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Deals & Dealmakers

Tobacco giant renews with Sanzari in NJ

Tobacco manufacturer JT international USA has expanded and renewed its lease for 18,500 s/f of office space at Alfred Sanzari’s Glenpointe corporate center in Teaneck, NJ.

JTI USA has been at the landmark office campus located at 300/400/500 Frank W. Burr Boulevard in Teaneck for the past 11 years. One of the world’s largest manufacturers and distributors of tobacco , the company houses its US market’s executive, marketing, sales, corporate affairs, finance, human resources and information technology teams at Glenpointe.

“For many businesses, relocation can be a massive disruption, but business realities can often make it a necessity,” said Jerry Barta, Vice President and Director of Leasing and Marketing for Alfred Sanzari Enterprises, which developed, owns and manages Glenpointe.

“Fortunately, the adaptable construction of Glenpointe ensures that the complex can serve the evolving space needs of growing tenants like JTI USA. Coupled with our focus on building long-term relationships with our tenants, the unparalleled Glenpointe tenant experience provides businesses with stability amidst today’s uncertain circumstances.”

Barta represented Alfred Sanzari Enterprises in the transaction. JTI was represented by Greg Barkan of CBRE.

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