to hold up the joint

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Mike Hussey

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Dave Moss: Someone should hurt them - Mitch and Murray. Someone should hurt them where they live. Someone should rob the office. If we were that kind of guy - to hold up the joint, trash it. It looks like robbery.

What does "hold up the joint" mean?

Source: Glengarry Glen Ross (a 1992 American drama film adapted by David Mamet from his 1984 Pulitzer Prize–winning play of the same name, and directed by James Foley)
 
Rob the place at gunpoint. "The joint" is slang for the place.
 
As slang, it sounds a bit dated to me. Today's criminals may well have different terms for this.
 
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