Job ID: 285792
Location Name: FSC REMOTE SF/NY/DC -173(USA_0173)
Address: FSC, Remote, CA 94105, United States (US)
Job Type:
Position Type: Regular
Job Function: Real Estate/Prop Dev
Work Location: Remote
Belong to Something Beautiful
At Sephora, beauty is about feeling seen, valued, and empowered, individually and collectively. It is connecting deeply with others, celebrating diversity and inclusivity, unlocking your potential, and making a difference every day. Together, we belong to something beautiful.
Your Role at Sephora:
Ready for a career glow up? As Director of Real Estate, you’ll develop and execute Sephora’s real estate strategy across the Southeast region, identifying and securing prime retail locations that support Sephora’s growth. The work you do will impact beauty, as you drive market expansion, negotiate strategic lease agreements, and optimize the performance of Sephora’s retail portfolio. You’ll be part of a team that’s united in beauty, supported by those who are equally passionate about strategic growth, market analysis, and delivering exceptional retail experiences.
What You’ll Do:
- Develop and implement Sephora’s real estate strategy, including identifying and securing new store locations
- Manage the full real estate pipeline from strategy through execution for new and existing stores
- Identify and evaluate potential retail sites using market research, trade area analysis, and competitive landscape insights
- Negotiate lease terms, landlord work letters, renewals, relocations, expansions, and store closures
- Partner with Legal and internal teams to negotiate and execute real estate agreements and resolve landlord disputes
- Build and maintain strong relationships with landlords, brokers, developers, and retail partners
- Collaborate cross-functionally with Store Design, Construction, Operations, Finance, and Legal to ensure successful store development projects
- Prepare and present site selection and lease recommendations to the Real Estate Committee and senior leadership
- Manage and optimize the existing real estate portfolio, identifying opportunities for cost savings and revenue enhancement
- Participate in annual real estate strategy planning and contribute to the multi-year real estate plan
- Travel as needed to support site selection, negotiations, and market visits
What You’ll Bring:
- 7+ years of experience in retail real estate site selection, lease negotiations, and portfolio management
- Proven ability to negotiate complex business and legal terms for retail leases
- Strong financial and demographic analysis skills, including running proformas and interpreting financial results
- Established relationships with national and regional developers, landlords, and brokers
- Experience with mall, power center, lifestyle center, and outlet retail real estate
- Ability to read and interpret lease agreements and legal documents
- Strong communication and presentation skills, with the ability to present recommendations to senior leadership
- Strong collaboration skills and ability to work cross-functionally across multiple teams
- Proficiency in Microsoft Office Suite
- Bachelor’s degree preferred or equivalent experience
The ideal candidate will reside in one of the following states: OK, LA, AR, MS, TN, AL, GA, FL, NC or SC
What You’ll Get:
The annual base salary range for this position is $173,400.00 - $212,000.00 The actual base salary offered depends on a variety of factors, which may include, as applicable, the applicant’s qualifications for the position; years of relevant experience; specific and unique skills; level of education attained; certifications or other professional licenses held; other legitimate, non-discriminatory business factors specific to the position; and the geographic location in which the applicant lives and/or from which they will perform the job. Individuals employed in this position may also be eligible to earn bonuses. This job will be posted for a minimum of five days.
- Caring Community. You’ll collaborate with teammates who are equally passionate about innovating and driving the industry forward – together, united in beauty.
- Fulfilling Path. Your career transformation starts here, with opportunities that will challenge, stretch and develop your skills.
- Meaningful Work. As you make an impact on beauty, you’ll feel and see the positive change (consumer, industry, and social) that your individual voice is a part of.
Rewards as Unique as You:
Some benefits have eligibility requirements and may depend on job classification and length of employment.
- Health. Choose a healthcare plan to fit you and your family’s needs with medical, dental, and vision coverage. Sephora also fully covers our employees’ disability and life insurance.
- Wealth. We offer a competitive 401k with 4% match as well as FSA and HSA programs. We also offer a Student Debt Retirement plan, where your student loan payments qualify to earn the 401k match from Sephora.
- Balance. You’ll be empowered to find the perfect blend of work/life balance that actually works for you with PTO, flexibility, protected leave, and more.
- Growth. Career growth is built into every role, with access to training, development, and tuition reimbursement.
- Perks. Think you’ve tried it all? Enjoy a 30% discount on all merchandise/services, opportunities for free product or “gratis,” and flash sale discounts on LVMH brand products.
- Support. Join a team that truly cares – with free mental health and financial coaching resources with 24/7 access to Modern Health and Financial Finesse. Plus, volunteer and donation matching.
Sephora values a diverse and inclusive workplace and considers all applicants without regard to sex, pregnancy, race, color, national origin, gender (including gender identity and gender expression), age, religion, sexual orientation, military/veteran status, disability, or any other protected category. Sephora is committed to providing reasonable accommodation ta applicants with disabilities or other medical conditions.
Sephora will consider all qualified applicants, including those with arrest and conviction records in a manner consistent with the requirements of all applicable laws, including the Los Angeles Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, and the New York City Fair Chance Act.
Join Us and Belong to Something Beautiful