSTRIAL BUILDING IN PHOENIX, ARIZONA  

Cohen Asset Management, Inc. (the “Company” or “CAM)”, a private real estate investment firm focused on owning and operating industrial properties in select Target Markets, today announced that Kaiser Industrial LLC, an affiliate of CAM, acquired a Class A industrial building comprised of  approximately 325,000 square feet situated on approximately 18.7 acres of land (~40% site coverage ratio) located at 7400 West Buckeye Road in Phoenix, Arizona. The property is 100% leased to two tenants and is in the highly desirable Southwest Valley of the Phoenix MSA featuring regional and international tenants from a diverse mix of industries.  CAM has owned over 50 buildings in Phoenix and in the current investment cycle has acquired 6+ million square feet of space in the greater Phoenix marketplace, and currently has a footprint of 30 buildings and 68 acres of industrial zoned land.

Brandon Delf, Vice President and CIO stated, “We are excited to add another modern industrial building to our growing Phoenix portfolio as we continue to expand our footprint in the Phoenix marketplace with this acquisition.  We will continue to aggressively seek opportunities to acquire properties possessing superior locations and functionality for the markets they serve". Mr. Delf went on to say, “Our mission is to create long‐term value as well as near term income returns for our investors, and this project will be a prominent addition to our portfolio as we continue to pursue other strategic investment opportunities in the Phoenix marketplace”. 

Who We Are

Cohen Asset Management is a private real estate investment firm that is headquartered in Southern California with a regional office in Northern New Jersey. We have an established history as a prominent and active owner-operator spanning several decades with a focus on the industrial and logistics sector, including fulfillment, warehouse and distribution centers, manufacturing facilities and infill/last mile properties aimed at providing solutions for the growing 21st century e-commerce economy and global supply chain.  

Our team of seasoned real estate professionals create value for our investors by establishing mutually rewarding relationships within the industrial real estate community in each of our Target Markets, particularly with tenants, brokers, sellers and ultimately the buyers of our real estate when we monetize investments.