News

Hanover Crossroads SC named “Best Retail Project of 2017” by Mid-Atlantic RE Journal

Mid Atlantic Real Estate Journal - The Best of 2017 - pg 22C

Hanover Crossroads shopping center in Cedar Knolls, New Jersey has been named Mid-Atlantic Real Estate Journal “Best Retail Project of 2017.” As Exclusive Agents for this 108,000 s.f. center, we are happy to report that it’s 100 percent leased. The landlord is Key Properties, LLC. Jerry Welkis, principal of Welco Realty, was instrumental in leasing to the... [Read More]

April 25 2018

Gotham Seeing Huge Influx of Retailers From Asia, and NYC is Only the Beginning

Commercial Observer - By Lauren Elkies Schram - April 11, 2018

“If I had to agree to live in one country, or even one city, for the rest of my life, never leaving it, I’d pick Tokyo in a second.” So said quintessential culinary nomad, chef extraordinaire and TV personality Anthony Bourdin to Maxim magazine last August. And when the Japanese—and those from other parts of Asia—import their foods and restaurant... [Read More]

April 12 2018

The Real Deal – Top 10 NYC retail leases in January – Net Cost Market, Brooklyn #1

Ashley McHugh-Chiappone / February 16, 2018

Clockwise from left: 505 Eighth Avenue, 128 West 34th Street, & 3100 Ocean Avenue in Brooklyn The REAL DEAL – By Ashley McHugh-Chiappone/February 16, 2018 January’s 10 biggest retail leasing deals were much smaller than December’s in terms of square footage. The 10 biggest retail lease deals signed last month totaled 95,000 square feet, down about... [Read More]

February 27 2018

Global Apparel Retailer UNIQLO Comes to the Bronx This Spring

NEW YORK – January 18, 2018 – The store will be located on the second floor of the Mall in over 10,000 sf (8,000 sf selling) and will join other major retail icons which have opened their first stores in the Bronx such as H&M, Victoria’s Secret, American Eagle, Forever 21, and Express among many others. UNIQLO has more than 1,900 stores in 19 markets... [Read More]

January 19 2018

Developer, Key Properties, breaks ground on final piece of redevelopment project

Joshua Burd - Real Estate NJ - 12.8.17

By Joshua Burd Key Properties has broken ground on a standalone restaurant building in Cedar Knolls, marking the final piece of a redevelopment project that has given way to a new 107,000-square-foot retail center. In announcing the start of construction, the firm said recently that the new 8,650-square-foot building will house... [Read More]

December 20 2017

Congratulations to Old Navy on its grand opening in Cedar Knolls, NJ!

Old Navy had its grand opening last week in Hanover Crossroads, Cedar Knolls, NJ.  The 107,000-square-foot Morris County shopping center – owned by Key Properties – has added Old Navy (12,500 square feet) to their list of tenants which include T.J.Maxx, HomeGoods, Five Below & Ulta Beauty. Located at 110 East Hanover Ave., at the signalized intersection of East Hanover... [Read More]

November 28 2017

New Store Openings!

HomeGoods NOW OPEN at Summerhill Square, 585 Route 18 South. The 26,079 square-foot store is the 21st in the New York City market. HomeGoods offers a variety of discounted merchandise for the home. Departments include furniture, rugs, lighting, decorative accessories, gourmet kitchen and dining, bedding, bath, kids décor and toys, outdoor living, pet accessories, storage,... [Read More]

October 24 2017

Sierra Trading Post and HomeSense NOW OPEN at Seaview Square.

OCEAN TOWNSHIP – Sierra Trading Post, which is owned by the same parent company as Marshalls, has opened its store at Seaview Square Shopping Center in Ocean Township along with its sister store, HomeSense, a new home décor store from TJX Companies.  The combined square footage of both stores are 43,000 s.f. Sierra Trading Post, purchased by TJX in... [Read More]

October 20 2017

MedExpress Urgent Care Now Open in Hackettstown, NJ

New 4,000 s.f. MedExpress is now open in Hackettstown, NJ.  They are located at 228 Mountain Avenue. As a neighborhood medical center, MedExpress is committed to enhancing the health and well-being of the communities they serve. Jerry Welkis represented the tenant in this transaction. For a limited time offering free flu shots *. *Special promotional offer available while supplies last at the Hackettstown location only.

October 03 2017

Welco Signs Two Old Navy Leases – Hanover & Ramsey, NJ

Daily Record - August 25, 2017

HANOVER – Hanover Crossroads in Cedar Knolls. Center has reached 100 percent occupancy. Daily Record – August 25, 2017 The 107,000-square-foot Morris County shopping center – owned and under development by Teaneck-based Key Properties – has added Old Navy (12,500 square feet), IHOP (5,000 square feet) and an Italian restaurant with catering services (3,650 square feet) to... [Read More]

September 20 2017