News

Daily Record – August 25, 2017 HANOVER – The Hanover Crossroads mall in Cedar Knolls has signed three new tenants to reach 100 percent occupancy. The 107,000-square-foot Morris County shopping center – owned and under development by Teaneck-based Key Properties – has added Old Navy (12,500 square feet), IHOP (5,000 square feet) and an Italian restaurant with... [Read More]

Real Estate NJ, July 19, 2017 / By Joshua Burd A shopping center that is under construction in Morris County has added a global shoe retailer to its roster, according to developer Key Properties LLC. In a news release, the firm said Famous Footwear has leased about 7,000 square feet at the Hanover Crossroads in Cedar Knolls. The company joins a lineup of existing and... [Read More]

Target has lined up a 20,400-square-foot space in Bensonhurst for a store with a flexible layout and smaller packaging, according to a press release from the company. The store will replace Annie Sez and Mandee stores (which closed this week upon lease expiration) at 6401 18th Avenue at the corner of 64th Street. The lease, signed last week, is for 10 years with options,... [Read More]

PARAMUS, NEW JERSEY (The Shops at 17 North) – X-Team Partner Welco Realty, Inc, is pleased to announce that high-end British paint and wallpaper company Farrow & Ball has opened its first New Jersey store in Paramus, New Jersey.  The Paramus store is the 15th Farrow & Ball location in the United States.  The store is approximately 2,000 s.f. and has a 22 foot high... [Read More]

Saks Fifth Avenue is bringing its first store to the Bronx with a Saks Off 5th at Prestige Properties & Development’s open-air Bay Plaza Shopping Center near Co-op City. The new discount store will span 25,000 square feet at ground level at 200 Baychester Avenue, Jerry Welkis of Welco Realty told Commercial Observer. He represented Prestige along with... [Read More]

Welco Realty made the list! Founder: Jerry Welkis Date established: 1990 Number of brokers/agents then: 1 Number of brokers/agents now: 12 (plus 5 employees) When the Mall at Bay Plaza opened in the Bronx two years ago next month, it was billed as the first suburban-style fashion mall to be built in New York City in nearly 40 years. New... [Read More]

and will also be an Associate Broker for Welco Realty, Inc. Aaron Fleishaker brings over 25 years of retail real estate experience to the team NEW ROCHELLE, N.Y., May 10, 2016—Welco Realty Inc./Welco Management, Inc., an X Team International partner focused on retail tenant and landlord representation, has hired Aaron Fleishaker as Executive Vice... [Read More]

EDISON, NJ – Welco 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... [Read More]

SHREWSBURY, NJ – Welco Realty, Inc, a leading commercial brokerage firm in the New York Metro area specializing in retail leasing is pleased to announce the grand opening of Cost Plus World Market, a division of Bed, Bath & Beyond. This is the retailer’s second location in New Jersey and is located at 490 Broad Street.  They opened their first New Jersey... [Read More]

Sierra Trading Post SEEKING SITES IN NEW JERSEY. Criteria:  20,000 – 25,000 s.f.   Prefer regional & community shopping centers with good co-tenancy.  Middle income to upper middle income. Sierra Trading Post is part of The TJX Companies, Inc., the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. ABOUT SIERRA TRADING POST Headquartered... [Read More]