New Store Openings!
HomeGoods NOW OPEN at Summerhill Square, 585 Route 18 South. The 26,079 square-foot store is the 21st in the New York City market.
HomeGoods offers a variety of discounted merchandise for the home. Departments include furniture, rugs, lighting, decorative accessories, gourmet kitchen and dining, bedding, bath, kids décor and toys, outdoor living, pet accessories, storage, workspace and more.
HomeGoods operates more than 570 stores across the country. HomeGoods is a division of The TJX Companies Inc.
Jerry Welkis, principal of Welco Realty, represented the landlord, Summerhill Square LLC, as well as the tenant in this transaction.
Target NOW OPEN at 6401 18th Avenue, Brooklyn (Bensonhurst), New York. It is their 8th small-format store in New York for the retailer at 20,657 s.f. and is located at the corner of 64th Street & 18th Avenue.
“Target is a great merchant,” said Welkis. “They have great credit and they thought it would be a great amenity to the community to have one of the new Target urban concept stores. It was natural because of the tremendous population density, the subway diagonally across the street and they sell value-oriented merchandise.” The new Target site was formerly occupied by two stores, Annie Sez and Mandee, women’s clothing shops that both closed last year.
Jerry Welkis, principal of Welco Realty, represented the landlord, Alva Partnership, and Ripco Real Estate’s Jeffrey Howard represented the tenant in this transaction.