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Private real estate firm, Cohen Asset Management, Inc. announces the sale of a 41,000 square foot industrial building located in Richland Hills, Texas

Los Angeles, California (October 4, 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 356 Midway Venture LLC, an affiliate of CAM, disposed of an industrial building totaling approximately 41,340 square feet  located at 3000 Wesley Way in Richland Hills, Texas. The property was sold to an owner user and was acquired by Cohen Asset Management on behalf of 356 Midway Venture LLC in May 2018.

Jason Haas, Chief Operating Officer stated, “We are excited to have closed this sale to a highly motivated buyer who will make this building their home and to have achieved a terrific outcome for our investors.” Mr. Haas went on to state, “Cohen Asset Management continues to maintain a portfolio of several real estate assets in the Dallas/Fort Worth marketplace; having acquired several million square feet over the past few years, and is currently looking for new opportunities to acquire functional assets in the market where this asset was located.”