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Matthews Real Estate Investment Services Leases 2,997 SF At Glenpointe Centre West In Teaneck, New Jersey

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LEASED
Peter Kasparian
Jeff Schotz
+ 4

New Jersey

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Office2,997 SF
Leased 11/02/2023
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Property Image
LEASED

Matthews Real Estate Investment Services Leases 2,997 SF At Glenpointe Centre West In Teaneck, New Jersey

500 Frank West Burr Boulevard

See Similar Deals
Office2,997 SF
Leased 11/02/2023
Peter Kasparian
Jeff Schotz
+ 4
Contact now

Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:2,997 SF
Transaction Type:Lease

Matthews Real Estate Investment Services has leased 2,997 square feet of office space at Glenpointe Centre West in Teaneck, New Jersey. The property, located at 500 Frank West Burr Boulevard, offers a prime location for the expanding company. The deal was facilitated by Newmark and Cresa, with Dennis Gralla from Cresa serving as the broker for Matthews Real Estate Investment Services.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not provided
  • Square Footage: 2,997
  • Address: 500 Frank West Burr Boulevard, Teaneck, New Jersey
  • Market: Teaneck

According to the information available, Matthews Real Estate Investment Services has chosen this location to further establish its presence in New Jersey. The office space at Glenpointe Centre West will provide the company with the necessary space for its operations. The broker for the deal, Dennis Gralla of Cresa, worked with Newmark and represented Matthews Real Estate Investment Services in the lease negotiation.

Players

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



David Simson
Newmark
11 deals
BROKER

Peter Rossi
Newmark
5 deals
BROKER


Matthews
BROKERAGE


Carolina Gutierrez
Alfred Sanzari Enterprises
8 deals
LANDLORD

Details

LEASED
IMAGE: Carolina Gutierrez, Bill Pedersen, Dennis Gralla, Dan Reider, David Simson, Peter Rossi, Jeff Schotz & Peter Kasparian DATE: 11/02/2023 ADDRESS: 500 Frank West Burr Boulevard MARKET: Teaneck ASSET TYPE: Office ~ SF: 2,997 LANDLORD: Alfred Sanzari Enterprises (@AlfredSanzariEnterprises) - Carolina Gutierrez TENANT: Matthews Real Estate Investment Services (@Matthews_reis) - Bill Pedersen LANDLORD'S REP: Dan Reider, David Simson, Peter Kasparian, Jeff Schotz & Peter Rossi - Newmark (@Newmark) BROKER: Dennis Gralla - Cresa (@CresaGlobal) NOTE: Matthews Real Estate Investment Services has leased 2,997 square feet at Glenpointe Centre West in Teaneck, New Jersey, expanding its presence in the state. The deal was brokered by Newmark and Cresa.

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Deal Type
Effective Rent (Annual)

$171,786.23

Total Lease Value

$1,717,862.31

Net Landlord Cash Flow$171,786.23