The property asset involved is an office space located at 80 Main Street, West Orange, NJ, encompassing 102,000 square feet. An acquisition loan amounting to $5,200,000 was secured for this transaction through First Commerce Bank.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $5,200,000
• Address: 80 Main Street
• Market: West Orange, NJ
• Lender: First Commerce Bank
• Landlord: Josh Mann - Iron Ore Properties
• Broker Representatives: Frank Stanislaski & Jack Subers - Progress Capital

Key individuals involved in this deal include Josh Mann, who represents the landlord interests under Iron Ore Properties, and Frank Stanislaski & Jack Subers, who acted as brokers from Progress Capital, facilitating the transaction between the lender and the landlord.