News

Cohen Asset Management, Inc., Announces the Disposition of an Industrial Property located in Edison, New Jersey  
Los Angeles, California (January 10, 2014)
 
NJIND Old Brunswick Avenue LLC, an affiliate of Cohen Asset Management, Inc., a Los Angeles based industrial and commercial real estate firm, announced the sale of 45 Brunswick Avenue, a 333,000 square foot industrial building located in Edison, New Jersey. The industrial property was acquired by an affiliate of Cohen Asset Management on behalf of ownership in 2012 and was sold to an owner user with current operations in close proximity to 45 Brunswick.
 
"We are excited to have closed this sale on an opportunistic basis to a user highly motivated to acquire the property. Cohen Asset Management continues to own and operate a significant portfolio of assets in the New Jersey/ Pennsylvania markets and is committed to growing our portfolio while continuing to dispose of assets on an opportunistic basis. We are currently looking for new opportunities to acquire functional industrial buildings in those areas", 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. Established in 1992 and strategically headquartered in Southern California with a regional office in Northern New Jersey, Cohen Asset Management, Inc. is a proven, national real estate owner and operator with a primary focus on the industrial real estate sector. The firm’s relationships extend to high net worth individuals, institutional investors and domestic business entities. 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.