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Vatech America Leases 16,262 SF Office Space At Glenpointe, Teaneck

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LEASED
Peter Kasparian
Jeff Schotz
+ 3

New Jersey

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Office16,262 SF
Leased 04/02/2024
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Property Image
LEASED

Vatech America Leases 16,262 SF Office Space At Glenpointe, Teaneck

300 Frank W Burr Boulevard

See Similar Deals
Office16,262 SF
Leased 04/02/2024
Peter Kasparian
Jeff Schotz
+ 3
Contact now

Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:16,262 SF
Transaction Type:Lease

The office lease transaction in Teaneck involved a 16,262-square-foot space at 300 Frank West Burr Boulevard. The property is part of the Glenpointe corporate campus and was leased by Vatech America Inc., a subsidiary of an international X-ray imaging company, for executive offices, general office functions, and a product showroom.

Summary of transaction details:

The deal was facilitated by Alfred Sanzari Enterprises, with the landlord's representatives from Newmark handling the lease on their behalf. Vatech America Inc. was represented by Harland Hollander from Savills, ensuring a smooth negotiation and agreement between the involved parties.

Players

Dan Reider
14 deals$146.1M volume(201) 460-5155
BROKER



David Simson
Newmark
11 deals
BROKER

Peter Rossi
Newmark
5 deals
BROKER

Details

LEASED
IMAGE: 04/02/2024 ADDRESS: 300 Frank West Burr Boulevard MARKET: Teaneck ASSET TYPE: Office ~ SF: 16,262 LANDLORD: David Sanzari & Carolina Gutierrez - Alfred Sanzari Enterprises TENANT: Vatech America Inc. LANDLORD'S REP: Dan Reider, David Simson, Jeff Schotz, Peter Kasparian & Peter Rossi - Newmark TENANT'S REP: Harland Hollander - Savills NOTE: Alfred Sanzari Enterprises signed a 16,262-square-foot office lease with Vatech America Inc. at its Glenpointe corporate campus in Teaneck. Vatech America, a subsidiary of an international X-ray imaging company, will utilize the space for executive offices, general office functions, and product showroom, recognizing Glenpointe's value for innovation in the dentistry sector.

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Deal Type
Effective Rent (Annual)

$932,128.03

Total Lease Value

$9,321,280.27

Net Landlord Cash Flow$932,128.03