Sanzari Adds More Than 500K SF of Leases in 2015

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."