Real Estate

South Korean Cosmetics R&D Company Opens US HQ in Glenpointe

Kolmar Korea, a South Korean cosmetics research and development company, has signed a 16,102-square-foot lease for its first North American headquarters site at Glenpointe Centre West, part of the Glenpointe corporate campus located in Teaneck.

Established in 1990, Kolmar Korea is the No. 1 original design manufacturing solution and platform service provider in South Korea with a focus on cosmetics, pharmaceuticals, and health-functional foods. Kolmar and its affiliates’ offices and manufacturing locations across South Korea, China, Canada, and the United States provide end-to-end service for its clients from trend direction, formula innovation, product development, packaging and manufacturing to logistics management powered by its global, industry-leading technology and quality control systems compliant with CGMP regulations.

“As we sought to find a new location for our North American headquarters, it was immediately clear that there was no destination quite like Glenpointe in the metro NYC market,” said Jason Lee, CFO of Kolmar USA. “We are confident that Glenpointe will be the perfect place to inspire and engage our employees and clients as we seek to grow our North American business in the years to come.”

The new lease with Kolmar builds upon Alfred Sanzari Enterprises’ strong leasing activity at the 670,000-square-foot Glenpointe corporate campus in 2022. Since the start of the year, the firm has negotiated 79,868 square feet of leases with a wide range of companies including Leica Camera, Axia Women’s Health, Agam Capital Management, and Moroch Partners, Inc.

Focused on providing a unique work-play-stay experience for employees at the dozens of companies that call the campus home, Glenpointe combines adaptable class-A office space with a slate of diverse amenity offerings that are unmatched in the market.

The campus boasts the 26,000-square-foot Glenpointe Fitness Center, a 22,000-square-foot multi-purpose outdoor amenity space, 700 hotel rooms across three on-site hotels, ample casual and fine dining options, an on-site full-service Starbucks, abundant covered parking and 24/7 security. Alfred Sanzari Enterprises also recently introduced FLEX Powered by Glenpointe, a 5,300-square-foot flexible coworking space tailored to the needs of today’s small businesses.

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