|EXCESS SPACE RETAIL SERVICES RETAINED BY RADIO SHACK TO DISPOSE OF 48 LOCATIONS
LAKE SUCCESS, New York – RadioShack, Inc. (NYSE: RSH) has selected Excess Space Retail Services, Inc. (ESRS), the leading specialist in real estate disposition and lease restructuring for retailers nationwide to exclusively manage the disposition of 48 locations with an aggregate of 41,816 square feet located in 19 States across the nation.
These stores range from 1,920 to 3,349 square feet and are located in Arizona, California, Colorado, Florida, Georgia, Illinois, Indiana, Massachusetts, Michigan, Nevada, Minnesota, New York, Ohio, Oklahoma, Pennsylvania, Texas, Utah, Virginia, Washington and Wisconsin.
Heading the real estate disposition assignment for ESRS will be Jared Morgan, Managing Director, from the firm’s East Coast Office in Lake Success, New York.
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 15-year history, Excess Space has successfully disposed of and restructured leases for over 125 national and regional retailers. For more information about the privately held firm, call Al Williams (866) 594-9800 ext. 211 or reference the company’s Web site at www.excessspace.com.
About RadioShack, Inc. (NYSE: RSH)
Fort Worth, Texas-based RadioShack Corporation is one of the nation's most trusted consumer electronics specialty retailers and a growing provider of business-to-business retail support services. The company operates a vast network of sales channels, including: nearly 7,000 company-owned and dealer stores; more than 100 RadioShack locations in Mexico and Canada; and more than 700 wireless kiosks. RadioShack's knowledgeable and helpful sales associates deliver convenient product and service solutions within five minutes of where 94 percent of all Americans either live or work. For more information on RadioShack Corporation, visit http://www.RadioShackCorporation.com. To learn more about RadioShack products and services or to purchase items online, visit http://www.RadioShack.com.