A former Party City space just a stone’s throw from one of the country’s most prominent interstate highways is slated to become a lot sweeter as a doughnut factory will be coming to a sprawling industrial property in Rockaway.
Real estate brokerage Savills recently announced that a doughnut manufacturer is set to expand into nearly 125,000 square feet at 25 Green Point Road. The operator, simply known as Rockaway Holding Group LLC, will triple its space when it moves to the property from their 40,000-square-foot location in Lodi.
With the move, the company will become one of largest doughnut manufacturing facilities in North America. The complex will produce an estimated total of more than one million doughnuts daily for their client, who was not disclosed during the announcement.
“This facility will serve as a transformative hub for Rockaway Holding Group, enabling them to support their client at an even greater scale,” said Savills Executive Managing Director Daniel Foley, who represented the tenant in the 15-year, 124,556-square-foot deal. “We are proud to have helped secure a space that meets their ambitious growth and operational needs.”
The sprawling Rockaway property, which sold for $19.6 million in 2022, is situated on 13.7 acres. Formerly home to a Party City outpost, the single-story, flex building is situated directly off I-80 and not far from the Hiberia Diner.
Cushman & Wakefield’s Stephen Sander and Steve Elman represented the landlord, 25 Green Pond Investors LLC, on the transaction. There is no word yet as to exactly when doughnuts could start to churn out at the property.