Glenpointe Centre West at 500 Frank W. Burr Blvd. — Courtesy: Alfred Sanzari Enterprises
By Joshua Burd
An insurance solutions provider is expanding at the Glenpointe campus in Teaneck as part of a recent lease renewal with Alfred Sanzari Enterprises.
The business, Agam Capital Management LLC, has been a tenant at Glenpointe Centre West since 2016 and now occupies 4,731 square feet, according to a news release. The company will use its newly expanded space at 500 Frank W. Burr Blvd. to accommodate its need for additional general and administrative offices.
Newmark’s Jeff Schotz, Peter Rossi, Dan Reider, Peter Kasparian and David Simson represented ownership in the transaction.
“When we found Glenpointe nearly a decade ago, we knew it would be the perfect place to establish our corporate headquarters,” said Andrew Katz, Agam Capital Management’s chief operating officer. “We are proud to call Glenpointe home and extend our partnership with Alfred Sanzari Enterprises well into the future.”
In announcing the deal, Sanzari noted that Agam uses a cutting-edge proprietary asset and liability management system known as pALM to partner with insurance companies, helping them use capital more efficiently while minimizing risk. Its office at Glenpointe gives it direct access to Midtown Manhattan via the nearby George Washington Bridge, plus amenities such as a 26,000-square-foot fitness center, a 22,000-square-foot outdoor space, a high-end dining hall, 700 hotel rooms on the property and a host of retail and restaurant options.
“Today’s fast moving business landscape underscores the importance of an office environment that can evolve with the needs of its tenants,” said Carolina Gutierrez, leasing and marketing manager of Alfred Sanzari Enterprises. “We are proud to provide Agam Capital Management with the space they need to drive the continued growth of their firm at Glenpointe.”
