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PRIVATE REAL ESTATE FIRM, COHEN ASSET MANAGEMENT, INC. ANNOUNCES THE DISPOSITION OF A PARKING LOT WITH CLOSE PROXIMITY TO THE SAN FRANCISCO AIRPORT  

Los Angeles, California (August 25, 2015)

836 Cowan Industrial LLC, an affiliate of Cohen Asset Management, Inc., a Los Angeles based real estate firm announced the sale of a parking lot located at 836 Cowan Road in Burlingame, California. The property’s world class location is adjacent to the San Francisco International Airport with direct access to Highway 101 and the 380 and 280 Interstates. The amount of interested buyers was indicative of the strong market dynamics exhibited in the San Francisco Peninsula Market. The property is leased to Hertz and was acquired by Cohen Asset Management on behalf of 836 Cowan Industrial LLC in 2013.

About Cohen Asset Management™

Cohen Asset Management, Inc. is a private real estate investment firm that is headquartered in Southern California with a regional office in Northern New Jersey. We are in the business of acquiring, owning, developing and managing industrial properties and have an established history as a real estate owner and active operator with our primary focus being the industrial real estate sector.