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Rockefeller Group Logistics Park 55 Paradise Ln 66,406 SF of 4-Star Industrial Space Available in Bay Shore, NY 11706

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HIGHLIGHTS

  • FOREIGN TRADE ZONE (FTZ) Enabled.
  • Divisions available from 53,102 SF. See division plans.
  • Convenient to air and sea distribution solutions, including JFK International and LaGuardia Airports and the Port Newark–Elizabeth Marine Terminal.
  • Brand-new facility within a rapidly expanding Long Island submarket that is primed to meet the demands of a growing population.
  • Meet all distribution needs with 40 docks, 2 drive-ins, 47.5 by 54-foot column spacing, 36-foot ceiling clear heights, and 40 trailer parking spaces.
  • Access highly skilled labor force of over 56,400 warehouse employees who live within a 10-mile radius of the property.

FEATURES

Clear Height
36’
Column Spacing
47’ x 54’
Drive In Bays
2
Exterior Dock Doors
40
Cross Docks
Yes
Standard Parking Spaces
270

ALL AVAILABLE SPACE(1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 66,406 SF
  • 5-10 Years
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • Full Build-Out
  • Now

Available immediately. Property features 40 loading docks and 2 drive-ins. Highly connected to major highways and methods of freight distribution.

  • Lease rate does not include utilities, property expenses or building services
  • Space is in Excellent Condition
  • Divisions available
  • Highly connected to major highways
  • 2 Drive Ins
  • 40 Loading Docks
  • Potential for .75 acers for outdoor storage
Space Size Term Rental Rate Space Use Condition Available
1st Floor 66,406 SF 5-10 Years Upon Request Upon Request Upon Request Upon Request Industrial Full Build-Out Now

1st Floor

Size
66,406 SF
Term
5-10 Years
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 66,406 SF
Term 5-10 Years
Rental Rate Upon Request
Space Use Industrial
Condition Full Build-Out
Available Now

Available immediately. Property features 40 loading docks and 2 drive-ins. Highly connected to major highways and methods of freight distribution.

  • Lease rate does not include utilities, property expenses or building services
  • 2 Drive Ins
  • Space is in Excellent Condition
  • 40 Loading Docks
  • Divisions available
  • Potential for .75 acers for outdoor storage
  • Highly connected to major highways

MATTERPORT 3D TOURS

View Warehouse Video Tour

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PROPERTY OVERVIEW

55 Paradise Lane is one of three state-of-the-art distribution facilities in the Rockefeller Group Logistics Park in Bayshore, New York. Rockefeller Group has long recognized Long Island as a significant market for industrial development. With last-mile locations growing in demand, this brand-new facility provides the region with Class A distribution and industrial space as the market continues to expand and evolve. Containing 172,622 square feet, construction for 55 Paradise Lane has recently been completed. The distribution center includes 36-foot ceiling clear heights, 47.5-foot by 54-foot column spacing, 40 dock-high doors, two drive-ins, 270 standard vehicle parking spaces, and 40 trailer parking spaces. Additionally, 7,317 square feet of office mezzanine space is included. 55 Paradise Lane offers convenient access to highways and methods of freight distribution. The property sits within 1.8 miles from the Southern State Parkway, 3.6 miles from the Long Island Expressway/Interstate 495, and 4.2 miles from the Northern State Parkway. For efficient freight distribution, reach the Long Island Rail Road’s Deer Park Station in 1.5 miles, John F. Kennedy International Airport in 4.2 miles, LaGuardia Airport in 38.8 miles, and the Port Newark–Elizabeth Marine Terminal in 59.6 miles.

WAREHOUSE FACILITY FACTS

Building Size
172,622 SF
Lot Size
10.75 AC
Year Built
2023
Construction
Reinforced Concrete
Sprinkler System
ESFR
Power Supply
Amps: 2,500
Zoning
Light Industrial - Light industrial / Foreign Trade Zone Enabled.

MARKETING BROCHURE

ABOUT HAUPPAUGE

Centrally located on Long Island, Hauppauge has one of the largest clusters of industrial inventory found in Nassau or Suffolk counties. The area is home to Hauppauge Industrial Park, which hosts about 1,000 companies and employs roughly 55,000 people. Altogether, the local industrial market totals close to 28 million square feet of inventory, most of which is found in warehouse and distribution properties.

Hauppauge is well served by transportation options, including several major routes and highways. The Long Island Expressway and Veterans' Memorial Highway run east-west through the region, while NY-11 moves traffic from north to south. The Ronkonkoma branch of the LIRR also runs through the Hauppauge area, with nearby stops including Brentwood, Central Islip, and Ronkonkoma. Properties here offer quick access to the roughly 8 million Long Island residents, who can reach Manhattan in about an hour.

Hauppauge is home to a diverse array of tenants, representing several industries. Several businesses are headquartered nearby, including Duro Dyne, Bearings Limited, and LNK International. Other companies with large operations in the area include Sysco, Raymour & Flanigan Furniture, and Lidl.

DEMOGRAPHICS

REGIONAL ACCESSIBILITY

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
New York
8,398,748
43
1 h 7 m
Philadelphia
1,584,138
137
3 h 0 m
Boston
694,583
190
4 h 56 m
Baltimore
602,495
234
4 h 54 m
Washington
702,455
269
5 h 41 m
Raleigh
469,298
527
10 h 51 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
819,582
Total Labor Force
429,265
Unemployment Rate
2.97%
Median Household Income
$121,547
Warehouse Employees
54,308
High School Education Or Higher
90.10%
$ values in USD

LEASING TEAM

LEASING TEAM

Frank Frizalone, Executive Managing Director
Frank Frizalone, SIOR, is an Executive Managing Director, for Cushman & Wakefield of Long Island, Inc.  Mr. Frizalone specializes in representing National as well as Regional Corporations in their industrial leasing, sales and build-to-suit requirements.  Additionally, Mr. Frizalone’s expertise in the development of strategic planning initiatives focusing on diversified business areas such as supply chain strategy, location optimization, transportation costs and labor availability and sustainability has led to improved efficiency and profitability for his clients.

Mr. Frizalone has over 30 years of commercial real estate experience with specialization in the areas of Owner Representation; Highest and Best Use Property Analysis; Site Selection; Tenant/Purchaser Representation; Lease/Contract Review, Analysis and Negotiation, and is a specialist in Supply Chain Solutions.
Nicholas Gallipoli, Managing Director
Mr. Gallipoli has five years of commercial real estate brokerage experience, with a specialization in owner representation and tenant/user representation for the following: acquisitions, dispositions, site selection, leasing, build-to-suit, consolidations and investment sales. Nicholas has become a trusted advisor responsible for overseeing the implementation of complex real estate transactions throughout the United States for numerous corporate clients.


Recent regional and national transactions include:

The disposition of a 109,000 SF Industrial Facility ($6.5 Million)
Various long-term retail ground leases - Hess Corp
Autopart International - (3) distribution facilities totaling 45K SF
Pilkington North America distribution facility (13K SF).
  
Nick is actively involved in the following associations:  Advanced Cancer Research Foundation, the American Heart Association fundraising committee and the Commercial Industrial Brokers Society (CIBS).
Thomas DeLuca, Managing Director
Thomas DeLuca joined Cushman & Wakefield in 2015 and specializes in industrial advisory services with a primary focus throughout Nassau and Suffolk County. Thomas has emerged as one of Long Island’s top industrial advisors, providing expertise in advanced financial strategies with a dedication to market analytics and extensive market knowledge. His clients include private and institutional investors, REITs, corporations, and local/regional occupiers.

Thomas’ responsibilities include managing and underwriting investment properties, landlord and tenant advisory, land development, and acquisition and disposition of industrial facilities.

Thomas is a member of the Commercial Industrial Brokers Society (CIBS).
John Giannuzzi, Director
John Giannuzzi is a Senior Associate at Cushman & Wakefield’s National Industrial Practice Group and represents corporations in their leasing, acquisitions, dispositions, build-to-suit and investment sales.

Prior to joining Cushman and Wakefield, John worked as a Junior Funding specialist for Money Works Direct where he assisted senior funding specialists in opening new client accounts, as well as spoke with small business owners in need of working capital, and presented them with several financial options during the initial analysis. John successfully analyzed business bank statements and performed a cash flow analysis for their debt service.
David Frattaroli, Senior Associate
David Frattaroli joined Cushman & Wakefield in 2022 and specializes in industrial and advisory services with a primary focus through Nassau and Suffolk County. He assists in the process of representing companies their leasing, acquisitions, dispositions, build-to-suit and investment sales.

David’s responsibilities on the Long Island Industrial Advisory Team include cold calling, canvassing, marketing of agencies, etc. David focuses most of his time on cold calling into Nassau County and the Outer Boroughs.

ABOUT THE OWNER

Read More
  • Listing ID: 31523911

  • Date on Market: 2022-06-09

  • Last Updated:

  • Address: 55 Paradise Ln, Bay Shore, NY 11706

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