SJP Properties And David Werner Real Estate Acquire Mixed-use Asset In Hoboken For $210M

111 River Street, a mixed-use property located in Hoboken, was recently sold for $210,000,000. The transaction was completed on 01/25/2022.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $210,000,000
• Address: 111 River Street, Hoboken
• Square Footage: 1,500,000
• Price per Square Foot: $140

The buyer of the property was SJP Properties and David Werner Real Estate, while the seller was Veris Residential. The deal was facilitated by Adam Spies, Andy Merin, Ben Lushing, Frank DiTommaso, and David Bernhaut from Cushman & Wakefield.