News

PRIVATE REAL ESTATE FIRM COHEN ASSET MANAGEMENT, INC. ANNOUNCES THE DISPOSITION OF A FIVE BUILDING PORTFOLIO IN KING OF PRUSSIA, PENNSYLVANIA  

Los Angeles, California (February 8, 2017)

CAM 201/221 King Manor Drive LLC, CAM 741 Third Avenue LLC, CAM 780 Third Avenue LLC and CAM 820 Third Avenue LLC, all affiliates of industrial and commercial real estate investment firm Cohen Asset Management, Inc. announced the disposition of a 5 building portfolio located in King of Prussia, Pennsylvania. The Portfolio was 90.7% leased to 10 investment grade and credit worthy tenants. The buildings, which totaled approximately 303,560 square feet situated on just over 22 acres of land, were located at 201 King Manor Drive, 221 King Manor Drive, 741 Third Avenue, 780 Third Avenue and 820 Third Avenue in King of Prussia, PA. Since acquisition in 2005, the Portfolio has been maintained to institutional standards, minimizing near term capital exposure and has demonstrated significant efficiencies of scale in management and leasing.

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.