News

Macy’s Is Coming!

Welco Realty Inc., New Rochelle, NY: Welco Realty represented the landlord on two new Macy’s department store leases for their new smaller format concept.  Macy’s signed a lease at Centerton Square in Mt. Laurel, New Jersey, and will join other major anchors such as Wegman’s, Target, Costco, TJMaxx, and DSW to name a few.  The store will be approximately 30,200 s.f.  This was a former Bed... [Read More]

HomeGoods Coming to New Hyde Park

Welco Realty Inc., New Rochelle, NY: Welco Realty represented the landlord, Stuart Russo, Irwin Sindeband, & Robert Flug, Managing Partners of SFR Realty, Inc. Welco Realty is pleased to announce that it negotiated a lease on behalf of ownership with HomeGoods, a division of TJX Companies to occupy approximately 24,000 s.f., formerly occupied by Walgreens. Jerry Welkis and David... [Read More]

Burlington Coming to Ramsey, NJ

Welco Realty Inc., New Rochelle, NY: Jerry Welkis, Exclusive Broker for Interstate Shopping Center, Ramsey, New Jersey is pleased to announce that he represented the Landlord, Ramsey Interstate Center, LLC on relocating DSW in the center to accommodate a 25,000 s.f. Burlington Coat, which will be the recent anchor, which is already anchored by DSW, Michael’s, Shoprite, Old Navy,... [Read More]

KPot Korean BBQ Signs 10,000 s.f. Lease in Neptune Plaza, Neptune, NJ

A restaurant that blends Asian hot pots with Korean barbecue has leased 10,000 s.f. at Neptune Plaza Shopping Center at 2200 US 66 in Neptune, New Jersey. KPOT is “a unique, hands-on, all-you-can-eat experience that merges traditional Asian hot pot with Korean BBQ flavors.” KPot will occupy a portion of the junior anchor space facing Rt. 66. Kevin... [Read More]

At Home Opening 2nd Long Island Superstore

Tory N. Parrish

NEWSDAY BUSINESS: By Tory N. Parrish Tory.parrish@newsday – October 5, 2022 Retail chain At Home is moving ahead with expansion plans, including a massive Long Island store that will open this month, while home goods sales fall overall amid consumers’ worries about high inflation and an impending recession. Our business has continued to evolve through store expansion... [Read More]

Old Navy Coming to Kearny Plaza (Kearny, NJ)

Welco Realty Inc., New Rochelle, NY, Exclusive Agent for Kearny Plaza is pleased to announce that they represented the landlord, Osborne Capital, LLC on leasing a former Modell’s Sporting Goods store 13,662 s.f. to Old Navy. Old Navy was represented by Michael Friedman of Inline Realty. Old Navy will be one of the new national retailers to locate in Kearny, New Jersey.... [Read More]

At Home Signed 2nd Lease in the Boroughs of New York /1st Lease in The Bronx.

Welco Realty Inc., New Rochelle, NY, Exclusive Agent for At Home in New York, is pleased to announce that At Home has signed its second lease in the boroughs of New York. The 135,000 square foot lease is at a former Kmart department store at Bay Plaza Shopping Center located in the Bronx. Bay Plaza Shopping Center is one of the largest shopping centers in the city of... [Read More]

Wegmans to Open 1st Store in Long Island.

Newsday LI Business - Tory N. Parrish

Welco Realty Inc., New Rochelle, NY, Exclusive Agent for DSW Plaza in Lake Grove, New York is proud to announce that it represented the landlord Prestige Properties and Development Co. in bringing Wegman’s as an anchor to the shopping center. Jerry Welkis and Etan Shalem of Welco Realty, Inc. negotiated the deal directly with Wegmans on behalf of Prestige Properties and... [Read More]

Raymour & Flanigan Properties, LLC Purchases Former Modell’s in Ozone Park, NY.

Welco Realty, Inc., New Rochelle, New York is pleased to announce that Jerry Welkis, President of Welco Realty, Inc. represented The Polizzotto Family Limited Partnership on the Sale of the former Modell’s property located on the corner of Woodhaven Boulevard and Rockaway Boulevard (94-11 Rockaway Boulevard).  Prior to Modell’s occupying... [Read More]

The Mall at Bay Plaza Welcomes 1st Apple Store in the Bronx.

Welco Realty, Inc. represented the landlord, Prestige Properties & Development Co, Inc. to bring Apple to their first location in the Bronx, New York at The Mall at Bay Plaza.  James O’Brien of Welco Realty, Inc. was the Agent who negotiated the deal. James was formerly with Simon Property Group for 35 years as Vice President of leasing NE. He has been with Welco Realty for... [Read More]