News

Cohen Asset Management Had a Very Active Year in Leasing of Industrial Space  
Los Angeles, California (December 29, 2011)
 
Newark, California
 
Newark Eureka Industrial Capital LLC, an Affiliate of Cohen Asset Management, Inc., Entered Into a Lease Extension at Newark, California Property
Newark Eureka Industrial Capital LLC, an Affiliate of Cohen Asset Management, Inc., a Los Angeles based private equity real estate investment firm, entered into a lease for 32,478 square feet with Dow Corning Corporation, at 39714 Eureka Drive, Newark, California. The lease extension enables the property to remain 100% leased. Michael Karp of Cassidy Turley represented the tenant in the industrial real estate transaction.
 
Hayward, California
 
Hayward Industrial Capital LLC, an Affiliate of Cohen Asset Management, Inc., Entered Into a Lease Extension at Hayward, California Property
Hayward Industrial Capital LLC, an Affiliate of Cohen Asset Management, Inc., a Los Angeles based private equity real estate investment firm, entered into a lease extension for 46,080 square feet of a 84,480 square feet building with Sysco Guest Supply LLC, an independent supplier of hotel supplies, room accessories, paper products and textiles, at 313260 Wiegman Road, Hayward, California. The lease extension enables the property to remain n100% leased. Dave Haut of Benchmark Associates represented the tenant and Greig Lagomarsino of Colliers International represented the landlord in the industrial real estate transaction.
 
Hayward, California
 
Hayward Industrial Capital LLC, an Affiliate of Cohen Asset Management, Inc., Entered Into a Lease Extension at Hayward, California Property
Hayward Industrial Capital LLC, an Affiliate of Cohen Asset Management, Inc., a Los Angeles based private equity real estate investment firm, entered into a lease extension for 38,400 square feet of a 84,480 square feet building with US Container Corporation, a leading distributer of industrial containers, pails, drums and accessories at 313260 Wiegman Road, Hayward, California. The lease enables the property to remain 100% leased.   
 
Indianapolis, Indiana
 
CAM Core+ Fund 1 LLC, an Affiliate of Cohen Asset Management, Inc., Entered Into a New Lease at Indianapolis, Indiana Property                                                                                                   
Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of CAM Core+ Fund 1 LLC, entered into a new lease with Genco Marketplace, Inc, a leading business to business wholesaler of surplus inventories and a wholly owned subsidiary of Genco ATC a global supply chain management company, for 292,500 square feet at 700 Commerce Parkway West in Greenwood, Indiana. Brian Zurawski, of Summit Realty represented the tenant and Brian Seitz, Jones Lang Lasalle represented the landlord in the industrial real estate transaction.

Cincinnati, Ohio

CAM Core+ Fund 1 LLC, an Affiliate of Cohen Asset Management, Inc., Entered Into a Lease Extension at Cincinnati, Ohio Property
Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of CAM Core+ Fund 1 LLC, entered into a lease extension with UPS Supply Chain Solutions, Inc. for 140,000 square feet in a 300,000 square foot building located at 1500 Worldwide Boulevard in Hebron Kentucky (Cincinnati MSA). Jeff Bender, Cassidy Turley represented the tenant and landlord in the industrial real estate transaction.
 
Philadelphia, Pennsylvania
 
CAM Core+ Fund 1 LLC, an Affiliate of Cohen Asset Management, Inc., Entered Into a New Lease at King of Prussia, Pennsylvania Property
Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of CAM Core+ Fund 1 LLC, entered into a new lease with John Deere Landscape, Inc., one of the premier distributors of irrigation supplies, nursery and landscape supplies, and outdoor lighting systems primarily to the construction markets, for 12,270  square feet at 201 King Manor Drive, King Of Prussia, Pennsylvania. Len Redeyoff of CBRE  represented the tenant and Kevin Flynn of The Flynn Company represented the landlord in the industrial real estate transaction.
 
Philadelphia, Pennsylvania
 
CAM Core+ Fund 1 LLC, an Affiliate of Cohen Asset Management, Inc., Enters Into a Lease Extension at King of Prussia, Pennsylvania Property
Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of CAM Core+ Fund 1 LLC, entered into a lease extension with Berwyn Sports Academy for 7,995 square feet at 201 King Manor Drive, King of Prussia, Pennsylvania Enabling the property to remain 100% leased.
 
Philadelphia, Pennsylvania
 
CAM Core+ Fund 1 LLC, an Affiliate of Cohen Asset Management, Inc., Entered Into a Lease Extension at King of Prussia, Pennsylvania Property
Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of CAM Core+ Fund 1 LLC, entered into a lease extension with The Rox Group LLC d/b/a RTA Cabinet Store, a wholesale distributor of kitchen cabinets & bathroom vanities at 741 Third Avenue, King of Prussia, Pennsylvania. Kevin Flynn of The Flynn Company represented the tenant and the landlord in the industrial real estate transaction.
 
Philadelphia, Pennsylvania
 
CAM Core+ Fund 1 LLC, an Affiliate of Cohen Asset Management, Inc., Entered Into a Lease Extension at King of Prussia, Pennsylvania Property
Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of CAM Core+ Fund 1 LLC, entered into a lease extension with Sun & Earth, a leader in making strong, effective and environmentally safe cleaning products for more than 20 years, for 16,000 square feet at 221 King Manor Drive, King of Prussia, Pennsylvania enabling the property to remain 100% leased. Kevin Flynn of The Flynn Company represented both the tenant and the landlord in the industrial real estate transaction.
 
Lansdale, Pennsylvania
 
CAM Core+ Fund 1 LLC, an Affiliate of Cohen Asset Management, Inc., Enters Into a New Lease at Lansdale, Pennsylvania Property
Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of CAM Core+ Fund 1 LLC, entered into a new lease with Deacon Industrial Supply, the largest regional pipe-value fitting distributor in the mid-Atlantic region, for 112,317 square feet at 1510 Gehman Road, Lansdale, Pennsylvania bringing this building to 100% occupancy.    Jeffrey Duffy of Vista Realty Partners, LLC represented the tenant and Kevin Flynn of The Flynn Company represented the landlord in the industrial real estate transaction.
 
 Lansdale, Pennsylvania
 
CAM Core+ Fund 1 LLC, an Affiliate of Cohen Asset Management, Inc., Entered Into a Lease Extension at Lansdale, Pennsylvania Property
Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of CAM Core+ Fund 1 LLC, entered into a lease extension with Greene Tweed Lease Corp., one of the world’s leading manufacturer’s of specialty seals and engineered plastic components, for 40,300 at 1510 Gehman Road, Lansdale, Pennsylvania. The lease enables the property to remain 100% leased. Kevin Flynn of The Flynn Company represented both the tenant and the landlord in the industrial real estate transaction.
 
Allentown, Pennsylvania
 
CAM Core+ Fund 1 LLC, an Affiliate of Cohen Asset Management, Inc., Entered Into a Lease Extension at Allentown, Pennsylvania Property
Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of CAM Core+ Fund 1 LLC, entered into a lease extension with Air Products & Chemicals Corp., the world’s only global gas and chemicals company, for 30,000 square feet at 7020 Snowdrift Road, Allentown, Pennsylvania. The lease extension enabled the property to remain 100% leased. There were no brokers used in the industrial real estate transaction.
 
Dallas, Texas
 
CAM Core+ Fund 1 LLC, an Affiliate of Cohen Asset Management, Inc., Negotiates a New Lease at Coppell, Texas Property
Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of CAM Core+ Fund 1 LLC, negotiated a new lease with Stiles Machinery, Inc., the world’s largest independent distributor of advanced CNC equipment for processing wood panels, solid, wood, wood composites, plastic glass, stone and other material,  for 31,527 square feet at 800 Freeport Parkway, Coppell, Texas. Ryan Boozer of Mercer Company represented the tenant and Michael Peinado, Lincoln Property Company represented the landlord in the industrial real estate transaction..
 
Dallas, Texas
 
CAM Core+ Fund 1 LLC, an Affiliate of Cohen Asset Management, Inc., Negotiates a Lease Expansion at Coppell, Texas Property
Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of CAM Core+ Fund 1 LLC, negotiated a lease expansion for an additional 5,000 square feet with Advance Business Capital, at 701 Canyon Drive, Coppell, TX. No brokers were used in the industrial real estate transaction.
 
Dallas, Texas
 
CAM Core+ Fund 1 LLC, an Affiliate of Cohen Asset Management, Inc., Entered Into a Lease Extension at Lewisville, Texas Property
Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of CAM Core+ Fund 1 LLC, entered into a lease extension with Hoya Corporation, a worldwide leading supplier of advanced optical materials and components with in-house fabrication and coating capabilities, at 651 East Corporate Drive, Lewisville, TX , Texas. The tenant will continue to lease 100% of the property. Joe Doye of the Westin Company represented the tenant and the landlord in the industrial real estate transaction.
 
Seattle, Washington
 
CAM Core+ Fund 1 LLC, an Affiliate of Cohen Asset Management, Inc., Entered Into a Lease Extension at Seattle, Washington Property
Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of CAM Core+ Fund 1 LLC, negotiated an extension of a lease with Supply Technologies, Inc. a supply management company, at 1307 West Valley Highway North in Auburn, Washington.
 
Seattle, Washington
 
CAM Core+ Fund 1 LLC, an Affiliate of Cohen Asset Management, Inc., Entered Into a Lease Extension at Seattle, Washington Property
Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of CAM Core+ Fund 1 LLC, negotiated an extension of a lease with North Star Aerospace, a provider of after market spares, new parts and PMA distribution, specializing in flight deck transparencies, hydraulics and airframe accessories to airlines and FBO’s worldwide, at a property located at 1307 West Valley Highway North in Auburn, Washington.
 
About Cohen
Cohen Asset Management, Inc., (“CAM”), is a private commercial and industrial real estate investment firm. The firm’s relationships extend to high net worth individuals, institutional investors and domestic business entities. The private equity real estate investment firm is an active operator and investor of commercial and industrial real estate assets and has a well-established reputation as a value added investor focusing on commercial and industrial real estate opportunities that are inefficiently priced due to a variety of circumstances such as vacancies, rollover risk, sub-optimal management, inefficient current use, deferred maintenance, long-term undervalued leases or other unfavorable property and market conditions.
 
Forward looking Statement
Except for the historical facts, the statements in this press release regarding CAM’s business activities are forward-looking statements based on the beliefs of, assumptions made by, and information currently available to us about known and unknown risks, trends, uncertainties and factors that are beyond our control or ability to predict. Although we believe that our assumptions are reasonable, they are not guarantees of future performance and some will inevitably prove to be incorrect. As a result, our actual future results can be expected to differ from our expectations, and those differences may be material. Accordingly, investors should use caution in relying on past forward-looking statements to anticipate future results or trends. Except as required by law, we assume no obligation to update any such forward-looking statements.