News

COHEN ASSET MANAGEMENT LEASING ACTIVITY; Q2 2016  

Cohen Asset Management, an owner/operator of net leased income-producing industrial real estate, signed one lease extension and two new leases during the 2nd Quarter of 2016.

Phoenix, Arizona

Cohen Asset Management, Inc., a Los Angeles based private equity real estate investment firm, on behalf of Jersey Industrial Capital LLC, entered into a new fifteen (15) year lease with Nestlé Waters North America, Inc. for approximately 395,000 square feet at 1635 South 43rd Avenue in Phoenix, Arizona.  Nestlé Waters North America is an affiliate of Paris-based Nestlé Waters, the world's largest bottled water company. Nestlé Waters serves customers in 130 countries, with 52 well-known bottled water brands and is, in turn, a subsidiary of the world's largest food company, Nestlé, S.A, based in Vevey, Switzerland.   Patrick J. Feeney of CBRE represented the Tenant in the industrial real estate transaction.

Coppell, Texas

Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of CAM 700 Freeport Parkway LLC, entered into a sixty-two (62) month lease renewal with Stiles Machinery, Inc. for approximately 32,000 square feet at 800 Freeport Parkway in Coppell, Texas. Stiles Machinery Inc., is the world’s largest independent distributor of advanced CNC equipment for processing wood panels, solid wood, wood composites, plastic, carbon fiber, glass, stone and nonferrous metals.  Ryan Boozer of Stream Realty Partners – DFW, L.P. represented the tenant and Michael Peinado of Lincoln Property Company represented the landlord in the industrial real estate transaction.

Coppell, Texas

Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of CAM 700 Freeport Parkway LLC, entered into a new sixty-three (63) month lease with Linton & Associates, Inc. dba WaterTech Industries, for approximately 10,000 square feet at 800 Freeport Parkway in Coppell, Texas.   In business since 1988, WaterTech Industries is an OEM assembler of advanced water softener, filtration and purification systems for both residential and commercial applications.  Adam Curran of Mercer Company represented the tenant and Michael Peinado of Lincoln Property Company represented the landlord in the industrial real estate transaction.

Who We Are

Cohen Asset Management is a private real estate investment firm that is headquartered in Southern California with an East Coast office in Northern New Jersey.  We are in the business of acquiring, owning, developing and managing industrial properties and have an established history as an active operator with our primary focus being the industrial real estate sector.