Dallas, TX CBRE has appointed Scott Schnuckel as managing director of Americas retail. In this role, Schnuckel will support Americas retail leader Laura Barr in executing the growth strategy for CBRE’s retail practice.
Schnuckel brings extensive experience and a proven track record in retail real estate. As managing director, he will prioritize the growth of our retailer business, expanding work with existing clients and supporting net-new growth. He will also work with other sectors across the business to ensure a seamless client experience, while refining CBRE Retail services and solutions.
"Scott’s strategic mind, industry respect and insightful understanding of the future of our industry are invaluable assets to CBRE Retail,” said Barr. “His addition will enhance our team’s impact both internally and externally, and we are confident his leadership will help elevate our platform to ‘a new best,’ producing exceptional outcomes."
Prior to joining CBRE, Schnuckel served as head of real estate at Kohl’s, where he led all functions of the real estate cycle, including new locations, relocations, redevelopment, lease restructuring and capital markets. His leadership resulted in significant growth and value creation, including dozens of store openings across multiple formats, over $300 million in disposition proceeds, and over $200 million in value creation through lease restructuring. Schnuckel was also deeply involved in the Sephora partnership with his executive-level peers. His team supported Sephora-related projects at Kohl’s, including store selection methodology, sales forecasting and new store planning.
"I'm thrilled to join the CBRE team and be part of the incredible innovation happening here. This role feels custom-built for my experiences and passion for building exceptional programming that drives results. I can't wait to dig in with this industry-leading team to grow the business and exceed client expectations,” said Schnuckel.
Schnuckel holds an MBA in Financial Strategy and a BBA in Finance & Accounting from the University of Wisconsin-Milwaukee. He is also a Trustee Board Member and 4 Under 40 Award Recipient from ICSC, and an Adjunct Instructor of Real Estate at Marquette University.