Greenville, South Carolina, September 10, 2025
News Summary
Denholtz has acquired a 103,897-square-foot multi-tenant flex industrial park located at One Marcus Drive, Greenville, SC. The property is nearly fully leased, showcasing strong demand in the area. This investment highlights Denholtz’s strategic growth in South Carolina’s industrial market, having previously acquired the 20/21 Business Center in Columbia. The park features extensive amenities, including diverse tenant occupancy and accessibility to major highways, aligning with Denholtz’s expansion objectives in the Southeast.
Greenville, South Carolina
Denholtz, a privately held investment management firm, has recently acquired a 103,897-square-foot multi-tenant flex industrial park located at One Marcus Drive in Greenville, South Carolina. The property marks the firm’s continued expansion in the Southeast industrial market and is notable for its nearly full occupancy by a diverse mix of tenants.
The industrial park consists of four buildings and is designed with 16’7” clear ceiling heights suitable for various industrial uses. It features a comprehensive wet sprinkler system for fire safety and is equipped with 21 dock doors and seven drive-in doors to facilitate smooth operations for tenants.
In addition to its functional architecture, the park offers over 350 on-site surface parking spaces, providing ample room for tenant vehicles and access for shipping and receiving. It boasts strong local and regional accessibility, being conveniently situated near Interstates 85 and 385, making it less than 10 miles from downtown Greenville.
This acquisition is significant as it represents Denholtz’s second purchase in South Carolina in 2025, having previously acquired the 20/21 Business Center in Columbia. The 20/21 Business Center comprises a three-building, 98,386-square-foot portfolio located at 100-400 Northeast Drive and 6904 North Main Street. The firm has effectively more than doubled its footprint in the state with these recent ventures, reflecting its strategic growth objectives.
Mark Mahasky, senior vice president and head of acquisitions at Denholtz, has emphasized that South Carolina’s strong economic growth and business-friendly environment played crucial roles in the decision to invest in this industrial park. Denholtz has enhanced its industrial portfolio in the Southeast by over 833,000 square feet in the past four years, including significant acquisitions in Georgia and North Carolina such as the 358,884-square-foot Coleman Industrial Portfolio in Savannah.
The transaction for the One Marcus Drive property was represented by a team from CBRE, including Rhett Craig, Blaine Hart, Matt Smith, among others. The financial terms of the acquisition, however, were not disclosed.
Key Features of the One Marcus Drive Acquisition
- 103,897-square-foot multi-tenant flex industrial park
- Four buildings with 16’7” clear ceiling heights
- Equipped with a full wet sprinkler system
- Includes 21 dock doors and seven drive-in doors
- Over 350 on-site surface parking spaces
- Nearly fully leased to diverse tenants
- Accessible via Interstates 85 and 385
- Less than 10 miles from downtown Greenville
Background of Denholtz’s Expansion
Denholtz has been active in the southeastern United States, focusing on expanding its industrial real estate. Its previous acquisitions in the region include properties that contributed to a significant growth in its portfolio. With the company’s strategic focus on South Carolina, it is poised to benefit from the state’s ongoing economic resurgence and favorable market conditions.
FAQ Section
What is the location of the newly acquired industrial park?
The industrial park is located at One Marcus Drive in Greenville, South Carolina.
How large is the industrial park?
The property is 103,897 square feet and consists of four buildings.
What features does the industrial park offer?
The park features 16’7” clear ceiling heights, a full wet sprinkler system, 21 dock doors, seven drive-in doors, and over 350 on-site parking spaces.
How is the tenant mix in the industrial park?
The property is nearly fully leased to a diverse mix of tenants.
What are Denholtz’s future plans in South Carolina?
Denholtz intends to continue expanding its footprint in South Carolina, having recently acquired multiple properties in the state due to its economic growth and business-friendly environment.
Chart: Key Features of the Industrial Park
| Feature | Detail |
|---|---|
| Location | One Marcus Drive, Greenville, South Carolina |
| Total Size | 103,897 square feet |
| Number of Buildings | Four |
| Ceiling Height | 16’7” |
| Sprinkler System | Full wet sprinkler system |
| Dock Doors | 21 |
| Drive-In Doors | 7 |
| Parking Spaces | Over 350 on-site surface spaces |
| Tenant Mix | Nighly fully leased |
| Accessibility | Interstates 85 and 385 |
| Proximity to Downtown | Less than 10 miles |
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Additional Resources
- Greenville Business Magazine: Denholtz Acquires Greenville Industrial Park
- Wikipedia: Industrial Park
- ReBusiness Online: Denholtz Acquires Industrial Park
- Google Search: Industrial parks in Greenville South Carolina
- GSA Business: Denholtz Greenville Flex Industrial Park
- Google Scholar: Denholtz Industrial Acquisition
- Upstate Business Journal: Denholtz Acquires Industrial Park
- Encyclopedia Britannica: Industrial Economics
- Post and Courier: Denholtz Greenville SC Industrial Park
- Google News: Investment firm Denholtz
Author: STAFF HERE GREENVILLE
The HERE Greenville Staff Writers are a collaborative team of journalists, editors, and local contributors passionate about delivering accurate, timely information to the Greenville community. As part of the HEREcity.com Network, which powers over 100 U.S. city sites including HEREcolumbia.com, our staff draws on collective experience in South Carolina journalism to cover everything from business sales and real estate developments to dining deals and community initiatives. Our Expertise and Background Local Roots in Greenville Our team includes lifelong Greenville residents and SC natives with deep knowledge of the area’s history, economy, and culture. We’ve covered key events like the recent sales in the Heritage Historic District 17 , Greenville’s textile and railroad heritage 2 , and growth in local education sectors (e.g., Greenville Technical College programs) 27 . Collective Experience With over 50 combined years in journalism, our staff has backgrounds in print, digital media, and community reporting. We prioritize fact-based stories, drawing from sources like the Greenville Chamber of Commerce, city government records, and on-the-ground interviews. Commitment to Quality Every article is a group effort, involving research, editing, and verification to ensure reliability. We adhere to journalistic standards, citing credible sources and updating content as new details emerge.
