VP, Real Estate

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Job description

Position Summary: VP, Real Estate

The Vice President, Real Estate will be responsible for the leadership and strategy driving store development and growth throughout the Guitar Center enterprise. This role reports to the CFO and its key objectives are the ongoing analysis, selection, and negotiation of new and current store sites, relocation, replacement expansion, and store initiatives as well as oversight over the company's corporate real estate. This individual will influence the organization's position from their expertise in market assessment, site planning, and location and deal strategy with our landlords. Key focuses include store development objectives, targeted sales estimates, the impact of store P&L, and management of existing store leases. The VP must build solid relationships and maintain ongoing coordination with internal and external partners.

Responsibilities will include, but will not be limited to the following:

* Elevate Guitar Center's nationwide real estate strategy, as decided by the Management Committee, to achieve goals for store development, expansion, and profitability.
* Lead and analyze the negotiation strategy for the company and our brands regarding lease renewals, store expansions, existing store, and shopping center requirements.
* Grow and maintain cohesive, proactive communication and excellent working relationships with real estate brokers, developers, owners, landlords, attorneys, and all other external partners.
* Maintain accountability and performance of team's results through frequent reporting of KPIs and metrics to the Management Committee.
* Guide and coach Real Estate Directors to achieve and surpass goals set forth by the Management Committee on negotiations, profitability, and to optimize our philosophy and practice on lease or purchase agreement execution, as assigned.
* Provide leadership and coaching to grow and develop leaders within the team and throughout the organization.
* Grow Guitar Center's strategy for ongoing assessment of multi-market store site locations (availability, property value, access, zoning, development obstacles, timing, etc.).
* Continuously streamline real estate processes to ensure efficient and effective workflow throughout the organization.
* Travel with the team in markets when necessary.
* Additional duties as assigned.

About Guitar Center

The Guitar Center Company embodies the world of creativity and music by encouraging our teammates to find their own individual sound. Our mission is to develop and nurture lifelong musicians and make a difference in the world by enabling musicians and non-musicians alike to experience the joy that comes from creating music. We believe in putting our customers first, engaging with respect and integrity and fulfilling our mission with passion.

The Guitar Center Company operates through several business divisions. Guitar Center is the world's largest retailer of guitars, amplifiers, drums, keyboards, recording, live sound, DJ, and lighting equipment, with more than 290 stores across the United States. 2014 marked the milestone 50th anniversary of the Guitar Center Company as the organization continues to help people make music from coast to coast.

E-Commerce brands Guitar Center, Musician's Friend and WWBW offer online sales of a broad selection of music products. The Music & Arts division operates more than 220 stores specializing in band & orchestral instruments for sale and rental, serving teachers, band directors, college professors, and students since 1952. AVDG and GCPro headline the enterprise audio-visual integration business, delivering a best-in-class commercial and residential customer experience.

To join our band, you'll need the following experience:

* Bachelor's Degree (or 12 -- 15 years of equivalent work experience)
* 12 - 15 years of transformative Real Estate management experience within a retail store organization; big-box experience preferred.
* Capable of strategically influencing business partners through diplomacy, building consensus, negotiating, and exercising leadership skills.
* Ability to hold themselves and their teams accountable for quality work based on understanding our company and brands.
* Ability to represent the company with the highest levels of integrity and value within the marketplace.
* A high-energy individual, able to be successful and resourceful in a fast-paced environment.

Why join us?

With a career at Guitar Center, you become part of the world's largest multichannel musical instrument retailer. Whether at our Stores, Contact Centers, Distribution Centers, or Support Center, Guitar Center employees have a common goal: to help people find their sound and fill the world with more music.

Love this gig and want to apply?

Send your resume and cover letter today along with salary expectations!

Guitar Center is an Equal Opportunity Employer and provides fair and equal employment opportunity to all employees and applicants regardless of race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, veteran status or any other protected status prohibited under Federal, State, or local laws. All employment decisions are based on valid job‐related requirements.

If you are a qualified individual with a disability or a disabled veteran and are unable or limited in your ability to use or access our website, you may request a reasonable accommodation to express interest in a specific opening. You can request a reasonable accommodation by sending an email to .

Full-time