Principal Acquisitions-> Retailer Portfolio Management. Thoughts?

Curious to hear thoughts as I continue to think about my next move. I currently work at retail GP as a junior acquisition/asset management, but I’ve been considering applying to real estate portfolio roles at retailers like Lululemon (Opening is linked here for a flavor of these positions), Van Leeuwen, Warby Parker, and similar companies. The idea of working for a notable retail brand in a strategic role feels both intriguing and refreshingly different.

While transitioning into a leasing and strategic position wouldn’t perfectly align with my current acquisitions/asset management background, I believe my familiarity with retail product types and deal-making experience could make the leap feasible. That said, I do have reservations about how such a shift might affect my long-term career trajectory.

It feels like stepping away from the real estate finance/acquisitions space might cap career growth and limit opportunities to return to a principal role. On the flip side, the appeal of better work-life balance, a more supportive culture, and a role that seems inherently creative and strategic is attractive.

• Compensation is generally lower—so is it worth it?

• What are the career trajectories like in corporate retail real estate? I would imagine that individual growth prospects are closely tied to the brand's performance and growth trajectory.

• Does leaving the acquisitions/finance side for a corporate retail role limit future opportunities?

I’m not actively considering a move just yet but would love to hear firsthand insights or advice from anyone who’s made a similar transition or worked in corporate retail real estate.

Thanks in advance for your thoughts!

TL;DR: Contemplating a move from retail GP (junior acquisitions/asset management) to a retailer’s real estate portfolio team. Curious about comp, growth opportunities, and the risks of stepping away from the real estate finance/acquisitions track.