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Veris Residential Set To Acquire North Jersey Apartment Complex for $130 Million

Company Continues Quest To Evolve Into Pure-Play Multifamily REIT
The James in Park Ridge, New Jersey, is 80,000 square feet, according to CoStar data. (James Leynse/CoStar)
The James in Park Ridge, New Jersey, is 80,000 square feet, according to CoStar data. (James Leynse/CoStar)
CoStar News
May 5, 2022 | 4:41 P.M.

Veris Residential, continuing its transition into being a mainly multifamily landlord, has struck a deal to acquire an apartment complex in Bergen County, New Jersey, for $130 million.

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