Family Office Renews Lease at Glenpointe Campus in Teaneck, N.J.
Alfred Sanzari Enterprises announces it has negotiated a lease renewal with Castle Financial Management, LLC for a 5,295-square-foot office space at Glenpointe Centre East in Teaneck, N.J. Alfred Sanzari Enterprises was represented in-house by Jerry Barta, former Vice President and Director of Leasing and Marketing, and Carolina Gutierrez, Manager of Leasing and Marketing. Adam Karafiol, Executive Vice President of JLL, represented the tenant in the transaction.
A tenant at Glenpointe since 2019, Castle Financial Management is the family office of the Maschler family, providing them with comprehensive asset management and financial planning services. Leveraging over four decades of experience, Castle Financial Management oversees a diverse investment portfolio that includes a vertically integrated real estate portfolio and a range of privately-owned businesses, including Battleground Country Club in Manalapan, N.J.
Additionally, the office is responsible for the Maschler family’s philanthropic efforts, making significant contributions to various charitable causes and demonstrating a steadfast commitment to positively impacting society. Castle Financial Management will continue to use its space at Glenpointe Centre East for executive and administrative offices.
“We are happy to extend our lease at Glenpointe and remain a part of such a dynamic community of prominent and innovative companies,” said Matthew Porter, Director of Finance and Operations at Castle Financial Management. “It was an easy decision to renew our lease at Glenpointe based on the strategic location of the campus and its wide array of premium amenities available to our team.”
Carolina Gutierrez, Leasing and Marketing Manager of Alfred Sanzari Enterprises, added “Our continued strong leasing activity at Glenpointe epitomizes the ‘flight to quality’ seen in our current office market. We are thrilled to continue our relationship with Castle Financial Management and look forward to ensuring their space continues to meet the needs of their team and business.”
The iconic Glenpointe campus comprises over 670,000 square feet across four interconnected office, amenity and hotel buildings, plus a standalone, dual-branded hotel building. Situated in a prime location in Teaneck at the intersection of Interstate 80 and the New Jersey Turnpike, Glenpointe offers direct access to Midtown Manhattan via the nearby George Washington Bridge. The campus’ strategic location is enhanced by an unmatched amenities package headlined by Marketplace, An Urban Eatery, a modern dining hall offering delicious, scratch-made, chef-prepared grab n’ go meals and made-to-order options as well as specialty items from local purveyors.
In addition, the Glenpointe campus features a 26,000-square-foot fitness center; The Green, a 22,000-square-foot multi-purpose outdoor amenity space; 700 hotel rooms across three on-site hotels including the Teaneck Marriott at Glenpointe, which features a newly renovated 40,000-square-foot event and conference center; casual and fine dining options; an on-site full-service Starbucks; abundant covered parking and 24/7 security. Further enhancing the tenant experience is Glenpointe’s partnership with Better Spaces, a robust tenant engagement service that operates via The Pointe, an on-site community lounge, as well as virtually through the Better Spaces app, to offer tenants free online courses and content.
Glenpointe currently has a range of spaces available from 976 square feet to 33,012 square feet. Experience firsthand why Glenpointe is considered the tri-state area’s preeminent corporate campus today. Contact Jeff Schotz of Newmark at 201-460-5152 or jeff.schotz@nmrk.com to schedule a tour.
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