TEANECK, NJ—For the first time in Alfred Sanzari Enterprises' 73-year history, the firm is bringing in a third-party management firm for one of its properties. Sanzari is teaming up with Jones Lang LaSalle to provide property management and agency leasing for Glenpointe Centre in Teaneck, NJ, its premier mixed-use complex.
Developed, owned and operated by Alfred Sanzari Enterprises, the 50-acre complex is one of the state's foremost business environments. The alliance with JLL will contribute to Glenpointe's continued growth as a leading multi-faceted property, says Ryan Sanzari, chief operating officer of Alfred Sanzari Enterprises.
“This strategic partnership represents an impressive new chapter for Glenpointe,” Sanzari says. “Joining forces with JLL bolsters the all-encompassing 'work-life' environment at Glenpointe, which is sought after among today's office users. Our new collaboration will benefit tenants, their employees and clients as well as the area's residents and visitors.”
Glenpointe remains under the direct oversight of Alfred Sanzari Enterprises and encompasses 650,000 square feet of class A office space complemented by significant amenities. This includes a full-service bank, cafeteria, restaurant, wine bar, lounge, Starbucks, on-site management and 24/7 security.
The property also features the established 350-room full-service Marriott at Glenpointe and the 26,000-square-foot Glenpointe Spa & Fitness Center. Currently, a 350-room dual-branded hotel is rising at the complex as well. The Hampton Inn & Suites by Hilton and Homewood Suites by Hilton brands are both under construction and scheduled to open this summer.
JLL's Mary Oppel, regional operations manager, will lead property management efforts, and Thomas Reilly, managing director; Susan Mason, executive vice president; and Colleen Maguire, associate vice president, will oversee leasing at Glenpointe.
“We are honored to have been selected to represent the strategic direction of this pinnacle asset on behalf of Sanzari,” says Terry Harris, COO of JLL's suburban tri-state market. “JLL's world-class management practices and sharp focus on an elevated tenant experience align perfectly with Sanzari's commitment to the same. JLL's integrated leasing and management groups are excited to work in concert with Sanzari to deliver on its objectives.”
Glenpointe's tenants are a broad range of local, national and international companies spanning diverse industries.
“Glenpointe is a landmark property in the tri-state region,” Sanzari added. “JLL's depth of resources and diversified team, in combination with our in-house property management department, will benefit the entire complex now and in the future.”
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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].
