Denholtz, a Red Bank-based investment management firm with over $2 billion in assets, has officially launched its new tax-deferred investment platform, Denholtz Wealth Exchange. The platform’s inaugural offering, DX SB Industrial I DST, reached full reservation within just six weeks, signaling robust investor appetite for institutional-grade industrial assets in high-growth markets.
The move marks a strategic expansion for the 72-year-old firm, moving into the Delaware Statutory Trust (DST) space to provide accredited investors with a passive, tax-efficient vehicle for completing Section 1031 exchanges.
The first DST is centered on the Sweetwater Business Center in Tampa, Florida. This 225,789-square-foot shallow-bay flex industrial campus consists of nine buildings. Denholtz originally acquired the property in 2019, identifying it as a core asset due to Tampa’s strong demographics and the limited supply of industrial space in the region.
Property Highlights:
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Size: 225,789 Rentable Square Feet (RSF)
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Type: Shallow-bay flex industrial
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Location: Tampa MSA (Northwest submarket)
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Features: Professional on-site management and proximity to Tampa International Airport.
The DST advantage for investors
A Delaware Statutory Trust allows multiple investors to own fractional “beneficial interests” in a single property. For those selling existing investment property, a DST qualifies as “like-kind” real estate under IRS Section 1031, allowing them to defer capital gains taxes.
“The launch of Denholtz Wealth Exchange and our first fully subscribed DST reflects our evolution,” Katie Kurtz, CEO of Denholtz said. “It extends our institutional platform and owner-operator experience to individual investors seeking access to high-quality real estate through tax-efficient structures.”
The new platform is spearheaded by Jennifer McCool, Executive Vice President and Head of Capital Markets. McCool joined the firm earlier in 2025, bringing extensive institutional experience from roles at Kushner and Related Companies.
The rapid subscription of the DX SB Industrial I DST—partnered with Orchard Securities, LLC as the exclusive broker-dealer—suggests a strong pipeline for future offerings. Denholtz, which currently manages over seven million square feet of space across the Northeast and Southeast U.S., plans to continue sourcing “institutional-quality” opportunities for the advisor and investor community.
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Passive Ownership: Investors benefit from a “hands-off” approach, with Denholtz handling all leasing, maintenance, and management.
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Lower Entry Point: While traditional institutional assets may require millions in capital, DSTs allow for smaller fractional investments (typically starting at $100,000).
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Strategic Markets: The firm’s current strategy focuses on the Southeastern U.S., targeting high-growth areas with long-term demand drivers.
