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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AmTrustRE completes $211m acquisition of 260 Madison Ave.

Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring

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Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.

Strategic pause - by Shallini Mehra and Chirag Doshi

Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent

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