News

TARGET Signs Lease in Bensonhurst – 18th Avenue

Commercial Observer: Lauren Elkies Schram - 2/1/2017

Target has lined up a 20,400-square-foot space in Bensonhurst for a store with a flexible layout and smaller packaging, according to a press release from the company. The store will replace Annie Sez and Mandee stores (which closed this week upon lease expiration) at 6401 18th Avenue at the corner of 64th Street. The lease, signed last week, is for 10 years with options,... [Read More]

February 03 2017

Farrow & Ball opens 2,000 s.f. showroom in Paramus, NJ

Shopping Centers - Mid Atlantic Real Estate Journal - November 25 - December 8, 2016 page 12C

PARAMUS, NEW JERSEY (The Shops at 17 North) – X-Team Partner Welco Realty, Inc, is pleased to announce that high-end British paint and wallpaper company Farrow & Ball has opened its first New Jersey store in Paramus, New Jersey.  The Paramus store is the 15th Farrow & Ball location in the United States.  The store is approximately 2,000 s.f. and has a 22 foot high... [Read More]

November 28 2016

Saks Inks First Bronx Deal with 25K s.f. store in Bay Plaza SC

Lauren Elkies Schram

Saks Fifth Avenue is bringing its first store to the Bronx with a Saks Off 5th at Prestige Properties & Development’s open-air Bay Plaza Shopping Center near Co-op City. The new discount store will span 25,000 square feet at ground level at 200 Baychester Avenue, Jerry Welkis of Welco Realty told Commercial Observer. He represented Prestige along with... [Read More]

October 27 2016

Annual List of NYC’s RE Firms with a Dozen Brokers or less – Commercial Observer

Lauren Elkies Schram, Deputy Editor, Commercial Observer

Welco Realty made the list! Founder: Jerry Welkis Date established: 1990 Number of brokers/agents then: 1 Number of brokers/agents now: 12 (plus 5 employees) When the Mall at Bay Plaza opened in the Bronx two years ago next month, it was billed as the first suburban-style fashion mall to be built in New York City in nearly 40 years. New... [Read More]

July 25 2016

WELCO MANAGEMENT, INC. Hires Executive VP of New Business Development

Kelsey Cleary - New Rochelle Patch

and will also be an Associate Broker for Welco Realty, Inc. Aaron Fleishaker brings over 25 years of retail real estate experience to the team NEW ROCHELLE, N.Y., May 10, 2016—Welco Realty Inc./Welco Management, Inc., an X Team International partner focused on retail tenant and landlord representation, has hired Aaron Fleishaker as Executive Vice... [Read More]

May 11 2016

Topgolf Coming to Edison & Other Recent Lease Transactions!

Chain Store Age, March 31, 2016 by Melonie Messina

EDISON, NJ – Welco Realty, Inc. a leading commercial brokerage firm in the New York Metro area specializing in retail leasing is pleased to announce that it has signed a lease with global golf entertainment leader Topgolf International for a 65,000 s.f. venue in Edison Towne Square, Edison, New Jersey.  The development is located on Route 1, just a mile... [Read More]

March 02 2016

Welco Announces Cost Plus World Market Grand Opening

SHREWSBURY, NJ – Welco Realty, Inc, a leading commercial brokerage firm in the New York Metro area specializing in retail leasing is pleased to announce the grand opening of Cost Plus World Market, a division of Bed, Bath & Beyond. This is the retailer’s second location in New Jersey and is located at 490 Broad Street.  They opened their first New Jersey... [Read More]

December 15 2015

Welco New Tenant Representation: Sierra Trading Post

Sierra Trading Post SEEKING SITES IN NEW JERSEY. Criteria:  20,000 – 25,000 s.f.   Prefer regional & community shopping centers with good co-tenancy.  Middle income to upper middle income. Sierra Trading Post is part of The TJX Companies, Inc., the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. ABOUT SIERRA TRADING POST Headquartered in... [Read More]

November 03 2015

Recent Lease Transactions

Macy’s Backstage – Essex Green SC, West Orange, NJ – 38,230 s.f. / Marshall’s – Mansfield Commons, Hackettstown, NJ – 21,674 s.f. / Marshall’s – Union Plaza SC, Union, NJ – 26,784 s.f. / Meridian Fitness & Wellness – The Promenade, Edgewater, NJ – 33,996 s.f. / T.J.Maxx – St. Georges Crossing SC, Woodbridge, NJ – 23,826 s.f./   For a complete list of Welco’s recent Lease Transactions click “Read More”.

October 02 2015

Welco brings Marshalls to Union, NJ

New Rochelle, New York, September 30, 2015 — Welco Realty, Inc., an X-Team partner, is pleased to announce the grand opening of a 26,784 s.f. Marshalls on October 22nd in Union Plaza Shopping Center, Union, New Jersey.  Marshalls stores offer current-season, brand-name and designer goods for men, women, teens and kids at incredible prices every day. Jerry Welkis, Principal &... [Read More]

September 30 2015