Michael Wiener is the founder and president of 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. Wiener is responsible for all aspects of the company’s business lines, including transaction services, strategic initiatives, new business development and day-to-day operations.
Mr. Wiener brings to his role more than 25 years of real estate experience, mostly concentrated within the retail sector. Prior to the acquisition of Excess Space in 2015, he was involved in the renovation, leasing and management of various retail, office and residential properties throughout the Northeast. Newmark acquired Excess Space in 2015.
Under Mr. Wiener’s guidance, Excess Space has grown into a leading national company by implementing comprehensive and creative solutions tailored to the needs of each client. Its unique infrastructure has enabled the company to spend more than 20 years cultivating highly developed processes that have put more than $4 billion in capital back to work for its clients, which include Best Buy, CVS, Dollar General, Payless ShoeSource, Petco, Staples and SUPERVALU, among others.
Mr. Wiener is considered an expert in his field and has been interviewed for industry-related articles that have appeared in numerous publications, including the Wall Street Journal, New York Times and Shopping Centers Today. He is involved in various trade organizations including the NRTA and the International Council of Shopping Centers (ICSC). Mr. Wiener is a graduate of Boston University.