A national beverage distributor will be expanding at a planned warehouse project in Melville.
Keurig Dr. Pepper has pre-leased an entire 103,500-square-foot warehouse that will be built on 8.18 acres at 125 Baylis Road. The company will be relocating from an adjacent building it’s been leasing at 135 Baylis Road.
The new warehouse and distribution facility is being developed by Phoenix-based Creation Equity and assisted by J.P. Morgan. The developer purchased the 100,000-square-foot office building at 125 Baylis Road for $10.716 million in August 2021 and is currently securing approvals for redeveloping the site.
The plan calls for demolishing the existing office building and replacing it with the new warehouse and distribution center, featuring 32-foot ceilings, 20 dock doors and two drive-in bays. The new building will have 96,900 square feet of warehouse space and 6,600 square feet of office space.
Formed in 2018 with the merger of Keurig Green Mountain and Dr. Pepper Snapple Group, publicly traded Keurig Dr. Pepper owns several well-known brands including Snapple, Canada Dry, 7 Up, Green Mountain Coffee, Mott’s, Hires Root Beer, and many more. The company, which employs nearly 27,000 people, reported net sales of $12.7 billion last year.
Phil Heilpern of CBRE represented the tenant, while his CBRE colleague Paul Leone represented the landlord in the Melville lease transaction.