Welco Realty leases 15,000 s/f to Cost Plus World at 490 Broad Street
Cost Plus World Market, a division of Bed, Bath & Beyond has secured a new 15,000 s/f space at 490 Broad St. It is their second store in the New Jersey area (Monmouth County). Jerry Welkis, a principal of Welco Realty and David Townes, leasing agent of Welco Realty represented the landlord, MCP Associates, LP, in leasing the present Annie Sez store in Rt. 35. Welco Realty negotiated the deal directly with the tenant.
Brooklyn, NY Marcus & Millichap brokered the sale of 733 Dekalb Ave., a fully free-market multifamily and retail property in the Bed-Stuy neighborhood. The asset sold for $2.8 million.
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
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