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Cohen Asset Management Leasing Activity; Q4 2023

Los Angeles, California (December 31, 2023)

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 4th Quarter of 2023.

Phoenix, Arizona

JIC Avondale LLC executed a lease with RXO Last Mile, Inc. at 855 North 107th Avenue, Avondale, Arizona. RXO is a last mile provider that arranges over 11 million last mile deliveries per year across various retailers. Kidder Mathews represented Landlord and Russell Perry represented the Tenant in this industrial real estate transaction.

Chilton Cowan Industrial LLC executed a lease renewal with Scholastic Book Fairs, Inc. at 5120 West Buckeye Road, Phoenix, Arizona. Scholastic is a known name for childhood books fairs. Colliers represented Landlord and Jones Lang LaSalle represented the Tenant in this industrial real estate transaction.

CI450 North 47th LLC executed a lease with Lamar Advertising Company for the billboard space at 1115 North 47th Avenue, Phoenix, Arizona. Lamar Advertising Company provides outdoor advertising space for clients on billboards.

Dallas, Texas

356 Midway Venture LLC recently executed a new lease with Special Olympics at 7441 Tower Street in Richland Hills, Texas. Special Olympics offers 30-plus Olympic-style individual and team sports that provide meaningful training and competition opportunities for persons with intellectual disabilities. Lincoln Property Company represented both the landlord and tenant in this transaction.

356 Midway Venture LLC recently executed a new lease with Virtue Realty at 7352 Dogwood Park in Richland Hills, Texas. Virtue Realty specializes in local residential real estate transactions.  Lincoln Property Company represented both the landlord and tenant in this transaction.

CI338 Carter LLC recently executed a renewal with AG Integrated Technologies Inc. Special Olympics at 7873 Will Rogers Boulevard in Forth Worth Texas. AG Integrated specializes in logistics management for multiple products throughout Texas.  Holt Lunsford Commercial Inc represented the landlord and Rubicon Representation LLC represented the tenant in this transaction.

CAM Investment 351 LLC recently executed a renewal with PBE Jobbers Warehouse Inc. at 10390 Shade Trail Drive in Dallas, Texas. PBE Jobbers specializes in logistics management for multiple products throughout Texas. Lincoln Property Company represented the landlord and tenant in this transaction.

CAM Investment 351 LLC recently executed a renewal with Smoke Hub 10430 Shade Trail Drive in Dallas, Texas. Smoke Hub specializes in logistics management for electronic tobacco products throughout Texas. Lincoln Property Company represented the landlord and tenant in this transaction.

CAM Investment 351 LLC recently executed a renewal with AM Delivery and Trucking Inc. 10430 Shade Trail Drive in Dallas. AM Delivery specializes in residential freight delivery. Lincoln Property Company represented the landlord and LaSalle Brokerage Inc. represented the tenant in this transaction.

Jersey City, New Jersey

Clearwater Industrial Owner, LLC recently executed a lease extension with Blue Triton Brands, Inc. at 111-135 Thomas McGovern Drive in Jersey City, New Jersey. Blue Triton Brands, Inc. is distributor of bottled water and related products.  There were no brokers involved in this industrial real estate transaction.

Pine Brook, New Jersey

10 Bloomfield A and B Pine Brook NJ, LLC recently executed a lease extension with Quten Research Institute at 10 Bloomfield Avenue in Pine Brook, New Jersey. Quten Research Institute is a manufacturer and distributor of the dietary supplement Qunol. Evergreen Commercial Real Estate represented the Tenant in this industrial real estate transaction.

10 Bloomfield A and B Pine Brook NJ, LLC recently executed a lease extension with Auto Clear, LLC at 10 Bloomfield Avenue in Pine Brook, New Jersey. Auto Clear, LLC specializes in the design, manufacture, and support for high-quality security systems through X-ray scanners, metal detection, and the advanced detection of trace particulate vapor explosives and narcotics. There were no brokers involved in this industrial real estate transaction.

1 Chapin Pine Brook NJ, LLC recently executed a lease extension with Medlink Imaging, LLC at 1 Chapin Road in Pine Brook, New Jersey. Medlink Imaging, LLC is a distributor of radiographic products in the medical imaging market. Bespoke Commercial Real Estate represented the Tenant in this industrial real estate transaction.

1 Chapin Pine Brook NJ, LLC recently executed a lease extension with Tesla, Inc. at 1 Chapin Road in Pine Brook, New Jersey. Tesla, Inc. manufactures battery operated automobiles. CBRE, Inc.  represented the Tenant in this industrial real estate transaction.

Fairfield, New Jersey

180 Passaic A and B Fairfield NJ, LLC recently executed a lease extension and expansion with Wallpaper Imports, Inc. at 180 Passaic Avenue in Fairfield, New Jersey. Wallpaper Imports, Inc.  is a distributor of high-end wallpaper and design services.  Resource Realty represented the Tenant in this industrial real estate transaction.

Englewood, New Jersey

Englewood SPE, LLC recently executed a lease extension with AMD Fine Linens located at 475 South Dean Street in Englewood, New Jersey. AMD Fine Linens provides luxury linens to hotels and retail stores across North America since 1991.  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 in Fairview, New Jersey. Home Excellence, Inc.  is a leading importer of the finest quality Himalayan rock salt products. There were no brokers involved in this industrial real estate transaction.

Melville, New York

80 Ruland Road Owner, LLC recently executed a lease extension with Aramis, Inc., a division of the Estee Lauder Companies located at 80 Ruland Road in Melville, New York. Aramis, Inc. manufacturers and markets fragrances and grooming products for men.  Racanelli, Becker & Associates, LLC represented Landlord and Paragon Group, LLC represented the Tenant 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 regional offices in Phoenix, Dallas-Fort Worth and Northern New Jersey. The firm has an established history as a prominent and active owner-operator spanning several decades with a singular 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.