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Cohen Asset Management Leasing Activity; Q3 2021

Los Angeles, California (October 21, 2021)

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 new leases and amendments representing over 403,688 square feet on behalf of its affiliate companies to extend occupancy during the 3rd Quarter of 2021.

Phoenix, Arizona

CAM Investment 380 LLC executed a new lease with Tomarco Contractor Specialties, Inc. (“Tomarco”), for space located at 3545 South 28th Street in Phoenix, Arizona. CBRE represented the Landlord and Colliers International represented the Tenant in this industrial real estate transaction.

801 S 16th Industrial LLC executed a new lease with The City of Phoenix, for space located at 801 South 16th Street in Phoenix, Arizona. The City of Phoenix plans to utilize the warehouse space for PPE. CBRE represented the Landlord and Jones Lang LaSalle represented the Tenant in this industrial real estate transaction.

CI418 Landing 202 LLC executed a new lease with LiCycle Inc. (“LiCycle”) for space located at 7958 East Ray Road in Mesa, Arizona. LiCycle is a Canadian based company that provides end-of-life lithium-ion battery recycling solutions. CBRE represented the Landlord and EXP Realty represented the Tenant in this industrial real estate transaction.

 

U.S. REIF 3701 E University Drive Arizona LLC executed a lease renewal with FlipChip International, LLC (“FlipChip”), for space located at 3701 East University Drive, in Phoenix, Arizona. FlipChip’s Phoenix based facility is a state of the art, class 1000 clean room and the location serves as the company’s world headquarters building. Offering the industry’s broadest assortment of wafer bumping options, FlipChip, remains the leader in developing, and bringing to market the latest in bumping technology.

U.S. REIF 3701 E University Drive Arizona LLC executed a lease renewal with Mercury Systems, Inc. for space located at 3701 East University Drive, in Phoenix, Arizona. Mercury Systems, Inc. publicly traded on the Nasdaq as stock symbol MRCY is a global technology company that serves the aerospace and defense industry. CBRE represented the Tenant in this industrial real estate transaction.

Dallas, Texas

356 Midway Venture LLC recently executed a new lease with Kerfside LLC for space located at 7338 Dogwood Park in Richland Hills, Texas. Kerfside, LLC specializes in custom cabinet manufacturing and installation. Lincoln Property Company represented both the Landlord and the Tenant in the industrial real estate transaction.

356 Midway Venture LLC recently executed a new lease with ACT Moving Company, LLC for space located at 7356 Dogwood Park in Richland Hills, Texas. ACT Moving Company, LLC is a residential moving and delivery company. Lincoln Property Company represented both the Landlord and the Tenant in the industrial real estate transaction.

CAM Investment 351 LLC recently executed a lease extension with Solar City Corporation for space located at 10430 Shady Trail, Suite 108 in Dallas, Texas. Solar City Corporation is a national distributor of solar panels. Lincoln Property Company represented the Landlord and CBRE represented the Tenant in the industrial real estate transaction.

CAM Management 391 LLC recently executed a new lease with Denali Construction Services, LP for a space located at 1645 Wallace Street, Suite 100 in Dallas, Texas. Denali Construction Services, LP is a construction company that services the DFW Metroplex. Lincoln Property Company represented the Landlord and Rich Young Company represented the Tenant in the industrial real estate transaction.

Fairfield, New Jersey

4 Sperry Fairfield NJ, LLC recently executed a lease expansion with Parker Laboratories Inc. at 4 Sperry Road, Fairfield, New Jersey. Parker Laboratories, Inc. is the recognized world leader in manufacturing and marketing of accessories for the ultrasound and electromedical markets. Resource Realty represented both the Landlord and Tenant in this industrial real estate transaction.

Pine Brook, New Jersey

19 Chapin Pine Brook NJ Owner, LLC recently executed a lease extension with Samsung Electronics America, Inc. at 19 Chapin Road, Pine Brook, New Jersey. Samsung Electronics America, Inc. houses their R/D and Quality Control division for their electronic products out of this location. CBRE, Inc. represented the Tenant in this industrial real estate transaction.

10 Bloomfield A and B Pinebrook NJ, LLC recently executed a lease extension with Modular Architectural Interiors, LLC at 10 Bloomfield Avenue, Pine Brook, New Jersey. Modular Architectural Interiors, LLC is a leading producer of high-quality frame and tile systems, panel systems, glass walls and movable walls for the office and home. There were no brokers involved in this industrial real estate transaction.

Ridgefield, New Jersey

700 Grand SPE LLC recently executed a new lease with AL Global 7, Inc. located at 1050 Slocum Avenue, Ridgefield, New Jersey. AL Global 7, Inc. is a freight shipping and trucking company. 2Win Realty represented the Tenant in the industrial real estate transaction.

700 Grand SPE LLC recently executed a new lease with C&S Insurance, Inc. located at 700 Grand Avenue, Ridgefield, New Jersey. C&S Insurance, Inc. is a local insurance provider. Eastern Realty, Inc. represented the Tenant in the industrial real estate transaction.

700 Grand SPE LLC recently executed a lease extension with Structures & Foundations, LLC located at 700 Grand Avenue, Ridgefield, New Jersey. Structures & Foundations, LLC is a geotechnical and structural engineering firm providing consulting, special inspections, and design services to its customers. There were no brokers involved in this industrial real estate transaction.

700 Grand SPE LLC recently executed a lease extension with Sussman & Han, LLC located at 1050 Slocum Avenue, Ridgefield, New Jersey. Sussman & Han, LLC is a wholesale distributor of male and female garments. There were no brokers involved in this industrial real estate transaction.

700 Grand SPE LLC recently executed a lease extension with Connecorp, LLC located at 700 Grand Avenue, Ridgefield, New Jersey. Connecorp, LLC is a mail order fulfillment company. There were no brokers involved in this industrial real estate transaction.

700 Grand SPE LLC recently executed a lease extension with Scientific Photographic Services, Inc. located at 700 Grand Avenue, Ridgefield, New Jersey. Scientific Photographic Services, Inc. provides digital and graphic printing solutions to their customers. There were no brokers involved in this industrial real estate transaction.

Fairview, New Jersey

Fairview SPE LLC recently executed a lease extension with Home Excellence, Inc. located at 1 Broad Avenue, Fairview, New Jersey. Home Excellence, Inc. is a market leader in home décor specializing in Himalayan Salt products including Salt Lamps, Salt Blocks, Salt Tiles, Bath Salts and Gourmet Himalayan Salt products. 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.