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"We engaged Excess Space to pursue a lease restructuring project/rent reductions on our company real estate portfolio during the recent tough economic environment. They responded quickly to our needs and have successfully produced immediate results, which will positively impact our profitability. They were able to reach out to hundreds of our landlords in only a matter of weeks and resolve the project in almost half the time we allotted.

The Excess Space team was extremely responsive to our requests whether they came during normal business hours, at night, or on weekends. They are always on top of the transactions when we have questions, provide great feedback on deal opportunities and have proved to be a great strategic partner in lease restructuring. We couldn't be happier with their performance and would highly recommend them to anyone considering a project of this type."

Dale Goss
VP Development, Jamba Juice


"By using Excess Space we have been much more efficient in handling surplus properties. You have been very successful in subleasing properties and terminating leases we no longer want. We also have used your Market Value Analysis program to get a better handle on property values in various markets. So far it has been an excellent relationship and we believe this will continue in the future."

Peter Workman
Manager, Corporate Real Estate

"I want to take this opportunity to say thank you for a job well done. I am very impressed with your company’s communications, timeliness and overall performance.

You have an established, excellent track record with us in the disposition field. You have been involved in the lease renewal/option re-negotiation program for the past two (2) years. This part of our business has come on strong and your company is doing a great job."

Robert J. Malagon
Regional Vice President/Real Estate

"Over the past year I have worked with Excess Space in attempting to improve our real estate cost structure with respect to 12 very cost-inefficient and difficult lease situations. Excess Space has been very efficient, continually moving the negotiations along to a positive conclusion, coupled with excellent client communications and weekly reporting. Excess Spaces’ persistence, market knowledge, and expertise has resulted in over 50% of those leases reaching a favorable improvement from the existing lease terms. Whether getting better termination dates, lower lease costs, waiver of rent increases, or other structural improvements, Excess Space was tenacious in representing us, while at the same time dealing with landlords professionally and maintaining good relations whether the lease was renegotiated or not.

I would recommend Excess Space’s services to anyone with a lease portfolio needing relief, whether from terminations or lease restructuring."

Peter Hanelt
Chief Operating Officer
Good Guys, Inc.

"Excess Space has provided superior services to Advance, which has produced excellent results. The strong results have been well earned as your team has provided us with the expertise to efficiently dispose of our surplus properties throughout the country.

Excess Space has enabled us to centralize our disposition efforts by acting as a single point of contact to supervise the marketing of all our surplus stores, which has allowed our team to be more productive and efficient.

The broker network and your strong disposition team have proven to be a valuable tool in disposing of our surplus space. As we continue our aggressive storing program more opportunities have developed for Excess Space and the results have exceeded our expectations."

D. Scott Miller
Vice President Real Estate

"Our company was looking at strategic alternatives to rationalize our fleet of stores to compete more effectively in a market undergoing dramatic change. …we retained Excess Space Retail Services, Inc. to downsize (and in some cases terminate the leases for) over 2,000 retail locations. We had very strict parameters for deal making which made the project extremely challenging, yet Excess Space showed the creativity and flexibility needed to effectuate a best-in-class program that yielded significant savings to the Company.

We often need things in very tight time frames and Excess Space met and often exceeded our deadlines. We are very pleased with the services provided … would recommend them to anyone looking to dispose of surplus space or to restructure leases."

Jeffrey B. Gordon
Sr. Vice President

"In particular, I would like to point out my satisfaction with your firm’s flexibility and professionalism. Largely through your firm’s efforts, we consistently exceed previous annual savings totals. I highly recommend (and have recommended) Excess Space to others interested in successfully disposing of surplus space."

Gavin T. Muldowney
Real Estate Manager, Surplus Property

"…I wanted to take this opportunity to let you know how important your efforts … have been to our program’s successful completion.ESRS has been extremely professional and dedicated to providing all possible resources to Little Caesars. Your entire staff is great, they are knowledgeable, persistent and a pleasure to work with on a daily basis.

…with your considerable help, we’ve brought this sizeable project in on time and on budget. I would not hesitate to recommend your company and to continue our relationship with ESRS…thanks for a job well done."

Michael Atwell
Vice President
Real Estate

"Excess Space has provided superior service to Staples … Most importantly, the service you provide has produced excellent results: by last count your firm has been instrumental in the disposition of over 670,000 square feet on our behalf.

Clearly, your success is a direct result of extremely hard work, a great team of people and very high ethical standards. I am particularly pleased by the attention paid to all of our sites-- large and small, good and bad.

Your broker network, weekly status reports and financial analyses are all top notch. Having a single point of contact … saves me a tremendous amount of time. I am always impressed by your responsiveness to new and special requests."

Bernie Schachter
Vice President, Property Management

"I have been keeping "close tabs" on our surplus real estate and am pleased by the progress you have made. Indeed, I have recommended Excess Space … to several colleagues in the industry. Thanks for your fine work."

Joseph A. Pichler
Chairman of the Board and Chief Executive Officer

"We want to take this opportunity to express our thanks for the important contribution… Most important, we accomplished our project within budget guidelines. Excess Space has been an excellent partner for three primary reasons:

  1. Ability to execute- ESRS exhibited consistent, persistent follow-up.
  2. Knowledge of market- ESRS employs astute, experienced staff and maintains very productive brokers in the ESRS network.
  3. Customer service- ESRS was responsive to our needs and requests."
Randall S. Swain
Director of Real Estate Services

"Please accept my thanks on behalf of Petco for your diligent efforts… You have obtained satisfactory offers on the majority of the properties which we had listed with you and I am very pleased to say that we have accepted most of them. Moreover, I am better prepared to report to management because of your weekly updates on progress in marketing these properties."

Marc M. Drasin
Vice President Real Estate