(Los Angeles, CA, 03/21/2023) 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, announced the acquisition of a 120,000 square foot industrial and logistics facility located at 3750 South 156th Avenue in Goodyear, Arizona. The property is 100% leased to a credit tenant on a long-term basis.
Brandon Delf, Principal and Co-Chief Investment Officer stated, “There continues to be a big need amongst users for high-quality and mission-critical industrial and logistics properties today, and we are excited to add this state-of-the-art facility to our growing Arizona portfolio.” Mr. Delf went on to say, “This investment demonstrates our ability to source quality industrial opportunities in today’s competitive environment that we believe will generate stable and attractive yields for our investors. This property will be a prominent addition to our portfolio as we continue to pursue other strategic investment opportunities in the Phoenix marketplace, along with our other Target Markets throughout the country”.
About Cohen Asset Management
Cohen Asset Management, Inc. is a private real estate investment firm that is headquartered in Southern California with regional offices in Phoenix, Arizona, Dallas, Texas, and Northern New Jersey. The Company 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 Company’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.