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Private real estate firm, Cohen Asset Management, Inc. announces the disposition of a 365,868 square foot parcel of vacant land in Tolleson, Arizona

Los Angeles, California (April 15, 2019)

Cohen Asset Management, Inc. (the “Company” or “CAM)”, a private real estate investment firm focused on owning and operating industrial properties in select Target Markets, today announced that Cam Investment 379 LLC, an affiliate of CAM, disposed of a parcel of vacant land totaling approximately 8.39 acres located on the northwest corner of 83rd Avenue and Washington Street in Tolleson, Arizona.

Brandon Delf, Chief Investment Officer stated, “Executing an opportunistic sale of an individual asset within our portfolio at premium pricing represented an excellent disposition opportunity with the ability to redeploy our investor’s capital.” Mr. Delf went on to state, “Cohen Asset Management continues to maintain a portfolio of several real estate assets in Phoenix, Arizona; having acquired several million square feet over the past few years, and is currently looking for new opportunities to acquire functional assets in the Southwest sub market where this asset was located.”