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PRIVATE REAL ESTATE FIRM, COHEN ASSET MANAGEMENT, INC. ANNOUNCES THE ACQUISITION OF A CLASS “A” MANUFACTURING BUILDING LOCATED IN GARLAND, TEXAS  

Los Angeles, California (August 8, 2017)

CAM Investment 353 LLC, an affiliate of industrial and commercial real estate investment firm Cohen Asset Management, Inc. announced the acquisition of a Class “A” manufacturing-industrial building located at 701 S. International Road, Garland, Texas.  The property is comprised of approximately 125,000 square feet situated on nearly 12 acres of land and is 100% leased to a single tenant through a new 15-year net lease with contractual annual rental increases. The Property resides in a mature business park setting surrounded by four freeways; State Highways 75 and 78 to the respective west and east, President George Bush Turnpike and Interstate 635 to the respective north and south and benefits from its proximity to both Dallas Love Field Airport and Dallas-Fort Worth Airport.

Jason Haas, COO, said “We are very pleased to have identified this opportunity and concluded this transaction while working hand in hand with the tenant to create a new 15-year lease while we were in escrow.  The transaction is in line with  Cohen’s strategy which consists of a cash flow driven model while offering liquidity to private property owners and institutions looking to monetize their equity and debt investments.
 

Who We Are

Cohen Asset Management is a private prominent 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.