News

Cohen Asset Management Leasing Activity; Q1 2015  

Los Angeles, California (April 1, 2015)

Cohen Asset Management, an owner/operator of net leased income-producing industrial real estate, signed eight lease extensions / expansions and five new leases during the 1st Quarter of 2015.

 

Phoenix, Arizona

Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of 4346 Elwood Industrial LLC, entered into a sixty-two (62) month extension with Western States Fire Protection Company at 4346 E. Elwood Street, Phoenix, Arizona.  Western States Fire Protection Company designs, installs and services fire protection systems for commercial and residential uses.  The company is based in Centennial Colorado with locations in over 40 cities.  No brokers were involved 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 for expansion space with Dawson Group, Inc. for 50,400 square feet at 8778 LeSaint, West Chester, Ohio.  Dawson Group is a nationwide transportation company “specializing in pharmaceutical, industrial and turnkey fulfillment solutions.”  Michael Cook and Tim Schenke of CBRE represented the tenant and Jeff Bender of DTZ represented the landlord in the industrial real estate transaction.

Allentown, Pennsylvania

Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of CAM 6690 Grant Way LLC, entered into a lease expansion with Fuling Plastics USA Inc. for 17,800 square feet at 6690 Grant Way, Allentown, Pennsylvania.  Fuling Plastics USA is a major supplier of cutlery, dining kits and tableware for the food service industry.  Kim Meincke of Jones Lang LaSalle represented the landlord in the industrial real estate transaction.

Allentown, Pennsylvania

Cohen Asset Management, Inc., a Los Angeles-based private equity real estate investment firm, on behalf of CAM 7055 Ambassador LLC, entered into a new ten (10) year lease with EnerSys Delaware Inc. for 153,600 square feet at 7055 Ambassador Drive, Allentown, Pennsylvania.  EnerSys is the global leader in stored energy solutions such as batteries, chargers and accessories for motive, reserve, aerospace and defense applications.  Kim Meincke of Jones Lang LaSalle represented the landlord 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 sixty-three (63) month lease with CKI Locker LLC at 700 Freeport Parkway, Coppell, Texas.  CKI Locker LLC is a supplier of designed and manufactured turnkey gaming cabinets and other fabricated metal products ranging from the medical to communications industries.  John Lancaster of NAI Robert Lynn represented the tenant and Michael Peinado of Lincoln Property Company represented the landlord 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 sixty-three (63) month lease with IDIS America Co., Ltd. at 801 Hammond Street, Coppell, Texas.  IDIS is an established global security solutions company, which designs, develops, manufactures and markets security surveillance solutions.  IDIS specializes exclusively in surveillance technology from cameras, DVRs to video management software.  Dan Gooding of RE/MAX DFW Associates represented the tenant and Michael Peinado of Lincoln Property Company represented the landlord in the industrial real estate 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 new sixty-three (63) month lease with Han Feng, Inc., Inc. for 104,000 square feet at 99 Hook Road, Bayonne New Jersey.  Han Feng is a leader in providing Chinese restaurants with various foods and supplies.  Han Feng serves over 7,700 restaurants located in fourteen states.   CBRE’s brokerage team of Scott Belfer and Nick Nitti represented the landlord in the industrial lease transaction

South Brunswick, New Jersey

Cohen Asset Management, In. a Los Angeles-based private equity real estate investment firm, on behalf of NJINDLLC, entered into a forty-eight month (48) lease extension and expansion with Provide Commerce, Inc. for 62,737 square feet at 115 Melrich Road, New Jersey.  Provide Commerce is one of the nation’s leading e-commerce companies, offering high quality ambient and perishable products shipped fresh from the supplier to the customer.  Brands include Personal Creations, Shari’s Berries, ProFlowers, RedEnvelope, and Cherry Moon Farms.   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 new sixty-three (63) month lease with Northeast Food Marketing Inc at 180 Raritan Center, Edison New Jersey.   Northeast Food Marketing is a regional food and beverage service and distribution company. CBRE’s brokerage team of Scott Belfer, Nick Nitti and Pat Riedel 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 twenty-four  (24) month lease extension with Binary Computers, 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.

Edison, New Jersey

Cohen Asset Management, In. a Los Angeles-based private equity real estate investment firm, on behalf of NJINDLLC, entered into a twenty-four (24) month lease extension with MD Manage Inc. at 145 Talmadge Road, Edison New Jersey.   CBRE’s brokerage team of Scott Belfer, Nick Nitti and Pat Riedel 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 short term lease extension with Foodtown International Inc. at 145 Talmadge Road, 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 sixty (60) month lease extension with Sprint Spectrum for rooftop antenna space at 1201 Corbin Street New Jersey.   CBRE’s brokerage team of Scott Belfer and Nick Nitti represented the landlord in the office lease transaction.

 

About Cohen Asset Management™

Cohen Asset Management, Inc. is a private real estate investment firm that is headquartered in Southern California with a regional office in Northern New Jersey. We are in the business of acquiring, owning, developing and managing industrial properties and we have an established history as an active owner-operator with our primary focus being the industrial sector.