Los Angeles, California (March 31, 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, today announced the sale of an industrial building comprised of approximately 52,000 square feet located at 14055 Laurelwood Place, in Chino, California – within Southern California’s Western Inland Empire.
Maxx Cohen, Director of Acquisitions, stated, “The successful sale of the asset reflects the efforts of our entire team and highlights the strong fundamentals and continued investor demand in the Southern California marketplace. From acquisition to disposition, the investment achieved our goal of providing investors with a stable, durable and recurring stream of passive income while optimizing disposition timing.” Mr. Cohen went on to state, “Executing dispositions in today’s environment at premium pricing is indicative of the value-add that CAM brings to its investors.”
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.