Michael Burden is an executive managing director, new business development, at Excess Space Retail Services, Inc., a Newmark company. Founded in 1992, Excess Space is the first national company to focus its business model around disposition, lease restructuring and lease renewal services for retailers nationwide. Mr. Burden brings to his position more than 20 years of real estate experience concentrated within the retail sector. Over the last 10 years, his primary focus has been on marketing, branding and business development, as well as corporate strategic planning and initiatives. In this capacity, Mr. Burden has assisted with retaining dozens of clients including 7-Eleven, Best Buy, Bloomin’ Brands, The Gap, GE Capital, Home Depot, Sonic Restaurants, The Sports Authority, T.D. Bank, Walgreens and Whole Foods.
Prior to 2005, Mr. Burden served as the director of lease restructuring services for Excess Space. In this role, his responsibilities included formulating and implementing the process and procedures for the lease restructuring business model that is widely considered the most sophisticated in the retail industry. He also implemented dozens of custom-tailored best-in-class surplus property disposition programs that have generated more than $750 million in savings for retailers.
Prior to joining Excess Space, Mr. Burden worked with a prominent consulting firm that specialized in retailer bankruptcy and turnaround management.
Mr. Burden is actively involved in the development of the next generation of real estate professionals by speaking on panels and teaching classes for the National Retail Tenants Organization. Similarly, Mr. Burden is an active member of the International Council of Shopping Centers (ICSC), attending over a dozen conferences a year and participating on various panels.
Mr. Burden earned a Juris Doctorate degree from Hofstra University School of Law and a Bachelor of Science degree in business management from the University of Buffalo.