Construction underway at huge logistics center in Morris County [Yahoo! Finance]
Jones Lang LaSalle Incorporated (JLL)
Last jones lang lasalle incorporated earnings: 2/11 07:30 am
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Source: Yahoo! Finance
The facility, which is known as 249 Pomeroy Logistics Center, is under construction in Parsippany, according to a statement from JLL Northeast Industrial. It is scheduled to open in October 2026. The logistics center is being built at the interchange of Interstate 80 and Interstate 287. The development is classified under New Jersey's Long Term Tax Exemption-Urban Renewal Entities program, which was established in 2018 to encourage redevelopment in blighted areas. The property also has a payment-in-lieu-of-taxes agreement with the township of Parsippany-Troy Hills, officials said. “This building will be unique for prospective tenants due to its direct adjacency to I-287, providing any future occupier with incredible marketing opportunities while boasting a long-term tax exemption that minimizes occupancy costs,” said Alexander Cocoziello, principal and chief investment officer at Advance Realty Investors. The warehouse will include 36-foot clear heights, 21 dock doors, tw
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JLL
News
- EQT Real Estate acquires portfolio of 25 logistics properties across major U.S. distribution corridors from Mapletree [Yahoo! Finance]Yahoo! Finance
- JLL Foundation deploys record $5.1M to climate startups in 2025PR Newswire
- SL Green Signs Office Leases Totaling 490,000 Square Feet During the First Two Months of 2026 [Yahoo! Finance]Yahoo! Finance
- Why Real Estate Finance Is Embracing AI Faster Than Realtors [Forbes]Forbes
- JLL Secures $33.8M Loan for 428K Sq-Ft Hesperia Industrial Development [Los Angeles Times (CA)]Los Angeles Times
JLL
Earnings
- 2/18/26 - Beat
JLL
Sec Filings
- 3/3/26 - Form 8-K
- 2/19/26 - Form 10-K
- 2/18/26 - Form 4
- JLL's page on the SEC website