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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."

Who We Are

Cohen Asset Management is a private real estate investment firm that is headquartered in Southern California with a regional office in Northern New Jersey. With a primary focus being the industrial sector, Cohen Asset Management has an established history as an active owner-operator that is comprised of a team of seasoned real estate professionals who create value for our investors by establishing mutually rewarding relationships within the industrial real estate community in each of our Target Markets, particularly with tenants (our customers), brokers, sellers and ultimately the buyers of our real estate when we monetize investments.