Lease Manager
Houston, TX - USA
Job Summary
H&M Group is a global company of strong fashion brands and ventures. Our goal is to prove that there is no compromise between exceptional design affordable prices and sustainable solutions. At H&M we want to liberate fashion for the many and our customers are at the heart of every decision we make.
We are made up of thousands of passionate and talented colleagues united by our shared culture and values. Together we want to use our power our scale and our knowledge to push the fashion industry towards a more inclusive and sustainable future.
About the Role
As a Lease Manager your main focus will be to manage the store portfolio in your market by securing the best locations and deals optimizing performance and ensuring longterm sustainable growth for all brands. You lead the full leasing lifecyclefrom market analysis and deal negotiation to due diligence business case preparation and crossfunctional executionto secure profitable competitive and futurefit stores.
This hybrid role reports into our Expansion Manager and is based out of one of our Sales Region Office in Houston TX.
A Day in the Life
Working at H&M means no two days are ever the same but a typical day will include the following responsibilities*
- Enable growth by developing and maintaining an up-to-date roadmap for each brand
- Have a great understanding of local customer behavior and the local competition
- Create and follow up on pipeline ensuring that we continuously work on several alternatives
- Enable the optimization of selling location and profitability of each deal
- Set ambitious targets for each deal based on its location strength and use H&Ms negotiation principles to negotiate the best deal always in a professional way and in line with our Code of Ethics
- Analyze relevant data (e.g. market rent traffic cannibalization) to ensure your business cases are based on facts
- Coordinate in a positive and collaborative way with other functions before finalizing the negotiations
- Complete due diligence reports on our landlords to ensure that we have vetted our business partners
- Recommend the full business case in terms of fit with market strategy location requirements commercial idea configuration of space economic and legal terms as well as risk assessment
- Present ready negotiated business cases for approval by in a professional and convincing way
- Work closely with C&F and Legal and help facilitate deals through the legal and construction process
- Ensure the store portfolio is commercially competitive in your geographic area and beats local competition in terms of customer experience
- Actively seek ways to improve the portfolio keeping in mind the long-term impact and aligning with latest global leasing and legal guidelines
- Negotiate lease actions for existing stores based on a thorough analysis of the performance and conditions of the store (e.g. breaks terminations lease term extensions rent reductions capital contribution)
- Stay up to date on the financial/strategic performance of our landlords as well as relevant changes to their assets and continuously uphold professional business relations with them
- Work in close collaboration with the Expansion Manager in Sales Market to set and implement the strategy in your market
- Take the lead on driving store projects until signing and ensure close collaboration of the project team (inside and outside of Expansion) and secure their input in the project time plan and service scope delivery
- Work closely with legal facilities and the operational team to ensure that we act in line with our contractual rights and obligations throughout the lease term
Who You Are:
- Bachelors or masters degree in Real Estate Business Economics or a related field
- Strong leasing and negotiation skills with a solid understanding of legal frameworks
- Strategic and analytical mindset with the ability to balance long-term vision and short-term actions
- Strong planning organization and prioritization skills with the ability to manage multiple projects
- Calm and solutions-oriented approach in complex situations and under pressure
- Strong financial understanding and business acumen
- Results-driven with strong communication and influencing abilities
- Proficient in MS Office and Power BI
- Advanced English level both written and spoken
- Minimum 3 years of experience in leasing controlling or real estate preferably within the retail industry
- You are communicative and socially confident combining analytical and methodical thinking with a conscientious and results-driven approach. You remain resilient decisive and action-oriented while fostering collaboration and maintaining professionalism in all interactions
Why Youll Love Working at H&M
- We value diverse backgrounds including but not limited to race ethnicity gender age religion sexual orientation and disability
- We pride ourselves on being a values-driven organization guided by our 7 unique values that have been part of our success story for over 75 years
- Youll have access to our Colleague Resource Groups (CRGs) to find community and networking opportunities among colleagues
- We are an inclusive company where youre encouraged to be yourself at work
- You will have access to a large global talent community where career growth and aspirations have no limits
- We believe in supporting your overall wellbeing and offer comprehensive benefits inclusive of health insurance wellness and family support programs company match 401k paid leave programs and paid time off including a community day to serve your local community
- Youll be able to express your personal style with our employee discount at H&M & Other Stories and COS
Compensation: Salary $152499
*This job posting highlights the most critical responsibilities and requirements of the job and is not all-inclusive. There may be additional duties and responsibilities assigned for this job at the companys discretion.
**H&M in good faith has assessed this posted range of compensation as the accurate range for this role and location at the time of this posting. H&M may ultimately pay more or less than the posted range depending on candidate qualifications. This range may be modified in the future.
Job Status: Salary Exempt
Additional Information :
All your information will be kept confidential according to EEO guidelines.
Remote Work :
No
Employment Type :
Full-time
About Company
H&M, as a fashion brand, offers the latest styles and inspirationsfrom trendy pieces and unique collaborations with designers to wardrobe essentials at affordable prices. Our business concept is to deliver fashion and quality at the best price, sustainably. To learn more about H&M, ... View more