Colliers, a leading diversified professional services firm, has been exclusively retained to market the sale of 199 Pomeroy Road, a ±85,200-square-foot, three-story office building in Parsippany. The property is being marketed via an online auction in conjunction with Ten-X.com, scheduled for Dec. 15–17.
The building will be delivered vacant, presenting a prime opportunity for an owner-user seeking a corporate headquarters or an investor targeting adaptable, well-located real estate. The property sits on 5.0 acres and features 312 surface parking spaces.
Key selling points: visibility and zoning versatility
The property’s strategic position directly off I-287 Exit 40 offers exceptional visibility to approximately 132,000 vehicles daily, including a rare opportunity for prominent building signage along the interstate.
The property’s SED-5 zoning allows for a wide range of by-right uses, including:
- Office
- Research & Development (R&D)
- Data Center
- Warehousing
- Manufacturing
Additionally, the zoning provides for conditional approval for various cannabis-related operations, such as cultivation, manufacturing and distribution.
“199 Pomeroy Road offers a unique blend of scale, accessibility, and zoning versatility in one of northern New Jersey’s most desirable business corridors,” Jacklene Chesler, vice chair, Colliers, said.
Recent renovations and market strength
The building has undergone extensive renovations in 2025, including modernized bathrooms and a high-end buildout on the first and third floors, featuring a glass-enclosed tenant lounge and modern conference room.
Parsippany continues to be a major corporate hub, home to Fortune 500 and global corporations like Avis Budget Group, Teva Pharmaceuticals and Zoetis.
The Colliers team representing the sale includes Chesler, Vice President Patrick Norris and Transaction Manager Brittany Leventoff.
