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MSG Risk Management Leases Office Space At Glenpointe Centre West Teaneck

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LEASED
David DeMatteis
Dan Reider
+ 4

New Jersey

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Office3,429 SF
Leased 05/01/2024
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Property Image
LEASED

MSG Risk Management Leases Office Space At Glenpointe Centre West Teaneck

500 Frank W Burr Boulevard

See Similar Deals
Office3,429 SF
Leased 05/01/2024
David DeMatteis
Dan Reider
+ 4
Contact now

Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:3,429 SF
Transaction Type:Lease

Alfred Sanzari Enterprises has leased 3,429 square feet at Glenpointe Centre West in Teaneck, NJ, to MSG Risk Management & Insurance Consulting. The office space is located at 500 Frank W Burr Boulevard within the Teaneck market. The global firm, MSG Risk Management & Insurance Consulting, will be relocating their administrative offices to floors nine and ten of the building. Notable tenants at Glenpointe Centre West include Stop & Shop and Planet Fitness.

Summary of transaction details:

The transaction at Glenpointe Centre West in Teaneck, NJ, was facilitated by two prominent brokerages. Newmark represented the landlord, Alfred Sanzari Enterprises, while Cushman & Wakefield represented the tenant, MSG Risk Management & Insurance Consulting. The Glenpointe corporate campus where the office space is located boasts amenities such as Marketplace, a fitness center, and outdoor spaces, making it an attractive location for businesses.

Players

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



David Simson
Newmark
11 deals
BROKER

David DeMatteis
Cushman & Wakefield
11 deals
BROKER

Barry Zeller
Cushman & Wakefield
8 deals$27M volume
BROKER

Peter Rossi
Newmark
5 deals
BROKER

Details

LEASED
IMAGE: 05/01/2024 ADDRESS: 500 Frank W Burr Boulevard MARKET: Teaneck ASSET TYPE: Office ~ SF: 3,429 LANDLORD: David Sanzari - Alfred Sanzari Enterprises TENANT: Mitchell Gerber - MSG Risk Management & Insurance Consulting LANDLORD'S REP: Dan Reider, David Simson, Jeff Schotz, Peter Kasparian & Peter Rossi - Newmark TENANT'S REP: Barry Zeller & David DeMatteis - Cushman & Wakefield NOTE: Alfred Sanzari Enterprises has leased 3,429 square feet at Glenpointe Centre West in Teaneck, NJ, to MSG Risk Management & Insurance Consulting, a global firm relocating administrative offices to floors nine and ten alongside notable tenants like Stop & Shop and Planet Fitness. The transaction was facilitated by Newmark and Cushman & Wakefield, representing the landlord and tenant respectively, within the Glenpointe corporate campus featuring amenities like Marketplace, a fitness center, and outdoor spaces.

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Deal Type
Effective Rent (Annual)

$196,548.21

Total Lease Value

$1,965,482.11

Net Landlord Cash Flow$196,548.21