Vineyard Vines
Vice President, Real Estate
Vineyard Vines, Stamford, Connecticut, United States, 06925
About Us:
vineyard vines is a highly successful, privately held, American clothing and accessory retailer founded in 1998 on Martha's Vineyard by brothers, Shep and Ian Murray. With Shep & Ian still at the helm today, vineyard vines has experienced exponential year over year growth and now operates over 120 retail locations locations including an outlet division, a successful e-commerce business, domestic distribution center, and expanding corporate headquarters. In addition, vineyard vines is carried in major department stores such as Nordstrom and Bloomingdales as well as numerous specialty boutiques across the US.
vineyard vines was founded on a state of mind that Every day should feel this good.
You don't need to be on a beach, by the ocean or on vacation to have Every day should feel this good moments. It's a state of mind that we all experience, and one where everyone is invited. At vineyard vines, we don't live an #EDSFTG life away from our desks - we bring it to work with us, too.
In our stores, at our Harbor Drive headquarters or working remotely, our company culture is fun, encouraging and welcoming to all. We work hard and play harder, and we never take ourselves too seriously. And while we have many company goals, our number one priority is making vineyard vines a great place to work for all employees.
Our team is our family, and we'd never have grown to where we are today without them.
We're committed to building an inclusive team across all channels, departments and stores within our community. We hope you'll join us and see what the smiling pink whale is all about.
Overview:
We are actively seeking a Vice President of Real Estate to spearhead the growth and optimization of the vineyard vines Retail store real estate portfolio. As a member of our leadership team, you will play a critical role in shaping our retail footprint. This position involves leveraging established relationships in the Retail Real Estate space, utilizing company insights, predictive analytics tools, and extensive data analysis to develop, execute, lead, and drive a sophisticated, go-to-market real estate strategy.
Key Responsibilities:
Develop, execute, drive and consistently evolve a comprehensive real estate strategy in alignment with vineyard vines goals and growth targetsDevelop and maintain relationships with key real estate owners, developers, brokers, bankers and consultantsManage all elements of the lease negotiations for new store, renewals, closures, store size optimization, remodels and proposed redevelopmentsReview and analyze lease transactions including upcoming renewals to assess current market conditions, financial and non-financial implications, and recommend solutionsWork closely with finance team to ensure strategy alignment is within budgetary goals and financial targetsHelp to improve the profitability of the store fleet by recommending options to improve rent economics, build out costs, operating performance, and sizeProvide insights and recommendations to senior leadership based on market analysis and performance metricsCollaborate with various departments, including Stores, Outlet, Marketing, Finance, Operations, and Merchandising, to ensure seamless execution of real estate strategies and to integrate into broader business planningDemonstrate capacity to evaluate real estate investments on a financial pro forma basisPartner with legal on document negotiation on multi-party easement agreements, leases, purchase and sale agreements, site plan approvals and acquiring development rightsCoordinate property management activities with internal facilities management teamsPerform ad-hoc analyses as requestedLead and execute special projects as necessaryWhat you bring:
Bachelor's degree in a relevant field; advanced degree preferred12+ years of progressive leadership experience in retail real estate, with a proven track record of successStrong strategic thinking and planning skills, with the ability to develop and execute long-term growth strategiesExperience leading cross-functional teams and dealing with complex business challengesAbility to read, write and interpret legal documents and collaborate with attorney's on negotiation of legal documentsForward thinking with understanding of potential future impacts of legal language and agreementsStrong knowledge of and work experience with department store or "big box" retailing in shopping malls or lifestyle centersStrong knowledge of negotiation strategy and standard forms of anchor transactionsExcellent oral and written communication skillsExcellent leadership, facilitation, and interpersonal skills, with the ability to work across functional lines and at many levelsAbility to work a flexible schedule based on Company needsEvery-day Will Feel This Good Because:
We have a fun-spirited entrepreneurial culture filled with truly "good" peopleWe have flexible working hours and work from home days to accommodate your personal lifeWe offer a generous employee discount so you can rep our lifestyle on-and-off the boatWe offer a competitive salary package, 401-K, commuter benefits, and paid-family leave, health savings , flex spending accounts, life & disability insuranceWe have an onsite gym as well as health & financial wellness programs to keep you activeWe offer 2 summer Fridays to take off in addition to a competitive vacation policy & holiday calendar
vineyard vines is a highly successful, privately held, American clothing and accessory retailer founded in 1998 on Martha's Vineyard by brothers, Shep and Ian Murray. With Shep & Ian still at the helm today, vineyard vines has experienced exponential year over year growth and now operates over 120 retail locations locations including an outlet division, a successful e-commerce business, domestic distribution center, and expanding corporate headquarters. In addition, vineyard vines is carried in major department stores such as Nordstrom and Bloomingdales as well as numerous specialty boutiques across the US.
vineyard vines was founded on a state of mind that Every day should feel this good.
You don't need to be on a beach, by the ocean or on vacation to have Every day should feel this good moments. It's a state of mind that we all experience, and one where everyone is invited. At vineyard vines, we don't live an #EDSFTG life away from our desks - we bring it to work with us, too.
In our stores, at our Harbor Drive headquarters or working remotely, our company culture is fun, encouraging and welcoming to all. We work hard and play harder, and we never take ourselves too seriously. And while we have many company goals, our number one priority is making vineyard vines a great place to work for all employees.
Our team is our family, and we'd never have grown to where we are today without them.
We're committed to building an inclusive team across all channels, departments and stores within our community. We hope you'll join us and see what the smiling pink whale is all about.
Overview:
We are actively seeking a Vice President of Real Estate to spearhead the growth and optimization of the vineyard vines Retail store real estate portfolio. As a member of our leadership team, you will play a critical role in shaping our retail footprint. This position involves leveraging established relationships in the Retail Real Estate space, utilizing company insights, predictive analytics tools, and extensive data analysis to develop, execute, lead, and drive a sophisticated, go-to-market real estate strategy.
Key Responsibilities:
Develop, execute, drive and consistently evolve a comprehensive real estate strategy in alignment with vineyard vines goals and growth targetsDevelop and maintain relationships with key real estate owners, developers, brokers, bankers and consultantsManage all elements of the lease negotiations for new store, renewals, closures, store size optimization, remodels and proposed redevelopmentsReview and analyze lease transactions including upcoming renewals to assess current market conditions, financial and non-financial implications, and recommend solutionsWork closely with finance team to ensure strategy alignment is within budgetary goals and financial targetsHelp to improve the profitability of the store fleet by recommending options to improve rent economics, build out costs, operating performance, and sizeProvide insights and recommendations to senior leadership based on market analysis and performance metricsCollaborate with various departments, including Stores, Outlet, Marketing, Finance, Operations, and Merchandising, to ensure seamless execution of real estate strategies and to integrate into broader business planningDemonstrate capacity to evaluate real estate investments on a financial pro forma basisPartner with legal on document negotiation on multi-party easement agreements, leases, purchase and sale agreements, site plan approvals and acquiring development rightsCoordinate property management activities with internal facilities management teamsPerform ad-hoc analyses as requestedLead and execute special projects as necessaryWhat you bring:
Bachelor's degree in a relevant field; advanced degree preferred12+ years of progressive leadership experience in retail real estate, with a proven track record of successStrong strategic thinking and planning skills, with the ability to develop and execute long-term growth strategiesExperience leading cross-functional teams and dealing with complex business challengesAbility to read, write and interpret legal documents and collaborate with attorney's on negotiation of legal documentsForward thinking with understanding of potential future impacts of legal language and agreementsStrong knowledge of and work experience with department store or "big box" retailing in shopping malls or lifestyle centersStrong knowledge of negotiation strategy and standard forms of anchor transactionsExcellent oral and written communication skillsExcellent leadership, facilitation, and interpersonal skills, with the ability to work across functional lines and at many levelsAbility to work a flexible schedule based on Company needsEvery-day Will Feel This Good Because:
We have a fun-spirited entrepreneurial culture filled with truly "good" peopleWe have flexible working hours and work from home days to accommodate your personal lifeWe offer a generous employee discount so you can rep our lifestyle on-and-off the boatWe offer a competitive salary package, 401-K, commuter benefits, and paid-family leave, health savings , flex spending accounts, life & disability insuranceWe have an onsite gym as well as health & financial wellness programs to keep you activeWe offer 2 summer Fridays to take off in addition to a competitive vacation policy & holiday calendar