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PRIVATE REAL ESTATE FIRM, COHEN ASSET MANAGEMENT, INC. ANNOUNCES THE DISPOSITION OF A FOOD GRADE, 100% LEASED INDUSTRIAL BUILDING IN TEMPE, ARIZONA  

Los Angeles, California (March 23, 2020)

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 CAM Investment 393 LLC, an affiliate of CAM sold a best in class food grade industrial building located at 1060 West Alameda Drive in Tempe, Arizona. This sale is consistent with CAM’s overall investment strategy which seeks opportunities to create additional value through its proven effective active asset management approach.

Brandon Delf, Executive Vice President and Chief Investment Officer, stated, “Executing opportunistic sales of buildings in this environment at premium pricing is indicative of the value-add that CAM brings to it investors and with this sale, we look forward to recycling our investor’s capital back into 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. With a primary focus being the industrial sector, Cohen Asset Management has an established history as an active owner-operator that is comprised of a team of seasoned real estate professionals who 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 (our customers), brokers, sellers and ultimately the buyers of our real estate when we monetize investments.