Cohen Asset Management Acquires Industrial Property In Pico Rivera For $56.5M

7255 Rosemead Blvd, an industrial property located in Pico Rivera, was recently sold. The transaction took place on 08/09/2021, with a sale price of $56,500,000. The property spans a total of 202,629 square feet, resulting in a price per square foot of $279. This sale was facilitated by Cohen Asset Management as the buyer and Studio Designs as the seller.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $56,500,000
• Address: 7255 Rosemead Blvd.
• Market: Pico Rivera

Maxx Cohen, representing Cohen Asset Management, played a pivotal role in this transaction. They successfully negotiated on behalf of the buyer. Studio Designs, the seller in this deal, also contributed to the smooth completion of the sale.