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City: Park Ridge
The James
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 buyer will structure the purchase as part of a 1031 tax-deferred exchange, using proceeds from ...
Veris to Pay $130Mln for North Jersey Apartments Named After Late ‘Sopranos’ Actor
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., ...
115-Unit Apartment Property in Suburban Chicago Fetches $45.8Mln
Crain's Chicago Business Trilogy Real Estate Group has paid $45.8 million, or $398,260/unit, for Park 205, a 115-unit apartment property in Park Ridge, Ill., about 15 miles northwest of Chicago. The Chicago investment and management firm acquired the property form L&B ...
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