William Albaugh

William Albaugh Email and Phone Number

Senior Director - Real Estate, Construction, and Facilities @ Sleep Number Corporation
Seattle, WA, US
William Albaugh's Location
Seattle, Washington, United States, United States
William Albaugh's Contact Details

William Albaugh personal email

n/a
About William Albaugh

Over the past 21 years, I have worked extensively in the commercial real estate development field, focusing on property acquisition, site selection, lease negotiation, market planning, financial advising, and consulting for multiple national retailers, developers, and public organizations. I possess a strong knowledge of US and Canadian retail markets including local shopping patterns, typical retailer penetration strategies, and development trends.

William Albaugh's Current Company Details
Sleep Number Corporation

Sleep Number Corporation

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Senior Director - Real Estate, Construction, and Facilities
Seattle, WA, US
Website:
sleepnumber.com
William Albaugh Work Experience Details
  • Sleep Number Corporation
    Senior Director - Real Estate, Construction, And Facilities
    Sleep Number Corporation
    Seattle, Wa, Us
  • Sleep Number Corporation
    Senior Director - Real Estate, Construction, And Facilities
    Sleep Number Corporation Jul 2024 - Present
    Minneapolis, Minnesota, Us
    Lead real estate, construction, and facilities functions across company portfolio.
  • Sleep Number
    Director Of Real Estate
    Sleep Number Jun 2022 - Present
    - Oversee real estate development process including site selection, deal negotiation, and store opening cadence for over half of US including the Northeast, Upper Midwest, Southern Great Plains, and most of the West - Supervise leasing administration team over new and existing store actions- Manage Sleep Number short and long term market strategy for incremental trade areas and overall store positioning across all of US
  • Starbucks
    Store Development Manager
    Starbucks Feb 2016 - Jun 2022
    Seattle, Wa, Us
    - Oversee all real estate project development aspects including site selection, lease negotiation, construction/design timelines, entitlement oversight and coordination, and existing portfolio management for ~300 company-operated store HQ region encompassing much of Metro Seattle, Western Washington, and Alaska.- Negotiate multiple deal structures (build-to-suit, ground lease, etc.) and types (freestanding, endcap, in-line, ground-up, QSR and bank conversion, etc.)- Contribute ~20-30 store format openings (new stores, relocations, expansions, major remodels) per year in one of the most jurisdictionally-challenging and expensive cost-of-doing-business regions across the country- Manage the initial roll-out of multiple new store formats across PacNW (pick-up only, curbside, drive-thru/pick-up hybrid, micro drive-thru only)- Interact with senior leadership on specific projects and initiatives for Starbucks' home region
  • Select Comfort
    Senior Finance Manager - Real Estate Development
    Select Comfort May 2011 - Feb 2016
    Minneapolis, Minnesota, Us
    • Developed, prioritized, and led near term and 3-5 year real estate strategic plan for 500 store portfolio across US• Evaluated and worked on approximately 70 to over 100 capital projects on an annual basis• Negotiated incremental store, reposition, and renewal LOIs and leases for mall and non-mall properties in Western US• Partnered closely with internal real estate team and external broker network in executing optimization strategy for all current and future markets• During tenure as head of company real estate strategy, average store volumes doubled with average opening volumes exceeding 120% of projection• Created and implemented A,B,C Market Tier growth and sales potential model now utilized in consideration of all trade areas• Managed finance team responsible for real estate capital and store occupancy forecasting• Maintained close partnership with construction team collaborating on construction cost efficiency and store design evolution• Oversaw governance of annual operating budget for all real estate capital projects including new locations, repositions, and remodels
  • Redd Realty Services
    Acquisitions Manager
    Redd Realty Services 2009 - 2011
    • Identified and managed ground-up grocery-anchored development and acquisition projects across Middle Tennessee, including site selection, due diligence, contract negotiation, and tenant selection• Engaged as broker and CVS representative for multiple Nashville-area locations
  • Target
    Senior Market Analyst
    Target 2008 - 2009
    Minneapolis, Mn, Us
    • Oversaw real estate strategy for 100+ store-territory encompassing half of the Southeastern US• Managed prioritization of sites and gave financial and logistical guidance on potential projects and capital budgeting including store format, sales forecast, cannibalization, and opening date• Provided expertise and direction nationwide on compromised sites, unique store formats, co-tenancy issues, market buildout, and distressed retailer challenges
  • Baker Storey Mcdonald Properties
    Managing Director
    Baker Storey Mcdonald Properties 2004 - 2008
    Nashville, Tn, Us
    • Co-founded and managed BSM Consulting LLC, a separate entity focused on site selection, market strategy, tenant representation, sales forecasting, and adaptive reuse for clients across the US ranging from boutique to big box• Exclusive nationwide site selection consultant for Furniture Brands' 450 store portfolio (Thomasville, Drexel Heritage, Lane, Broyhill, Henredon)• Primary clients included Furniture Brands, Mapco, Crye-Leike, Green Street Properties, Broadbent Co., Nashville Chamber of Commerce, Williamson County Economic Development, Jamestown Properties, Panda Express, Zaxby’s, and FirstBank• Other clients included Gap, Banana Republic, Old Navy, Michaels, Circuit City, Petco, Staples, Vitamin Shoppe, Five Guys, Lifeway, Sports Authority, CarMax, Yankee Candle, and Burke's Outlet • Functioned as broker and consultant on land negotiation, due diligence, and acquisition aspects for BSM retail projects ranging in size from 1-20 acres
  • Cb Richard Ellis (Cbre)
    Information Mgt. Coordinator
    Cb Richard Ellis (Cbre) 2003 - 2004
    • Prepared in-depth GIS-based projects, site plans, tax assessments, ownership portfolios, site selection studies, feasibility reports, market segmentation profiles, and demographic packages for over 140 brokers• Collaborated with consulting group in planning market strategies for multiple clients ranging from pharmaceutical companies to Barnes & Noble
  • University Of Tennessee Cartographic Services
    Cartographer
    University Of Tennessee Cartographic Services 1999 - 2003
    • Compiled and worked on various single-page maps, atlases, and multi-faceted GIS mapping projects• Designed and created over 70 maps as cartographer and consultant on 1.5-year project, FL Horsetrails Handbook• Lead cartographic consultant on CSX fiber-optics easement litigation

William Albaugh Skills

Strategy Real Estate Market Analysis Forecasting Due Diligence Analysis Management Negotiation Marketing Strategy Location Intelligence Retail Commercial Real Estate Project Planning Mergers And Acquisitions Market Planning Real Estate Development Contract Negotiation Property

William Albaugh Education Details

  • University Of Tennessee, Knoxville
    University Of Tennessee, Knoxville
    Geography (Focus On Retail Development)
  • University Of Tennessee, Knoxville
    University Of Tennessee, Knoxville
    Geography
  • Haslam College Of Business At The University Of Tennessee
    Haslam College Of Business At The University Of Tennessee
    Marketing
  • Franklin County Hs
    Franklin County Hs

Frequently Asked Questions about William Albaugh

What company does William Albaugh work for?

William Albaugh works for Sleep Number Corporation

What is William Albaugh's role at the current company?

William Albaugh's current role is Senior Director - Real Estate, Construction, and Facilities.

What is William Albaugh's email address?

William Albaugh's email address is wi****@****ces.com

What schools did William Albaugh attend?

William Albaugh attended University Of Tennessee, Knoxville, University Of Tennessee, Knoxville, Haslam College Of Business At The University Of Tennessee, Franklin County Hs.

What are some of William Albaugh's interests?

William Albaugh has interest in Education, Environment, Poverty Alleviation, Human Rights, Animal Welfare.

What skills is William Albaugh known for?

William Albaugh has skills like Strategy, Real Estate, Market Analysis, Forecasting, Due Diligence, Analysis, Management, Negotiation, Marketing Strategy, Location Intelligence, Retail, Commercial Real Estate.

Who are William Albaugh's colleagues?

William Albaugh's colleagues are Terrence Howard, Mary Justus, Trista Pietrowski Stener, Trevor Michael, Jason Simmons, Megan Johnson, Eli Sorenson.

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