ExcessSpace, A Newmark company
Leasing Non-residential Real EstateNew York, United States11-50 Employees
ExcessSpace, A Newmark company, operates in the leasing non-residential real estate sector with a focus on real estate disposition, lease restructuring, lease renewals, and valuations for retailers nationwide. Its client base includes supermarkets, drug stores, department stores, home furnishings companies, banks, and restaurants, for whom it provides specialized services aimed at optimizing lease outcomes and asset dispositions. Headquartered in Melville, New York, the firm has a history dating back to 1992 and is part of the broader Newmark nonprofit corporate family, positioning itself as a leading specialist in its niche market. The company serves retailers and other property tenants by handling complex lease-related processes and property dispositions, addressing needs such as renegotiation, renewal, and valuation to support strategic real estate decisions. It operates within the non-residential leasing industry and has a national footprint, leveraging its Newmark affiliation to expand its reach. A notable recent development includes the appointment of Jason Gendel as Executive Managing Director and Head of New Business in September 2023, reflecting ongoing leadership expansion in its business development efforts.