Director, Real Estate (Remote)

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Gap Inc.

About Gap Inc.

Our brands bridge the gaps we see in the world. Old Navy democratizes style to ensure everyone has access to quality fashion at every price point. Athleta unleashes the potential of every woman, regardless of body size, age or ethnicity. Banana Republic believes in sustainable luxury for all. Gap inspires the world to bring individuality to modern, responsibly made essentials. This simple idea—that we all deserve to belong, and on our own terms—is core to who we are as a company and how we make decisions. Our team is made up of thousands of people across the globe who take risks, think big, and do good for our customers, communities, and the planet. Ready to learn fast, create with audacity, and lead boldly? Join our team.

About the Role

The Director of Real Estate will lead a real estate region and major landlord portfolios for all Gap Inc. brands. The Director is responsible for the procurement of new store growth, and the development of a long‑term profitable real‑estate strategy within their regions and markets. The position is responsible for managing the entire real‑estate pipeline from strategy to execution, mitigating rent and occupancy exposure across the enterprise for all existing and new stores within the region and market. Actively drives strategic initiatives that engage business partners and leaders across the organization to evolve and deliver Gap Inc.’s real‑estate strategy. This includes but is not limited to partnering with brand leaders within the enterprise to guide brand real‑estate strategy, deployment, pipeline and risk management. This role will report into the Head of Real Estate.

What You’ll Do

Identifies business needs within Gap Inc. Real Estate and cross‑functional departments and is able to implement procedural and process changes.

Oversee 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; leaders of these groups supporting all brands and the RE Leadership Team; builds effective relationships at all levels across all Gap Inc brands.

Partner with the brands to support the development of real‑estate strategies and priorities in support of broader brand business strategies, growth and financial plans.

Support 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 for specific portfolios & territory within a region.

Openly challenge the status quo, gain consensus among key stakeholders and implement new ideas to continuously improve departmental processes.

Lead and act as RE field representative on corporate initiatives that transform and align the organization as required.

Develop an executable strategy from consolidating multiple perspectives, with strategic options that challenge or require cooperation from others to drive innovation.

Support, recognize, and encourage team members to strive for high performance.

Effectively engage, communicate and work with business partners to seek agreement with multiple stakeholders in order to influence and drive shared positive results across the organization.

Build strong partnerships with key stakeholders across Gap Inc. (such as Legal, Finance, Store Development, Store Design, etc.).

Support the framework and environment with business partners that consist of an action plan that allows the organization to generate and strengthen innovative ideas to gain 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 10+ years' experience in Retail Real Estate on a national basis.

Extensive market and real‑estate knowledge with proven track record of negotiating deals.

Extensive knowledge and experience of real‑estate site acquisition and pipeline process.

Extensive knowledge of lease administration process.

Thorough knowledge and experience with negotiation strategies and techniques.

Proven track record of supporting a sustainable and profitable real‑estate strategy.

Strong industry reputation within the real‑estate industry with a track record of building relationships with Retail Brokers, Major Developers and Landlords.

Extensive knowledge of specialty store and "Big Box" retailing in shopping mall, power center, neighborhood and street retailing environments.

Demonstrated ability to deliver high quality results.

Strong knowledge and understanding of legal and regulatory issues related to Retail Real Estate deals.

Successful track record of collaboration with different Business Functions to achieve goals.

Experience of working successfully in a matrix organization.

Bachelor's degree related field / business administration required.

Sound understanding of P&L and the drivers of financial returns.

Benefits

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.

One of the most competitive paid time off plans in the industry.

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.

See more of the benefits we offer.

Equal Employment Opportunity

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.

Salary Range

Salary Range : $150,900 - $217,400 USD. Employee pay will vary based on factors such as qualifications, experience, skill level, competencies and work location. We will meet minimum wage or minimum of the pay range (whichever is higher) based on city, county and state requirements.

Seniority level : Director. Employment type : Full‑time. Job function : Sales and Management. Industry : Retail.

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