Director - Real Estate

Requisition ID:927034
Store #:X00040 Real Estate - NY 5th
Position:Full-Time
Total Rewards:Benefits/Incentive Information

If you've worn a pair of glasses, we've already met.

We are a global leader in the design, manufacture, and distribution of ophthalmic lenses, frames, and sunglasses. We offer our industry stakeholders in over 150 countries access to a global platform of high-quality vision care products such as the Essilor brand, with Varilux, Crizal, Eyezen, Stellest and Transitions, iconic brands that consumers love such as Ray-Ban, Oakley, Persol and Oliver Peoples, as well as a network that offers consumers high-quality vision care and best-in-class shopping experiences such as Sunglass Hut, LensCrafters, and Target Optical, and leading e-commerce platforms.

Our portfolio of more than 150 renowned brands span various categories, from frames, lenses and instruments to brick and mortar and digital distribution as well as mid-range to premium segments. Our Shared Services Team, accompany and enable others within the EssilorLuxottica collective to achieve their targets. They keep people and projects running smoothly, ensuring every part of our business is provided for and well taken care of.

Join our global community of over 200,000 dedicated employees around the world in driving the transformation of the eyewear and eyecare industry. Discover more by following us on LinkedIn!

GENERAL FUNCTION

The Real Estate Director is responsible for all EssilorLuxottica Brands' Real Estate activity within a designated geographic area, collaborating cross functionally with Legal, Finance, Construction and Brand Fleet teams to develop strategies and implement tactics supporting the Corporate goals and objectives.

MAJOR DUTIES AND RESPONSIBILITIES

• Lead the strategic plan and execution of the company's real estate objectives, including occupancy forecasting, market planning, and competition analysis .
• Negotiate all terms, conditions and economics by specific retail location that serve the best interests of the company which include new stores, relocations, renewals, kickouts, etc. Resolve lease issues in conjunction with staff attorneys.
• Promote and maintain strong working relationships throughout the landlord and broker community.
• Work closely with internal departments (i.e. Operations, Legal, Construction) to ensure timely completion of documents and lease related activities (i.e. openings, relocations, remodels, closures, etc.).
• Prepare a Letter of Intent outlining terms and conditions for approved transactions.
• Create and analyze proformas to evaluate deal terms
• Present deal terms to Real Estate Committees, including SVP of Real Estate and Brand General Managers
• Inform the company of activities within the shopping center and retail industry (i.e. center expansions, new malls, ownership changes, bankruptcies, acquisitions, etc.).
• Inform the company of competitive and unique marketplace/retail characteristics within assigned regions/DMAs
• Special projects as required

BASIC QUALIFICATIONS

• Bachelor's degree in Business or related field;
• 8+ years in related field (large scale national retailer or landlord preferred)
• Intimate knowledge of all asset categories and venue types within assigned region
• Working knowledge of commercial real estate, business law, retail finance and accounting principles
• Thorough knowledge of negotiation strategies and techniques
• Strong communication and analytical skills
• Excellent oral and written interpersonal skills are required to interact independently with various levels of management across the company.
• Data oriented with proven ability to analyze, interpret and synthesize data, making recommendations to drive business decisions

Pay Range:178,313.60-254,462.00

This posting is for an existing vacancy within our business.Employee pay is determined by multiple factors, including geography, experience, qualifications, skills and local minimum wage requirements. In addition, you may also be offered a competitive bonus and/or commission plan, which complements a first-class total rewards package. Benefits may include health care, retirement savings, paid time off/vacation, and various employee discounts.

EssilorLuxottica complies with all applicable laws related to the application and hiring process. If you would like to provide feedback regarding an active job posting, or if you are an individual with a disability who would like to request a reasonable accommodation, please call the EssilorLuxottica SpeakUp Hotline at 844-303-0229 (be sure to provide your name, job id number, and contact information so that we may follow up in a timely manner) or email HRCompliance@luxotticaretail.com.

We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, gender, national origin, social origin, social condition, being perceived as a victim of domestic violence, sexual aggression or stalking, religion, age, disability, sexual orientation, gender identity or expression, citizenship, ancestry, veteran or military status, marital status, pregnancy (including unlawful discrimination on the basis of a legally protected pregnancy or maternity leave), genetic information or any other characteristics protected by law. Native Americans in the US receive preference in accordance with Tribal Law.