Los Angeles, California (January 26, 2022)
Cohen Asset Management, Inc. (the “Company” or “CAM”) today announced the acquisition of two 100% leased, 120,728 square foot Class-A industrial facilities located at 7821-7889 Will Rogers Boulevard in Fort Worth, Texas. The buildings are currently leased to a diversified group of 6 primarily credit worthy tenants including Alcon Vision, Sharp Electronics, Graybar and Goodman Distribution.
Jason Haas, the Company’s Co-Chief Investment Officer stated, “CAM has a 20+ year history of owning and operating industrial and logistics properties within the Dallas-Fort Worth marketplace with over 6 million square feet currently under management in Texas, and we are excited to add these highly functional, shallow bay properties within the coveted infill submarket of South Fort Worth, Texas.” Mr. Haas went on to say, “We believe these properties are 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 these properties will be a prominent addition to our portfolio as we continue to pursue other strategic investment opportunities in the Dallas-Fort Worth marketplace”.
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 of its investments.