SHOPKO AWARDS DISPOSITION OF 49 PARCELS OF LAND TO EXCESS SPACE RETAIL SERVICES
LAKE SUCCESS, New York – Shopko Stores Operating Co., LLC has selected Excess Space Retail Services, Inc. (ESRS), the leading specialist in real estate disposition and lease restructuring for retailers nationwide to exclusively manage the disposition of 49 parcels of land located in eight States across the nation.
The parcels range in size from 0.55 to 9.36 acres and are located in Iowa, Illinois, Michigan, Minnesota, Nebraska, South Dakota, Washington and Wisconsin.
Heading the real estate disposition assignment for ESRS will be Paul Godles, 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, 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 15-year history, Excess Space has successfully disposed of and restructured leases for over 130 national and regional retailers. For more information about the privately held firm, call Al Williams at (866) 594-9800 ext. 211 or reference the company’s Web site at www.excessspace.com.
Shopko Stores Operating Co., LLC is an affiliate of Sun Capital Partners, Inc., a leading private investment firm focused on leverage buyouts, equity, debt, and other investments in market-leading companies that can benefit from its in-house operating professionals and experience. Shopko is a $2.2 billion retailer of quality goods and services headquartered in Green Bay, Wisconsin, with stores located in 13 states throughout the Midwest, Mountain and Pacific Northwest regions. Retail formats include 132 Shopko Stores, providing quality name-brand merchandise, great values, pharmacy and optical services in mid-sized to larger cities and three Shopko Express Rx stores, a convenient neighborhood drugstore concept. For more information, please visit www.shopko.com.
For specific information about the Shopko project please contact Paul Godles at (800) 435-8384 ext. 225.