Univision Expands Office Commitment to 78,000 Sq. Ft. at Glenpointe
Univision Communications, Inc., the leading media company serving Hispanic America, has expanded its long-term lease at Glenpointe by 10,000 square feet, for a total occupancy of 78,000 square feet, at the Class A office campus, announced commercial real estate services firm Cushman & Wakefield, Inc. Univision, a Glenpointe tenant for more than 15 years, maintains broadcasting studios and offices at the property. They were represented in the transaction by J.C. Giordano of Jones Lang LaSalle. Alfred Sanzari Enterprises developed and continues to own and operate Glenpointe.
"Univision's growth commitment is one of several transactions - including new leases, renewals and expansions - that have closed at Glenpointe during the past few months," Baumstein said. "Sanzari's stability as a landlord and long-term mission to make this property a great place to do business, coupled with the campus location and amenities, are why companies choose to locate here. The fact that they opt to stay and grow at the property as well provides further testament to its quality."
Glenpointe Centre, with its unique combination of 650,000 square feet of cutting-edge class A office space and on-site amenities, is a Tri-State regional hub and home to a broad range of local, national and international companies across all industries. The 50- acre complex encompasses Glenpointe Centre West, Glenpointe Centre East and The Atrium at Glenpointe office buildings; the 350-room Teaneck Marriott Hotel & Conference Center; and the state-of-the-art, 26,000-square-foot Glenpointe Spa & Fitness Center. Amenities include a full-service retail bank, cafeteria, restaurant, wine bar, lounge, abundant and secure covered parking, on-site management, 24/7 security and a variety of services, making Glenpointe Centre a premier business destination.
Glenpointe Centre's location is key - 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.
The Cushman & Wakefield team of Richard Baumstein, Marc Graham and Christian Politan, based in East Rutherford, N.J., is currently marketing units from 1,000 square feet to 18,000 square feet.
Glenpointe Centre continues to grow - all approvals are in place for the new 230,000-square-foot class A Glenpointe Centre South, offering energy-efficient design and extraordinary visibility and signage opportunity along heavily traveled I-95. The Cushman & Wakefield team is also currently marketing Glenpointe Centre South.