Director of Real Estate
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Job Description
Director of Real Estate negotiating sites, leases, relocations, and renewals for Ollie’s discount retail stores. Evaluating Midwest markets, budgets, demographics, competition, and profitability.
Responsibilities:
- Negotiate, coordinate, and execute real estate deals for new stores, relocations, and renewals
- Analyze real estate market trends and present findings to senior leadership
- Identify site locations meeting forecasted expenditures and profitability projections
- Evaluate demographics, competition, location, and business potential for site acquisition
- Prepare and present store acquisition information to executive leaders
- Negotiate rent, term, and capital contribution for potential stores
- Manage the selection process for new sites
- Assist Real Estate counsel with lease agreement negotiations
- Complete necessary due diligence for lease execution
- Maintain close relationships with Construction, Facilities, Operations, and Executive teams
- Ensure site selection meets company budget requirements
- Assist Construction Project Managers with permits, Landlord consents, and store buildouts
- Build relationships with real estate brokers, owners, landlords, and leasing agents
- Complete additional responsibilities and duties as assigned
Requirements:
- Bachelor’s degree in accounting, finance, business administration, or a real estate-related field is required
- 10+ years of prior retail real estate experience with a national or regional shopping center owner, retailer, or restaurant chain required
- Strong analytical, prioritizing, interpersonal, and negotiating skills
- Ability to use Microsoft Office, including Word, Excel, and PowerPoint
- Ability to use Adobe Acrobat
- Ability to use Kalibrate or similar software
- Experience with lease administration platforms such as MRI
- Ability to work independently while maintaining strong working relationships
- Ability to adapt well to changes in direction in a fast-paced work environment
- Ability to travel 50% of the role throughout the Midwest region
- Ability to sit at a desk and work on a computer for an extended period
- Ability to see, hear, and speak regularly
- Ability to grip, reach, and pinch with arms and hands frequently
- Ability to bend and twist occasionally
- Ability to work in a constant state of alertness and in a safe manner
Benefits:
- Medical, Dental, Vision, and RX coverage after 30 days of employment
- 401K with company match beginning at Associate enrollment
- Strong career growth & talent development culture
- 20% Associate discount on all Ollie’s purchases
- Vast array of voluntary benefits
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