The property asset involved in the transaction is located at 611 River Dr, Elmwood Park, NJ, 07407. It comprises a total of 5,765 square feet of space in the Elmwood Park market, designated for lease. The landlord remains unknown.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: Not disclosed
• Address: 611 River Dr, Elmwood Park, NJ, 07407
• Market: Elmwood Park
• Tenant: Lee & Associates New Jersey
• Landlord: Unknown
• Tenant's Representative: Joe Tormen-Lee & Associates
• Landlord's Representatives: Curtis Foster-Cushman & Wakefield, Jerry Shifrin-Cushman & Wakefield

Key individuals involved in the transaction include Jason Lynch, a principal at Lee & Associates New Jersey, who discussed the benefits of the new space for workplace collaboration and COVID-19 precautions. Joe Tormen and Peter Rasmusson represented the tenant in the deal, while Jerry Shifrin and Curtis Foster acted on behalf of the landlord. The transaction was completed despite challenges posed by the pandemic, allowing the tenant to move to a more efficient office layout.