Manager, Real Estate
Pandora, Chicago, IL, United States
Real Estate Manager, Pandora NAM
As the largest jewellery brand in the world, we give a voice to millions of people’s lives every day. Our beautiful products empower people all around the world to express themselves. We are proud to be part of their stories and the most important moments in their lives.
About The Team The Real Estate Manager, in partnership with the Director, Real Estate, will focus on the maintenance of the Pandora corporate retail store portfolio through the process of identifying and evaluating new store locations, negotiating lease renewals, extensions, and negotiations. The role will enable long‑term growth, optimize the existing store portfolio, and negotiate deals with landlords to support Pandora's strategic initiatives. Building and maintaining strong internal cross‑functional and landlord relationships, being business‑minded and having strong financial acumen are essential. A flexible mindset, the ability to think outside of the box, and process‑building skills are also required.
Your Role As a Real Estate Manager
Supports growth strategy by developing and maintaining the roadmap for a geographic region, ensuring that the full potential of the region is identified and mapped.
Identifies and recommends new store site selections through developing a business case that takes market strategy, location requirements and data‑based targets for sales, rent and profit into consideration.
Supports new store openings from lease‑term negotiation through final lease execution.
Negotiates lease renewals for existing stores, including lease terminations, extensions and rent reductions.
Coordinates with cross‑functional teams (construction, legal, retail, merchandising, finance) before finalizing negotiations.
Prepares investment proposals for NAM and global approvals.
Manages rent targets and executes final approved terms.
Maintains knowledge of the competitive landscape, ensuring that Pandora’s portfolio of stores is in commercially competitive areas.
Tracks performance of new stores and rebuilds in partnership with finance and operations.
Craft Your Career With Us If You Have
5+ years’ experience in commercial real‑estate leasing for a national retailer. Global retailer experience a plus.
Strong financial acumen – a strong understanding of P&L and ability to relate profit, loss and added value to own work and the whole organization.
Business‑minded – uses insights gained from internal and external sources and data to make informed decisions and proposals.
Driven by achieving goals that contribute to long‑term business growth and results of the company.
High level of comfort with ambiguity and working in the “gray.”
Ability to work at a fast pace with multiple competing priorities.
Demonstrates flexibility and the ability to quickly adapt to change in the work environment.
Recognizes the importance of professional relationships cross‑functionally and with landlords, and proactively seeks out individuals to meet deliverables.
Exhibits a natural curiosity of how things are and explores how things could be improved.
Ability to represent Pandora in a positive light, with values in mind, to current and potential business partners.
Works well autonomously and is a team player.
Excellent verbal presentation and written communication skills.
Proficiency with Microsoft Office.
Travel: Up to 50% as needed to the corporate office and to identified markets for new store growth and review of existing stores for renewals.
Our Benefits
Competitive compensation package including base and bonus, a 401(k) plan to help you secure your financial future.
Extensive benefits including medical, dental, vision, short/long‑term disability, basic life and AD&D, anniversary gift cards, recognition program and product discounts.
Growth and development programs – continuous feedback, LinkedIn learning, tuition reimbursement and more.
Paid time off package including vacation, personal, sick, birthday, celebration days and paid holidays.
Chicago Salary: $111,200 – $139,000 commensurate with experience.
Houston Salary: $108,000 – $135,000 commensurate with experience.
About Pandora Pandora designs, manufactures, and markets hand‑finished jewellery made from high‑quality materials at affordable prices. Jewelry is sold in more than 100 countries through 6,800 points of sale, including more than 2,700 concept stores.
Headquartered in Copenhagen, Denmark, Pandora employs 27,000 people worldwide and crafts its jewelry at two LEED‑certified facilities in Thailand using mainly recycled silver and gold. The company plans to be carbon neutral by 2025 and has joined the Science‑Based Targets Initiative to reduce emissions across its full value chain. Pandora is listed on the Nasdaq Copenhagen stock exchange and generated revenue of DKK 23.4 billion in 2021.
Pandora’s recruitment procedures are designed to be transparent and clear for all candidates. This helps us ensure that applicants are provided with a fair and equal opportunity to demonstrate their competencies and skills by removing blocking factors, possible biases, and risks of discrimination. We encourage everyone applying to our vacancies to refrain from adding identity‑related elements such as a photo, marital status, and age.
#J-18808-Ljbffr
About The Team The Real Estate Manager, in partnership with the Director, Real Estate, will focus on the maintenance of the Pandora corporate retail store portfolio through the process of identifying and evaluating new store locations, negotiating lease renewals, extensions, and negotiations. The role will enable long‑term growth, optimize the existing store portfolio, and negotiate deals with landlords to support Pandora's strategic initiatives. Building and maintaining strong internal cross‑functional and landlord relationships, being business‑minded and having strong financial acumen are essential. A flexible mindset, the ability to think outside of the box, and process‑building skills are also required.
Your Role As a Real Estate Manager
Supports growth strategy by developing and maintaining the roadmap for a geographic region, ensuring that the full potential of the region is identified and mapped.
Identifies and recommends new store site selections through developing a business case that takes market strategy, location requirements and data‑based targets for sales, rent and profit into consideration.
Supports new store openings from lease‑term negotiation through final lease execution.
Negotiates lease renewals for existing stores, including lease terminations, extensions and rent reductions.
Coordinates with cross‑functional teams (construction, legal, retail, merchandising, finance) before finalizing negotiations.
Prepares investment proposals for NAM and global approvals.
Manages rent targets and executes final approved terms.
Maintains knowledge of the competitive landscape, ensuring that Pandora’s portfolio of stores is in commercially competitive areas.
Tracks performance of new stores and rebuilds in partnership with finance and operations.
Craft Your Career With Us If You Have
5+ years’ experience in commercial real‑estate leasing for a national retailer. Global retailer experience a plus.
Strong financial acumen – a strong understanding of P&L and ability to relate profit, loss and added value to own work and the whole organization.
Business‑minded – uses insights gained from internal and external sources and data to make informed decisions and proposals.
Driven by achieving goals that contribute to long‑term business growth and results of the company.
High level of comfort with ambiguity and working in the “gray.”
Ability to work at a fast pace with multiple competing priorities.
Demonstrates flexibility and the ability to quickly adapt to change in the work environment.
Recognizes the importance of professional relationships cross‑functionally and with landlords, and proactively seeks out individuals to meet deliverables.
Exhibits a natural curiosity of how things are and explores how things could be improved.
Ability to represent Pandora in a positive light, with values in mind, to current and potential business partners.
Works well autonomously and is a team player.
Excellent verbal presentation and written communication skills.
Proficiency with Microsoft Office.
Travel: Up to 50% as needed to the corporate office and to identified markets for new store growth and review of existing stores for renewals.
Our Benefits
Competitive compensation package including base and bonus, a 401(k) plan to help you secure your financial future.
Extensive benefits including medical, dental, vision, short/long‑term disability, basic life and AD&D, anniversary gift cards, recognition program and product discounts.
Growth and development programs – continuous feedback, LinkedIn learning, tuition reimbursement and more.
Paid time off package including vacation, personal, sick, birthday, celebration days and paid holidays.
Chicago Salary: $111,200 – $139,000 commensurate with experience.
Houston Salary: $108,000 – $135,000 commensurate with experience.
About Pandora Pandora designs, manufactures, and markets hand‑finished jewellery made from high‑quality materials at affordable prices. Jewelry is sold in more than 100 countries through 6,800 points of sale, including more than 2,700 concept stores.
Headquartered in Copenhagen, Denmark, Pandora employs 27,000 people worldwide and crafts its jewelry at two LEED‑certified facilities in Thailand using mainly recycled silver and gold. The company plans to be carbon neutral by 2025 and has joined the Science‑Based Targets Initiative to reduce emissions across its full value chain. Pandora is listed on the Nasdaq Copenhagen stock exchange and generated revenue of DKK 23.4 billion in 2021.
Pandora’s recruitment procedures are designed to be transparent and clear for all candidates. This helps us ensure that applicants are provided with a fair and equal opportunity to demonstrate their competencies and skills by removing blocking factors, possible biases, and risks of discrimination. We encourage everyone applying to our vacancies to refrain from adding identity‑related elements such as a photo, marital status, and age.
#J-18808-Ljbffr