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Rockefeller Group Logistics Park 55 Paradise Ln
53,102 - 172,622 SF of 4-Star Industrial Space Available in Bay Shore, NY 11706
Highlights
- 55 Paradise Lane is a recently delivered Long Island distribution center spanning 172,622 square feet and part of a three-building industrial park.
- Ideally located 1.5 miles from the LIRR, 1.8 miles to the Southern State Parkway, and less than 5 miles to I-495 and the Northern State Parkway.
- Convenient to air and sea distribution solutions, including JFK International and LaGuardia Airports and the Port Newark–Elizabeth Marine Terminal.
- Secure a place in a 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.
- Receive business support from a highly skilled labor force of over 56,400 warehouse employees who live within a 10-mile radius of the property.
Features
all available space(1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Space Use
- Condition
- Available
172,622 SF warehouse available immediately. Property features 40 dock-high doors and two drive-ins. Highly connected to major highways and methods of freight distribution.
- Lease rate does not include certain property expenses
- 2 Drive Ins
- 40 Loading Docks
- Potential for .75 acers for outdoor storage
- Includes 7,317 SF of dedicated office space
- Space is in Excellent Condition
- Divisions available
| Space | Size | Term | Rental Rate | Space Use | Condition | Available |
| 1st Floor | 53,102-172,622 SF | 5-10 Years | $22.00 /SF/YR $1.83 /SF/MO $236.81 /m²/YR $19.73 /m²/MO $316,474 /MO $3,797,684 /YR | Industrial | Full Build-Out | Now |
1st Floor
| Size |
| 53,102-172,622 SF |
| Term |
| 5-10 Years |
| Rental Rate |
| $22.00 /SF/YR $1.83 /SF/MO $236.81 /m²/YR $19.73 /m²/MO $316,474 /MO $3,797,684 /YR |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 53,102-172,622 SF |
| Term | 5-10 Years |
| Rental Rate | $22.00 /SF/YR |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
172,622 SF warehouse available immediately. Property features 40 dock-high doors and two drive-ins. Highly connected to major highways and methods of freight distribution.
- Lease rate does not include certain property expenses
- Includes 7,317 SF of dedicated office space
- 2 Drive Ins
- Space is in Excellent Condition
- 40 Loading Docks
- Divisions available
- Potential for .75 acers for outdoor storage
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
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
Leasing Team
Leasing Team
Frank Frizalone, Executive Managing Director
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
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’ 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
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.
About the Owner
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Power Broker Frank Frizalone -
Nicholas Gallipoli -
Thomas DeLuca -
John Giannuzzi -
Austin Fitzpatrick -
David Frattaroli -
Cushman & Wakefield
Presented by
Rockefeller Group Logistics Park | 55 Paradise Ln
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