News

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]

WELCO REALTY, INC. BRINGS JIMMY JOHN’S TO RAMSEY, NJ

RAMSEY, NJ — National gourmet sandwich chain Jimmy John’s continues is expansion in New Jersey with a new 1,130 SF location at Ramsey Center – 875 Route 17 South, Ramsey, NJ. The store is the first in Northern Bergen County. “Jimmy John’s has really great exposure on Route 17, and the business is steadily growing,” says David Townes of Welco Realty, who... [Read More]

WELCO REALTY, INC. PLACES COST PLUS WORLD MARKET IN SHREWSBURY, NJ

SHREWSBURY, NJ — Cost Plus World Market, a division of Bed, Bath & Beyond has secured a new 15,000 sf space at 490 Broad Street, Shrewsbury, New Jersey. It is their second store in the New Jersey area (Monmouth County). They opened their first Northeast store in July 2014 at 530 W. Mt. Pleasant Avenue in Livingston, New Jersey (Essex County). Cost... [Read More]

WELCO REALTY, INC. RECENT TRANSACTIONS

NORTHVALE, NJ — National pet supply chain Pet Depot has secured a new 3,015 SF space at 271 Livingston St – Northvale Square Shopping Center. The store is the first in the chain in Bergen County, and the fifth Pet Depot franchise in the state of New Jersey. “The Northvale area is great for Pet Depot and this center in particular will provide the new store with lots of... [Read More]

Bronx’s Mall at Bay Plaza nabs another tenant ahead of opening

The Mall at Bay Plaza locked in another large tenant just ahead of the Bronx shopping center’s opening today. XSport Fitness finalized a lease for 37,000 square feet on the third and fourth floors last week and all tenants sign a 10-year lease, the New York Observer reported. The operator of 24-hour gyms is expected to open for business at Bay Plaza... [Read More]