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PROPERTY IMPROVEMENTS ENHANCE ALFRED SANZARI ENTERPRISES’ INDUSTRIAL PARK IN NORWOOD, N.J.

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NORWOOD, N.J., March 21, 2013 – Alfred Sanzari Enterprises has completed improvements to four of its six-building industrial portfolio in Norwood, N.J.

Upgrades to the corporate park – located at 335, 375 and 385 Chestnut Street and 10 Maple Street – include freshly painted warehouse space, new office windows, new front awnings and loading dock improvements. Shrubs and plantings were added to further enhance the properties’ existing landscaping. Space currently is available ranging from 18,000 to 52,108 square feet. With almost 167,000 square feet of total space available, the properties are functional for a variety of business purposes including light industrial, warehousing, high-tech or R&D tenants. Ceiling heights range from 16 to 18 feet and buildings offer quality on-site parking.

“This portfolio is in first-rate condition and represents some of the best warehouse space in the northeastern part of BergenCounty,” said Jerry L. Barta, vice-president and director, leasing and marketing. “The complex is set in a very attractive area near local amenities and offers a good labor pool. The buildings are clean, well maintained, and provide open floor plans for a number of uses.”

Andrew Somple, Michael Walters and Nicholas Herrick of NAI James E. Hanson serve as exclusive leasing agents for the property. “These completed improvements are a testament to the hands-on, high-quality property management that Alfred Sanzari Enterprises provides to all its tenants,” said Somple. “They are long-term, financially solid and highly respected owners. We look forward to marketing the Norwood portfolio, and promoting the properties’ numerous features and benefits.”

The Palisades Interstate Parkway, Route 9 West, the New York State Thruway, and George Washington and Tappan Zee bridges all are nearby. Well-known national and international firms with corporate headquarters in the area include Volvo Cars North America, Takasago International and Crestron Electronics.

Alfred Sanzari Enterprises has developed, owns and manages more than six million square feet of residential, commercial, industrial and mixed-use properties, many of which are home to some of the most prestigious corporate tenants in the United States. The firm has established its reputation on the uncompromised quality, design and construction of its buildings as well as its responsive and hands-on property management. Founded in 1945 by Alfred N. Sanzari, the firm is headquartered in Hackensack, N.J.