Director, Real Estate - Remote

The Director, Real Estate role consists of a proactive and highly ethical real estate professional to serve as our in-house "broker" to supplement our external brokerage team to identify store sites in a specified geographic region. The Director of Real Estate must have no less than 10 years of experience (in-house or at a commercial brokerage firm) representing national retailers in securing store sites for lease or purchase.

They will (i) fully understand and keep abreast of the ongoing priorities, needs, economic characteristics and other selection criteria of the company as they relate to store site locations, (ii) perform site location research (on the basis of our internal market analysis and selection criteria) to identify prime retail real estate properties for new store locations, (iii) clearly communicate that research, including site characteristics and the economic basis, for selecting proposed sites to the larger real estate team, (iv) negotiate letters of intent for leases for new stores and relocations, (v) conduct executive team site tours and prepare site evaluation packages, (vi) assist in the development and implementation of a long range strategic real estate plan for specific market areas to maximize market share and profitability, (vii) source sites on the basis of the best interest the company with full transparency regarding conflicts of interest and (viii) provide oversight of project build-out to assure that all site specific deal points are addressed.

Essential Duties and Responsibilities:

• Provide updated status information through various databases
• Participate in the formulation of a long-range real estate strategy plan for assigned trade areas
• Ability to strongly negotiate current portfolio as well as new leases
• Manage a group of preferred developers to ensure all HFT objectives are achieved
• Research, identify and evaluate all potential real estate opportunities available for development, leasing, and/or acquisition by applying basic and specific real estate guidelines
• Act as liaison with Construction Department to ensure compliance of store opening schedule and lease terms
• Lead the negotiation, coordination and execution of lease documents
• Manage other real estate related issues as needed (i.e., negotiating non-economic or economic concessions, expansions, resolving lease issues).
• Prepare and submit site evaluation packages for the Real Estate Executive Committee, which includes conducting site tours with the Executive Team
• Ensure the real estate transactions meet the financial and operating objectives of the Company
• A passion to drive for results and continual improvement
• Execute against established real estate strategy, including market analysis and strategic placement of existing portfolio and new stores
• Monitor and manage brokerage network to develop and maintain market awareness and expertise to ensure optimum site acquisitions

Requirements :

Education and/or Experience:

• Ability to clearly articulate strengths/weaknesses of an opportunity while remaining objective
• 10 years' experience in retail development
• Excellent verbal and written communication skills
• Licensed real estate brokers / agents desired
• Microsoft Office products
• Strong negotiation skills
• Excellent analytical skills
• Bachelor's degree required, Master's degree strongly preferred
• Demographic and strategic location software knowledge

Supervisory Responsibility:

No direct reports however will manage an outsourced network of Brokers and partner closely with various internal and external team including construction teams

The anticipated salary range for this position is $139,100 – $151,619 depending on location, knowledge, skills, education and experience. This position is also eligible for an annual discretionary bonus. In addition, we offer comprehensive and competitive benefits to Associates (and their families) such as medical, dental, vision, life insurance, short-term and long-term disability. Eligible Associates are able to enroll in our company’s 401k plan. Associates will accrue paid time off up to 236 hours per year (inclusive of PTO, floating holidays, and paid holidays). Paid sick time up to 80 hours per year unless otherwise required by law.