Sleep Number

  • Manager, Real Estate

    Job Location US-MN-Minneapolis
    Req. #
    2019-20550
    Type
    Fulltime-Regular
  • Overview

    Assists with the planning, organizing and facilitation (as assigned) of retail real estate activities for the Sales and Merchandising Division by aligning to key corporate initiatives 

    Responsibilities

    • Assist with the management of the retail real estate portfolio to ensure profitable sales growth
    • Plan, negotiate, recommend and present real estate leases and contracts approval by the Real Estate Committee in alignment with corporate real estate initiatives
    • Partner with Corporate and Field leaders to implement market based real estate strategies
    • Negotiate business terms for all retail leases; review and approve the implementation of real estate contracts that support market development initiatives
    • Work closely with the Manager of New Stores and Facilities, Store Construction, Sales Operations and Field Leadership to assure timely store openings as well as other key store activities
    • Monitor and communicate key lease action dates and recommend actions for lease renewals, kickouts and store closes that aligned with defined market development initiatives, complete market analysis work as necessary
    • Works closely with internal real estate counsel to assure leases are completed on a timely basis
    • Maintain strong relationship with developers and the shopping center community in general; ability to manage large number of vendor relationships
    • Attend annual real estate conventions
    • All other duties as assigned by the VP of Real Estate and Construction

    Qualifications

    Experience, Education & Certifications:

    • Minimum of 5 years’ experience as key contact for a retailer or landlord/developer both enclosed mall and non-mall environments, or related experience
    • Ability to participate in the management of a largest degree of corporate liability - lease commitments include roughly $300 million in corporate liability
    • S., Real Estate or Business discipline
    • Affiliation with Real Estate Associations preferred

    Knowledge, Skills & Abilities:

    • Detail focus
    • Strong analytical and negotiation skills
    • Strong interpersonal communication skills
    • Works well independently and as a member of a team.
    • Well respected, trusted partner
    • Global thinker who performs well in high-pressure situations in a fast-paced, sometimes ambiguous environment
    • Embraces change enthusiastically.
    • Is open to, proactively asks for, and acts on feedback received

    Equal Opportunity Employer

    Sleep Number is an equal opportunity employer, committed to recruiting, hiring and promoting qualified people of all backgrounds, regardless of sex; race; color; creed; national origin; religion; age; marital status; pregnancy; physical, mental, communicative or sensory disability; sexual orientation; gender identity or any other basis protected by federal, state or local law.

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