Denholtz Properties forms $1b JV targeting multitenant industrial properties
Denholtz Properties has launched a joint venture with an affiliate of an institutional investment management firm targeting multitenant industrial projects strategically located in densely populated, high-growth infill areas. The joint venture plans to acquire and develop multitenant industrial properties with a total value of more than $1 billion.
The joint venture will build upon the success of Denholtz Properties with this asset class to focus on core-plus and value-add investments and developments in target markets near the regional headquarters of Denholtz Properties in New Jersey and Florida, as well as across the Southeast.
“Finding and capitalizing on value creation opportunities in the current industrial market requires the sophistication and capabilities of an institutional investment platform paired with an entrepreneurial and agile approach,” said Steven Denholtz, CEO of Denholtz Properties. “We look forward to leveraging our unique operating platform