Real Estate Lead, North America Job at Ralph Lauren in New York

Overview

Ralph Lauren maintains a balanced approach to work arrangements, emphasizing both flexibility through hybrid options and the importance of in-person collaboration.

North America corporate employees (excluding remote and regional roles) work from the office 2-3 days weekly. Some roles require a more frequent office presence.

This policy aims to foster learning, strengthen company culture, and promote effective collaboration through face-to-face interactions.

Pay Range: The pay range for this job is $119000 - $242602 annually; actual pay is dependent on experience and geographic location.

Benefits:Base pay is only one part of our employee value proposition, which includes a robust benefits package, above-market time off, hybrid working arrangements, incentive compensation, where applicable, and varied learning opportunities.

Company Description

Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, among others, constitute one of the world's most widely recognized families of consumer brands.

At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.

Position Overview

The Real Estate Lead is responsible for all aspects of the companys retail real estate strategy, portfolio management, and execution. This role is responsible for driving long-term value through site selection, lease negotiation, portfolio optimization, and development of new retail locations. Partnering closely with Finance, Operations, and Store Development, this leader will ensure the real estate strategy supports the companys growth, brand presence, and financial performance.

Responsibilities

• Develop and execute a national retail real estate strategy aligned with the companys growth plan
• Oversee the management of the real estate portfolio, including owned and leased properties
• Monitor market conditions, interest rate trends, and capital flows to inform portfolio strategy
• Review market trends, trade areas, and customer demographics to identify opportunities and risks
• Site Selection, Acquisitions & Development
• Lead site identification, feasibility studies, and business case development for new store locations, relocations, and closures
• Partner with internal teams to ensure transactions align with brand, financial, and operational goals
• Manage external brokers, developers, and consultants to drive pipeline opportunities
• Lead and manage the full due diligence process for acquisitions, including financial analysis, site evaluation, lease and title review, risk assessment, and coordination with internal stakeholders and external advisors
• Ensure timely and thorough assessment of opportunities, identifying potential risks and value drivers to support strategic investment decisions
• Partner with internal finance teams to secure favorable financing structures for new developments and acquisitions
• Oversee the integration of newly acquired properties into the portfolio, aligning with corporate objectives and operational needs
• Lease Negotiation & Administration
• Lead negotiations for new leases, renewals, relocations, and terminations to maximize value and minimize risk
• Ensure compliance with lease terms and manage landlord relationships
• Oversee critical dates, renewals, and rent obligations
• Lead preparation of comprehensive analysis and presentations for Real Estate Committee
• Identify cost savings and optimization strategies across the real estate portfolio
• Collaborate with Brand, Finance, Construction, Store Design, Operations, and Legal to deliver seamless new store openings and portfolio initiatives
• Collaborate with Finance to build business models and ROI analyses for new and existing locations
• Serve as a trusted advisor to senior leadership on all real estate matters

Experience, Skills & Knowledge

• 10 years of progressive experience in retail corporate real estate, with a proven track record in site selection and lease negotiation.
• Deep understanding of retail market dynamics, demographics, and site analytics
• Strong financial acumen with experience building business cases
• Excellent negotiation, communication, and relationship management skills
• Ability to think strategically while managing tactical execution
• Strategic Vision & Business Acumen
• Analytical & Financial Modeling Skills
• Strong Cross-Functional Collaboration
• Adaptability in a fast-paced, growth-oriented retail environment

Ralph Lauren will consider for employment qualified applicants with arrest or conviction records in a manner consistent with the requirements of the law, including any applicable fair chance laws.

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