Cushman & Wakefield Completes 8,300 Square Feet of Headquarters Leases at Glenpointe

Trio of Companies are the Class A Property's newest Tenants. End Quote

Newark, NJ (1888PressRelease) May 28, 2014 - Commercial real estate services firm Cushman & Wakefield has completed headquarters leases totaling 8,300 square feet with three companies at Glenpointe in Teaneck. The firm's East Rutherford, N.J.-based team of Richard Baumstein, Marc Graham and Christian Politan represented both Glenpointe ownership Alfred Sanzari Enterprises, based in Hackensack, N.J., and the trio of new tenants in the transactions.

In the largest transaction, Armand Resource Group, Inc. (ARG), a business management consulting firm, leased 5,300 square feet in an expansion and relocation of their corporate headquarters. "We required additional space to accommodate the growth of the company," said Gale Saunders Jenifer, ARG's vice president-administration.

"Glenpointe offers a prime location, close to transportation and major highways," she said. "It provides secure office buildings and parking facilities, with access to the hotel, spa, restaurants and banking. It also provided us with the opportunity to re-design and restructure our workspace to meet our specific needs, and allowed us to remain in Teaneck for the benefit of our clients and employees."

Glenpointe's location is 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.

"Working with Cushman & Wakefield was a pleasure - we found them to be flexible, available and responsive," said Jenifer. "They were committed to creating a 'win' for us. Sanzari was committed to providing excellent service."

In the other signings, PriceManager and Majestery have leased a combined 3,000 square feet, also for the companies' headquarters operations. PriceManager is a subscription-based software service that collects competitive retail pricing data, and Majestery develops and manages customer loyalty programs.

"Because of its central location, access to major highways and markets in the tri-state region, Glenpointe continues to be a destination of choice for growing businesses," said Baumstein. "In addition to its locational advantages, it also provides first-class amenities, including the Marriott at Glenpointe, the spa, and much more."

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.

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.

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