News

PRIVATE REAL ESTATE FIRM COHEN ASSET MANAGEMENT, INC. ANNOUNCES THE SALE OF AN INDUSTRIAL BUILDING IN NOVI, MICHIGAN  

Los Angeles, California (August 6, 2018)

Novi Industrial Capital LLC, an affiliate of industrial and commercial real estate investment firm Cohen Asset Management, Inc. announced the disposition of a 439,00 square-foot industrial building located on 22 acres of land at 43800 Gen mar Drive in Novi, Michigan (Detroit MSA).

"We are excited to have closed this sale to a highly motivated owner of similar property in the Detroit area and to give our investors the ability to either repatriate or reinvest their proceeds into one of our current target markets consisting of Southern California, Phoenix, Dallas and Northern New Jersey. We continue to own and operate a significant portfolio of assets in these target markets and are committed to growing our presence in these areas while continuing to dispose of assets on an opportunistic basis.”, stated Brandon Delf, Executive Vice President and Chief Investment Officer.

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.