News

Cohen Asset Management, Inc., Announces the Disposition of a 228,000 square foot Industrial Property located in Edison, New Jersey  

Los Angeles, California (January 7, 2013)
 
NJIND Old Post Road LLC, an affiliate of Cohen Asset Management, Inc., a Los Angeles based industrial and commercial real estate firm, announced the sale of 742 Old Post Road, a 228,000 square foot industrial building located in Edison, New Jersey. The industrial property was acquired by an affiliate of Cohen Asset Management on behalf of ownership in 2012 and was sold to an affiliate of the tenant who had been occupying the property for several years.

"Cohen Asset Management continues to maintain a portfolio of several assets in the New Jersey/ Pennsylvania markets and is currently looking for new opportunities to acquire functional industrial buildings in those areas", stated Jason Haas, Executive Vice President & Chief Operating Officer.
 
About Cohen™ 
Cohen Asset Management, Inc. is a private commercial and industrial real estate investment firm. The firm¹s relationships extend to high net worth individuals and institutional investors. 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.

Media Contact:

Scott McGinness
(310) 860-0598
http://www.cohenasset.com