News

Commercial brokerage firm The Greco Realty Group of Englewood, N.J. has been named exclusive leasing agent for Summit Plaza in Hackensack, N.J., announced Alfred Sanzari Enterprises, owner and manager of the 100,000-square-foot retail property. Heading up the shopping center assignment are The Greco Realty Group’s Principal Stephanie Greco and Broker Stacey Tsapatsaris.

Summit Plaza is a classic neighborhood shopping center surrounded by a growing residential housing base and anchored by one the most dominant supermarkets in Northern New Jersey, according to Jerry L. Barta, Alfred Sanzari Enterprises’ vice-president/director of leasing and marketing.

“The Greco Realty Group is ideally suited to represent this asset, and we believe Summit Plaza will benefit from their decades of industry expertise and in-depth knowledge of the local marketplace. We look forward to working with Stephanie and Stacey in marketing this signature shopping center,” said Barta.

Located at 370-380 West Pleasantview Ave. at the intersection of Route 17, Summit and West Pleasantview Avenues, Summit Plaza is anchored by an expanded 62,000-square-foot Super Stop & Shop. The high-profile center boasts a diverse mix of nationally recognized service and retail tenants including Harmon Cosmetics, GNC, Payless ShoeSource, Radio Shack, Dress Barn, the UPS Store, GameStop and Blimpie as well as the typical neighborhood services such as a nail salon, dry cleaner and a pizzeria.

The Greco Realty Group currently is marketing space availabilities ranging from 1,540 square feet to 4,181 square feet. Summit Plaza’s location in the heart of Route 17’s retail corridor, excellent daily consumer traffic and strong demographics all contribute to its appeal. The center is near Routes 4, 46 and 80, surrounded by 14 towns within a three-mile radius.

“We are extremely pleased to have been selected by Alfred Sanzari Enterprises to serve as the exclusive leasing agent for what is arguably one of Bergen County’s most well-located retail centers,” said Greco. “Summit Plaza offers its tenants a terrific location and great accessibility, combined with extraordinary demographics. We look forward to bringing new retailers to Summit Plaza that will further complement the center’s existing tenant mix.”

Greco said Summit Plaza serves a growing residential population of more than 100,000 people within a two-mile radius and a daytime population of more than 66,000 people within the same two miles. The marketplace offers a median household income of $80,000.

Founded in 1945 by Alfred N. Sanzari, Alfred Sanzari Enterprises is a second-generation family owned and operated business, and one of New Jersey’s foremost real estate developers, owners and managers. The firm is known for the quality design and construction of its buildings, superior hands-on property management and the integrity of its tenant relationships. Many of Alfred Sanzari Enterprises’ strategically located office, industrial, residential, retail and hospitality properties are iconic landmarks in their respective markets with a broad range of world-class corporate tenants. The company is headquartered in Hackensack, N.J.