Castle Financial Management has renewed its lease for a 5,295-square-foot office space at Glenpointe Centre East in Teaneck, according to a Wednesday announcement from Alfred Sanzari Enterprises, which owns and manages the property.
Sanzari was represented in-house by Jerry Barta, former vice president and director of leasing and marketing, and Carolina Gutierrez, manager of leasing and marketing. Adam Karafiol, executive vice president of JLL, represented the tenant in the transaction.
A tenant at Glenpointe since 2019, Castle Financial Management is the family office of the Maschler family, providing them with comprehensive asset management and financial planning services. Leveraging over four decades of experience, Castle Financial Management oversees a diverse investment portfolio that includes a vertically integrated real estate portfolio and a range of privately-owned businesses, including Battleground Country Club in Manalapan.
Additionally, the office is responsible for the Maschler family’s philanthropic efforts, making significant contributions to various charitable causes and demonstrating a steadfast commitment to positively impacting society. Castle Financial Management will continue to use its space at Glenpointe Centre East for executive and administrative offices.
“We are happy to extend our lease at Glenpointe and remain a part of such a dynamic community of prominent and innovative companies,” Matthew Porter, director of finance and operations at Castle Financial Management, said. “It was an easy decision to renew our lease at Glenpointe based on the strategic location of the campus and its wide array of premium amenities available to our team.”
Gutierrez added: “Our continued strong leasing activity at Glenpointe epitomizes the ‘flight to quality’ seen in our current office market. We are thrilled to continue our relationship with Castle Financial Management and look forward to ensuring their space continues to meet the needs of their team and business.”
The iconic Glenpointe campus comprises over 670,000 square feet across four interconnected office, amenity and hotel buildings, plus a standalone, dual-branded hotel building.
Situated in a prime location in Teaneck at the intersection of Interstate 80 and the New Jersey Turnpike, Glenpointe offers direct access to Midtown Manhattan via the nearby George Washington Bridge. The campus’ strategic location is enhanced by an unmatched amenities package headlined by Marketplace, an Urban Eatery, a modern dining hall offering delicious, scratch-made, chef-prepared grab n’ go meals and made-to-order options, as well as specialty items from local purveyors.
