ABOUT THE ROLE
The Peloton real estate team is looking for a diligent commercial real estate professional to join our in-house team. As a member of Peloton’s real estate team, you will help support matters related to our corporate offices, retail store locations, distribution and supply chain facilities, construction and development needs, as well as lease and sublease management. This position reports to the Sr. Director of Real Estate and works from our New York HQ.
The successful candidate will have a proven track record of managing the planning, coordination, and execution of real estate projects. The ideal candidate is a self-starter, a creative problem solver, attentive to detail, highly organized and comes to Peloton with a network of real estate industry contacts. The candidate should thrive in a fast-paced environment, and is someone who consistently exceeds expectations.
In this role, you will help the real estate team manage relationships with our landlords and our subtenants. In addition to managing landlords, related leases, and subtenants, the ideal candidate will contribute to our continued efforts to decommission certain existing showrooms, support construction needs, and support retail micro store openings.
YOUR DAILY IMPACT AT PELOTON
Manage communications with landlord partners in lease administration matters Track critical dates such as lease expirations, options, and kick-outs; and organize monthly meetings with business partners Manage collection of tenant allowances by working with vendors to obtain required documents Lead and manage the end-to-end execution of construction projects for retail, office, and warehouse locations Develop and maintain project timelines, budgets, and resource allocations to support business objectives and meet deadlines Identify risks and troubleshoot issues that arise during the decommissioning of retail showrooms Provide regular updates to stakeholders on project progress and potential delaysYOU BRING TO PELOTON
4+ years of Commercial Real Estate experience A strong background in retail and commercial leases A network of industry contacts Experience interacting with real estate brokers and construction vendors Outstanding relationship management skills#LI-ES2
#LI-Hybrid
The base salary range represents the low and high end of the anticipated salary range for this position based at our New York City headquarters. The actual base salary offered for this position will depend on numerous factors including individual performance, business objectives, and if the location for the job changes. Our base salary is just one component of Peloton’s competitive total rewards strategy that also includes annual equity awards and an Employee Stock Purchase Plan as well as other region-specific health and welfare benefits.As an organization, one of our top priorities is to maintain the health and wellbeing for our employees and their family. To achieve this goal, we offer robust and comprehensive benefits including: - Medical, dental and vision insurance - Generous paid time off policy - Short-term and long-term disability - Access to mental health services - 401k, tuition reimbursement and student loan paydown plans - Employee Stock Purchase Plan - Fertility and adoption support and up to 18 weeks of paid parental leave - Child care and family care discounts - Free access to Peloton Digital App and apparel and product discounts - Commuter benefits and Citi Bike Discount - Pet insurance and so much more! Base Salary Range$135,830—$183,370 USD
ABOUT PELOTON:
Peloton (NASDAQ: PTON), provides Members with expert instruction, and world class content to create impactful and entertaining workout experiences for anyone, anywhere and at any stage in their fitness journey. At home, outdoors, traveling, or at the gym, Peloton brings together immersive classes, cutting-edge technology and hardware, and the Peloton App with multiple tiers to personalize the Peloton experience [with or without equipment]. Founded in 2012 and headquartered in New York City, Peloton has millions of Members across the US, UK, Canada, Germany, Australia, and Austria. For more information, visit www.onepeloton.com.
At Peloton, we motivate the world to live better. “Together We Go Far” means that we are greater than the sum of our parts, stronger collectively when each one of us is at our best. By combining hardware, software, content, retail, apparel, manufacturing, Member support, and so much more, we deliver an exhilarating fitness experience that unlocks our members' greatness. Join our team to unlock yours.
Peloton is an equal opportunity employer and complies with all applicable federal, state, and local fair employment practices laws. Equal employment opportunity has been, and will continue to be, a fundamental principle at Peloton, where all team members, applicants, and other covered persons are considered on the basis of their personal capabilities and qualifications without discrimination because of race, color, religion, sex, age, national origin, disability, pregnancy, genetic information, military or veteran status, sexual orientation, gender identity or expression, marital and civil partnership/union status, alienage or citizenship status, creed, genetic predisposition or carrier status, unemployment status, familial status, domestic violence, sexual violence or stalking victim status, caregiver status, or any other protected characteristic as established by applicable law. This policy of equal employment opportunity applies to all practices and procedures relating to recruitment and hiring, compensation, benefits, termination, and all other terms and conditions of employment. If you would like to request any accommodations from application through to interview, please email: applicantaccommodations@onepeloton.com
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