Director, Real Estate Jobs

Leading the Way

• Identifies and communicates key responsibilities and practices to ensure the organization promotes confidence in leadership, and teamwork to achieve business results.

• Supports the implementation of company programs, procedures, methods and practices to promote REI key messages.

• Challenges and inspires employees to achieve business results.

• Ensures employees adhere to legal and operational compliance requirements.

• Oversees training and development of employees directly and indirectly managed and makes effective staffing choices.

• Conducts and ensures the completion of performance reviews.

• Provides coaching, direction and leadership support to employees in order to achieve department, company and customer results.

• Establishes and maintains visibility within the department.

• Monitors operational statistics, reports trends, variances and issues, and takes appropriate action.

Your Planning & Navigating Requirements

• Develop and execute comprehensive real estate strategy including new store growth, remodels, relocations, based on REI’s vision and strategic plan.

• Establish appropriate analytical competencies, tools, processes and systems to enable effective market planning, sales forecasting, competitive benchmarking and strategic development.

• Define and implement a data driven, market prioritization and store site selection criteria using key financial, operational and real estate inputs; develop profitable, replicable and reliable decision-making model.

• Monitor developments and act as primary resource for market trends, current events, industry activity and competitor location information.

• Articulate clear and compelling vision and effectively lead your own as well as cross-functional teams in developing strategies and implementing all real estate and development related initiatives.

• Ensure close alignment with short and long term business strategies.

• Spearhead new store strategy and lead Real Estate Committee(REC) meetings with key stakeholders.

• Build strong and collaborative relationships within the retail tenant, developer and landlord communities.

• Participate as appropriate in industry councils and groups.

• Lead development and implementation of new store and remodel strategies to optimize the company’s portfolio and position the co-op for long-term growth and sustainability.

• Enhance profitability of real estate portfolio through optimization initiatives focused on increased productivity, remodels, rationalization, relocations and portfolio negotiations designed to lower overall occupancy costs.

• Develop and manage robust real estate budgets.

• Develop financial reporting and maintain financial discipline for all real estate expenditures.

• Conduct ongoing asset profitability analysis to ensure maximum ROI of new and existing real estate portfolio.

• Ensure internal alignment and strict maintenance of timelines with eye toward achieving target return on investment.

• Refine and develop new processes as appropriate to enhance lease administration and portfolio management functions; streamline evaluation and decision-making process and guidelines for all lease renewals, extensions, and other lease actions.

• Develop clear short and long term perspective on all real estate assets.

• Attract, develop and retain exceptional, diverse talent, Ensure department and individual priorities are clearly articulated and that development plans are in place for all team members.