News

COHEN ASSET MANAGEMENT LEASING ACTIVITY; Q2 2018  

Los Angeles, California (July 1, 2018)

Cohen Asset Management, an owner operator of net leased income-producing industrial real estate, signed five (5) new early lease renewals during the 2nd Quarter of 2018.

Phoenix, Arizona

Cohen Asset Management, Inc., a Los Angeles based private equity real estate investment firm, on behalf of Airpark Industrial LLC, executed an early lease extension through March 31, 2030 (expiry) with Iridium Satellite LLC for 1800 East  Price Road in Chandler, Arizona.   Iridium Satellite LLC operates as a subsidiary of Iridium Communications Inc (NASDAQ: IRDM), a member of the S&P 600, and the guarantor of the lease.  As a mission critical technology location for the testing, research and development of Iridium’s satellite network, the Property also serves as a back-up control center for the company’s east coast location. Iridium offers the world’s largest commercial satellite operation and serves as a key provider of global communications for the U.S. Department of Defense in addition to the energy, maritime, aviation and mining industries.   There were no brokers used in the industrial real estate transaction.

Los Angeles, California

Cohen Asset Management, Inc., a Los Angeles based private equity real estate investment firm, on behalf of Cowan Industrial LLC and 836 Cowan Industrial LLC, executed an early lease extension with Omnispace, LLC at 755 N. Nash Street at El Segundo, CA.  Omnispace LLC was founded in 2012 by veteran telecommunications and satellite industry executives with decades of experience and provides a novel global hybrid communications platform.  Leveraging the 2 GHz frequency band, Omnispace marries the global reach of satellites (former ICO-F2 now Omnispace F2 MEO) with state of the art wireless technology to provide an efficient, scalable and accessible communications solution globally.  There were no brokers used in the industrial real estate transaction.

Dallas, Texas

Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of 356 Midway Venture LLC executed an early lease extension with Dorali Services Inc at 7335 Airport Freeway, Richland Hills, Texas.  Dorali Services, Inc. has been operating for over 35 years and provides wholesale aircraft equipment parts and supplies.  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 an early lease extension with Trinity Digital Printing Inc at 7429 Airport Freeway, Richland Hills, Texas.  Trinity Digital Printing is a locally-owned digital print shop that provides high-quality printing and book production services to clients in the Dallas/Fort Worth area.  Gil Stroube of Lincoln Property Company represented the Tenant and 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.