News: Brokerage

Welco Realty completes six leases totaling 91,583 s/f

Welco Realty, Inc., completed the following six leases totaling 91,583 s/f: Mall at Bay Plaza, Bronx Retail Group of America - Fashion European brands d/b/a * Blanco - 3,149 s/f * F & F - 8, 872 s/f * Flomar - 498 s/f * Monsoon Kids - 1,500 s/f Welco represented the landlord in this transaction. DSW Plaza, Lake Grove, New York * Fairway Market - 54,209 s/f. Located across the street from the Smith Haven Mall. Fairway offers a combination of traditional, organic and specialty foods. This will be Fairway's third store in Long Island. The Lake Grove location will be the chain's fifteenth food store in the tri-state area. Welco represented both the landlord and tenant. * Ashley Furniture - 23,355 s/f. Welco represented the landlord. Ashley Furniture HomeStore has become one of the major retailers of furniture and home furnishings in the U.S. and internationally. Their stores are located throughout the United States, Canada, Mexico, Central America, and Japan.
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Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

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Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

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.