Glen Williamson
Vice President, Real Estate, Burlington Stores Inc
Burlington, NJ 08016
Vice President of Real Estate at Burlington Stores, Inc.
Phone (609) 387-7800
Vice President of Real Estate at Burlington Stores, Inc.
Property Types
Industrial, Office, Retail, Flex
Markets
Charlotte, Raleigh/Durham, Greensboro/Winston-Salem, Asheville, Wilmington
Bio
As Dir-Real Estate for Asset Management, Leasing and Surplus, I provide enterprise-wide real estate support in the management of Burlington’s corporate assets. This role acts as both a project leader for transactions and a subject matter resource across the organization. Responsibilities:
• Shopping Center/Store Redevelopments: For owned and master leased shopping centers controlled by Burlington, develop strategic plans for the redevelopment of these assets which maximizes internal rates of return and delivers brand standard Burlington stores. This program encompasses all aspects of project management; planning, design, permitting, construction, securing tenants and negotiating leases. Where external capital investment, or additional resources are required, secure JV Partnerships, managing Request for Proposals, NDA and JV Agreements.
• Surplus Properties: Manage the marketing, sale/lease of surplus properties. This program includes ground up development, build-out of existing retail spaces and store within store concepts while managing a portfolio of 50 current tenants with annual NOI in excess of $5 million. For 2020, program capabilities have been expanded to include net lease sales.
• Leasing: For leased facilities, manage a 5-year strategic plan that proactively engages Landlords to negotiate and secure updated lease provisions, extended term, lowered occupancy costs and tenant improvement allowances.
• Asset Management: Manage condemnations, consents and licensing as requested, generating fees when warranted. Leverage expertise and Landlord relationships to solve intractable issues for Property Management, Facilities, Store Planning and Lease Administration. Coordinate scheduling for stores being closed, or relocated. Direct goodwill gifts of real property.
• Industrial Properties: Responsible for acquisition of new facilities and the ongoing evaluation of lease terms for existing facilities, confirming fair market rent and expense increases.
Education
Affiliations
