Vice President, Real Estate
OverviewFoot Locker is hiring a VP, Real Estate to join our Store Development team. The VP of Real Estate will manage, guide, and direct all real estate holdings over the life of the store for Foot Locker within the regional areas assigned. Our North America Team is structured by region, so each regional team member is responsible for having an intimate knowledge of their region's malls & high streets, landlords, competition, and sales potential.This team serves as the liaisons and brand ambassadors for Foot Locker to the retail real estate community. As our organization continues to evolve with our ever-changing customer, the VP, Real Estate must be innovative, forward-thinking and have the ability to quickly adapt to new situations and market trends.ResponsibilitiesManage, guide, and direct all real estate holdings over the life of the store for Foot Locker, Inc. within the regional areas assignedGenerate and maintain a multi-year strategic planControl Landlord negotiations and communications, ensuring the optimum Real Estate location, construction, and tenancy deal for Foot Locker, Inc.Administer written Landlord communications from initial offering to finalization of lease, ensuring the deal is delivered as negotiatedFacilitate constructive landlord relationship with Foot Locker, IncManagement of deal presentation to the division/corporate according to Foot Locker's standard operating proceduresManage, recommend, and negotiate solutions for the Company's Loss Store ProgramSelect profitable and strategic locations that meet company standards and result in fulfillment of new store target expectationsManage the process with Construction and Legal so that approved stores are opened on time and delivered in the manner presentedQualificationsA bachelor's degree or higher10+ years of experience with a national or regional retail and/or landlord leasing organization in both mall and non-mall real estateProven record of managerial responsibilities/leadership positionsMinimum of 60 transactions over the previous 2 yearsSuperior negotiation skillsSelf-motivated with demonstrated experience working in a team environment as well as working independently with minimal supervision.Excellent verbal and written communication, analytical and problem-solving skills.Understanding of all lease contract pointsStrong organizational and interpersonal skillsProficient in ExcelStrong listening and communication skillsStrong follow-through from initial landlord contact to finalization of the real estate dealFlexibility with rapidly changing corporate/divisional prioritiesAbility to travel for market studies, landlord visits, corporate meetings, site selectionsUnderstanding and familiarity with standard ICSC practicesAt Foot Locker, we value innovation, authenticity, and integrity in all that we do. To uphold the security and fairness of our hiring process, we ask that candidates refrain from using AI tools, including ChatGPT, during interviews and assessments. To ensure a smooth and secure experience, please review the following guidelines:* Cameras must be on for all virtual interviews.* AI tools are strictly prohibited during interviews or assessments.We appreciate your understanding and cooperation as we work together to create a transparent and equitable hiring experience.BenefitsThe annual base salary range is $250000 to 275000/year. This range represents the anticipated low and high end of the salary for this position. This role is also eligible to receive short term incentives that align with individual and company performance. Salary will be determined by the education, experience, knowledge, skills, and abilities of the applicant, internal equity, and alignment with market data. Salary is one component of the Foot Locker, Inc. total compensation package, which includes the below.Foot Locker Benefits:Employee DiscountPaid Time OffMedical | Dental | Vision Coverage401(k) | Roth 401(k)Life InsuranceFlexible Spending AccountOpportunities for AdvancementTuition Reimbursement for Qualified CoursesStrong Company CultureEmployee Resource Groups