Ulta Beauty · 1 week ago
Director Real Estate
Ulta Beauty is the largest North American beauty retailer, revolutionizing the beauty retail experience. The Director of Real Estate is responsible for leading the full real estate lifecycle within an assigned territory, including market analysis, site selection, and lease execution for new store openings and renewals.
BeautyConsumer GoodsCosmeticsRetail
Responsibilities
Partner with the Head of Real Estate to develop and implement strategies, priorities, and initiatives for new store openings, lease renegotiations, and asset management
Execute real estate strategies within the most demanding and complicated territories, including site selection, lease negotiations, renewals, remodels, relocations, and cost optimization
Mentor and guide Real Estate Managers within the reporting structure to foster growth and performance
Prepare and present comprehensive site packages to the Real Estate Committee, including financial, legal, and market analyses, and ROI evaluations for proposed leases
Continuously analyze market trends, competition, and existing store performance to inform strategic decisions
Manage and coordinate a broker network within the assigned territory
Build and maintain strong relationships with landlords and other retail partners
Partner with Legal, Finance, Operations, Store Services, and Construction teams to ensure seamless execution of lease processes through store openings
Oversee ongoing asset management for all stores within the territory
Lead special real estate projects as needed to support organizational goals
Qualification
Required
Bachelor's degree strongly preferred
10+ years of commercial retail real estate experience in site selection, development, or retail leasing for large-format (“big box”) stores
Strong understanding of shopping center leasing processes and procedures
Proven success in directing and completing lease negotiations
Demonstrated ability to troubleshoot and solve complex problems
Excellent verbal and written communication skills
Track record of building strong relationships with internal teams and external partners
Ability to manage multiple priorities and work independently as well as collaboratively
Willingness and ability to travel extensively
Strong business acumen and analytical skills
Exceptional communication and interpersonal skills
Highly organized with the ability to manage multiple projects and deadlines
Ability to remain calm under pressure, exercise sound judgment in ambiguous situations, and adapt to changing priorities
Ability to travel up to 75%
Flexible schedule availability, including evenings, weekends, and holidays
Ability to attend business meetings and industry conferences
Preferred
Established ability to develop high-performing teams and manage direct reports effectively preferred
Knowledge of legal, market research, and finance principles is a plus
Benefits
Paid time off
Health
Dental
Vision
Life and disability benefits
Company
Ulta Beauty
Ulta Beauty is a beauty retailer that offers a wide range of products including cosmetics, fragrances, skincare, and hair care.
H1B Sponsorship
Ulta Beauty has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2020 (9)
Funding
Current Stage
Public CompanyTotal Funding
$266.3MKey Investors
Berkshire HathawayDimensional Fund Advisors
2024-08-14Post Ipo Equity· $266.3M
2016-10-11Post Ipo Equity
2007-10-25IPO
Leadership Team
Recent News
Global Cosmetic Industry Magazine
2026-01-23
2026-01-22
Company data provided by crunchbase