Head of Real Estate & Construction

Tumi • Edison, NJ

1d • Hybrid

About The Position

This position will oversee the planning and execution of real estate and construction strategies for the North America business in close partnership with executive leadership team, Retail leadership and Finance. Position scope covers retail, outlet, travel retail and corporate office facilities. This is a hybrid role; we work on site 4 days and remotely 1 day weekly.

Responsibilities

• Develop and execute real estate strategies including new stores, relocations, renewals, and remodels.
• Manage the end-to-end real estate process, from fleet reviews and site selection to store construction and handover to operations.
• Negotiate Letters of Intent (LOIs) and leases, including lease documentation and administration.
• Manage and oversee day-to-day financial, operational and legal management of Tumi’s leasehold interests including the tracking of all key events, verification of all occupancy payments, document coordination, desktop audits and lease abstractions.
• Lead construction activities in partnership with the Senior Director of Construction, including estimating, vendor selection and management, and oversee construction execution from planning and approvals to handover to operations.
• Prepare and present deals for approval to the real estate committee, including deal financials, sales projections, P&L and proforma estimates, market analysis, lease plans, site plans, etc.
• Provide activity and status updates to senior management.
• Support financial planning of capital expenditure (CapEx) and expense budgets related to real estate activities.
• Contribute to strategic and tactical initiatives affecting the company's real estate portfolio through special project assignments (e.g., landlord portfolio reviews, geographic information systems development, IT integration, etc.)
• Source and manage outside brokers and consultants as needed.

Benefits

• dynamic working environment
• community where each team member is empowered with an entrepreneurial spirit
• Associates are respected as a vital part of the organization and recognized for their contributions
• workplace that gives every individual the opportunity to make an impact
• guidance towards individual career growth
• professional training and development initiatives
• motivating, exciting environment
• competitive salaries
• comprehensive benefits programs

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Education Level: No Education Listed