Manager, Real Estate

About The Role The Real Estate Manager will support the initiatives within specific regions and major landlord portfolios for all Gap Inc. brands. The role supports the Director of Real Estate in the procurement of new store growth and the development of a long‑term profitable real‑estate strategy within their regions and markets. Responsibilities include managing the entire real‑estate pipeline from strategy to execution, mitigating rent and occupancy exposure across the enterprise, engaging cross‑functional partners, and evolving Gap Inc.’s real‑estate strategy in collaboration with peers. What You’ll Do Identify business needs within Gap Inc. Real Estate and cross‑functional departments and implement procedural and process changes. Support the Director of Real Estate with oversight of regions, portfolios, and key markets to manage existing real‑estate assets and execute Gap Inc.'s real‑estate strategy. Provide management and strategic insights on a multi‑year horizon. Partner closely with Finance, Legal, Store Design, Construction and Store Operations to build effective relationships at all levels across all Gap Inc. brands. Collaborate with brands to support the development of real‑estate strategies and priorities aligned with broader brand business strategies, growth and financial plans. Maintain mutually beneficial partnerships with landlords, external brokers and partners to drive results and influence change. Oversee and manage the entire real‑estate pipeline process for all lease transactions within specific portfolios and territory. Challenge the status quo, gain consensus among key stakeholders, and implement new ideas to continuously improve departmental processes. Lead and act as the RE field representative on corporate initiatives that transform and align the organization. Develop an executable strategy from consolidating multiple perspectives, providing strategic options that require cooperation to drive innovation. Support and encourage team members to strive for high performance. Engage, communicate, and work with business partners to seek agreement with multiple stakeholders to influence positive results across the organization. Build strong partnerships with key stakeholders across Gap Inc. (such as Legal, Finance, Store Development, Store Design, etc.). Provide a framework and environment with business partners that includes an action plan to generate and strengthen innovative ideas, achieving departmental efficiencies. Develop and implement the real‑estate strategy for each brand within the enterprise that maximizes sales, profitability, customer acquisition and convenience. Develop enterprise and/or landlord negotiating strategies. Foster, develop, and maintain key real‑estate and retail industry relationships including landlords, brokers and retailers. Who You Are Minimum of 3+ years of experience in Retail Real Estate on a national basis. Market and real‑estate knowledge with a proven track record of negotiating deals. Extensive knowledge and experience of Real Estate site acquisition and pipeline process. Knowledge of lease administration process and negotiation strategies. Proven track record of supporting a sustainable and profitable real‑estate strategy. Strong industry reputation with a track record of building relationships with Retail Brokers, Major Developers and Landlords. Knowledge of specialty store and “Big Box” retailing in shopping mall, power centre, neighbourhood and street retailing environments preferred. Demonstrated ability to deliver high‑quality results. Knowledge and understanding of legal and regulatory issues related to Retail Real Estate deals. Successful track record of collaborating with different Business Functions to achieve goals. Experience working successfully in a matrix organisation (preferred but not required). Bachelor’s degree in a related field or business administration required. Sound understanding of P&L and the drivers of financial returns. Hourly Range: $103,400.00 - $150,500.00 Employee pay will vary based on factors such as qualifications, experience, skill level, competencies and work location. We will meet minimum wage or the minimum of the pay range (whichever is higher) based on city, county and state requirements. Benefits at Gap Inc. Merchandise discount for our brands: 50% off regular‑priced merchandise at Old Navy, Gap, Banana Republic and Athleta, and 30% off at Outlet for all employees. Competitive Paid Time Off plans. Employees can take up to five “on the clock” hours each month to volunteer at a charity of their choice. Extensive 401(k) plan with company matching for contributions up to four percent of an employee’s base pay. Employee stock purchase plan. Medical, dental, vision and life insurance. Gap Inc. is an equal‑opportunity employer and is committed to providing a workplace free from harassment and discrimination. We are committed to recruiting, hiring, training and promoting qualified people of all backgrounds, and make all employment decisions without regard to any protected status. We have received numerous awards for our long‑held commitment to equality and will continue to foster a diverse and inclusive environment of belonging. In 2022, we were recognised by Forbes as one of the World's Best Employers and one of the Best Employers for Diversity. #J-18808-Ljbffr