Partner with Senior Executives and third-party brokers to develop and lead company real estate development strategy. This position is dedicated to; sourcing new development restaurant and store opportunities and the management, oversight and organization of the real estate portfolio, lease negotiations, working with internal business partners on project execution and in-house Counsel on leasing related legal issues.
BE THE ISLAND GUIDE
Leads company efforts to source and evaluate new store and restaurant opportunities.
Conducts research to support new store and restaurant development projects, including visiting prospective sites, using internal and external data, etc.
Negotiates company's retail and restaurant leases.
Conducts financial analysis using pro forma models to analyze each projects
Works with senior leadership and stakeholders to accomplish development projects.
Leads the coordination of new development projects, including negotiating LOI’s, work letters and leases, and coordinating jurisdictional compliance requirements, landlord and tenant work, etc.
Tracks and manages all landlord and tenant lease obligations.
Performs other duties as needed to help support the overall business.
ESSENTIALS FOR LIFE IN PARADISE
BS in Business required; MBA or JD preferred.
Generally, 10 + years of leasing experience working with either a national retailer, REIT, property developer or real estate broker.
Experience negotiating retail and/or restaurant real estate leases
Strong financial analysis skills and understanding of lease economics
Experience with financial “pro-formas”
Multiple factors will vary the applicable rate of pay for this role, including an individual’s experience, knowledge, and skillset, as well as work location and available budget.
Rate Range: $140,000.00 to $200,000.00 annually
Mahalo (thank you) for your interest in Tommy Bahama!
Tommy Bahama, a renowned lifestyle brand, was founded in 1993 with the vision of embodying the relaxed, sun-soaked spirit of island living. Headquartered in Seattle, Washington, the brand has become synonymous with high-quality, casual luxury apparel, accessories, and home furnishings that reflect the laid-back lifestyle of coastal living.
Tommy Bahama operates a diverse range of retail stores across the United States, as well as in select international locations, offering a full line of men’s and women’s apparel, swimwear, accessories, and home décor. In addition to retail, the brand extends its reach into the hospitality industry with Tommy Bahama fine dining Restaurants and upscale casual Marlin Bar locations, blending retail with a unique dining experience that complements its lifestyle brand.
The company is dedicated to delivering exceptional customer experiences through its high standards of craftsmanship, attention to detail, and a commitment to quality. This dedication has earned Tommy Bahama a loyal customer base and a prominent position in the market.
With a strong emphasis on the "island lifestyle," Tommy Bahama continually seeks to inspire relaxation and adventure, making it a beloved brand for those who embrace the easy-going, yet sophisticated, way of life.