Los Angeles, California (October 1, 2019)
Cohen Asset Management, an owner operator of net leased income-producing industrial real estate, executed several new leases and amendments to extend occupancy during the 3rd Quarter of 2019.
Phoenix, Arizona
Cohen Asset Management, Inc., a Los Angeles based private equity real estate investment firm, on behalf of Horseheads Industrial Capital II LLC, executed a lease extension through August 31, 2025 with the Arizona Department of Child Safety (“AZDCS”) for space located at 1818 East Sky Harbor Circle North in Phoenix, Arizona. The AZDCS is a state agency charged with protecting Arizona’s children and pursuing safe permanent homes on their behalf. Its responsibilities include providing services to parents, family members, guardians or custodians aimed at strengthening the family unit.
Cohen Asset Management, Inc., a Los Angeles based private equity real estate investment firm, on behalf of 801 South 16th Industrial LLC, executed a lease extension through August 31, 2025 with the Arizona Department of Corrections (“AZDOC”) for space located at 801 South 16th Street in Phoenix, Arizona. AZDOC serves and protects the people of Arizona by securely incarcerating convicted felons and by providing structured programming designed to promote inmate accountability and successful community reintegration.
Cohen Asset Management, Inc., a Los Angeles based private equity real estate investment firm, on behalf of 801 South 16th Industrial LLC, executed a short-term lease extension with Global Crossing Telecommunications, Inc., (“GCT”) for space located at 801 South 16th Street in Phoenix, Arizona. GCT provides local, national and global communications services to enterprise, government and carrier customers.
Dallas, Texas
Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of its affiliate CAM Investment 351 LLC and Alda West LLC, executed a new lease with Atmos Energy Corporation, located at 10460 Shady Trail in Dallas, Texas. Atmos Energy Corporation, headquartered in Dallas, Texas, is one of the United States’ largest natural-gas-only distributors, serving about three million natural gas distribution customers in over 1,400 communities in nine states from the Blue Ridge Mountains in the East to the Rocky Mountains in the West. Atmos Energy Corporation is a public company (NYSE: ATO). Alan Harrington, Transwestern Commercial Real Estate represented the Tenant and Gil Stroube of Lincoln Property Company represented the Landlord in the industrial real estate transaction.
Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of CAM Investment 351 LLC and Alda West LLC executed a lease extension with Modernfold Door & Specialties of Dallas/Fort Worth, Inc. located at 10430 Shady Trail in Dallas, Texas. Modernfold Door & Specialties’ provides accordion and bi-folding doors, folding partition and operable (movable) wall solutions throughout the Dallas/Fort Worth metroplex. Modernfold has operated a service location at this site since 2007. Corby Hodgkiss of Mercer Company represented the Tenant and Gil Stroube of Lincoln Property Company represented the Landlord in the industrial real estate transaction.
Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of CAM Investment 351 LLC and Alda West LLC executed a lease expansion with AM Delivery and Trucking, Inc. located at 10430 Shady Trail in Dallas, Texas. AM Delivery and Trucking is a licensed and bonded freight shipping and trucking company out of Dallas. Gil Stroube of Lincoln Property Company represented the Tenant and Landlord in the industrial real estate transaction.
Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of its affiliate CAM Pinnacle Industrial LLC executed a lease extension with Tailored Shared Services, LLC (successor-in-interest to The Men’s Wearhouse, Inc.), Inc at 1444 Cockrell Hill Road in Dallas, Texas. Tailored Shared Services, LLC offers training of tailors and sales staff for The Men’s Wearhouse stores and distributes Tuxedo Rentals through-out Texas. Tailored Shared Services, LLC is 100% owned by The Men’s Wearhouse under the parent Tailored Brands, Inc. Tailored Brands, Inc. is a U.S. based retail holding company for various men’s apparel stores. The company is headquartered in Houston, Texas, with additional corporate offices in Fremont, California. Gil Stroube of Lincoln Property Company represented the Landlord and Tenant in the industrial real estate transaction.
Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of its affiliate 356 Midway Venture LLC, recently executed a new lease with RF Technologies, Inc. located 7439 Airport Freeway in Richland Hills, Texas. RF Technologies, Inc specializes in support services and equipment for drive-thru restaurants. Payne LaPosta of TenantBase, Inc. represented the tenant and Gil Stroube of Lincoln Property Company represented the Landlord in the industrial real estate transaction.
Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of its affiliate 356 Midway Venture LLC, recently executed a new lease with SAL Community Outreach, located at 7359 Airport Freeway in Richland Hills, Texas. SAL Community Outreach is a non-profit organization specializing in support services for Veterans. Gil Stroube of Lincoln Property Company represented the Landlord and the Tenant in the industrial real estate transaction.
Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of its affiliate 356 Midway Venture LLC, recently executed a lease renewal with Southwest Metrofuel, located at 7450 Dogwood Park in Richland Hills, Texas. Southwest Metrofuel specializes in engine parts and repairs. Gil Stroube of Lincoln Property Company represented the Landlord and the Tenant in the industrial real estate transaction.
Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of its affiliate 356 Midway Venture LLC, recently executed a renewal lease with Rick Boucher, Inc. located at 7431-A Dogwood Park in Richland Hills, Texas. Rick Boucher, Inc. dba Equipro, specializes in the sale and distribution of industrial equipment and parts. Gil Stroube of Lincoln Property Company represented the Landlord and Michael Newsome of NAI Robert Lynn represented the tenant in the industrial real estate transaction.
Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of its affiliate 356 Midway Venture LLC, recently executed a lease renewal and relocation with Aero Energy Electric, located at 7360 Dogwood Park in Richland Hills, Texas. Aero Energy Electric specializes in electrical contract services. Gil Stroube of Lincoln Property Company represented the Landlord and the Tenant in the industrial real estate transaction.
Folcroft, PA
Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of its affiliate Kaiser Industrial LLC executed a new lease amendment with Pilot Air Freight, LLC located at 401 Kaiser Drive, Folcroft, PA. Pilot Air Freight, LLC is a full-service global transportation and logistics company with over 75 locations throughout North America, western European operations, and administration offices in the Netherlands and Spain. Patrick Gallagher of Jones Lang LaSalle represented the Tenant and Colin Flynn of The Flynn Company represented the Landlord in the industrial real estate transaction.