NEWS RELEASE

LAKE SUCCESS, New York –SuperValu 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 27 locations with an aggregate of 8,900,00 square feet

These locations are located in California, Florida, Illinois, Maryland, Minnesota, Missouri, Mississippi, North Dakota, Nevada, Pennsylvania, Virginia, Washington and West Virginia. Heading the real estate disposition assignment for ESRS will be Patrick Doran, 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 SUPERVALU

SUPERVALU INC. is one of the largest grocery wholesalers and retailers in the U.S. with annual sales of approximately $14 billion. SUPERVALU serves customers across the United States through a network of 3,437 stores composed of 3,323 wholesale primary stores operated by customers serviced by SUPERVALU’s food distribution business and 114 traditional retail grocery stores in continuing operations operated under three retail banners in three geographic regions (store counts as of February 24, 2018). Headquartered in Minnesota, SUPERVALU has approximately 23,000 employees (in continuing operations).

For specific information about SuperValu project please contact Patrick Doran  (800) 435-8384 ext. 245.

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