Glenpointe, an Alfred Sanzari Enterprises property, on Monday said a long-term tenant committed to a lease for 36,000 square feet of space at the office campus located at 300/400/500 Frank W. Burr Blvd. in Teaneck.
Cognizant will move its space from Glenpointe Center West to Glenpointe Center East where it will continue to operate its global headquarters.
As Cognizant’s business has evolved, so has its needs, which Alfred Sanzari Enterprises’ leasing team has accommodated throughout the companies’ long history together. The real estate firm was able to negotiate a deal with Cognizant to remain at the Teaneck campus in a space that was better suited to its needs.
“We know that the northern New Jersey market presents companies with a wide range of space options,” said Alfred Sanzari Vice President and Director of Leasing and Marketing Jerry Barta. “However, our long-standing relationship with Cognizant enabled us to find a solution that would allow them to keep their headquarters at Glenpointe and continue to take advantage of the property’s amenities, location, and flexibility, which truly stand out in the local office market. We look forward to further building upon our deep relationship with Cognizant and working with them to meet their space needs as their business continues to evolve.”
Savills North America Executive Vice President and Rutherford Office Branch Manager Gregg Najarian and Integrated Consulting Strategies Corporate Managing Director Nate Brzozowski represented Cognizant in the transaction.
As the company’s global headquarters, Glenpointe provides Cognizant with a well-located home in the heart of the New York City metro market.
Miles from New York City, Glenpointe features proximity to all local airports and major thoroughfares including the Garden State Parkway, Palisades Interstate Parkway, and Routes 4 and 46.
Glenpointe includes the 26,000-square-foot Glenpointe Spa and Fitness Center, a cafeteria, a restaurant, a wine bar, a lounge, abundant covered parking, 24/7 security and a variety of other services. In addition to office space and amenities, the Glenpointe Complex also boasts 700 hotel rooms in the attached Marriott at Glenpointe and the dual-branded Hampton Inn & Suites and Homewood Suites at Glenpointe across the street.
Recently undergoing a robust capital improvement strategy, the Glenpointe campus was significantly revamped with upgraded furniture and lighting fixtures throughout its common areas, creating a modern and welcoming experience for tenants and guests. Additionally, Glenpointe completely overhauled its outdoor amenity space, The Green, with new stonework, seating areas and greenery surrounding its iconic fountain.