Privately held developer and investor Denholtz Properties has launched a $1 billion joint venture with an affiliate of an institutional investment management firm to target multitenant industrial projects in densely populated high-growth infill areas.
The firm plans to focus on core-plus, value-add investments and developments in target markets near its regional headquarters 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 and decades of multitenant industrial experience with our investment partner."
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