An affiliate of Cohen Asset Management has acquired Desert Cove Industrial Center, a newly constructed 168,000-square-foot class A industrial property located at 11301 North Litchfield Road in Surprise, Ariz. Delivered in June 2024 by Evergreen Development, the freestanding single-tenant building is 100 percent leased to BP Lubricants USA, d.b.a. Castrol Oil.
Cohen Asset Management is a private real estate investment firm headquartered in Southern California with regional offices in Phoenix, Dallas–Fort Worth and Northern New Jersey. The firm has an established history as a prominent and active owner-operator spanning several decades with a singular focus on the industrial and logistics sector.
Cushman & Wakefield’s National Industrial Advisory Group – Mountain West represented the seller in the transaction. Additionally, a Cushman & Wakefield Equity, Debt & Structured Finance team advised on the acquisition financing. CBRE provided market leasing adv
