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Modern Packaging Signs Lease For 106216 SF At 55 Paradise Lane In Bay Shore

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LEASED
John Giannuzzi
Thomas (Tom) DeLuca
Nicholas (Nick) Gallipoli
+ 4

New York

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Industrial106,216 SF
Leased 09/10/2025
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Property Image
LEASED

Modern Packaging Signs Lease For 106216 SF At 55 Paradise Lane In Bay Shore

55 Paradise Lane

See Similar Deals
Industrial106,216 SF
Leased 09/10/2025
John Giannuzzi
Thomas (Tom) DeLuca
Nicholas (Nick) Gallipoli
+ 4
the dealplayerscompscontact
Contact now

Summary

NEW YORK
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:106,216 SF
Transaction Type:Lease

The property involved in this transaction is an industrial asset located at 55 Paradise Lane in Bay Shore. It encompasses a total square footage of 106,216, situated within a larger 172,622-SF industrial building developed by Rockefeller Group.

Summary of transaction details:

Modern Packaging, a subsidiary of ProMach, has signed a lease agreement for the property and is planning to relocate from Deer Park in the spring of 2026. The company is also pursuing economic incentives from the Town of Islip IDA to support its move.

Players

Thomas (Tom) DeLuca
Cushman & Wakefield
Thomas DeLuca
14 deals$123.7M volume
BROKER
Frank Frizalone
Cushman & Wakefield
Frank Frizalone
10 deals$94.4M volume
BROKER
Nicholas (Nick) Gallipoli
Cushman & Wakefield
Nicholas Gallipoli
16 deals$163.5M volume
BROKER
John Giannuzzi
Cushman & Wakefield
John Giannuzzi
10 deals$54.2M volume
BROKER
David Frattaroli
Cushman & Wakefield
David Frattaroli
2 deals(631) 270-3032
BROKER
Jordan Weidner
Cushman & Wakefield
Jordan Weidner
1 deal(513) 763-3058
BROKER
Austin Fitzpatrick
Cushman & Wakefield
Austin Fitzpatrick
1 deal(631) 655-2789
BROKER
Cushman & Wakefield
Cushman & Wakefield
BROKERAGE
Rockefeller Group
Rockefeller Group
LANDLORD

Details

LEASED
IMAGE: Thomas DeLuca, David Frattaroli, Daniel J. Moore, Nicholas Gallipoli, Frank Frizalone, Jordan Weidner, John Giannuzzi & Austin Fitzpatrick DATE: 09/10/2025 ADDRESS: 55 Paradise Lane MARKET: Bay Shore ASSET TYPE: Industrial ~ SF: 106,216 LANDLORD: Daniel J. Moore - Rockefeller Group (@RockefellerGroup) TENANT: Modern Packaging BROKERS: Thomas DeLuca, Jordan Weidner, Nicholas Gallipoli, Frank Frizalone, John Giannuzzi, David Frattaroli (@DavidFrat26) & Austin Fitzpatrick - Cushman & Wakefield (@CushWake) NOTE: Modern Packaging signed a lease for 106,216 SF at Rockefeller Group’s new 172,622-SF industrial building at 55 Paradise Lane in Bay Shore, nearly doubling the space it currently occupies in Deer Park. The company, a subsidiary of ProMach, will relocate in spring 2026 and is seeking economic incentives from the Town of Islip IDA.

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Deal Type
Effective Rent (Annual)

$6,088,237.02

Total Lease Value

$60,882,370.25

Net Landlord Cash Flow$6,088,237.02