News

Cohen Asset Management, Inc., Announces the Disposition of an Industrial Property located in Greenwood, (Indianapolis MSA), Indiana  
Los Angeles, California (June 28, 2013)
 
 CAM 7000 Gateway LLC, an affiliate of Cohen Asset Management, Inc., a Los Angeles based industrial and commercial real estate firm, announced the sale of 700 Commerce Parkway, a 450,000 square foot industrial building located in the Indianapolis sub market of Greenwood, Indiana.
 
 "The Indianapolis market has one of the lowest vacancy rates in the United States which has sparked an influx of institutional interest in this Midwest market. The existence of aggressive capital coupled with the lack of potential investment opportunities has resulted in cap rate compression for the Greenwood submarket which was evident in the volume of bidders for this two tenant Class A asset.", stated Jason Haas, Executive Vice President & Chief Operating Officer. 
 
About Cohen Asset Management™
Cohen Asset Management, Inc. is a private commercial and industrial real estate investment firm. The firm’s relationships extend to high net worth individuals and institutional investors. The private real estate investment firm is an active operator and investor of commercial and industrial real estate assets and has a well-established reputation as a value added investor focusing on commercial and industrial real estate opportunities that are inefficiently priced due to a variety of circumstances such as vacancies, rollover risk, sub-optimal management, inefficient current use, deferred maintenance, long-term undervalued leases or other unfavorable property and market conditions.