16B — May 15 - 28, 2015 — New Jersey — M id A tlantic

Real Estate Journal


N ew J ersey


Encompasses office, industrial and retail properties Alfred Sanzari’s Bergen County portfolio 93% leased B ERGENCOUNTY, NJ — In a regional subur- ban real estate market

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where vacancies approaching 20% are not uncommon, Alfred Sanzari Enterprises contin- ues to maintain record high occupancy levels throughout its commercial portfolio. The firm’s commercial portfolio – which encompasses well- located office, industrial and retail properties throughout Bergen County – is more than 93% leased, according to Jerry Barta , vice-president/director of leasing and marketing. “We are extremely pleased with the continued outstanding

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leasing performance of our entire commercial portfolio,” said Barta. “That we’ve been able to achieve, and main- tain, near full occupancy in a challenging economic en- vironment is a testament to Alfred Sanzari Enterprises’ ownership and commitment to its real estate assets, as well as the strength of the relationships we have built – and continue to foster – with our tenants and the brokerage community.” Since its inception, Alfred Sanzari Enterprises has re- tained ownership of almost every asset in its portfolio, a business philosophy valued by tenants, and lenders, that have come to rely on the firm’s stability as a property owner/ manager. . Alfred Sanzari Enterprises' diverse commercial portfolio includes 650,000 s/f of class A office space at Glenpointe in Teaneck, one of the state’s foremost mixed-use develop- ments. The firm’s commer- cial portfolio also includes Court Plaza in Hackensack, a three-building office complex located across from the Bergen County Courthouse featuring a landscaped plaza, covered parking, a full-service bank, shoe shine/repair and dry cleaning services, a fitness center, and a cafeteria with in- door/outdoor seating; Heights Plaza in Hasbrouck Heights, offering ample covered park- ing, a cafeteria and a security/ concierge center; Elmwood Park Plaza in Elmwood Park; the mixed-use Alfred N. San- zari Medical Arts Building in Hackensack; Summit Plaza in Hackensack, a 100,000 s/f supermarket-anchored neigh- borhood retail center; and several well-located industrial parks. n

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