Denholtz, a leading privately held investment management firm, has been named one of Small Bay List’s Top Small Bay Owners of 2025. The firm ranked 10th nationally with 5.3 million square feet owned as of December 31, 2025.

Small Bay List is a specialized, industry-leading platform that provides data, listings, and market insights for the small bay industrial real estate sector. Sourced from participant submissions, Small Bay List’s Top Small Bay Owners of 2025 ranks companies by total square feet owned.

“Small bay industrial is one of the fastest-growing subsectors within the broader commercial real estate industry, driven by strong tenant demand, limited supply, and its critical role in supporting last-mile logistics and local business operations,” said Mark Mahasky, Senior Vice President, Head of Acquisitions at Denholtz. “Our approach is rooted in acquiring and operating high-quality assets in infill markets across the country, where we can generate long-term value through a disciplined investment strategy.”

Over the past several months, Denholtz has significantly expanded its small bay industrial footprint through strategic acquisitions across markets nationwide. Its most recent acquisitions include Anchor Industrial Portfolio, a five-building, 117,635-square-foot property in Casselberry, Florida; Park Elmwood Industrial Park, a four-building, 133,200-square-foot portfolio in Indianapolis, Indiana; and One Marcus Drive, a four-building, 103,647-square-foot park in Greenville, South Carolina.