News

PRIVATE REAL ESTATE FIRM, COHEN ASSET MANAGEMENT, INC. ANNOUNCES THE ACQUISITION OF A SEVEN-BUILDING INDUSTRIAL PORTFOLIO IN NEW JERSEY  

Los Angeles, California (October 5, 2016)

Fairfield-Pinebrook Industrial Portfolio Venture LLC, an affiliate of industrial and commercial real estate investment firm Cohen Asset Management, Inc., announced the acquisition of a portfolio of industrial properties located along the I-80 Interchange in Fairfield and Pine Brook, New Jersey. The portfolio includes seven multi-tenant industrial buildings totaling approximately 725,000 square feet of space located on approximately 50 acres of land.

“We are excited as we continue to expand our industrial footprint in the New Jersey marketplace with this acquisition,  and we will continue to aggressively seek opportunities to acquire properties that possess superior locations and functionality for the markets they serve" said Jason Haas, Executive Vice President and COO.  Mr. Haas went on to say “This acquisition is the latest example of our capabilities in sourcing and closing well-located best-in-class industrial properties in vibrant infill submarkets.” Since 2012, Cohen has acquired over 4 million square feet of industrial property in the New Jersey/New York market.  This transaction is consistent with Cohen’s overall investment strategy which seeks stable, predictable cash flow coupled with opportunities to create added value through its proven effective active asset management approach.

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.  We are in the business of acquiring, owning, developing and managing industrial properties and have an established history as an active operator with our primary focus being the industrial real estate sector.