355 Chestnut St. in Norwood — Courtesy: Alfred Sanzari Enterprises
By Joshua Burd
Alfred Sanzari Enterprises has signed a nearly 80,000-square-foot renewal with an essential oils and aroma chemical company, its longtime tenant at a Bergen County industrial building.
The commercial real estate firm said the user, Phoenix Aromas & Essential Oils, has more than tripled its footprint at 355 Chestnut St. in Norwood since its initial lease in 2001. The latter now occupies 79,466 square feet at the Sanzari-built property, which is minutes from the Palisades Interstate Parkway, the New York State Thruway and other major arteries.
“355 Chestnut has continuously reinforced its status as an in-demand building that has not only attracted quality tenants but has retained them for decades,” said Stephen Jennings, vice president of leasing and marketing at Sanzari. “We wish Phoenix Aromas & Essential Oils continued growth and success for many years to come as they enter their 21st year of business within the Alfred Sanzari Enterprises’ Norwood portfolio.”
Mitch Helfman of MRH Real Estate Services represented Phoenix Aromas, which over time has expanded its offices, product labs and warehouse and distribution spaces at the building. Sanzari noted the facility has six loading docks and 20-foot clear ceiling heights, while it’s also within walking distance of multiple dining options.
“Having spent the past two decades supplying customers with the highest quality fragrances, ingredients and flavors available, we are thrilled to be able to expand within our longtime home of 355 Chestnut,” said Jean-Paul Benveniste, CEO of Phoenix Aromas & Essential Oils. “This property has facilitated the tremendous success of our business, and we truly look forward to continuing to headquarter our company at the building as we execute our long-term growth plans.”
