Tampa, Fla. (May 20, 2025) – Denholtz, a leading privately held investment management firm, has signed a 6,430-square-foot lease with Hanlon Acoustical Ceilings Co. at Sweetwater Business Center located at 5455-5557 West Waters Avenue in Tampa, Florida.

For over four decades, Hanlon Acoustical Ceilings has set the standard in the Tampa area as a trusted provider of premium installation services for standard and specialty ceilings, soundproofing insulation, and wall panels. The newly acquired property will support the company’s warehousing, distribution, and administrative operations, ensuring seamless service to its clients.

Acquired by Denholtz in 2020, Sweetwater Business Center is a nine-building, 225,651-square-foot industrial flex portfolio located in the Westshore/Airport Flex Industrial submarket, approximately seven miles from Tampa International Airport.

“The adaptability of our national flex industrial portfolio ensures we can meet the diverse needs of regional business communities across the country,” said Warren Loy, Senior Vice President, Head of Asset Management at Denholtz. “We are excited to welcome Hanlon Acoustical Ceilings Co. to Sweetwater Business Center and are confident this space will serve as a perfect foundation for their continued growth.”

Sweetwater Business Center is an integral part of Denholtz’s expansive central and south Florida portfolio, which spans over 1.2M square feet of industrial flex and office space. Just a short drive away in downtown Tampa, the firm also owns the iconic Ashley Plaza, a 10-story, 180,000-square-foot office building currently home to a diverse mix of tenants.

Beyond Tampa, Denholtz’s Orlando area portfolio includes Silver Star Commerce Center, a 254,915 square foot, eight-building flex industrial park; Celebration Business Center, a 106,068 square-foot single-story creative office building; the GAI Building, a 106,966-square-foot, seven-story office building; and 100 East Pine Street, a six-story 80,010-square-foot office/retail building. Located in nearby Winter Park, University Corporate Center is a 128,012-square-foot, seven-building flex industrial park.

Situated between Miami and West Palm Beach, Deerfield Corporate Park consists of two single-story office buildings totaling 157,510 square feet.

Loy continued, “For years, we have recognized that central and south Florida’s strong demographics, diverse business community, and exceptional transportation infrastructure make it an ideal market for investment. We look forward to continuing to execute our business objectives across our current portfolio while actively seeking opportunities to expand our presence in this dynamic region.”