Andrew Kolen Email Address

Leasing Manager

Ross Stores, Inc. is an American chain of stores and off-price retailer for Clothing, footwear, bedding, furniture, jewelry, beauty products, toys, and housewares.

An innovative and collaborative real estate executive skilled at increasing shareholder value, developing real estate strategies, executing on creative portfolio cost-reduction opportunities, maximizing transaction performance, workplace innovations and leading high performing CRE organizations to improve Corporate RE services’ quality. Specialties: Increasing Shareholder Value Organization Design & Development Strategic and Financial Planning Portfolio Optimization Transaction Negotiations Facilities Management Client Relationship Management Asset Management RE Development Workplace Design & Strategy RE Services Procurement Program and Project Management Mergers & Acquisition Global Market Experience Government Incentives & Tax Appeals A native of the Philadelphia, he holds a B.S.B.A. from Villanova University in Business Administration and an M.B.A. from Drexel University in Business Administration. Previously co-managed Ross Stores, Inc.'s Corporate Properties national portfolio of 12M square feet, including office, industrial, distribution, logistic, warehouse, retail and data center real estate assets. His real estate career began with two Philadelphia RE estate developers, and then founded his own firm, K&L Development Co., negotiating investments, and then managed the REO Dept. at Dime Savings Bank, selling non-performing assets. He then became Sr. Director of CRE at ADP, Inc., managing the firm’s global CRE Strategy/Transactions group, and led many initiatives including data center consolidations and labor migration efforts, saving $100M in annual occupancy costs. At Prudential, he managed the global CRE Strategy, Planning and Transactions functions. He produced portfolio savings of $115M and developed the RE strategy to build a 20-story 750K SF office tower in Newark, NJ. Then co-managed Corporate RE and Facilities functions for Ross Stores. He served on the NJ Board of CORENET Global and possesses their MCR designation. He previously served on the Board of the Newark Downtown District.