TEANECK, NJ–Univision Communications, a leading Hispanic-American media company, has expanded the space it occupies at the Glenpointe Centre office campus here.
Univision, a tenant of the complex for 15 years, signed a new long-term lease expansion of 10,000 square feet so that it no occupies a total of 78,000 square feet. The company has both its broadcasting studios and offices at the property.
Cushman & Wakefield represented Alfred Sanzari Enterprises, the developer, owner and operator of Glenpointe. Univision was represented in the transaction by J.C. Giordano of Jones Lang LaSalle.
“Univision's growth commitment is one of several transactions – including new leases, renewals and expansions – that have closed at Glenpointe during the past few months,” said C & W's executive vice-president Richard Baumstein.
Glenpointe Centre has a total of 650,000 square feet of Class A office space and amenities. .Its tenants include an array of local, national and international companies involved in a range of businesses.
The 50-acre complex encompasses Glenpointe Centre West, Glenpointe Centre East and The Atrium at Glenpointe office buildings. It also includes the 350-room Teaneck Marriott Hotel & Conference Centerand the 26,000-square-foot Glenpointe Spa & Fitness Center.
Amenities include a full-service bank, cafeteria, restaurant, wine bar, lounge and covered parking. There is 24/7 security at the complex, which is located at the intersection of I-80 and I-95, three miles from the George Washington Bridge.
In addition to Baumstein, Marc Graham and Christian Politan of C &W's East Rutherford office handle leasing for Sanzari. The office center is currently marketing units from 1,000 square feet to 18,000 square feet.
Approvals are in place for a 230,000-square-foot addition to the center, Glenpointe Centre South. The new building will have an energy-efficient design and high visibility and signage along the New Jersey Turnpike.
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