News

Aug 28, 2023

Rockefeller Group nears completion of Bay Shore Logistics Park  

Rockefeller Group announced it is nearing completion of a 172,622 square foot

Rockefeller Group announced it is nearing completion of a 172,622 square foot distribution center at 55 Paradise Lane on Long Island's South Shore.

JLL is the exclusive leasing agent for the 10.75-acre logistics park, which includes 55 Paradise Lane and two existing distribution centers at 145 Candlewood Rd. and 158 Candlewood Rd., which are fully leased.

Set for completion in spring 2023, the state-of-the-art 55 Paradise Lane includes 36-foot-clear ceiling heights, 47.6-foot by 54-foot column spacing, 40 dock doors for trailers and two overhead doors and parking for 270 vehicles. Additionally, Rockefeller Group has local approvals to build 7,317 square feet of office mezzanine space and 21,280 square feet of storage mezzanine space at 55 Paradise Lane if demand calls for the additional space.

Rockefeller Group Logistics Park will serve as a regional logistics hub, providing much-needed distribution center space, especially for last-mile deliveries to Long Island's nearly 8 million residents. It sits 1.5 miles from the Long Island Railroad's Deer Park station, 1.8 miles from the Southern State Parkway, 3.6 miles from the Long Island Expressway, 4.2 miles from the Northern State Parkway, 33 miles from JFK, 39 miles from LaGuardia, 60 miles from the Port Newark-Elizabeth Marine Terminal.

A JLL Northeast Industrial team, led by executive managing director Leslie Lanne and executive vice presidents Doug Omstrom and Max Omstrom, is marketing 55 Paradise Lane. The team hosted an Oct. 26 open house event at the 55 Paradise Lane site that attracted more than 80 people, including members of the Islip Industrial Development Agency and Long Island's major brokerage houses to showcase the project and its imminent completion.

"We are excited to be nearing completion on 55 Paradise Lane and bringing more than 170,000 square feet of new industrial space to Long Island, where vacancies are at record low numbers," said Meg Brod, senior managing director of Rockefeller Group, who spoke at the open house. "55 Paradise is part of our active pipeline of industrial projects across the country and Long Island is an important market for us. Working closely with JLL, we are seeing interest from a number of users, including Fortune 500 companies, third party logistics firms and local businesses looking to expand."

According to JLL's 3Q 2022 Northeast Industrial Report, demand for industrial product on Long Island continued to see sustained growth in the third quarter of 2022, which has helped drive leasing velocity to 2.5 million square feet year-to-date, which is more than the entirety of 2021.

"The new Bay Shore Industrial Park perfectly meets a long list of criteria for a successful distribution hub, including its close proximity to major population centers and a strong workforce, a location with a low impact on residential neighborhoods, easy access to an array of transportation options and spacious modern facilities," Lanne said. "The soon-to-be-completed distribution center at 55 Paradise Lane will allow for the quick, convenient, safe fulfillment of orders, meeting the growing demand for ever-faster local deliveries."

Aurora Contractors of Ronkonkoma is serving as the 55 Paradise Lane project's general contractor, while KSS Architects of Manhattan is the architect and R&M of Huntington is the civil engineer.