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Private real estate firm, Cohen Asset Management, Inc. Announces the disposition of a trophy asset-a 56,818 square foot, 100% leased multi-tenant air freight logistics building in Folcroft, Pennsylvania

Los Angeles, California (December 20, 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 Kaiser Industrial LLC, an affiliate of CAM sold a best in class 100% leased, air freight logistics building comprised of 56,818 square feet located at 401 Kaiser Drive in Folcroft Pennsylvania. This sale is consistent with CAM’s overall investment strategy which seeks opportunities to create additional value through its proven effective active asset management approach.

Jason Haas, Executive Vice President and Chief Operating Officer, stated, “Executing opportunistic sales of buildings in this environment at premium pricing is indicative of the value-add that CAM brings to it investors and with this sale, we look forward to recycling our investor’s capital into one of our Target Markets.”