Welco Realty Expands Sport Clips in NJ

NEW JERSEY — National men’s haircut chain Sport Clips continues its expansion in northern New Jersey with three new locations.   The sports-themed chain leased 1,050 s.f. in Troy Hills Center in Parsippany, 1,250 s.f. in New Bridge Landing at River Edge, and 1,330 s.f. in Village Shopping Center in New Providence. “Sport Clips is very interested in growing the brand... [Read More]

June 12 2015

North Jersey Retail Rising – Welkis Interview

Northeast Real Estate Business New Jersey, March/April 2015

For the first time in a long time in Central and Northern New Jersey, we can stop talking about the light at the end of the tunnel. The market has emerged into full sunshine, and the lingering aftereffects of the recession are now fully in the rear-view mirror. The current strength of the market and robust activity in terms of new commercial development is something we... [Read More]

May 05 2015


RAMSEY, NJ — National gourmet sandwich chain Jimmy John’s continues is expansion in New Jersey with a new 1,130 SF location at Ramsey Center – 875 Route 17 South, Ramsey, NJ. The store is the first in Northern Bergen County. “Jimmy John’s has really great exposure on Route 17, and the business is steadily growing,” says David Townes of Welco Realty, who... [Read More]

March 25 2015


SHREWSBURY, NJ — Cost Plus World Market, a division of Bed, Bath & Beyond has secured a new 15,000 sf space at 490 Broad Street, Shrewsbury, New Jersey. It is their second store in the New Jersey area (Monmouth County). They opened their first Northeast store in July 2014 at 530 W. Mt. Pleasant Avenue in Livingston, New Jersey (Essex County). Cost... [Read More]

February 27 2015


NORTHVALE, NJ — National pet supply chain Pet Depot has secured a new 3,015 SF space at 271 Livingston St – Northvale Square Shopping Center. The store is the first in the chain in Bergen County, and the fifth Pet Depot franchise in the state of New Jersey. “The Northvale area is great for Pet Depot and this center in particular will provide the new store with lots of... [Read More]

November 21 2014

Bronx’s Mall at Bay Plaza nabs another tenant ahead of opening

The Mall at Bay Plaza locked in another large tenant just ahead of the Bronx shopping center’s opening today. XSport Fitness finalized a lease for 37,000 square feet on the third and fourth floors last week and all tenants sign a 10-year lease, the New York Observer reported. The operator of 24-hour gyms is expected to open for business at Bay Plaza in... [Read More]

August 14 2014

Forever 21 Signs for Space in Mall at Bay Plaza

Discount fashion retailer Forever 21 has signed a lease for a 15,000-square-foot space for the upcoming Mall at Bay Plaza in the North Bronx, the shopping center’s developer, Prestige Properties,announced Thursday. The Los Angeles-based chain will move in alongside stores like Victoria Secret, H&M and anchor department stores Macy’s and JC Penney in the... [Read More]

June 13 2014

EXCLUSIVE Five Retail Leasing Trends You Need to Know

Jennifer LeClaire | Miami

MIAMI—Retail leasing is a different animal in Miami than it is in Houston, Seattle or Chicago. But there are some common threads that run through the markets. caught up with Jerry Welkis, president of Welco Realty and X Team International partner, to get his take on how retail leasing has changed and what trends he sees in emerging in part one of... [Read More]

April 22 2014

Beauty Shop Takes Space at Mall at Bay Plaza

Lauren Elkies Schram

National one-stop-shop beauty products store Ulta Beauty signed a lease for 11,400 square feet at the under-construction Mall at Bay Plazanear Co-op City in the Bronx, and hopes to debut on Aug. 14, the day of the mall’s grand opening. Ulta’s asking rent was in the low-$100s per square foot and the mall’s rents climb as high as the $200 per square foot range (for... [Read More]

April 03 2014

Welkis of Welco Realty Represents Tenant Frantzman of Levin Mgmt. Negotiates 22,000 s.f. Lease

Mid Atlantic Real Estate Journal – Shopping Centers

FLEMINGTON, NJ – North Plainfield based Levin Management has announced the successful negotiation of a long-term lease with HomeGoods at The Shoppes at Flemington. Levin’s leasing representative Jake Frantzman negotiated the transaction, which included construction of a new 22,000 s.f. building for the home fashions... [Read More]

September 22 2013