Denholtz Properties is honored to announce that NAIOP NJ, New Jersey’s leading organization for developers, owners and related professionals in office, industrial and mixed-use real estate, has recognized CEO Steven Denholtz with the Charles Klatskin Lifetime Achievement Award at the organization’s 37th Commercial Real Estate Awards Gala held on May 16th at The Palace at Somerset Park.
Held annually, the NAIOP Commercial Real Estate Awards celebrate the brightest stars in the state’s dynamic and competitive commercial real estate industry. The Charles Klatskin Lifetime Achievement Award recognizes executives who have become synonymous with excellence over their careers and will continue to shape the industry well into the future.
Since joining Denholtz Properties in 1985, Steven Denholtz has personified NAIOP NJ’s mission to advance responsible, sustainable development that creates jobs and benefits local communities. Guided by his focus on investing time, money and expertise to create stronger and more resilient communities, Steven’s leadership ensures that Denholtz Properties’ long-term success is intrinsically linked with positive societal impact.
“Over his long and distinguished career, Steven Denholtz has shown the transformative potential of real estate investment and how real estate executives can be a force for positive change in their local communities,” said Dan Kennedy, CEO of NAIOP NJ. “We congratulate Steven on this honor and look forward to his continued leadership role in our state’s commercial real estate industry.”
Denholtz added, “To join the ranks of those who have received this prestigious award is an honor of the highest magnitude. I want to thank the members of the Denholtz Properties team both past and present who have helped me grow as a leader and I look forward to all that we will accomplish in the years to come.”
In the last five years alone under Denholtz’s leadership, Denholtz Properties’ assets under management have grown to over $2B and its headcount has increased to now count over 100 employees.
In 2019, Denholtz oversaw the firm’s relocation from Matawan, N.J. to Red Bank, N.J. marking an ambitious new phase for the company and its employees. In addition to the relocation, the firm also completed a full as well as a renovation of an office building to serve as its headquarters. That risk has paid off demonstrably as the company is now a fixture of the Red Bank community and a leading voice in shaping the future of one of New Jersey’s most dynamic towns.
In addition, Denholtz, along with President Steve Cassidy, has helped the firm expand into new markets across the Southeastern United States. Since 2020, the firm has significantly expanded its portfolio in Orlando and Tampa, Fla. while also establishing footprints in Texas, Tennessee, North Carolina and Georgia.
Denholtz Properties’ expansion has been made possible by a consistent investment in talent and an emphasis on fostering a diverse and inclusive workplace. From Denholtz down to the newest junior-level employee, these efforts have cultivated an environment where innovation thrives. Many key members of the organization also began their careers in entry-level positions and are now among the company’s executive team.
Denholtz is also a vociferous supporter of increasing the number of women in the predominantly male-dominated commercial real estate industry. Today, Denholtz Properties counts several women among its senior leadership team and is committed to opening pathways for additional women to fill leadership roles in the future. Beyond his work growing Denholtz Properties’ operational capabilities and geographic footprint, Denholtz is also committed to supporting non-profits that make an impact in the local community. Denholtz Properties is a dedicated supporter of Lunch Break, a Red Bank organization that freely provides food, clothing, life skills and fellowship to those in need in Monmouth County and beyond. In addition, Denholtz also served on the board and as an adjunct professor for the Kislak School of Real Estate at Monmouth University and was recently named to the board of the Monmouth Conservation Foundation. He has also donated his time and leadership to the Meridian Health Affiliated Foundations, the New Jersey Economic Development Authority and the Count Basie Center for the Arts.
To stay connected with Denholtz Properties and for updates on the latest transactions and news follow Denholtz on Facebook, X, Instagram and LinkedIn.