Hanwha Vision America Expands Lease At Glenpointe Center West In Teaneck | 500 West Frank West Burr Boulevard | Jeff Schotz, Peter Rossi, Dan Reider, Peter Kasparian, David Simson, Robert Norton, Remy DeVarrene | Office | Lease

Summary

Lease

TEXAS

Office

7,133 sqft

Hanwha Vision America, a video surveillance firm, has expanded its lease by 7,133 square feet at Teaneck's Glenpointe Center West in New Jersey. The additional space brings the company's total office area to approximately 29,000 square feet. The expansion supports Hanwha Vision America's growth in providing optical design, image processing, and cybersecurity technologies to clients worldwide.

Summary of transaction details

Property Type: Office
Transaction Amount: Not mentioned
Address: 500 West Frank West Burr Boulevard, Teaneck
Market: Teaneck

Hanwha Vision America's expanded lease at Teaneck's Glenpointe Center West signifies its commitment to accommodating its increasing business activities in the region. This decision allows the company to further develop and deliver its cutting-edge technologies to clients globally. The additional space will provide the necessary room for the company's future expansion and growth.

Players

All
9

Agents
7
Agencies
2

Jeff Schotz

$146.1M Sold

Senior Vice President

Remy DeVarrene

Senior Vice President

Newmark

CBRE

Details

Deal Summary

LEASED

IMAGE: Carolina Gutierrez, Robert Norton & Remy DeVarrene DATE: 08/11/2023 ADDRESS: 500 West Frank West Burr Boulevard MARKET: Teaneck ASSET TYPE: Office LANDLORD: Alfred Sanzari Enterprises (@AlfredSanzariEnterprises) - Carolina Gutierrez TENANT: Hanwha Vision America - C.H. Ha LANDLORD'S REP: Jeff Schotz, Peter Rossi, Dan Reider, Peter Kasparian & David Simson - Newmark (@Newmark) TENANT'S REP: Robert Norton & Remy DeVarrene - CBRE (@CBRE) ASKING RENT: $37.50.50/ft. ~ SF: 7,133 NOTE: Video surveillance firm Hanwha Vision America has expanded its lease by 7,133 square feet at Teaneck's Glenpointe Center West, bringing its total office space to about 29,000 square feet. The expansion supports the company's growth in delivering optical design, image processing, and cybersecurity technologies to clients globally.

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Address500 West Frank West Burr Boulevard

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