News

COHEN ASSET MANAGEMENT LEASING ACTIVITY; Q1 2019  

Los Angeles, California (April 1, 2019)

Cohen Asset Management, an owner operator of net leased income-producing industrial real estate, executed several new leases and amendments to extend occupancy during the 1st Quarter of 2019.

Phoenix, Arizona

Cohen Asset Management, Inc., a Los Angeles based private equity real estate investment firm, on behalf of its affiliates CAM Investment 376 LLC and NOVI Industrial Capital LLC, recently executed a new five-year lease with Valdez and Associates LLC, dba as Uniko Food Services (“Uniko”) for space located at 8399 W. Van Buren Street in Tolleson, Arizona.  With this deal, the project maintained a 91% lease level, as it backfilled an expiring lease with no downtime.  Uniko has been in business for over 28 years and began selling butcher paper and plastic bags in 1991 from a garage in Southern California.  The company has grown and expanded into Northern California, Nevada and Arizona, where it provides high quality food service and restaurant supplies from leading manufacturers.  The company provides new kitchen supplies and equipment, hot food supplies and equipment, front-end supplies and equipment, janitorial products.  CBRE represented the Landlord in the industrial real estate transaction, while the Tenant was represented by Landmark ACM.

Cohen Asset Management, Inc., a Los Angeles based private equity real estate investment firm, on behalf of its affiliate CAM Investment 376 LLC, and NOVI Industrial Capital LLC, recently executed a lease renewal with Fox River Resources, Inc. for space located at 8399 W. Van Buren Street in Tolleson, Arizona.  With locations in Arizona and California, Fox River distributes packaging equipment, machinery, materials and tools to the packaging industry.  CBRE represented the Landlord 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 its affiliate CAM Pinnacle Industrial LLC, recently executed a new lease with Dema Sewing Machines LLC. located at 1444 N. Cockrell Hill Road in Dallas, Texas.  Dema Sewing Machines LLC. is a supplier of industrial sewing and CNC equipment for the apparel, aerospace, and furniture industries.  Norm O’Neal of Keller Williams Realty Ellis County represented the Tenant and Gil Stroube of Lincoln Property Company represented the Landlord in the industrial real estate transaction.

Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of its affiliate CAM Pinnacle Industrial LLC executed a new lease with Dukers Appliance Co, USA Ltd at 1444 N. Cockrell Hill Road in Dallas, Texas.  Dukers Appliance Co. USA Ltd is a product fulfillment company for Guanqzhou Boaosi Co., Ltd, its China corporation, that specializes in commercial refrigerators and freezers.  Sam Lepow of ANA Commercial represented the Tenant and Gil Stroube of Lincoln Property Company represented the 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 a lease extension with National HME, Inc.  located at 7339 Tower Street in Richland Hills, Texas.  National HME, Inc. started as a local medical equipment company servicing hospice patient’s in the Dallas / Fort Worth area and evolved into one of the nation’s largest and most comprehensive durable medical equipment solutions provider.  Gil Stroube of Lincoln Property Company represented both 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 its affiliate 356 Midway Venture LLC executed a new lease with National HME, Inc. expanding into 7443 Tower Street in Richland Hills, Texas.  National HME, Inc. started as a local medical equipment company servicing hospice patient’s in the Dallas / Fort Worth area and evolved into one of the nation’s largest and most comprehensive durable medical equipment solutions provider.  Gil Stroube of Lincoln Property Company represented both 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 its affiliate 356 Midway Venture LLC executed a lease extension with Lennox National Account Services, LLC located at 7358 Dogwood Park in Richland Hills, Texas.  Lennox National Account Services, LLC provides HVAC equipment and services such as repair, maintenance and installation to both residential and commercial industries.  Gil Stroube of Lincoln Property Company represented both the Tenant and Landlord in the industrial real estate transaction

Fairfield, NJ

Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of its affiliate 180 Passaic A and B Fairfield NJ, LLC executed a new lease with Caret Corporation located at 180 Passaic Avenue, Fairfield, New Jersey. Caret Corporation is a developer and manufacturer of cosmetic and beauty products. Robert Adams of Garden State Realty represented the Tenant and Cushman & Wakefield US, Inc.  represented the Landlord in the industrial real estate transaction.

Cohen Asset Management, Inc. a Los Angeles based private equity real estate investment firm, on behalf of its affiliate 80 Little Falls Fairfield NJ, LLC executed a new lease amendment with Amarr Company located at 80 Little Falls Road, Fairfield, New Jersey. Amarr Company is one of the world’s leading brands in design, manufacturing and distribution of garage door access systems for residential garages, condominiums, warehouses, commercial buildings, shopping malls and other commercial applications. Andrew Somple of NAI James E Hanson represented the Tenant  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.