Director – Real Estate
Company | GAP |
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Location | New York, NY, USA |
Salary | $Not Provided – $Not Provided |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Expert or higher |
Requirements
- Minimum of 10+ years’ experience in Retail Real Estate on a national basis
- Extensive market and real estate knowledge with proven track record of negotiating deals in assigned territory
- Extensive knowledge and experience of Real Estate site acquisition and pipeline process
- Extensive knowledge of lease administration process
- Thorough knowledge and experience with negotiation strategies and techniques
- Proven track record of supporting a sustainable and profitable real estate strategy
- Strong industry reputation within the real estate industry with a track record of building relationships with Retail Brokers, Major Developers and Landlords
- Extensive knowledge of specialty store and ‘Big Box’ retailing in shopping mall, power center, neighborhood and street retailing environments
- Demonstrated ability to deliver high quality results
- Strong knowledge and understanding of legal and regulatory issues related to Retail Real Estate deals
- Successful track record of collaboration with different Business Functions to achieve goals
- Experience of working successfully in a matrix organization
- Bachelor’s degree related field / business administration required
- Sound understanding of P&L and the drivers of Financial Returns
Responsibilities
- Identifies business needs within Gap Inc. Real Estate and cross functional departments and is able to implement procedural and process changes
- Oversee regions and key markets to manage existing real estate assets and execute Gap Inc.’s real estate strategy
- Management and strategic insights on a multi-year horizon for complex major markets
- Partners closely with Finance, Legal, Store Design, Construction and Store Operations; the leaders of these groups supporting all brands and the RE Leadership Team
- Partner with the brands to support the development of real estate strategies and priorities in support of broader brand business strategies, growth and financial plans
- Supports mutually beneficial partnerships with landlords, external brokers and partners to drive results and influence change
- Oversee and manage the entire real estate pipeline process for all lease transactions for a specific territory within a region
- Openly challenges the status quo, gain consensus amongst key stakeholders and implement new ideas to continuously improve departmental processes
- Leads and acts as RE Field representative on corporate initiatives that transforms and aligns the organization as required
- Develop an executable strategy from consolidating multiple perspectives, with strategic options that challenges or requires cooperation from others to drive innovation
- Supports, recognizes, and encourages team members to strive for high performance
- Effectively engages, communicates and works with business partners to seek agreement with multiple stakeholder in order to influence and drive shared positive results across the organization
- Build strong partnership with key stakeholder across Gap Inc. (such as Legal, Finance, Store Development, Store Design, etc.)
- Support the framework and environment with business partners that consist of an action plan that allows the organization to generate and strengthen innovative ideas to gain departmental efficiencies
- Develop and implement the real estate strategy for each brand within the enterprise that maximizes sales, profitability, customer acquisition and convenience
- Develop enterprise and/or Landlord negotiating strategies
- Foster, develop, and maintain key real estate and retail industry relationships including landlords, brokers and retailers.
Preferred Qualifications
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No preferred qualifications provided.