Welco leases 21,500 s/f to Michael's at 400 Mill Creek Dr., Secaucus, N.J.

Welco leased 21,500 s/f to Michael's, one of North America's largest specialty retailer of arts, crafts, framing, home decor & seasonal products for hobbyists and DIY decorators, at 400 Mill Creek Dr. A.C. Moore was the former tenant. Jerry Welkis, a principal of Welco Realty represented the landlord, Hartz Mountain Industries. The tenant was represented by Jamie Sackeim of The Dartmouth Company. Other tenants in the center include PetSmart and Marshall's/Home Goods. Adjacent tenants are Bob's Furniture, Sports Authority, T.J.Maxx, Toys / Babies R Us, and Kohl's to name a few. Target opening date for Michael's is spring 2016.

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Marcus & Millichap brokers $2.8 million sale of free-market mixed-use property in Brooklyn

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Silver Arch Capital Partners provides $5.66 million loan for mixed-use multifamily development

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