Commercial Property Executive Cohen Asset Management has paid $56.5 million, or $278.83/sf, for the 202,629-square-foot industrial building at 7255 Rosemead Blvd. in Pico Rivera, Calif. The Los Angeles investor acquired the property from Studio Designs of Commerce, Calif., which had paid $12.3 million for it in 2004. The building is encumbered by a $13.5 million […]

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