Savills announced a sweet deal, securing a new industrial lease for a manufacturer of doughnuts to expand in Rockaway.

Rockaway Holding Group LLC signed a 15-year lease for 124,556 square feet at 25 Green Pond Road. According to Savills‘ December announcement, the facility will produce more than 1 million doughnuts daily – making it one of North America’s largest such manufacturing facilities.

Additionally, Savills said the new occupant plans to invest “significant capital” to build out the new facility to meet its needs. The move marks a significant expansion for Rockway Holding Group. Savills said the company will move from its current 40,000-square-foot operation in Lodi.

Executive Managing Director Daniel Foley represented the tenant in the transaction.

Cushman & Wakefield Managing Director Stephen Sander and Executive Managing Director Steve Elman represented ownership, 25 Green Pond Investors LLC.

Dollars to doughnuts

“This facility will serve as a transformative hub for Rockaway Holding Group, enabling them to support their client at an even greater scale. We are proud to have helped secure a space that meets their ambitious growth and operational needs,” said Foley, who represented Rockaway Holding Group in the transaction.

Neither Savills nor Cushman & Wakefield responded to requests for additional comments and details regarding the incoming tenant, where the doughnuts will be distributed or which client(s) the new tenant will serve from the Rockway location. However, Savills did use the unique spelling “donut,” associated with the Dunkin’ brand, in its announcement.

When CBRE announced the sale of 25 Green Pond Road in 2022 for $19.6 million, it identified the single-story flex building directly off Interstate 80 as situated on more than 13 acres.

According to that announcement, Party City previously converted the property to occupy 106,000 square feet of space. However, due to “current market dynamics and the insatiable need for quality industrial space,” new ownership planned to return the complex to warehouse/logistics use.