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SJP Properties, David Werner Real Estate Buy Hoboken Office Property From Veris for $210 Million

Original Developer Now Controls Entire Waterfront Complex
Veris Residential had a deal to sell Waterfront Corporate Center I in 2020 for $245 million, but it cratered amid the pandemic. (James Hooker/CoStar)
Veris Residential had a deal to sell Waterfront Corporate Center I in 2020 for $245 million, but it cratered amid the pandemic. (James Hooker/CoStar)
CoStar News
January 24, 2022 | 11:20 P.M.

Developer SJP Properties has bought a Hudson River waterfront office property in a complex it developed in Hoboken, New Jersey, from Veris Residential, the real estate investment trust formerly called Mack-Cali Realty.

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