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Friday, December 12, 2025

Denholtz expands South Carolina presence with second industrial acquisition

Denholtz, a privately held investment management firm based in Red Bank, has acquired a 103,897-square-foot multi-tenant flex industrial park located at One Marcus Drive in Greenville, South Carolina. This acquisition marks the firm’s second in South Carolina in 2025 and significantly expands its presence in the state.

The four-building industrial park is nearly fully leased to a diverse group of tenants and offers features such as 16’7’’ clear ceiling heights, 21 dock doors, seven drive-ins, and over 350 parking spaces. Its location provides easy access to Interstates 85 and 385, positioning it as a key asset for regional logistics and business.

This latest acquisition follows the firm’s purchase of the 20/21 Business Center in Columbia, a three-building, 98,386-square-foot industrial portfolio, in February. The two transactions underscore Denholtz’s strategy of investing in high-growth Southeastern markets with strong economic fundamentals.

Mark Mahasky, senior vice president and head of Acquisitions at Denholtz, stated that South Carolina’s sustained economic growth and business-friendly environment make it an attractive market.

“We are proud to expand our Southeastern portfolio with a second acquisition in the state and look forward to leveraging our vertically integrated platform to realize the full potential of One Marcus Drive,” Mahasky said.

Beyond South Carolina, Denholtz has been actively growing its industrial portfolio in the Southeast over the past four years, including acquisitions in Georgia and North Carolina. The firm believes these strategic investments will serve as a springboard for future growth and deliver strong returns for its investors.

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