Morris County · Parsippany-Troy Hills Township · #26CP0567
249 Pomeroy Rd
249 Pomeroy Rd, Parsippany-Troy Hills Township, NJ · 109,650 sq ft non-residential, warehouse & storage
About this project
A 109,650 sq ft moderate-hazard storage building is proposed at 249 Pomeroy Road in Parsippany-Troy Hills Township.
Official description: Storage building, moderate hazard; reported construction cost $6,711,945
- Plan type
- Building permit (new construction)
- Land use
- Storage building, moderate hazard
- Status
- Permit
Filing history
- 2026-04-09 · #26CP0567 · Building permit (new construction) · 109,650 sq ft
The full picture AI research · Nov 1, 2026
A single warehouse of about 110,000 square feet is being built at 249 Pomeroy Road in Parsippany-Troy Hills. County records list it as a moderate-hazard storage building of 109,650 square feet. Press coverage calls it the 249 Pomeroy Logistics Center and describes modern "Class A" space for one or two tenants.
The building is planned with 36-foot ceilings, 21 loading dock doors, two drive-in doors and 20 trailer parking spaces. It sits near the I-80 and I-287 interchange. The developer announced construction financing in January 2026 and expected to finish in October 2026. A broker is marketing the space, and no tenant has been named.
The township approved a long-term tax agreement for the project in 2023. Under it, the owner pays a negotiated annual amount in place of regular property taxes. No news of opposition was found. The coverage does not say what was on the site before.
What it could mean nearby
- Truck traffic: 21 dock doors and 20 trailer stalls point to regular truck trips, though no traffic study was found.
- Jobs: the number of jobs depends on the tenant, which has not been named.
- Township finances: the tax agreement means the township receives negotiated payments instead of standard property taxes.
Where it stands
Press coverage says the project had approvals and financing and was under construction, with delivery expected around October 2026. The latest county filing is dated 2026-04-09. Next steps usually include building inspections, a certificate of occupancy and tenant move-in.
- Oct 2026 Delivery expected, per developer coverage
- Apr 9, 2026 Latest filing in the county planning records
- Jan 28, 2026 Construction financing announced
- 2023 Township approved a tax agreement (PILOT) for the project
Want to weigh in? No further public approval was identified; questions can go to the Parsippany-Troy Hills Township planning and zoning offices.
Who's behind it
Advance Realty Investors · A Bedminster, NJ developer with an industrial portfolio of about 8 million square feet.
Around the web
- Advance's 110K-sf logistics hub ready to rise in ParsippanyNJBIZ · Jan 29, 2026Gives the developer, size, features, financing, expected October 2026 delivery, 2023 tax agreement and broker marketing.
- Developer Secures Financing for Industrial Facility at 249 Pomeroy Road In Parsippany, New JerseyNew York YIMBY · Jan 2026Also reports construction financing for the industrial facility at this address.
Planning terms explained
- PILOT
- Payment in lieu of taxes: a negotiated yearly payment to the township that replaces regular property taxes on a project.
- Class A industrial
- Newer, high-quality warehouse space with features such as tall ceilings and many loading docks.
- Dock door
- A loading bay where trucks back up to load or unload goods.
- Long Term Tax Exemption
- A New Jersey program that lets a municipality agree to a long-term tax arrangement for a redevelopment project.
- Certificate of occupancy
- The township's sign-off that a finished building is safe to use.
Researched by AI from public sources on Nov 1, 2026. It can make mistakes, so check the linked sources and the municipality before relying on it.
Scope estimate for contractors
Estimated construction value: $14.3M
- ~1,096 roofing squares (assumes 1 story)
- ~274 tons of cooling (rule of thumb 400 sq ft/ton)