HACKENSACK, NJ—Alfred Sanzari Enterprises completed about 515,000 square feet of transactions in 2015, a combination 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," says Jerry L. Barta, vice president/director of leasing and marketing for Alfred Sanzari Enterprises. "2015 was a very successful year, both in terms of executing transactions and positioning our company for future growth."
Several growing law firms signed or renewed leases at Sanzari's Court Plaza in Hackensack: Long-time tenant Cole Schotz renewed 77,000 square feet at Court Plaza North; Winne, Banta, Basralian & Kahn 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 leased almost 5,000 square feet of space at Court Plaza North.
At Heights Plaza in Hasbrouck Heights, Amfine Chemical Corporation and ADEKA USA leased 10,500 square feet of headquarters office space. Unichem Pharmaceuticals leased 5,200 square feet for its US headquarters, and Associates in Oro-Facial Pain 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. Meanwhile, law firm Okin Hollander leased 6,000 square feet at Glenpointe Centre West.
In other locations, fitness franchise TITLE Boxing Club leased 4,000 square feet at Summit Plaza in Hackensack; M&J Innovations leased 20,400 square feet at 385 Chestnut Street in Norwood, one of six buildings included in Sanzari's Norwood industrial portfolio. At the firm's Meadowlands industrial portfolio, wallcovering manufacturer J. Josephson renewed its 136,000-square-foot lease.
"Sanzari is committed to its real estate assets," says 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."
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
