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Carrot Peelers, Sales, Personality and Your Job Search
In-House
Attorney
Real Estate
7-10 yrs required
Director, Real Estate The candidate will be charged with executing the Real Estate strategy of company's across a specific region of the country. Will take a leadership role in establishing and executing a “real estate-centric†strategic plan for company's portfolio of assets. The goal of all efforts will be to maximize and monetize the value of company’s real estate portfolio while preserving the flexibility for the operating retail business through development/redevelopment initiatives and large scale joint ventures. There will be a broad range of deals to work on including, new stores, lease renewals/renegotiations, disposition of closed stores, shopping center redevelopments, outparcel leasing, and a variety of real estate responsibilities on non-store assets. Will need to have the interpersonal and communication skills to lead projects through our internal partners in construction, research, legal and finance. Will manage external relationships with the development community and be responsible for negotiating deal terms and maintaining proper documentation in collaboration with our legal partners. Essential Functions: Responsibility for management and development of company’s Real Estate Assets, including negotiations for new store transactions, dispositions, proposed redevelopments and store leases. Work with Senior Vice President and Vice President to determine value of individual assets and analyze the potential for development and redevelopment, conceptualizing the highest and best use for the assets and assessing the physical feasibility of such re-use as well as the cost of redevelopment versus asset sale. Demonstrate capacity to evaluate real estate investments on a financial proforma basis. Oversee relationships with multiple partners. Establish working groups on select projects, move projects forward and quickly address challenges. Develop and maintain relationships with key real estate owners, developers, brokers, bankers and consultants. Assist in the negotiation and administration of a wide range of real estate legal documentation including Operating Agreements, Purchase and Sale Agreements and Leases. Develop and implement Asset Utilization strategies. Coordinate property management activities with company’s Stores Organization. Regular, dependable attendance and punctuality.
Qualification and Experience
The candidate should have Bachelor's degree in Business Administration. MBA or JD degree preferred. should have 7 - 10 years of retail real estate experience. Excellent written and verbal communication skills. Ability to read, write, and interpret instructional documents such as reports and procedure manuals. Basic math functions such as addition, subtraction, multiplication, and division. Strong knowledge of and work experience with department store or "big box" retailing in shopping malls or lifestyle centers. Strong knowledge of negotiation strategy and standard forms of anchor transactions.
Job Number: MAC07492
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