News

Cohen Asset Management Leasing Activity; Q4 2014  

Los Angeles, California (December 31, 2014)

Cohen Asset Management Inc., an owner operator of industrial real estate, signed ten leases during the 4th Quarter of 2014 totaling approximately 1,200,000 square feet.

Tolleson, Arizona

Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of Latham Industrial LLC, entered into a lease amendment with Circle K expanding their premises into the remaining 61,714 square feet at 8313 W. Latham Lane, Tolleson, Arizona.  Circle K is an international chain of convenience stores headquartered in Tempe, Arizona and a wholly-owned subsidiary of Canadian-based Alimentation Couche-Tard Inc.  Pat Harlan, Steve Sayre and Kyle Westfall of Jones Lang LaSalle represented the tenant and Will Strong, Andy Markham and Mike Haenal of Cassidy Turley represented the landlord in the industrial real estate transaction.

Hebron, Kentucky

Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of CAM 1155 Worldwide Blvd LLC, entered into a five (5) year extension with Amazon.com for 484,000 square feet at 1155 Worldwide Blvd., Hebron, Kentucky.  Amazon.com, an electronic commerce company, serves consumers through retail Websites which primarily include merchandise and content purchased for resale from vendors and those offered by third-party sellers.  Amazon.com uses the facility in Hebron, Kentucky as a fulfillment center.  Cushman & Wakefield represented the tenant in the industrial real estate transaction.  

Cincinnati, Ohio

Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of Cincinnati LeSaint Industrial Capital LLC, entered into a lease amendment with KAO Brands expanding their premises by 111,600 square feet for a total area of 516,600 square feet and extending their lease term for seventy-nine (79) months at 8778 LeSaint Drive, West Chester, Ohio.  KAO Brands is a leading global manufacturer of premium beauty care products.  Jeff Bender of Cassidy Turley represented the landlord in the industrial real estate transaction.

Kulpsville, Pennsylvania

Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of CAM 1510 Gehman Road LLC, entered into a sixty-three (63) month extension with Greene Tweed Leasing Corporation for 40,320 square feet at 1510 Gehman Road, Kulpsville, Pennsylvania.  Greene Tweed is a global manufacturer of high-performance materials and engineered components such as elastomers and thermoplastic composites.  No brokers were involved 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 ninety (90) month lease with Rubaroc USA Inc. for 6,050 square feet at 801 Hammond Street, Coppell, Texas.  Rubaroc is the market leader in poured in place rubber surfacing.  David Dunn of Sperry Van Ness represented the tenant and Michael Peinado of Lincoln Property Company represented the landlord in the industrial real estate transaction.

Edison, New Jersey

Cohen Asset Management, In. a Los Angeles-based private equity real estate investment firm, on behalf of NJINDLLC, entered into a sixty-three (63) month extension with Cross Dock Solutions, Inc. for 56,760 square feet at 180 Raritan Center Parkway, Edison New Jersey.  Cross Dock Solutions is a full service third party logistics provider with climate controlled warehousing and truckload equipment that can accommodate chilled and frozen products on the same refrigerated trailer.  CBRE’s brokerage team of Scott Belfer and Nick Nitti represented the landlord in the industrial lease transaction.

Bayonne, New Jersey

Cohen Asset Management, In. a Los Angeles-based private equity real estate investment firm, on behalf of NJINDLLC, entered into a short term lease with Continental Terminals, Inc. for 25,000 square feet at 99 Hook Road, Bayonne New Jersey.  Continental Terminals is a full service third party logistics provider with warehousing operations in several ports on the East coast.   They primarily handle coffee, cocoa, bottled water, tea, paper, rubber and various metals.  CBRE’s brokerage team of Scott Belfer and Nick Nitti represented the landlord in the industrial lease transaction.

Edison, New Jersey

Cohen Asset Management, In. a Los Angeles-based private equity real estate investment firm, on behalf of NJINDLLC, entered into a lease extension with Candy Lewis, Inc. at 180 Raritan Center, Edison New Jersey.   CBRE’s brokerage team of Scott Belfer, Nick Nitti and Pat Riedel represented the landlord in the industrial lease transaction.

Elizabeth, New Jersey

Cohen Asset Management, In. a Los Angeles-based private equity real estate investment firm, on behalf of NJINDLLC, entered into a lease extension with Metal Transport, Inc. at 1201 Corbin Street New Jersey.   CBRE’s brokerage team of Scott Belfer, Nick Nitti and Pat Riedel represented the landlord in the office lease transaction.

Elizabeth, New Jersey

Cohen Asset Management, In. a Los Angeles-based private equity real estate investment firm, on behalf of NJINDLLC, entered into a lease extension with Panasonic Avionics Corporation, Inc. at 1201 Corbin Street New Jersey.   CBRE’s brokerage team of Scott Belfer, Nick Nitti and Pat Riedel represented the landlord in the office lease 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 have an established history as a highly recognized, national real estate owner and active operator with our primary focus being the industrial real estate sector.