Agam Capital Management LLC has resided at Glenpointe Centre West in Teaneck since 2016. Last week, Alfred Sanzari Enterprises announced the insurance solutions provider will expand at the campus.

Newmark Executive Managing Director Jeff Schotz, Senior Managing Director Peter Rossi, Managing Director Dan Reider, Associate Peter Kasparian and Vice Chairman David Simson represented the family-owned and operated commercial real estate firm in the transaction. The renewal and expansion covers 4,731 square feet.

“When we found Glenpointe nearly a decade ago, we knew it would be the perfect place to establish our corporate headquarters,” commented Andrew Katz, chief operating officer, Agam Capital Management. “We are proud to call Glenpointe home and extend our partnership with Alfred Sanzari Enterprises well into the future.”

The company joined the lineup in 2017 and previously renewed in Teaneck in 2022.

Agam Capital Management is one of several companies to bring its headquarters to the corporate destination. Like Leica Camera Inc., which moved its base to Teaneck last year. And the work-play-stay campus continues to drive interest, with 20,000 square feet of leasing activity announced earlier in 2024.

Evolving needs

“Today’s fast moving business landscape underscores the importance of an office environment that can evolve with the needs of its tenants,” added Carolina Gutierrez, leasing and marketing manager, Alfred Sanzari Enterprises. “We are proud to provide Agam Capital Management with the space they need to drive the continued growth of their firm at Glenpointe.”

The interconnected property features 670,000 square feet of Class A office space. Complementing that are three onsite hotels totaling 700 keys and Teaneck’s only Starbucks. There’s also the 26,000-square-foot Glenpointe Fitness Center, casual and fine dining options – like Marketplace, An Urban Eatery, The Green 22,000-square-foot outdoor amenity space, and more.

In May, a multimillion-dollar update got started at Glenpointe Marriot.

The campus is highly accessibly. Located at the intersection of Interstate 80 and the New Jersey Turnpike, it also offers direct access to Manhattan via the George Washington Bridge.

History of success

Earlier in July, Alfred Sanzari Enterprises also announced a transition among its senior leadership.

Following Jerry Barta’s retirement, ASE named Christopher DeLorenzo as its next vice president and director of leasing and marketing July 15.

Barta worked with the company for 30 years. Over that time, he negotiated more than $1 billion in commercial leases with hundreds of tenants across ASE’s 6 million-square-foot portfolio. The firm said he was “guided by an unmatched understanding of deal economics and market conditions.”

“In his time with Alfred Sanzari Enterprises, Jerry has exemplified the core values of hard work, integrity, loyalty, and passion that our firm was founded upon,” said David Sanzari, CEO of Alfred Sanzari Enterprises. “The Sanzari family extends our most heartfelt thanks to Jerry for everything he has done for us over the last three decades, and we wish him all the best in his much-deserved retirement.”

Long-term planning

DeLorenzo brings more than 25 years of commercial real estate experience to his new role. He is responsible for guiding leasing and marketing strategy for Alfred Sanzari’s commercial portfolio. He will work closely with David Sanzari, President Ryan Sanzari and Gutierrez.

Together, they’ll support the firm’s long-term ownership strategy across its office, industrial, retail and medical office properties.

DeLorenzo joins from The Birch Group, where he most recently served as executive vice president. In that role he oversaw leasing, asset management and operations for a 6.5 million-square-foot portfolio. DeLorenzo’s past experience also includes executive vice president positions at both JLL in New Jersey as well as Mack-Cali Realty Corp.

“Since my grandfather negotiated his first commercial lease, we have taken great pride in our relationships with our tenants and the brokerage community,” commented Ryan Sanzari. “Chris’s extensive industry experience and hands-on approach make him the ideal person to build on our seven-plus decades of leasing success. We are excited to welcome him to the Alfred Sanzari Enterprises family and look forward to his achievements in the coming years.”

“Few names in New Jersey’s commercial real estate industry carry the same weight as Alfred Sanzari Enterprises. I am honored to have the opportunity to join such a highly respected organization,” DeLorenzo added, “I look forward to working with the entire team to drive leasing at many of the state’s premier buildings and help the company achieve long-term investment goals.”