CUSHMAN & WAKEFIELD ARRANGES HEADQUARTERS LEASE RENEWAL FOR SPENCER SAVINGS BANK

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By Caryl Communications Inc -

ELMWOOD PARK, N.J. – February 23, 2012 – (RealEstateRama) — Spencer Savings Bank has renewed its headquarters lease for 40,000 square feet at River Drive Center 3, 611 River Drive in Elmwood Park, announced commercial real estate firm Cushman & Wakefield, Inc. The tenant, a 70-year-old savings bank with 19 branches in Northern and Central New Jersey, has been headquartered at the site since 2002 and has renewed for another 10-year term.

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