Denholtz Properties Expands Presence in Orlando
The real estate and investment firm has opened the new facility at 100 East Pine St. The new office will be led by Laura Monaco, who has left JLL to take on the role of property manager with Denholtz Properties.
ORLANDO—Red Bank, NJ-based Denholtz Properties has expanded its presence here with the opening of a new real estate management office here.
The real estate and investment firm has opened the new facility at 100 East Pine St. The new office will be led by Laura Monaco, who has left JLL to take on the role of property manager with Denholtz Properties.
100 E. Pine St. is a Denholtz Properties-owned 82,892-square-foot six-story office building. The new management office located in the heart of the downtown Orlando will allow Denholtz Properties to take a direct, hands-on role in the management of its 810,955-square-foot Orlando office and industrial/flex portfolio.
The newest addition to the Denholtz team, Monaco will leverage her deep experience and market knowledge in her new role to drive tenant retention and enhance Denholtz Properties’ on-the-ground capabilities in the Orlando market. She previously served as an associate property manager with Cite Partners and continued in a property management role upon Cite’s acquisition by JLL last year. Monaco was named BOMA Orlando’s Emerging Professional of the Year in 2018 for her work in managing JLL’s 2.6 million-square-foot Orlando portfolio.
Additionally, Denholtz Properties building engineer John Torres will be joining the Orlando office. With Denholtz Properties since 2014, Torres’ building operations experience and knowledge of the Denholtz portfolio will provide the new Orlando management office with a full suite of leasing and management services, the firm states.
“As we continue to expand our investment activity in the red-hot Orlando submarket, we have recognized the advantages presented by an on-the-ground property management team,” says Stephen Cassidy, president of Denholtz Properties. “Laura is the ideal person to lead this initiative as she has quickly become one of the state’s most respected and knowledgeable property managers in her career thus far.”
In addition to 100 E. Pine Street, Denholtz Properties largest Orlando asset is its Cypress Park portfolio, which is made up of five industrial/flex buildings totaling 256,838 square feet. Standing at 254,915 square feet, the eight-building industrial/flex Silver Star Commerce Center is Denholtz Properties’ most recent acquisition in the market. Rounding out the firm’s Orlando portfolio are the Parkway Commerce Center, a two-building 92,575-square-foot industrial/flex complex and University Corporate Center, a seven-building, single-story industrial/flex portfolio spread across 12.2 acres.