Rock Group Launches Industrial Build in Long Island’s Bay Shore
Rockefeller Group is developing a 172,622-square foot-distribution building in Bay Shore, NY, within Long Island’s Suffolk County. The company purchased the 10.75-acre parcel at 55 Paradise Ln. in 2020 for $32 million and also purchased the adjacent 145 and 158 Candlewood Rd. for $94.5 million.
“Rockefeller Group has long recognized Long Island as an important market for industrial development,” said Mark Shearer, senior managing director for Rockefeller Group.
The company also leased 158 Candlewood Rd. to Duro Dyne Corporation, which committed to 82,064 square feet. Lindenmeyr Munroe leased the remaining 115,184 square feet at 158 Candlewood. 145 Candlewood Road is fully leased to a costume designer and manufacturer.
JLL’s Leslie Lanne, Doug Omstrom and Max Omstrom are the leasing agents for the industrial park. CBRE’s Paul Leone and Phil Heilpern represented Duro Dyne, while Cushman & Wakefield’s Sean Duffy and Nicholas Gallipoli represented Lindenmeyr Munroe.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).