News

Saks Inks First Bronx Deal with 25K s.f. store in Bay Plaza SC

Lauren Elkies Schram

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]

Annual List of NYC’s RE Firms with a Dozen Brokers or less – Commercial Observer

Lauren Elkies Schram, Deputy Editor, Commercial Observer

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]

WELCO MANAGEMENT, INC. Hires Executive VP of New Business Development

Kelsey Cleary - New Rochelle Patch

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]

Topgolf Coming to Edison & Other Recent Lease Transactions!

Chain Store Age, March 31, 2016 by Melonie Messina

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]

Welco Announces Cost Plus World Market Grand Opening

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]

Welco New Tenant Representation: Sierra Trading Post

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]

Recent Lease Transactions

Macy’s Backstage – Essex Green SC, West Orange, NJ – 38,230 s.f. / Marshall’s – Mansfield Commons, Hackettstown, NJ – 21,674 s.f. / Marshall’s – Union Plaza SC, Union, NJ – 26,784 s.f. / Meridian Fitness & Wellness – The Promenade, Edgewater, NJ – 33,996 s.f. / T.J.Maxx – St. Georges Crossing SC, Woodbridge, NJ – 23,826 s.f./   For a complete list of Welco’s recent Lease Transactions click “Read More”.

Welco brings Marshalls to Union, NJ

New Rochelle, New York, September 30, 2015 — Welco Realty, Inc., an X-Team partner, is pleased to announce the grand opening of a 26,784 s.f. Marshalls on October 22nd in Union Plaza Shopping Center, Union, New Jersey.  Marshalls stores offer current-season, brand-name and designer goods for men, women, teens and kids at incredible prices every day. Jerry Welkis, Principal &... [Read More]

Welco brings Primo Hoagies to Springfield, NJ

SPRINGFIELD, NJ – September 28, 2015 – National sandwich chain Primo Hoagies has opened a new 1,800 sf location at 200 Route 22 Center Island in Springfield Township, New Jersey. The store is the first in Union County for the chain, which offers authentic Italian-style hoagie sandwiches. “Primo is joining a number of high profile restaurants on the Center Island of... [Read More]

Welco brings T.J.Maxx to Woodbridge, NJ

New Rochelle, New York, September 3, 2015 — Welco Realty, Inc., an XTeam partner, is pleased to announce the grand opening of a 23,826 s.f. T.J.Maxx on September 13th in St. Georges Crossing Shopping Center, 903 St. Georges Avenue, Woodbridge, New Jersey.  Other tenants in the center include PetSmart, ShopRite, Pier 1, Auto Zone, P.C. Richard & Son, Golf Galaxy, Chase,... [Read More]