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PRIVATE REAL ESTATE FIRM COHEN ASSET MANAGEMENT, INC. ANNOUNCES THE SALE OF AN INDUSTRIAL BUILDING IN PHOENIX, ARIZONA  

Los Angeles, California (September 15, 2017)

Cohen Arizona One LLC, an affiliate of industrial and commercial real estate investment firm Cohen Asset Management, Inc. announced the disposition of an 188,142 square-foot state-of-the-art industrial/flex building situated on approximately 8.5 acres of land. The property is located at 7822 South 46th Street in Phoenix, Arizona in the highly desirable Phoenix Sky Harbor Airport submarket. The property is one of the most recognizable assets in the Sky Harbor Airport Submarket due to its long- term credit tenancy, high profile location, quality high-tech interior improvements and proximity to major freeways. Initially acquired in 1992, this property was the first of many investments made by Cohen Asset Management in the Phoenix, Arizona market and was the start of the company’s 35 acquisitions in the Phoenix marketplace.

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.