New Rochelle, N.Y. - Welco Realty Inc., an XTeam partner, has signed an approximately a 50,000-sq.-ft. lease with supermarket chain Fairway Market at Georgetowne Shopping Center in Brooklyn. New York.
Welco represented both the landlord, Astoria Holding Corp., and tenant in this transaction.
“Howard Mintz, the president and a principal of Astoria Holding, had a choice to make between a larger supermarket chain that wanted to lease the space and Fairway Market,” said Jerry Welkis, principal & president of Welco Realty Inc. “Howard Mintz elected to go with Fairway because in his own words, ‘I really like the way Fairway merchandises their store, and I believe they will be a great addition and attraction for our center.’”