Times are changing at firm

Prominent New Jersey commercial real estate executive Steven Denholtz has done plenty of real estate deals on Florida's east coast, but for him the Tampa-St. Petersburg market is the way to go.

The company, with a niche in adaptive reuse projects, owns buildings, one in Tampa and one in St. Petersburg, that house the Tampa Bay Times, among other tenants. It sold some land surrounding the Tampa property last month, and has invested tens of millions of dollars into upgrades at both properties.

“We are in a great spot right now here,” says Denholtz, CEO of Matawan, N.J.-based Denholtz Associates. “The two mayors for each of these cities have real strong visions for what they want to see and we want to be in cities that have really thought about their future.”