News

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]

Welco signs lease with Fairway in Brooklyn, NY

REBusiness Online - 8/17/15 Amy Works

New Rochelle, New York, August 4, 2015 — Welco Realty, Inc., an X Team partner, is pleased to announce the signing of approximately a 50,000 s.f. lease with supermarket chain Fairway Market at Georgetowne Shopping Center, 2149 Ralph Avenue, Brooklyn, New York.   Fairway has another store in Red Hook, Brooklyn.  The original flagship store, Fairway Market, at West... [Read More]

Torrid at Yonkers Gateway

A 3,750 s.f. Torrid is now open at Yonkers Gateway Center in Yonkers, New York.  Torrid is an American retail chain owned by Hot Topic, Inc.  The store offers plus-size clothing and accessories for women and teenage girls 12 – 26.  Torrid currently has over 170 stores in operation across 36 states in the United States.  For more info on Torrid go to http://www.torrid.com/.  As... [Read More]

Welco signs leases in River Edge & Union, NJ

Welco Realty, Inc., an X Team partner, is pleased to announce that it has arranged the following lease transactions: River Edge – New Bridge Landing.  Located on Rt. 4 & Main Street. There is one space of 1,740 s.f. still available.  The remainder of stores should be open within the next six months.  Welco represented both the landlord and tenant, except where... [Read More]

Welco signs 21,500 s.f. lease with Michael’s in Secaucus, NJ

SECAUCUS, NEW JERSEY — Michael’s (Nasdaq: MIK) is North America’s largest specialty retailer of arts, crafts, framing, home decor & seasonal products for hobbyists and DIY decorators. As of May 2, 2015, the Company owns and operates 1,177 Michael’s stores in 49 states and Canada and 118 Aaron Brothers stores.  Welco leased 21,500 s.f. to Michael’s at... [Read More]

Welco Realty Expands Sport Clips in NJ

NEW JERSEY — National men’s haircut chain Sport Clips continues its expansion in northern New Jersey with three new locations.   The sports-themed chain leased 1,050 s.f. in Troy Hills Center in Parsippany, 1,250 s.f. in New Bridge Landing at River Edge, and 1,330 s.f. in Village Shopping Center in New Providence. “Sport Clips is very interested in growing the brand... [Read More]

North Jersey Retail Rising – Welkis Interview

Northeast Real Estate Business New Jersey, March/April 2015

For the first time in a long time in Central and Northern New Jersey, we can stop talking about the light at the end of the tunnel. The market has emerged into full sunshine, and the lingering aftereffects of the recession are now fully in the rear-view mirror. The current strength of the market and robust activity in terms of new commercial development is something we... [Read More]