News: Brokerage

Welco signs two Fairway Supermarket leases in Manhattan and Lake Grove

Jerry Welkis of Welco Realty, Inc. signed the following two Fairway Supermarket leases totaling 106,209 s/f : * Welco represented Fairway Supermarkets at 255 Greenwich (Murray Hill Section), the building that had been known as 75 Park Place until it was rebranded in an effort to attract a big-box retailer. Fairway Market, which launched its first store on the Upper West Side in the 1930s, is coming to the World Trade Center neighborhood. The grocery chain just signed a lease for a jumbo store of 52,000 s/f at 255 Greenwich St. at the corner of Murray Street, two blocks north of the WTC. The new Fairway will have 10,000 s/f on the ground floor and the rest in the concourse, with a main entrance on Greenwich and Murray Sts. The new downtown store is set to open next year. * Welco also arranged a 54,209 s/f lease for Fairway Market at DSW Plaza, 3200 Middle Country Rd. in Lake Grove. DSW Plaza is located across from the regional enclosed Smith Haven Mall. Other major tenants in the center are Babies & Toys R Us, DSW & Golfsmith.
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