Denholtz Properties announced that it secured joint venture equity for the recap of a portfolio of 16 light-industrial buildings in New Jersey and Pennsylvania.
JLL Capital Markets Investment Advisory represented Denholtz Properties.
The portfolio spans 630,822 square feet and is 99 percent leased to a diversified group of tenants, spanning industries such as logistics, food and beverage, technology and warehousing. The properties offer access along major thoroughfares, with barriers to entry for new development in the markets of central and northern New Jersey along with Lehigh Valley, Pa.
