News

Cushman & Wakefield has arranged a 4,200-square-foot office lease with Treetop Development at Glenpointe Centre in Teaneck, Bergen County, N.J. The East Rutherford, N.J.-based Cushman & Wakefield team of Richard Baumstein, Marc Graham and Christian Politan represented Glenpointe owner Alfred Sanzari Enterprises of Hackensack, N.J., while Treetop was represented by Yitzi Karasick of the Homer Group.

Treetop is a multi-faceted real estate company known for renovating and developing value-driven multi-family residential properties in the New Jersey/New York metropolitan area. The company will relocate its headquarters to Glenpointe from its present location in Newark, N.J.

“With the signing of this long-term lease, a solid New Jersey-based company has opted to stay in the state,” said Baumstein. “The relocation will also provide Treetop with significantly upgraded space in an excellent location.”

“Newark and Essex County remain very important to us, and our goal is to maintain our presence there by continuing to have offices throughout the county to manage our portfolios,” said Azi Mandel, principal and co-founder of Treetop Development. “Adding a Bergen County office will help us to expand to nearby suburban communities and to better manage our New York portfolio.

“The location and its accessibility were driving factors in our decision to move,” said Mandel. “Glenpointe Centre also provides an outstanding location from the standpoint of its amenities and its corporate image, especially after recent upgrades to its common areas by the Sanzari organization. We are excited about our move.”

Glenpointe Centre, with its unique combination of 650,000 square feet of cutting-edge class A office space and on-site amenities, is a Tri-State regional hub and home to a broad range of local, national and international companies across all industries. The 50- acre complex encompasses Glenpointe Centre West, Glenpointe Centre East and The Atrium at Glenpointe office buildings; the 350-room Teaneck Marriott Hotel & Conference Center; and the state-of-the-art, 26,000-square-foot Glenpointe Spa & Fitness Center. Amenities include a full-service retail bank, cafeteria, restaurant, wine bar, lounge, abundant and secure covered parking, on-site management, 24/7 security and a variety of services, making Glenpointe Centre a premier business destination.  Glenpointe Centre’s location is key – strategically situated at the intersection of I-80 and I-95, just three miles from the George Washington Bridge, with easy access to New York and New England and such major thoroughfares as the New Jersey Turnpike, Garden State Parkway and Routes 4 and 46 and all area airports.

The Cushman & Wakefield team is currently marketing units from 1,000 square feet to 18,000 square feet.

Glenpointe Centre continues to grow – all approvals are in place for the new 230,000-square-foot class A Glenpointe Centre South, offering energy-efficient design and extraordinary visibility and signage opportunity along heavily traveled I-95. The Cushman & Wakefield team is also currently marketing Glenpointe Centre South.