News

PRIVATE REAL ESTATE FIRM, COHEN ASSET MANAGEMENT, INC. ANNOUNCES THE DISPOSITION OF A NET LEASED PROPERTY LOCATED IN PHOENIX, ARIZONA  

Los Angeles, California (November 16, 2015)

Van Buren Industrial Capital LLC, an affiliate of Cohen Asset Management, Inc., a Los Angeles based industrial and commercial real estate firm announced the sale of a warehouse distribution building located at 3949 West Van Buren Street in Phoenix, Arizona. The two tenant net leased industrial building, occupied by Berlin Packaging LLC and LKQ Corporation contains approximately 85,000 square feet and is located on approximately 4.5 acres of land. The institutional quality property has been managed by Cohen Asset Management on behalf of Van Buren Industrial Capital LLC since acquisition.

“Cohen Asset Management continues to maintain a portfolio of several real estate assets in the Phoenix marketplace and is currently looking for new opportunities to acquire functional assets in the Southwest sub market where this asset was located", stated Brandon Delf, Executive Vice President & Chief Investment Officer.

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 have an established history as a real estate owner and active operator with our primary focus being the industrial real estate sector.