|EXCESS SPACE RETAIL SERVICES NAMED TO MARKET ALBERTSONS VACANT STORE LOCATIONS
HUNTINGTON BEACH, Calif.— Excess Space Retail Services, Inc., a leading specialist in real estate disposition and lease restructuring for retailers nationwide, has been named by Albertsons, Inc. to handle the disposition of 21 vacant drugstore and supermarket locations in Northern and Southern California, as well as Las Vegas.
Leading the team for Excess Space on this real estate disposition assignment for Albertsons will be Howard Goldfarb of Excess Space, from the firm’s East coast office in Lake Success, New York.
About Albertsons, Inc.
Albertsons, Inc. (NYSE: ABS) is one of the world's largest food and drug retailers, with annual revenues of over $35 billion. Based in Boise, Idaho, the company employs approximately 200,000 employees and operates over 2,300 retail stores in 31 states across the United States, under banners including Albertsons, Jewel-Osco, Acme, Albertsons-Osco, Albertsons-Sav-on, Sav-on Drugs, Osco Drug, and Super Saver. For more information, visit www.albertsons.com.
About Excess Space Retail Services, Inc.
Founded in 1992, Excess Space, with offices in Lake Success, New York and Huntington Beach,California, has set the industry standard for providing leading national and regional retailers with “best-in-class” real estate disposition, lease restructuring and lease renewal services. During the company’s 12-year history, Excess Space has successfully disposed of and restructured leases for over 100 retailers across the United States. For more information about the privately-held firm, visit www.excessspace.com.