Los Angeles, California (April 1, 2022)
Cohen Asset Management, a Los Angeles based private equity real estate investment firm and an owner-operator of income-producing industrial and logistics real estate, executed the following new leases and amendments on behalf of its affiliate companies during the 1st Quarter of 2022.
Phoenix, Arizona
Novi Tolleson TIC Member LLC executed a lease renewal with Phoenix Newspapers, Inc. for space located at 8399 West Van Buren Street, in Tolleson, Arizona. Phoenix Newspapers, Inc. serves customers throughout the United States offering newspapers, magazines, periodicals, and other articles. CBRE represented Landlord and Tenant in this industrial real estate transaction.
Dallas, Texas
356 Midway Venture LLC recently executed a new lease with Waukesha-Pearce Industries, LLC at 7347 Tower Street in Richland Hills, Texas. Waukesha-Pearce Industries, LLC specializes in distribution and storage of power generation equipment throughout the United States and Canada. Lincoln Property Company represented the Landlord in the transaction and NAI Robert Lynn represented the Tenant.
356 Midway Venture LLC recently executed a new lease with Edge Construction, LLC at 7346 Tower Street in Richland Hills, Texas. Edge Construction specializes in new and existing construction throughout Texas. Lincoln Property Company represented the Landlord and Tenant in the transaction.
356 Midway Venture LLC recently executed a new lease with Lincare, Inc. at 7347 Tower Street in Richland Hills, Texas. Lincare, Inc. specializes in home care for respiratory needs throughout the United States. Lincoln Property Company represented the Landlord in the transaction and Keller Williams Commercial represented the Tenant.
Valwood Portfolio 391 LLC recently executed a new lease with Heat Transfer Solutions Inc. at 1645 Wallace Street in Carrollton, Texas. Heat Transfer Solutions Inc. is the largest independent build-to-order commercial and industrial full-service HVAC distributor in North America. Lincoln Property Company represented the Landlord in the transaction and Avison Young-Texas, LLC represented the Tenant.
CAM Pinnacle Industrial LLC recently executed a new lease with Aligned Designer Solutions, LLC at 4310 Adler Drive in Dallas, Texas. Aligned Designer Solutions, LLC specializes in the inventory management of art. Lincoln Property Company represented the Landlord and Tenant in the transaction.
JIC Grand National LLC recently executed a new lease with Word Tiana Marketplace, LLC at 8360 Fallbrook Drive in Houston, Texas. Word Tiana Marketplace, LLC specializes in management services for warehousing, sorting, packaging, and order delivery for e-commerce clients. Cushman and Wakefield represented the Landlord in the transaction and JLL represented the Tenant.
Pine Brook, New Jersey
1 Chapin Pine Brook NJ, LLC recently executed a new lease with Sunco & Frenchie, LLC at 1 Chapin Road, Pine Brook, New Jersey. Sunco & Frenchie, LLC source, produce and distribute the highest quality and most nutritional snack nuts, fruits, and seeds from all over the world in a state-of-the-art manufacturing facility. Cresa Global, Inc. represented the Tenant in this industrial real estate transaction.
Secaucus, New Jersey
Secaucus SPE, LLC recently executed a lease extension with Public Service Electric & Gas Company located at 515 Secaucus Road, Secaucus, New Jersey. Public Service Electric & Gas Company is a regulated gas and electric utility company established in 1928 serving the state of New Jersey and it is New Jersey’s oldest and largest investor-owned utility company. American Properties, Inc. represented the Tenant in the industrial real estate transaction.
Palisades Park, New Jersey
Palisades Park SPE LLC recently executed a lease extension with Delice Global located at 150 Roosevelt Place, Palisades Park, New Jersey. Delice Global is a manufacturer of bakery and grain snack machines for their own exclusive product brand of snacks. There were no brokers involved in this industrial real estate transaction.
Carlstadt, New Jersey
Carlstadt SPE LLC recently executed a lease extension with Total Tech Solutions, Inc. located at 49 Commerce Road, Carlstadt, New Jersey. Total Tech Solutions, Inc. is a service center of electronics that provides logistics, customer/technical support, and repair/refurbishment services to consumer and electronics manufacturers. There were no brokers involved in this industrial real estate transaction.
Who We Are
Cohen Asset Management is a premier private real estate investment firm that is headquartered in Southern California with a regional office in 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 of its investments.