Background

Who we are

Professionals with 35+ years of development experience

Professional history

Growth Management


Recruited to BBB in 1999 to support the company's exponential growth from 200 stores to 50+ new stores annually.


Leadership


Led a team of 24 employees and third-party consultants.  Managed site evaluations, lease documents, design documents, CD's, and approvals of 1,114 stores since 2000.  Realized employee retention of 10+ years, significantly exceeding industry benchmark standards.


Implemented Best Practices


Developed standard operating procedures, and financial controls to create success and mitigate project risks. Efficiently optimized practices for in-site evaluations, estimated projects for use in financial proformas, contributed to the leasing process with regard to design and construction articles and developed lease exhibits. Introduced progressive, effective practices that reduced project timelines from site selection through store opening.


Collaboration


Managed collaboration with Real Estate, Legal, Store Planning, and Construction Teams, aligning the strategy and objectives to achieve new store goals.

Tom Ostenfeld, CEO

Integrated Technology


Sourced and procured a database application "Sitefolio", in collaboration with IT teams which enabled consolidation of efforts and seamless project execution. Results included increased efficiency, automation, and productivity while reducing project costs by centralizing data, prioritizing tasks, and streamlining workflows.


Managed 3rd Party Teams


Adapted strategy to meet the needs and financial goals of the organization by reducing in-house staff and transferring roles to external resources, realizing a lean, sustainable strategy for future growth.  Training and education were essential to ensure compliance with company protocols and policies and adherence to standard practices which ensured efficiency while utilizing external resources and elevated ROI.


Merger and Acquisitions


Contributed to opening 65 new stores post-acquisition of Christmas Tree Shops in 2000, 125+ Buy Buy Baby new stores since 2007, and 80 new stores for Cost Plus World Market since acquisition in 2007.


Distribution and Fulfillment Centers


Deployed strategies to design, build, and open new distribution and fulfillment centers across the US. Partnered with legal and real estate teams to conduct lease agreements, design-build contracts, and facilitate partnerships with construction teams, realizing 3-1MM+ sq. ft. locations over a 2-year period.


Corporate Office Properties


Oversaw and managed the design, office services, and facilities maintenance teams for 5 contiguous corporate office properties totaling 535k sq. ft.


Professional history

Tom Ostenfeld, CEO

Growth Management


Recruited to BBB in 1999 to support the company's exponential growth from 200 stores to 50+ new stores annually.


Leadership


Led a team of 24 employees and third-party consultants.  Managed site evaluations, lease documents, design documents, CD's, and approvals of 1,114 stores since 2000.  Realized employee retention of 10+ years, significantly exceeding industry benchmark standards.


Implemented Best Practices


Developed standard operating procedures, and financial controls to create success and mitigate project risks. Efficiently optimized practices for in-site evaluations, estimated projects for use in financial proformas, contributed to the leasing process with regard to design and construction articles and developed lease exhibits. Introduced progressive, effective practices that reduced project timelines from site selection through store opening.


Collaboration


Managed collaboration with Real Estate, Legal, Store Planning, and Construction Teams, aligning the strategy and objectives to achieve new store goals.

Integrated Technology


Sourced and procured a database application "Sitefolio", in collaboration with IT teams which enabled consolidation of efforts and seamless project execution. Results included increased efficiency, automation, and productivity while reducing project costs by centralizing data, prioritizing tasks, and streamlining workflows.


Managed 3rd Party Teams


Adapted strategy to meet the needs and financial goals of the organization by reducing in-house staff and transferring roles to external resources, realizing a lean, sustainable strategy for future growth.  Training and education were essential to ensure compliance with company protocols and policies and adherence to standard practices which ensured efficiency while utilizing external resources and elevated ROI.


Merger and Acquisitions


Contributed to opening 65 new stores post-acquisition of Christmas Tree Shops in 2000, 125+ Buy Buy Baby new stores since 2007, and 80 new stores for Cost Plus World Market since acquisition in 2007.


Distribution and Fulfillment Centers


Deployed strategies to design, build, and open new distribution and fulfillment centers across the US. Partnered with legal and real estate teams to conduct lease agreements, design-build contracts, and facilitate partnerships with construction teams, realizing 3-1MM+ sq. ft. locations over a 2-year period.


Corporate Office Properties


Oversaw and managed the design, office services, and facilities maintenance teams for 5 contiguous corporate office properties totaling 535k sq. ft.


Career History

Early Career

1999 to 2022 • BED, BATH, & BEYOND


Vice President, Architecture  2016 to 2022


Director of Architecture  1999 to 2016


Toys R Us • Construction Project Manager; Architectural Manager (1995-1999)


Education, Professional Development & Certifications

Bachelor of Architecture • Temple University, 1987


RE Fundamentals and Practice Training • Temple University, 1988

Registered Architect – Commonwealth of PA – License # RA012586X, 1991, inactive


Career History


1999 to 2022 • BED, BATH, & BEYOND


Vice President, Architecture  2016 to 2022


Director of Architecture  1999 to 2016


Early Career


Toys R Us • Construction Project Manager; Architectural Manager (1995-1999)


Education, Professional Development & Certifications

Bachelor of Architecture • Temple University, 1987


RE Fundamentals and Practice Training • Temple University, 1988

Registered Architect – Commonwealth of PA – License # RA012586X, 1991, inactive


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