Senior Real Estate Manager, Central South

Who We Are

lululemon is an innovative performance apparel company for yoga, running, training, and other athletic pursuits. Setting the bar in technical fabrics and functional design, we create transformational products and experiences that support people in moving, growing, connecting, and being well. We owe our success to our innovative product, emphasis on stores, commitment to our people, and the incredible connections we make in every community we're in. As a company, we focus on creating positive change to build a healthier, thriving future. In particular, that includes creating an equitable, inclusive and growth-focused environment for our people.

A Day in the Life: What You'll Do as a Senior Real Estate Manager, Central South

• Manage the full spectrum of property assets related to leased space.
• Work directly with landlords and brokers to meet space needs/requirements.
• Negotiate terms and conditions of leases, reviewing offers to lease and lease agreements.
• Collaborate with the lease management & portfolio team on new lease and amendment reviews, store openings, and other related real estate activity.
• Oversee lease database management, key lease dates, and communication of lease data (especially store opening dates) to Store Construction, Store Planning, Design, Financial Planning, and other key departments.
• Collaborate with Store Design, Store Construction, and program managers to ensure retail environments are opened on time, aligned with the store design vision, and within the approved proforma.
• Interface with attorneys to review, negotiate, and finalize lease documents.

Qualifications for Success

• 8 - 10 years related real estate leasing experience, preferably representing retail tenants.
• Expert knowledge of lease language & related legal documentation specific to commercial real-estate.
• Excellent negotiation and communication skills, both verbal and written.
• Confidence in dealing with people (internal and external) and resolving issues diplomatically.
• Resourceful with a high level of initiative and strategic thinking to develop holistic market plans.
• Proven work ethic with utmost integrity.
• Desire to excel and succeed.
• Self-awareness, with a desire for constant self-improvement.
• Authorization to work in the USA is required for this role.

Must Haves (lululemon Culture & Values)

• Acknowledge the presence of choice in every moment and take personal responsibility for your life.
• Possess an entrepreneurial spirit and continuously innovate to achieve great results.
• Communicate with honesty and kindness and create the space for others to do the same.
• Lead with courage, knowing the possibility of greatness is bigger than the fear of failure.
• Foster connection by putting people first and building trusting relationships.
• Integrate fun and joy as a way of being and working, aka doesn’t take yourself too seriously.

Workplace Arrangement & Location

This is a remote, field-based position. Candidates must be located within the Central South region, including New Mexico, Texas, Oklahoma, Mississippi, Alabama, Louisiana, Arkansas, the Florida Panhandle, or Memphis.

Compensation and Benefits Package

lululemon’s compensation offerings are grounded in a pay-for-performance philosophy that recognizes exceptional individual and team performance. The typical hiring range for this position is from $130,800 - $171,700 annually; the base pay offered is based on market location and may vary depending on job-related knowledge, skills, experience, and internal equity. As part of our total rewards offering, permanent employees in this position may be eligible for our competitive annual bonus program and, subject to program eligibility requirements.

At Lululemon, investing in our people is a top priority. We believe that when life works, work works. We strive to be the place where inclusive leaders come to develop and enable all to be well. Recognizing our teams for their performance and dedication, other components of our total rewards offerings include support of career development, wellbeing, and personal growth:

• Extended health and dental benefits, and mental health plans.
• Paid time off.
• Savings and retirement plan matching.
• Generous employee discount.
• Fitness & yoga classes.
• Parenthood top-up.
• Extensive catalog of development course offerings.
• People networks, mentorship programs, and leadership series.

Note: The incentive programs, benefits, and perks have certain eligibility requirements. The Company reserves the right to alter these incentive programs, benefits, and perks in whole or in part at any time without advance notice.

Key Skills/Competency

• Real Estate Leasing
• Property Asset Management
• Lease Negotiation
• Commercial Real Estate
• Market Planning
• Retail Tenant Representation
• Legal Documentation Review
• Strategic Thinking
• Cross-functional Collaboration
• Contract Management