Denholtz has built a reputation for integrity, innovation and commitment to its tenants and capital partners.

What began in 1954 in Edison, NJ, when Jack Denholtz, armed with a degree in economics and a “can do” spirit, decided to take a chance and become a general contractor and home builder, has evolved into a dynamic, innovative company with a diverse portfolio of office, industrial and flex space spanning five states. For over 60 years, with a deep understanding of our markets and the ingenuity to add value to tenants and assets alike, we have grown our portfolio to more than 700 tenants and almost 5 million square feet.

Today, under the guidance of Jack’s son, Steven, Denholtz Associates is focused on the future but remains committed to the same entrepreneurial spirit and principles that guided Jack so many years ago – integrity, innovation and commitment to quality.

With expertise in acquisitions, ground-up construction, leasing, management, and finance, Denholtz is uniquely qualified to revitalize assets for optimal returns. Denholtz enhances value with creative repositioning, financial restructuring, intensive management and capital improvements.  Denholtz has the ability to identify often overlooked investment opportunities through its operational ingenuity and extensive knowledge of the marketplace.


CASE STUDY: Corporate Headquarters

Metropark South II, Matawan, NJ

Metropark II rendition


  • Bankruptcy of Kara Homes halted construction of new headquarters building in early stages of construction
  • Ideal site for relocation and expansion of Denholtz Associates headquarters


  • Acquisition structured around Kara Homes’ bankruptcy
  • Partially completed construction necessitated extensive re-engineering


  • Financing provided by local relationship bank
  • Corporate offices relocated
  • Building 100% leased before completion


150 Morristown Road, Bernardsville, NJ

Denholtz 150 case study


  • Acquire 56,000-square-foot multi-tenant office building from lender in foreclosure
  • Prestigious submarket
  • Modern, well designed building


  • Negotiating deed-in-lieu from existing owner
  • Obtaining acquisition loan from existing lender – NYSE mortgage REIT
  • 50% vacant at acquisition


  • 90% occupied
  • Long-term, fixed-rate financing
  • Stabilized cash flow allowing for partner distributions

CASE STUDY: Multi-use Development

Lily Tulip Redevelopment, Holmdel, NJ

100 Commons Way


  • $8.2 million acquisition of defunct Lily Tulip industrial site in Holmdel, NJ
  • 127 acres
  • Existing 1,000,000-square-foot shuttered manufacturing facility


  • 64 acres of environmental concern
  • Antiquated zoning
  • Required extensive demolition and site work
  • Complex political and entitlement process


  • Fully constructed multi-use development
  • 158 senior housing units
  • 44,000-square-foot office building
  • 235,000 square feet of retail
  • Public/private partnership
  • First developer to apply for Brownfields approval in New Jersey
  • $200 million created real estate value