Denholtz Properties announced its first tenant for The Commissary at Baseline at Fort Monmouth in July; now a third-generation, family-owned food business is joining the roster.
Currently headquartered in Keyport, MGT Foods was founded in Brooklyn in 1968. It owns and operates food brands, including Mr. Green Tea Ice Cream, Mr. Mochi, The Bear & The Rat Cool Treats for Dogs and Eat Mud Non-Dairy Ice Cream.
According to Red Bank-based Denholtz, growing demand for MGT’s co-packing and co-manufacturing services prompted the search for a nearby production facility.
The Commissary at Baseline is a multipurpose destination with a focus on food and beverage uses.
“Working with Denholtz Properties and the borough of Oceanport has been a breath of fresh air, they recognize the untapped potential of the Fort and immediately understood how MGT Foods’ unique brand of food science and manufacturing can help return the area to its former glory,” MGT Foods Vice President Michael James Emanuele said in a statement.
Denholtz said it’s looking to build on the success of The Commissary at Baseline with plans for Phase Two, which will include the construction of 72,400 square feet of spec industrial/flex space across three buildings at Fort Monmouth on the site of the former Warehouse District—part of Parcel A that the company acquired in 2020. That project is scheduled for completion in 2023.
Birdsmouth Beer was the first tenant secured for The Commissary at Baseline.
“We recognized the tremendous untapped potential of The Commissary at Fort Monmouth from day one of our ownership of the property,” said Kristine Hurlbut, senior vice president of leasing at Denholtz Properties. “Since that time, our robust leasing activity with truly one-of-a-kind companies like MGT Foods and Birdsmouth Beer speaks to our success in creating a second life for this historic property.”