Senior Manager Real Estate Central
vor 3 Wochen
About the Role
This position is responsible for driving the profitability of Market Europe Retail & Franchise by securing Real Estate in Central (+ cross border) in alignment with adidas retail store growth targets for European Markets. The ideal candidate will identify potential sites, evaluate their feasibility, negotiate leases, and ensure that financial objectives are achieved in the development of adidas retail locations.
Key Responsibilities
• Conduct thorough site visits, demographic analysis, and research to identify the best locations for the brand.
• Collaborate with the team to create a strategic market growth plan, including store growth targets, target markets, and site selection criteria.
• Develop and implement metrics and criteria for site selection decisions, including research analytics, financial performance, and revenue prediction models.
• Negotiate Head of Terms with landlords and ensure commercial and corporate requirements are reflected in the final lease agreement.
• Work closely with retail departments to attain internal alignment on site opportunities and sales projections.
• Present adidas retail concepts to prospective landlords and negotiate lease agreements.
• Manage external Real Estate resources, including brokers, landlords, developers, lawyers, and contractors.
• Create site justification packets as part of the capital approval process and manage the existing store portfolio to drive rent reductions and negotiate lease renewals and extensions.
Key Relationships
• Internal - Real Estate department, Retail Store Development, Retail Store Operations, Finance, Merchandising, Marketing, HR
• External - Landlords, brokers, industry developers and operators, architects, legal partners, general contractors
Requirements
• Strong management ability and competency to manage landlords, brokers, developers, and operators.
• Excellent knowledge of process management of in-store implementation, architects, regional sourcing, legal partners, and general contractors.
• Ability to maximize relationships with developers and landlords in the real estate community.
• Strong retail business acumen, including operational and fiscal knowledge.
• Excellent negotiation skills and ability to influence others.
• Strong organizational skills and proficiency with MS applications (Outlook, Excel, Word, PowerPoint) and other computer software.
• Ability to speak, read, and write English and German fluently; additional language skills beneficial.
Education and Experience
• Bachelor's degree (B.A.), with an emphasis in real estate or finance / MBA preferred.
• 4-6 years retail-specific real estate site selection experience, preferably with a major retailer.
• Minimum of 3 years' experience managing/negotiating external consultants and contractors.
• Strong relationships and credibility within the retail real estate industry of Germany.
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