BERGEN COUNTY, NJ — In a regional suburban real estate market where vacancies approaching 20% are not uncommon, Alfred Sanzari Enterprises continues to maintain record high occupancy levels throughout its commercial portfolio. The firm’s commercial portfolio – which encompasses well-located office, industrial and retail properties throughout Bergen County – is more than 93% leased, according to Jerry Barta, vice-president/director of leasing and marketing.
“We are extremely pleased with the continued outstanding leasing performance of our entire commercial portfolio,” said Barta. “That we’ve been able to achieve, and maintain, near full occupancy in a challenging economic environment is a testament to Alfred Sanzari Enterprises’ ownership and commitment to its real estate assets, as well as the strength of the relationships we have built – and continue to foster – with our tenants and the brokerage community.”
Since its inception, Alfred Sanzari Enterprises has retained ownership of almost every asset in its portfolio, a business philosophy valued by tenants, and lenders, that have come to rely on the firm’s stability as a property owner/manager. .
Alfred Sanzari Enterprises' diverse commercial portfolio includes 650,000 s/f of class A office space at Glenpointe in Teaneck, one of the state’s foremost mixed-use developments. The firm’s commercial portfolio also includes Court Plaza in Hackensack, a three-building office complex located across from the Bergen County Courthouse featuring a landscaped plaza, covered parking, a full-service bank, shoe shine/repair and dry cleaning services, a fitness center, and a cafeteria with indoor/outdoor seating; Heights Plaza in Hasbrouck Heights, offering ample covered parking, a cafeteria and a security/concierge center; Elmwood Park Plaza in Elmwood Park; the mixed-use Alfred N. Sanzari Medical Arts Building in Hackensack; Summit Plaza in Hackensack, a 100,000 s/f supermarket-anchored neighborhood retail center; and several well-located industrial parks.