The Anchor Industrial Portfolio in Casselberry, Florida, spans 117,635 square feet across five shallow-bay buildings. — Courtesy: Denholtz
By Joshua Burd
Denholtz has acquired a five-building industrial portfolio in Central Florida, adding more than 117,000 square feet of shallow-bay space to its holdings outside New Jersey.
The Red Bank-based firm said the properties, located in Casselberry, provide exposure to a region that is just north of Orlando and connected to key highways in the area. That makes them easily accessible from downtown Orlando, Orlando International Airport and other destinations in a submarket where industrial vacancy was below 5 percent as of the third quarter of 2025, thanks to limited new construction and steady demand for small-format industrial space.
At the time of the acquisition, the portfolio was roughly 73 percent leased to 13 tenants across 17 suites ranging from 3,768 to 16,883 square feet, Denholtz said. The firm noted that the buildings, which are spread between the Anchor Business Park and Lemon Lane, have about a 10 percent office buildout, 20-foot clear ceiling heights and a total of 37 loading doors, including 31 dock-high doors.
Lee & Associates Senior Vice President Ryan Griffith and Senior Associate Charles Duvall will serve as the leasing team for the 117,635-square-foot portfolio near Route 17-92 and State Road 436 and some three miles east of Interstate 4.
“This portfolio fits our focus on well-located industrial properties in supply-constrained markets,” said JP Josephson, vice president of acquisitions at Denholtz. “With immediate opportunity for lease-up of the current vacancy, the planned capital improvements and active management, Denholtz will improve the tenant experience and retention, reposition the asset and create long-term value, where demand for shallow-bay space remains strong.”
The firm noted that, over the past several years, it has amassed more than 1.8 million square feet of industrial flex and office space across central and south Florida. Its Orlando-area portfolio also includes Silver Star Commerce Center, an eight-building, 254,915-square-foot industrial complex, as well as the 106,068-square-foot creative office building known as Celebration Business Center, among others.
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