Senior Director Real Estate

Job title:

Senior Director Real Estate

Company

EssilorLuxottica

Job description

Requisition ID: 865804
Position:Full-TimeWe are EssilorLuxottica, a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. The Company brings together the complementary expertise of two industry pioneers, one in advanced lens technologies and the other in the craftsmanship of iconic eyewear, to create a vertically integrated business that is uniquely positioned to address the world’s evolving vision needs and the global demand of a growing eyewear industry.With over 180,000 dedicated employees in 150 countries driving our iconic brands, our people are creative, entrepreneurial and celebrated for their unique perspectives and individuality. Committed to vision, we enable people to “see more and be more” thanks to our innovative designs and lens technologies, exceptional quality and cutting-edge processing methods. Every day we impact the lives of millions by changing the way people see the world.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.GENERAL FUNCTIONThe Sr Real Estate Director is responsible for all Luxottica Brand non-enclosed mall real estate activity in a designated geographic area, working with Corporate Operations, Legal, Finance and Construction to develop strategies and implement tactics supporting the Corporate goals and objectives .To strategize, secure and maintain the company’s real estate objectives at favorable terms.MAJOR DUTIES AND RESPONSIBILITIES

• Contribute to the strategic plan and to the development of the company’s real estate objectives and market positioning.
• Effectively implement the company’s real estate objectives.
• Promote and maintain strong working relationships in the development and/or broker community.
• Negotiate all terms, conditions and economics by specific retail location that serve the best interests of the company which include new sites, extensions, renewals, kickouts, rent reductions, etc. Resolve lease issues in conjunction with staff attorneys.
• Maintain a strong working relationship with pertinent internal departments (i.e. Operations, Legal, Construction) to ensure timely completion of documents and lease related activities (i.e. openings, relocations, remodels, closures, etc.).
• Present negotiated deals to the Vice President of Real Estate, Senior Vice President of Retail Services, Brand General Managers, and Brand Senior Executives with a recommended course of action.
• Prepare a Letter of Understanding outlining terms and conditions for approved transactions.
• Provide estimated sales and economics/terms for pro-formas on specific retail locations/areas.
• 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 by specific regions/DMAs that are of value to the company.
• Understand and effectively execute any new retail distribution channel strategies for the company.
• Recommend to management stores to be remodeled.
• Make marketplace site visits to evaluate the retail environment, generate potential new company sites and locations or relocations and to enhance relationships.
• Manage Leasing Coordinators and related office responsibilities, if applicable.
• Special projects as required.

BASIC QUALIFICATIONS

• Bachelor’s degree in Business or related field
• 12+ years in related field
• 6+ years of experience in executing retail growth strategies
• Extensive knowledge of specialty store retail real estate in all venues outside regional malls; i.e. strip centers, mall pad locations, lifestyle and urban downtown venues.
• Working knowledge of commercial real estate, business law, retail finance and accounting principles
• Thorough knowledge of basic negotiation strategy 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

PREFERRED QUALIFICATIONS

• Advanced RE certification

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.Upon request and consistent with applicable laws, EssilorLuxottica will provide reasonable accommodations to individuals with disabilities who need assistance in the application and hiring process. To request a reasonable accommodation, please call the EssilorLuxottica SpeakUp Hotline at 844-303-0229 (be sure to provide your name 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.

Expected salary

Location

Toronto, ON

Job date

Thu, 07 Nov 2024 23:19:25 GMT

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