HACKENSACK, NJ—Relationships and its commitment to its real estate assets are the key reasons that Alfred Sanzari Enterprises cite in its announcement that the firm's commercial real estate portfolio is approaching full occupancy.

The firm's portfolio – which encompasses well-located office, industrial and retail properties throughout Bergen County – is more than 93 percent leased, says Jerry L. Barta, vice-president/director of leasing and marketing.

“We are extremely pleased with the continued outstanding leasing performance of our entire commercial portfolio,” says Barta. “That we've been able to achieve, and maintain, near full occupancy in a challenging economic environment is a testament to Alfred Sanzari Enterprises' ownership and commitment to its real estate assets, as well as the strength of the relationships we have built – and continue to foster – with our tenants and the brokerage community.”

Celebrating its 70^th year in business in 2015, Alfred Sanzari Enterprises is positioned to continue as a leading commercial real estate force in Northern New Jersey. Since its inception, the firm has kept ownership of almost every asset in its portfolio.

“As long-term committed property owners, Alfred Sanzari Enterprises prides itself on providing world-class business environments in class A locations,” says Barta. “We consistently reinvest capital back into all our properties in order to ensure an efficient and attractive work environment for tenants, and maintain our buildings' competitive edge in the marketplace.”

Several Sanzari tenants are what Barta describes as “first generation”–the original tenants within their respective buildings.

“It's not unusual for us to have tenants for 30 or more years. In fact, our first industrial building, built in 1959, still has its original tenant,” he says. “Today, both that tenant and Alfred Sanzari Enterprises are being managed by the children of the original deal makers, more than 55 years later.  That enduring relationship speaks volumes about our company's approach to what often is viewed as an impersonal, 'bricks and mortar' business.”

Sanzari's diverse commercial portfolio includes 650,000 square feet of class A office space at Glenpointe in Teaneck, one of the state's foremost mixed-use developments. The 50-acre Glenpointe complex consists of Glenpointe Centre West, Glenpointe Centre East and The Atrium at Glenpointe office buildings; the 350-room Marriott at Glenpointe hotel; and Glenpointe Spa & Fitness, a state-of-the-art health and fitness club. Glenpointe's amenities include a full-service bank, a cafeteria, a restaurant, a wine bar, a lounge, covered parking, on-site management, 24/7 security and a variety of services.

The firm's commercial portfolio also includes Court Plaza in Hackensack, a three-building office complex located across from the Bergen County Courthouse; Elmwood Park Plaza in Elmwood Park; the mixed-use Alfred N. Sanzari Medical Arts Building in Hackensack; Summit Plaza in Hackensack, a 100,000-square-foot supermarket-anchored neighborhood retail center; and several well-located industrial parks.

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

“The bottom line for our entire portfolio is that real estate is a long-term relationship, not a commodity to be traded,” says Barta. “Tenants who make a commitment to one of our properties know they are establishing a relationship with a property owner who will be there throughout the length of their lease term and renewal.”