Cohen bought the property from IZCC LLC through Cohen's CAMCore+Fund 1, a nationwide industrial and office fund that it closedthis summer. The property, at 13340 E. 183rd St., is solelyoccupied by Isuzu.

Built in 1981, the Carmenita Corporate Plaza is a three-storysteel frame and concrete development with one level of subterraneanparking and a parking ratio of 5.25 spaces per 1,000 sf of officespace. The property has immediate access to the 91 freeway and isclose proximity to the 605, 5, 105 and 710 freeways.

The sale of Carmenita Corporate Plaza sale was brokered by ScottSchumacher and Kevin Shannon of CB Richard Ellis, who representedthe buyer and the seller. Cohen's CAM Core+Fund 1 is structured toinvest up to $100 million of equity to acquire approximately $285million of property nationwide. The company says that before theclosing it identified more than $90 million of assets that it plansto acquire.