Cohen Asset Management, Inc., Announces the Disposition of Final Property in Six-Industrial Property Portfolio located in Southern California  
Los Angeles, California (June 12, 2012)
Cohen Asset Management, Inc., a Los Angeles based industrial and commercial real estate investment firm, announced the sale of 1530 Moonstone Street located at the Brea Canyon Commerce Center in the Brea submarket of Orange County, California. The institutional quality property was acquired by a private investor based in Southern California, which has plans to occupy the building in support of its own business. The sale concludes a very successful value-added play completed in 22 months by Cohen Asset Management involving the repositioning and subsequent disposition of the six-building portfolio previously owned and occupied by a corporate user.
Cohen Asset Management, a private real estate investment firm, acquired the property in 2010 as part of a six-property portfolio acquisition from Simpson Strong Tie who previously utilized the buildings for its manufacturing and distribution uses. Cohen immediately completed certain improvements focused on both functional and cosmetic upgrades and rebranded the portfolio as Brea Canyon Commerce Center with the goal of repositioning the assets for individual owner/user sales; providing an excellent opportunity for the value-added active asset management style at which Cohen Asset Management excels.
 “With the completion of the disposition of this asset, we now have repositioned, marketed, and sold all six of the industrial buildings we acquired in this portfolio acquisition from Simpson. Our investment premise for the Brea Canyon Commerce Center played out as we were able to execute all building sales to users who were piggybacking on aggressive SBA financing and the upswing in the economy. Cohen Asset Management continues to seek real property investment opportunities in Southern California where our repositioning skills and active asset management style will benefit the real estate, the community, and our investors” said Brandon Delf, CIO and Executive Vice President of Cohen Asset Management.
About Cohen Asset Management

Cohen Asset Management, Inc., is a private commercial and industrial real estate investment firm. The firm’s relationships extend to high net worth individuals, institutional investors and domestic business entities. The private real estate investment firm is an active operator and investor of commercial and industrial real estate assets and has a well-established reputation as a value added investor focusing on commercial and industrial real estate opportunities that are inefficiently priced due to a variety of circumstances such as vacancies, rollover risk, sub-optimal management, inefficient current use, deferred maintenance, long-term undervalued leases or other unfavorable property and market conditions.