201 Tabor Road
Update
03/13/24
Developers Land $83M Loan for Morris Plains Industrial Project
Joint developers, Lincoln Equities Group and PCCP, recently obtained an $83 million loan for a Class-A, industrial project, set to rise at 201 Tabor Road in Morris Plains, New Jersey. Issued by New York Life, this influx of capital will be used to fund all construction costs from the ground up.
To be known as "Lincoln Logistics Morris Plains", the 495,000 square-foot building will likely be used as a warehousing facility for large distribution operations.
The facility will feature 40-foot interior ceiling clearances and the property is located just a short drive from both I-80 and I-287, providing easy transportation access to Manhattan, Jersey City, and Newark.
The 66.6-acre lot was previously occupied by a multi-building, corporate campus, owned by Johnson & Johnson. The new development will reportedly span 55 acres. M+H Architects is leading design efforts and Terminal Construction Corporation will serve as the general contractor.
