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Cushman & Wakefield Completes Lease Renewal with Moroch Partners at Glenpointe

Teaneck, NJ |

When Dallas-based advertising giant Moroch Partners sought to establish a New York-New Jersey market presence in 2012, Glenpointe in Teaneck was the location of choice. And the class A office property will continue to be that location of choice: In a transaction completed by Cushman & Wakefield, Moroch Partners has agreed to a lease renewal for its 5,700-square-foot space at The Atrium at Glenpointe, 400 Frank W. Burr Blvd.

Glenpointe owner Alfred Sanzari Enterprises was represented in the transaction by the East Rutherford, N.J.-based Cushman & Wakefield team of Richard Baumstein, Marc Graham and Christian Politan. Moroch Partners was represented by Bruce Hecht of Swearingen Realty Group.

“Glenpointe continues to be one of Northern New Jersey’s prime locations for corporate offices,” said Baumstein. “That is borne out by Moroch Partners’ continued presence ­– as a company that relies heavily on close client contact, it provides the best possible setting for client meetings.”

“In 2012, we chose Glenpointe as the best possible location to serve our clients and specifically to serve our more than 30-year relationship with McDonald’s,” said Mark Stepanek, CFO of Moroch Partners, which has offices in most of the nation’s top markets and has a client list that includes such other brands as Midas, Coca-Cola, Walt Disney Pictures and Columbia Pictures, to name a few. “Glenpointe has met all of our expectations in that regard, and we are especially pleased with the responsiveness of Alfred Sanzari Enterprises.”

“Our goal is always to provide the best possible corporate setting for Glenpointe’s tenants,” said Jerry Barta, vice president and director of leasing and marketing for the Hackensack, N.J.-based Alfred Sanzari Enterprises. “We are pleased to be able to continue our relationship with Moroch Partners, one of the country’s largest ad agencies.”

Glenpointe, with its combination of 650,000 square feet of top-flight class A office space and on-site amenities, is a regional hub and home to a broad range of local, national and international companies. The 50-acre complex encompasses Glenpointe Centre West, Glenpointe Centre East and The Atrium at Glenpointe office buildings; the 345-room Marriott at Glenpointe; and the state-of-the-art, 26,000-square-foot Glenpointe Spa & Fitness. Other amenities include a full-service bank, cafeteria, restaurant, wine bar, lounge, covered parking, on-site management, 24/7 security and a variety of services.

Glenpointe’s location is also key – it is 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.

And Glenpointe continues to grow, with approvals in place for the new 242,000-square-foot class A Glenpointe Centre South, with extraordinary visibility and signage opportunity along heavily traveled I-95. The Cushman & Wakefield team is also currently marketing Glenpointe Centre South.