Kohl’s real estate head joins CBRE’s retail group

Schnuckel played a key role in Kohl’s partnership with Sephora.

The head of real estate at Kohl’s has departed the company.

Scott Schnuckel, who joined Kohl’s as a financial planning analyst in 2006 and rose to head the chain’s real estate operation, has been named managing director at global retail services CBRE company. He will support Laura Barr, CBRE’s director of Americas Retail, in executing her growth plan for the unit.

As VP of property development and head of real estate at Kohl’s, Schnuckel led all functions of its real estate operation, focusing on new locations, relocations, redevelopment, lease restructuring and capital markets. During his tenure, he directed dozens of Kohl’s store openings across multiple formats and achieved more than $300 million in disposition proceeds and over $200 million in value creation through lease restructuring, CBRE stated in a release.

“Scott’s strategic mind, industry respect, and insightful understanding of the future of our industry are invaluable assets to CBRE Retail,” Barr commented. “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.”