MORRIS PLAINS - JCP&L has found a new headquarters in the region after agreeing to lease some 58,000 square feet in Morris Plains, marking the latest addition to a former Honeywell International campus.
A spokesman for FirstEnergy Corp., the utility’s parent company, said the space at 115 Tabor Road will house roughly 150 employees. He added that JCP&L, which signed the lease late last year, expects to transition to the facility once renovations are complete.
The deal brings another major tenant to the 465,133-square-foot property, which Manhattan-based Argent Ventures LLC acquired in 2020 after the departure of Honeywell in 2018. And it comes after JCP&L confirmed last year that it would look to sell its current regional headquarters at 300 Madison Ave. in Morris Township, which spans some 210,000 square feet, reportedly noting that much of its workforce is mobile or working remotely.
The company also has an office at Holmdel’s Bell Works campus.
“As part of our ongoing facility optimization plan, we are working to sell our Morristown General Office at 300 Madison Ave. and have submitted a filing with the New Jersey Board of Public Utilities for approval of the contemplated sale,” the FirstEnergy spokesman, Christopher Hoenig, wrote in an email. “JCP&L maintains headquarters in both our northern and central regions.”
