Los Angeles, California (August 9, 2022)

Cohen Asset Management, Inc. (the “Company” or “CAM)”, a private real estate investment firm focused on owning and operating industrial and logistics properties in select target markets, has acquired on an off-market basis a 100% leased, functional industrial and logistics building comprised of ~46,000 square feet located at 9701 Research Drive in Irvine, California.

Maxx Cohen, the Company’s Director of Acquisitions, stated “We are excited to add this property to our portfolio and believe this high image asset is well-positioned to benefit from the supply/demand imbalance that exists for industrial and logistics properties, especially in the coveted Irvine submarket of Orange County, California.” Mr. Cohen went on to say, “The property’s investment profile meets our mission of creating long‐term value as well as near term income returns for our investors, which we strive to achieve as we continue to aggressively pursue strategic investment opportunities in Southern California and our other target markets.”

About Cohen Asset Management

Cohen Asset Management is a premier private real estate investment firm that is headquartered in Southern California with regional offices in in Phoenix, Dallas, and Northern New Jersey. The firm has 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. The firm’s team of seasoned real estate professionals creates value for its investors and tenants by establishing mutually rewarding relationships within the real estate community and by taking a proactive, hands-on approach to all its investments.