The Real Deal Veris Residential Inc. has agreed to pay $130 million, or $541,667/unit, for The James, a 240-unit apartment complex in Park Ridge, N.J., about 24 miles northwest of Manhattan. The Jersey City, N.J., REIT, formerly Mack-Cali Realty Corp., bought the property from its developer, Claremont Development of Morristown, N.J. It opened last year. […]

The post Veris to Pay $130Mln for North Jersey Apartments Named After Late ‘Sopranos’ Actor appeared first on Commercial Real Estate Direct.