Director, Real Estate
About The Position
Overview: Marc Jacobs International, powered by the creative genius of Marc Jacobs, seeks a Director, Real Estate to join the North American Commercial team. The Director of Real Estate will collaborate with senior leaders to formulate strategic market plans for the company's retail fleet. This position will identify potential locations, negotiate leases while ensuring alignment with the company's financial and strategic goals. Marc Jacobs International is part of the Louis Vuitton Moet Hennessy (LVMH) fashion division and operates in the wholesale and direct to consumer retail markets. Responsibilities: The Director, Real Estate will manage the real estate process from strategy to execution for all existing and new stores in North America. A key member of the Commercial team, this position plays a significant role in expansion plans and marketplace execution.
Requirements
- 10+ years’ experience in retail real estate with a focus on establishing and growing a retailer’s real estate portfolio
- Notable networking skills with ability to build and maintain relationships with landlords, developers, and real estate brokers
- Proven experience leading successful business negotiations
- Developed analytical skillset - ability to analyze financial and demographic data
- Clear verbal and written communication skills with the ability to influence across the organization
- Desire to work independently, manage multiple projects and meet deadlines
- Exceptional knowledge of retail markets across North America
- Strong planning, organizational and project management skills
- Comfortable dealing with ambiguity
- Ability to travel as required (approximately 40%)
Responsibilities
- Oversee Marc Jacobs’ real estate portfolio (80+ doors)
- Lead the planning, development, and acquisition of new site selection
- Provide strategic analysis and market planning for retail store locations
- Negotiate lease renewals with landlords
- Identify new store opportunities for expansion and provide sales forecasts for proposed sites
- Manage budget for new store openings, relocations and remodels
- Develop and execute growth strategy based on demographic-based analytics
- Lead lease portfolio strategy, including tracking lease renewals, expirations, relocation opportunities and rent increases
- Coordinate with architects, engineers, contractors, or other consultants as needed to ensure that construction projects proceed according to schedule
- Travel to markets for store visits & market assessment
Benefits
- paid holidays
- vacation time
- sick and personal time
- medical, dental and vision insurance
- 401k matching
- discounts on travel, entertainment, and more through our partnership with PerkSpot
- discounts on MJ products throughout the year, as well as access to discounts on other LVMH brands
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What This Job Offers
Job Type
Full-time
Career Level
Director
Education Level
No Education Listed
Number of Employees
1,001-5,000 employees
