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Alfred Sanzari Enterprises Announces Year-End Leasing Results

| January 20, 2016 | 0 Comments

Alfred Sanzari EnterprisesGlenpointe
25 Main Street
Hackensack, New Jersey 07601-7015

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Media Contact: Karen Ravensbergen / (201) 796-7788 / @carylcomm

Firm Inks More than 500,000 SF of Transactions in 2015

HACKENSACK, N.J., Jan. 20, 2016 – Alfred Sanzari Enterprises – one of New Jersey’s preeminent real estate owners, managers and developers – completed approximately 515,000 square feet of transactions in 2015, comprised of new leases, renewals and lease expansions. The firm’s diverse commercial portfolio encompasses office, industrial and retail properties throughout Bergen County.

“We are pleased with the active leasing performance of our entire commercial portfolio,” said Jerry L. Barta, vice president/director of leasing and marketing for Alfred Sanzari Enterprises. “2015 was a very successful year for Alfred Sanzari Enterprises, both in terms of executing transactions and positioning our company for future growth.”

Leasing Involved Varied Industries and Requirements

  • Several growing law firms signed or renewed leases at  Court Plaza in Hackensack: Long-time tenant Cole Schotz renewed its lease for 77,000 square feet at Court Plaza North; Winne, Banta, Basralian & Kahn P.C. renewed and expanded to 17,500 square feet at Court Plaza South; Aronsohn Weiner Salerno & Bremer leased 7,600 square feet at Court Plaza South; and Moskowitz Law Group, LLC leased almost 5,000 square feet of space at Court Plaza North.
  • At Heights Plaza in Hasbrouck Heights, Amfine Chemical Corporation and ADEKA USA Corporation leased 10,500 square feet of headquarters office space. Unichem Pharmaceuticals (USA) Inc. leased 5,200 square feet for its U.S. headquarters. Associates in Oro-Facial Pain LLC also joined the building’s tenant roster, leasing 1,900 square feet.
  • At Glenpointe in Teaneck, Phibro Animal Health Corporation expanded its headquarters space at Glenpointe Centre East by 4,700 square feet for a total occupancy of 49,600 square feet. Additionally, law firm Okin Hollander LLC leased 6,000 square feet at Glenpointe Centre West.
  • Fitness franchise TITLE Boxing Club leased 4,000 square feet at Summit Plaza  in Hackensack.
  • M&J Innovations LLC leased 20,400 square feet at 385 Chestnut Street in Norwood, one of six buildings comprising Alfred Sanzari Enterprises’  Norwood industrial portfolio. At the firm’s Meadowlands industrial portfolio, wallcovering manufacturer J. Josephson renewed its 136,000-square-foot lease.

“Alfred Sanzari Enterprises is committed to its real estate assets,” added Stephen C. Jennings, vice president of leasing and marketing. “We put consistent effort behind maintaining quality space and working with tenants to meet their long-term business needs. The past year’s leasing activity underscores the fact that well-managed and well-located commercial properties continue to attract and retain tenants across all industries even in a challenging economic environment.”

A Diverse Bergen County Portfolio

Alfred Sanzari Enterprises’ commercial portfolio includes 650,000 square feet of Class A office space at the mixed-use Glenpointe complex in Teaneck; Court Plaza in Hackensack, a three-building office complex located across from the Bergen County Courthouse; Heights Plaza in Hasbrouck Heights; Elmwood Park Plaza in Elmwood Park; the mixed-use Alfred N. Sanzari Medical Arts Building in Hackensack; Summit Plaza in Hackensack, a supermarket-anchored retail center; and several well-located industrial parks.

Alfred Sanzari Enterprises also owns and manages luxury high-rise and garden-style apartment units throughout Bergen County.

Founded in 1945 by Alfred N. Sanzari, Alfred Sanzari Enterprises is a second-generation family owned and operated business, and one of New Jersey’s foremost real estate developers, owners and managers. The firm is known for the quality design and construction of its buildings, superior hands-on property management and the integrity of its tenant relationships. Many of Alfred Sanzari Enterprises’ strategically located office, industrial, residential, retail and hospitality properties are iconic landmarks in their respective markets with a broad range of world-class corporate tenants. The company is headquartered in Hackensack.

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