News

Glenpointe announces a lease with Cognizant for 36,000 square feet of space at the iconic office campus located at 300/400/500 Frank W. Burr Boulevard in Teaneck N.J. A long-term tenant at the campus, Cognizant will be moving its space from Glenpointe Center West to Glenpointe Center East where it will continue to operate its global headquarters. Savills’ Gregg Najarian, Executive Vice President, Branch Manager, Rutherford Office and Nate Brzozowski, Corporate Managing Director, Integrated Consulting Strategies, represented Cognizant in the transaction.

Cognizant’s history at Glenpointe, an Alfred Sanzari Enterprises property, extends back to 1997 when the firm negotiated a sublease of 7,500 square feet at the campus. Since that time, Cognizant has steadily grown into a Fortune 200 company with 292,500 employees across the globe providing IT services, including digital, technology, consulting, and operations services to a wide range of companies. Throughout their two-plus decades at the campus, Glenpointe has provided the firm with an endlessly adaptable home capable of meeting the company’s evolving needs.

As the company’s global headquarters Glenpointe provides Cognizant with a well-located and adaptable home in the heart of the New York City metro market. As Cognizant’s business has evolved, so has its space needs which Alfred Sanzari Enterprises’ leasing team has been able to accommodate throughout their long history together. Understanding their changing space needs, the team at Alfred Sanzari Enterprises was able to negotiate a deal with Cognizant to allow them to move from Glenpointe Center West to Glenpointe Center East and remain at the campus in a space that was better suited to their needs.

“We know that the northern New Jersey market presents companies with a wide range of space options,” said Jerry Barta, Vice President and Director of Leasing and Marketing for Alfred Sanzari Enterprises. “However, our long-standing relationship with Cognizant enabled us to find a solution that would allow them to keep their headquarters at Glenpointe and continue to take advantage of the property’s amenities, location, and flexibility, which truly stand out in the local office market. We look forward to further building upon our deep relationship with Cognizant and working with them to meet their space needs as their business continues to evolve.”

Located only miles from New York City, Glenpointe features proximity to all local airports and major thoroughfares including the Garden State Parkway, Palisades Interstate Parkway and Routes 4 and 46. Glenpointe also includes the 26,000-square-foot Glenpointe Spa and Fitness Center, a cafeteria, a restaurant, a wine bar, a lounge, abundant covered parking, 24/7 security and a variety of other services. In addition to the office space and amenities, the Glenpointe Complex also boasts 700 hotel rooms in the attached Marriott at Glenpointe and the recently opened, dual-branded Hampton Inn & Suites and Homewood Suites at Glenpointe across the street.

Recently undergoing a robust capital improvement strategy, the Glenpointe campus has been significantly revamped with upgraded furniture and lighting fixtures throughout its common areas, creating a modern and welcoming experience for tenants and guests. Additionally, Glenpointe completely overhauled its outdoor amenity space, The Green, with new stonework, seating areas and greenery surrounding its iconic fountain, which creates an outdoor oasis for tenants.

In addition to extensive campus-wide upgrades, Glenpointe in executing its technology-driven tenant engagement strategy through its partnership with Better Spaces, which provides tenants with a community lounge, “The Pointe,” and other shared spaces accessible via the Better Spaces app. The app also gives tenants access to a robust schedule of programming curated by a full-time, on-site community management staff, with activities ranging from ping pong tournaments to yoga classes, art shows, chair massages and nature hikes. Further bolstering Glenpointe’s amenity offerings is Fooda, a pop-up food service that allows tenants to sample a different local restaurant each day without ever having to leave the campus.