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COHEN ASSET MANAGEMENT LEASING ACTIVITY; Q3 2018  

COHEN ASSET MANAGEMENT LEASING ACTIVITY; Q3 2018

Los Angeles, California (October 1, 2018)

Cohen Asset Management, an owner operator of net leased income-producing industrial real estate, executed several new leases and amendments to extend occupancy during the 3rd Quarter of 2018.

Phoenix, Arizona

Cohen Asset Management, Inc., a Los Angeles based private equity real estate investment firm, on behalf of Horseheads Industrial Capital II LLC, executed a lease extension through March 31, 2026 with the City of Phoenix for space located at 1717 East Grant Street in Phoenix, Arizona. The Phoenix Police Department Code Enforcement Unit is housed at this location and is responsible for vehicle impounds, police public records and finger printing services. Jones Lang LaSalle represented the Tenant in the real estate transaction.

Cohen Asset Management, Inc., a Los Angeles based private equity real estate investment firm, on behalf of 801 South 16th Industrial LLC, executed a lease extension with Global Crossing Telecommunications, Inc., (“GCT”) for space located at 801 South 16th Street in Phoenix, Arizona. GCT provides local, national and global communications services to enterprise, government and carrier customers.

Dallas, Texas

Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of 356 Midway Venture LLC executed a lease extension with Sentry Builders Electric, Inc. located at 7336 Dogwood Park in Richland Hills, Texas.Sentry Builders Electric, Inc. provides electrical contracting services to the residential and commercial industries throughout the Dallas/Fort Worth metroplex. Gil Stroube of Lincoln Property Company represented the Tenant and Landlord in the industrial real estate transaction.

Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of 356 Midway Venture LLC executed a lease extension with Charter Communications Operating, LLC located at 7400 Whitehall Street in Richland Hills, Texas. Charter Communications operates in 41 states and is one of the largest cable, video, internet and telephone providers in the United States. This location has provided repair, maintenance, and installation services locally since 2004. Jeremy Halback of Southern Site Selection LLC represented the Tenant and Gil Stroube of Lincoln Property Company represented the Landlord in the industrial real estate transaction.

Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of CAM Investment 351 LLC and Alda West LLC executed a lease extension with Modernfold Door & Specialties of Dallas/Fort Worth, Inc. located at 10430 Shady Trail, Suite 105, Dallas, Texas. Modernfold Door & Specialties’ provides accordion and bi-folding doors, folding partition and operable (movable) wall solutions throughout the Dallas/Fort Worth metroplex. Modernfold has operated a service location at this site since 2007.Corby Hodgkiss of Mercer Company represented the Tenant and Gil Stroube of Lincoln Property Company represented the Landlord in the industrial real estate transaction.

Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of CAM Investment 351 LLC and Alda West LLC executed a lease extension with Nancy Crandall dba Computer Creations located at 10430 Shady Trail, Suite 105, Dallas, Texas. Computer Creations provides direct mail advertising services to business and organizations throughout the Dallas/Fort Worth metroplex.Ryan Hooker of Partners National Real Estate Group represented the Tenant and Gil Stroube of Lincoln Property Company represented the Landlord in the industrial real estate transaction.

Hazelwood, MO

Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of Eastern Industrial Capital, LP executed an early lease extension with Potter Electric Signal Company, LLC located at 1601-1609 Park 370 Place, Hazelwood, Missouri. Potter Electric Signal Company, LLC has been in operations for over 120 years and provides fire and life safety products globally. Geoffrey Orf and Kevin Gallagher of Colliers International represented the Tenant in the industrial real estate transaction.

Pine Brook, NJ

Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of 10 Bloomfield A and B Pinebrook NJ, LLC executed a new lease with Quten Research Institute, LLC located at 10 Bloomfield Avenue, Pine Brook, New Jersey. Quten Research Institute is a manufacturer and distributer of the highest quality CoQ10 and turmeric supplements on the market. Sal Bellafiore of Evergreen Commercial Real Estate represented the Tenant and Resource Realty of Northern New Jersey represented the Landlord in the industrial real estate transaction.

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.