Is Your Retail Portfolio Optimized?

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    ExcessSpace, a Newmark company, helps national and regional retailers optimize their portfolio of locations by tailoring a strategy to reduce occupancy costs through dispositions and lease restructuring. Let our experts put your capital back to work for you!

    How We Help Retailers Maximize the Value of Real Estate:

    • Source opportunities for leased surplus properties through subleasing, assignment and lease termination for both closed and operating locations
    • Expedite the sale and/or leasing of owned or surplus properties, inclusive of land
    • Conduct bulk sales of leased and owned properties within a surplus portfolio, including operating stores that need to be marketed quietly and confidentially.
    • Use a range of lease restructuring and lease renewal services (rent reductions; partial lease terminations; lease amendments and modifications, etc.) to assist clients mitigate leasehold exposure
    • Perform comprehensive research and analysis of a real estate portfolio in advance of disposition, lease restructuring and lease renewal negotiations, which greatly enhances the decision-making and negotiating process.

    Sector Expertise

    • Restaurant
    • Supermarket
    • Drug Store
    • Specialty Retail
    • Department Store
    • Home Furnishings
    • Theatre
    • Financial
    • Auto Parts
    • Convenience/Gas

    Our team has put over $6 billion in capital back to work for our clients. Using a technological infrastructure unique to our industry and drawing on a national network of more than 600 brokerage companies, we pride ourselves on providing our clients with a hands-on approach whether the project is 10, 100 or 1,000 locations.

    Meet the Team

    ExcessSpace, a Newmark company, is a leading national provider of real estate disposition and lease restructuring services in the United States and Canada. Since 1992, they’ve helped over 200 retailers reduce real estate liability through optimal portfolio performance. ExcessSpace has been a Newmark specialty practice group since 2015. Learn more here.