Los Angeles, California (August 29, 2024)

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 on an off-market basis of a five-building, multi-tenant industrial and logistics property, commonly known as “I-30 MacArthur Business Center”. The Property is 100% leased to a diversified mix of 8 national and regional tenants and totals 208,743 square feet in the heart of the Dallas-Fort Worth metroplex.

Jason Haas, the Company’s Co-Chief Investment Officer stated, “This was a rare opportunity to acquire five newly constructed, best-in-class industrial properties targeting smaller users with significant freeway frontage visibility along I-30, the main east-west freeway connecting Dallas and Ft. Worth.  We are excited to add this property, fully leased to a diverse group of tenants, to our growing portfolio as we continue to expand our footprint in the Dallas-Ft. Worth marketplace with over 8.5 million square feet currently under management in Texas. Mr. Haas went on to say, “We believe this property is well-positioned to benefit from the continued supply/demand imbalance – both from investors and occupiers – that exists for Class-A industrial and logistics properties in prime, infill locations; and, our mission is to create long‐term value as well as near term income returns for our investors, and this property will be a prominent addition to our portfolio as we continue to pursue other strategic investment opportunities in the Texas marketplace”.

Cohen Asset Management is a premier private real estate investment firm that is headquartered in Southern California with regional offices 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.