PRESS RELEASE: Cushman & Wakefield Arranges 8,500 SF of Office Leases at Glenpointe

TEANECK, NJ - Commercial real estate services firm Cushman & Wakefield has arranged 8,500 square feet of office leases at Glenpointe in Teaneck. In separate transactions, Leeward International, Inc. has signed a 5,100-square-foot headquarters lease, and H Capital has inked a 3,400-square-foot lease. The East Rutherford, N.J.-based team of Richard Baumstein, Marc Graham and Christian Politan represented both the tenant and Glenpointe owner Alfred Sanzari Enterprises of Hackensack, N.J. in both transactions.

For Leeward, a manufacturer and distributor of women's apparel, the transaction marks a relocation to New Jersey from Midtown Manhattan. "Leeward wanted proximity to New York City and looked at a number of sites in Northern New Jersey," said Baumstein. "Glenpointe provides that proximity, as well as a class A office environment for the company."

H Capital has relocated to Glenpointe from Parker Plaza in Fort Lee, N.J. "The firm was looking to expand and wanted to go to an upscale building," said Baumstein. "After an extensive site search, Glenpointe ultimately provided the best possible solution for the company's very specific requirements."

Glenpointe 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, New England, and such major thoroughfares as the New Jersey Turnpike, Garden State Parkway, Routes 4 and 46, and all area airports. The 650,000-square-foot complex on 50 acres encompasses the Glenpointe Centre West, East and Atrium office buildings, the 350-room Teaneck Marriott Hotel and Conference Center, and the 26,000-square-foot Glenpointe Spa & Fitness Center. Approvals are in place for the 242,150-square-foot Glenpointe Centre South.

Cushman & Wakefield is currently marketing office units ranging from 1,000 to 12,500 square feet at Glenpointe as well as the entire Glenpointe South.

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