Success Stories

CASE STUDY

Rent A Center

Background:

Excess Space has been a trusted partner to Rent-A-Center since 2005. As a result of on-going acquisitions and rapid growth, Rent-A-Center had several hundred locations that no longer fit their long-term real estate objectives. In conjunction with our national local broker network, we have been able to quickly achieve our client’s primary on-going goal of terminating leasehold obligations. We accomplish this through independent buyout negotiations and often by procuring potential replacement tenants for these locations. By identifying these new tenants, we are able to significantly mitigate the client’s economic obligation by negotiating cost-effective lease terminations.

Results:

Total Square Feet Assigned:  3,897,254

Average Building Size:  4,526

Total Properties Disposed:  397

Total Savings:  $17,810,972

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