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NEWS RELEASE

EXCESS SPACE RETAIL SERVICES RETAINED BY CVS TO DISPOSE OF 221 LOCATIONS

LAKE SUCCESS, New York – CVS Health has selected Excess Space Retail Services, Inc. (ESRS), the leading consulting and advisory firm specializing in real estate disposition and lease restructuring for retailers and financial institutions nationwide to exclusively manage the disposition of 221 locations.

These locations are located in Alabama, Arizona, California, Delaware, Washington D.C., Florida, Georgia, Iowa, Illinois, Indiana, Kansas, Louisiana, Massachusetts, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Jersey, New Mexico, Nevada, New York, Ohio, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, Vermont, Washington, and Wisconsin. Heading the real estate disposition assignment for ESRS will be Howard Goldfarb, Executive 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, a Newmark Knight Frank company, 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 27 year history, Excess Space has completed over 50,000 transactions on behalf of more than 190 retailers. These successful programs have resulted in direct savings to our clients of over $5 billion. For more information about ESRS, call Al Williams at (866) 594-9800 ext. 954 or reference the company’s Web site at www.ExcessSpace.com.

About CVS Health.

CVS Health is the nation’s premier health innovation company helping people on their path to better health. Whether in one of its pharmacies or through its health services and plans, CVS Health is pioneering a bold new approach to total health by making quality care more affordable, accessible, simple and seamless. CVS Health is community-based and locally focused, engaging consumers with the care they need when and where they need it. The Company has more than 9,900 retail locations, approximately 1,100 walk-in medical clinics, a leading pharmacy benefits manager with approximately 94 million plan members, a dedicated senior pharmacy care business serving more than one million patients per year, expanding specialty pharmacy services, and a leading stand-alone Medicare Part D prescription drug plan. CVS Health also serves an estimated 38 million people through traditional, voluntary and consumer-directed health insurance products and related services, including rapidly expanding Medicare Advantage offerings. This innovative health care model increases access to quality care, delivers better health outcomes and lowers overall health care costs.

For specific information about the CVS Health, project please contact Howard Goldfarb (800) 435-8384 ext. 227.

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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

©2023 Excess Space Retail Services Inc. All Rights Reserved
Legal & Privacy Statements | Select US States Consumer Privacy Notices

©2023 Excess Space Retail Services Inc. All Rights Reserved
Legal & Privacy Statements | Select US States Consumer Privacy Notices 

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