News

https://www.reuters.com/article/us-jc-penney-sale-bankruptcy/j-c-penney-enters-asset-purchase-agreement-with-brookfield-simon-idUKKBN27E07T Reuters, October 28, 2020 (Reuters) – J.C. Penney Co Inc said on Wednesday it has entered an asset purchase agreement with Brookfield Asset Management Inc, Simon Property Group, and a majority of the company’s... [Read More]

Guacamole’s Mexican Cuisine of Branford will be opening their second location at Connecticut Post Mall in the former Carrabba’s Italian Grill space. Connecticut Post Mall is located at 1201 Boston Post Rd, Milford, CT. Michael Boyarsky of Welco Realty secured a signed lease between Centennial & Guacamole’s Mexican Cuisine. Their lease was for 7,176 s.f. with an... [Read More]

By Joshua Burd – Real Estate NJ Click for link to re-nj.com article. Click for link to rew-online article. A landlord has inked a new 15,000-square-foot lease with Modell’s Sporting Goods in Marlboro, company executives announced Wednesday. Basser Kaufman, a Woodmere, New York-based real estate investment and development firm, said the sporting goods chain has... [Read More]

Ozone Park, NY – March 7, 2019 MadRag has signed a lease for 10,400 s.f.  space, the former Annie Sez space at 92-10 Rockaway Blvd. 618 Main Clothing Corp., doing business as 10 Spot/MadRag stores, owns and operates stores that offer women’s clothes and shoes. It offers runway sportswear, lingerie, and accessories.  618 Main Clothing Corp., is based in Secaucus, New... [Read More]

NANUET, NY—  Metropolitan Realty Associates reports have signed a contract to acquire the 218,000-square-foot Macy’s store at The Shops at Nanuet here. At Home, a national chain of home décor superstores has signed a 10-year lease for the entire first floor of the retail store comprising 101,488 square feet. Jerry Welkis, a principal of Welco Realty, represented the... [Read More]

BOWLERO – LARGEST BOWLING OPERATOR RE-OPENS WALLINGFORD BOWL! WALLINGFORD — A major operator of bowling centers NOW OPEN in the former Wallingford Bowl on Route 5. Wallingford Bowl, 980 N. Colony Road, closed its doors on May 30. Wallingford Bowl was formerly “T-Bowl.”  It is located near the Holiday Cinemas Stadium 14 theater and On Track. Discover... [Read More]

The opening of the NetCost Market at 3100 Ocean Avenue has been a cause for celebration in Sheepshead Bay this summer, offering hard-to-find imported goods and fresh produce for the residents of this densely-populated neighborhood. The 35,000 s/f  location, between Voorhies Avenue and Shore Parkway, also represents the fourth lease arranged for the chain by Jason... [Read More]

Bareburger continued its expansion with the recent opening of its fifth New Jersey location in Ridgewood, New Jersey.  The 3,500 s.f. family-friendly restaurant features Bareburger’s array of organic, locally sourced burgers, sandwiches, and salads as well as a full bar serving a wide selection of beer, wine, and cocktails. In addition to their standard lunch and dinner service,... [Read More]

Hanover Crossroads shopping center in Cedar Knolls, New Jersey has been named Mid-Atlantic Real Estate Journal “Best Retail Project of 2017.” As Exclusive Agents for this 108,000 s.f. center, we are happy to report that it’s 100 percent leased. The landlord is Key Properties, LLC. Jerry Welkis, principal of Welco Realty, was instrumental in leasing to the... [Read More]

“If I had to agree to live in one country, or even one city, for the rest of my life, never leaving it, I’d pick Tokyo in a second.” So said quintessential culinary nomad, chef extraordinaire and TV personality Anthony Bourdin to Maxim magazine last August. And when the Japanese—and those from other parts of Asia—import their foods and restaurant... [Read More]