Cohen Asset Management, Inc., Announces the Disposition of an Industrial Property located in Rancho Cucamonga, California  

Los Angeles, California (August 29, 2013)

Jersey Industrial Capital LLC, an affiliate of Cohen Asset Management, Inc., a Los Angeles based industrial and commercial real estate firm, announced the sale of 11096 Jersey Boulevard, an approximate 127,000 square foot industrial building located in Rancho Cucamonga, California. The institutional quality property was acquired by Cohen Asset Management on behalf of Jersey Industrial Capital LLC in 2007 and has been occupied by the original two tenants since the time of acquisition.

About Cohen Asset Management

Cohen Asset Management, Inc. is a private commercial and industrial real estate investment firm. Established in 1992 and strategically headquartered in Southern California with a regional office in Northern New Jersey, Cohen Asset Management, Inc. is a proven, national real estate owner and operator with a primary focus on the industrial real estate sector. 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.