NEWS

Topgolf Coming to Edison & Other Recent Lease Transactions!

EDISON, NJWelco 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 south of the intersection of the NJ Turnpike and I-287.

After 16 years of operation and 24 U.S. locations, this is the company’s first location in the Northeast.  Topgolf has begun construction and is expected to open to the public Fall 2016 or early 2017.

Jerry Welkis & David Sternschuss, Principals of Welco Realty, represented the landlord, Hartz Mountain Industries, in this transaction.  John Hanlon of CBRE represented the tenant.

MONTCLAIR, NJ – Casual, eco-minded regional chain for organic burgers, BareBurger, has secured a 2,604 s.f. space at 480 Bloomfield Avenue, Montclair, New Jersey.  They are scheduled to open March 7, 2016.   To date there are 31 BareBurger locations in 9 U.S. states, Toronto, Tokyo & Dubai (Coming Soon). Tod Heller, Sales Associate at Welco Realty represented BareBurger in this transaction.

NANUET, NY – A small fast casual chain of franchise pizza restaurants, PizzaRev, has secured a lease for a 2,260 s.f. space at College Plaza, Nanuet, NY.  You can customize your personal pizza with their choice of crusts, various sauces, cheeses and toppings.  They are based in Los Angeles, CA.  The company was founded in 2012.  The company now has 32 stores throughout the U.S.  This is one of five locations in the New York area. The company’s slogan is “Craft your own!”  David Townes, Sales Associate at Welco Realty represented PizzaRev in this transaction.

PLAINVIEW, NY – Casual, eco-minded regional chain for organic burgers, BareBurger, has secured a 4,000 s.f. space at Plainview Shopping Center, 355 South Oyster Bay Road, Plainview, New York.

Etan Shalem, Sales Associate at Welco Realty represented the landlord, TREECO Centers Limited Partnership, in this transaction. Nick Masson of Schuckman Realty, Inc. represented the tenant.

PARAMUS, NJ – Kohler Showroom, a high-end bathroom & kitchen fixtures, plus design services, has secured a lease for 4,000 s.f. end cap location at 160 Route 17 N, Paramus, New Jersey.  It will be part of the re-development of the former Golf Galaxy building and former electronics store.

Jerry Welkis, Principal of Welco Realty, represented the landlord, 17 North Associates, LLC, in this transaction.  Stephanie Greco of The Greco Group represented the tenant.

March 02 2016