Success Stories

CASE STUDY

JC Penny

Background:

Excess Space was engaged to handle a specific portfolio of 42, predominantly large box, underperforming locations for JC Penney. Within 24 months Excess Space was able to dispose of 93% of the assigned locations, including maximizing the return for JC Penney through 13 property sales.

Results:

Total Number Of Properties Assigned: 42

Number Of Locations Disposed: 39

Total Square Feet Disposed: 2,982,540

Total Savings: $23,719,476  

Excess Space, a Newmark Knight Frank company

Social Media:

East Coast Office:

One Hollow Lane, Suite 206
Lake Success, NY 11042

Phone: (516) 365-6400

Fax: (516) 365-2946

West Coast Office:

2130 Main Street, Suite 220
Huntington Beach, CA 92648

Phone: (714) 594-9800

Fax: (714) 536-1884

©2019 Excess Space Retail Services Inc.
All Rights Reserved|Legal & Privacy Statements

Excess Space, a Newmark Knight Frank company

©2019 Excess Space Retail Services Inc.
All Rights Reserved|Legal & Privacy Statements

Social Media:

East Coast Office:

One Hollow Lane, Suite 206
Lake Success, NY 11042

Phone: (516) 365-6400

Fax: (516) 365-2946

West Coast Office:

2130 Main Street, Suite 220
Huntington Beach, CA 92648

 

Phone: (714) 594-9800

Fax: (714) 536-1884