Denholtz Properties’ headquarters in Red Bank
By Joshua Burd
Denholtz Properties has added a paralegal to its team in an effort to further enhance and streamline its in-house leasing operations, the Red Bank-based firm announced Tuesday.
In a news release, the company said Loretta Speranzo brings nearly 30 years of paralegal experience. In her new role, she will provide in-house legal services to Denholtz Properties’ leasing team as it executes new deals, renewals and amendments, as well as other leasing processes across its commercial portfolio of more than 4.2 million square feet.
Speranzo joins Denholtz from Wilentz, Goldman & Spitzer PA, where she was a paralegal who was responsible for managing commercial and residential real estate transactions on behalf of the firm’s clients, according to a news release. Prior to her time with Wilentz, she also served as a legal assistant for the New York State Supreme Court, a legal assistant for Anthony J. Castellano PC and a legal secretary for Orin J. Cohen, Esq.
“Advancing our organization to ensure it is operating at peak efficiency at all times is a priority for our team,” said Greg Brown, Denholtz Properties’ chief operating officer. “With hundreds of tenants across multiple states and asset classes, the addition of in-house legal services paired with the implementation of leading real estate technologies will provide our leasing team with increased speed and efficiency as they seek to drive value through strategic leasing across our portfolio. Loretta’s experience will play a key role in our continued optimization and she will be an invaluable asset to our leasing team.”
Denholtz said, through the addition of an in-house paralegal, the firm will be able to accelerate each phase of the leasing process to create added efficiencies and cost-savings for both the company and its tenants. The new hire is part of a multiyear initiative to streamline the company’s in-house leasing team, which has already leveraged and integrated commercial real estate technology platforms such as VTS, Yardi, CommercialCafe and VendorCafe.