News: Brokerage

Welkis and Sternschuss of Welco Realty represent SFR Realty in 24,000 s/f lease to HomeGoods

New Hyde Park, NY Welco Realty negotiated a lease on behalf of ownership with HomeGoods, a division of TJX Companies to occupy 24,000 s/f, formerly occupied by Walgreens. Jerry Welkis and David Sternschuss of Welco Realty represented the landlord, Stuart Russo, Irwin Sindeband, and Robert Flug, managing partners of SFR Realty, Inc. Jeremy Isaacs of Ripco represented the tenant

“We are very excited to be able to bring HomeGoods another anchor to a very successful shopping center presently anchored by a high volume Stop & Shop supermarket,” said Welkis.

 with other major national companies such as Old Navy, Five Below, & Panera Bread.

We believe that HomeGoods will round off the merchandise mix of the shopping center to be able to offer home décor, home furnishings at great prices to the New Hyde Park surrounding community.

HomeGoods is a chain of home furnishing stores headquartered in Framingham, Massachusetts. It was founded as a small chain in 1992 and grew to include hundreds of locations throughout the United States. HomeGoods sells furniture, linens, cooking products, art, and other home accessories.

HomeGoods is owned by TJX Companies, and is a sister company to T.J. Maxx, Sierra Trading Post, and Marshalls. The size of each store varies by location. There are locations in the United States that combine both the HomeGoods and the T.J. Maxx or Marshalls store brands in one building.

In Canada and Europe, the parent company of HomeGoods operates a similar home furnishing chain called HomeSense. In August 2017, TJX announced the opening of about 400 HomeSense stores across America.

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