“Since our founding 65 years ago, our team has aggressively searched to deploy capital in markets and property types that provide our firm with ideal value-add opportunities,” says Stephen Cassidy, president of Denholtz Associates. “Our acquisition of the Horizon Center exemplifies that commitment as we recognize the strong growth trajectory of the Mercer County market and the unique prospects presented by this property. With a limited supply of quality office buildings in the area, the acquisition of this property will enable us to apply our in-house capabilities to bring the portfolio to full occupancy and provide strong returns to our investors.”

“This market has become an increasingly desirable area for corporate users seeking to tap in to the skilled employment base, and we look forward to working with Denholtz to leverage the properties' versatile floor plates, convenient accessibility by major thoroughfares, and wealth of amenities,” says Tolkach. “Most of all, we are very pleased as a company to have collaborated in helping clients on both sides of the transaction fulfill their business goals.”