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Director - Real Estate
•30 days ago
| Hours | Full-time, Part-time |
|---|---|
| Location | Dublin, California |
About this job
GENERAL PURPOSE:
Direct the analysis, selection, negotiation, administration and coordination of Ross' new store Real Estate program, and/or the relocation, replacement, expansion and surplus store programs as assigned by the Regional Vice President of Real Estate, Vice President of Real Estate, and Sr. Vice President of Property Development. Act as the primary Ross representative in dealings with landlords.
ESSENTIAL FUNCTIONS:
* Negotiate the business points for sites approved by the company as well as lease renewals, store expansions, modifications and surplus store space available for sublease. Train Real Estate Manager and Staff in their negotiation skills.
* Travel to required market areas to visually inspect and evaluate proposed sites, existing stores and competitors within the trade area.
* Find, evaluate and investigate multi market store site locations (availability, property value, access, zoning, development obstacles, timing, etc.)
* Direct the coordination of all legal documents needed to lease or sublease the properties within the assigned geographic territory.
* Direct staff, outside Brokers, District Managers and Real Estate Vice President to analyze and define existing and targeted trade areas.
* Direct Real Estate analyst in securing information required for new store site submittal packets and proofing thereof for the Real Estate Committee.
* Direct staff in research and evaluation of pertinent data related to trade areas and specific sites (i.e., population, incomes, white-collar percentages, visibility, competition, co-tenancy, population growth trends and sales potential).
* Prepare presentations to Real Estate Regional Vice President and Vice President with recommendations: signed deal letters, potential store site, renewal options, store expansions, landlord disputes and other matters affecting existing or proposed locations.
* Direct all negotiations with brokers, developers, attorneys, property owners and landlords. Negotiate the best overall deal, including the most favorable position/presence within the center for each site consistent with the company's goals and standards.
* Keep the Store Planning and Construction Department informed to ensure the smooth flow of communication and plans between Landlord and Ross for each project.
* Supervise and develop staff.
* SUMMARY OF OTHER JOB DUTIES:
* Participate in International Council of Shopping Centers and other Real Estate seminars or forums that are geared towards Commercial Retail Real Estate.
* Assist the Regional Vice President and Vice President of Real Estate on a continual basis, and when requested, act in the Vice President's behalf during their absence.
* Participate/assist in preparation and review of 5 year development plan for geographical area of responsibility on an annual basis and be able to present territory to executive staff.
COMPETENCIES:
* Quality of Work
* Use of Influence
* Communication
* Integrity
* Planning and Organizing
* Adaptability
QUALIFICATIONS AND SPECIAL SKILLS REQUIRED:
* Ten years experience in Real Estate related functions with at least six years in Retail Real Estate.
* Must have excellent organizational, analytical, written and communicative skills.
* Must have excellent supervisory skills to ensure work gets done effectively and timely.
* College degree preferred.
SUPERVISORY RESPONSIBILITIES:
Indicate positions (list of job titles) directly supervised by this position.
Management of effectiveness and coordination of outside resources:
Real Estate Manager
Broker Representatives
Attorneys
Sign Consultants
Direct the analysis, selection, negotiation, administration and coordination of Ross' new store Real Estate program, and/or the relocation, replacement, expansion and surplus store programs as assigned by the Regional Vice President of Real Estate, Vice President of Real Estate, and Sr. Vice President of Property Development. Act as the primary Ross representative in dealings with landlords.
ESSENTIAL FUNCTIONS:
* Negotiate the business points for sites approved by the company as well as lease renewals, store expansions, modifications and surplus store space available for sublease. Train Real Estate Manager and Staff in their negotiation skills.
* Travel to required market areas to visually inspect and evaluate proposed sites, existing stores and competitors within the trade area.
* Find, evaluate and investigate multi market store site locations (availability, property value, access, zoning, development obstacles, timing, etc.)
* Direct the coordination of all legal documents needed to lease or sublease the properties within the assigned geographic territory.
* Direct staff, outside Brokers, District Managers and Real Estate Vice President to analyze and define existing and targeted trade areas.
* Direct Real Estate analyst in securing information required for new store site submittal packets and proofing thereof for the Real Estate Committee.
* Direct staff in research and evaluation of pertinent data related to trade areas and specific sites (i.e., population, incomes, white-collar percentages, visibility, competition, co-tenancy, population growth trends and sales potential).
* Prepare presentations to Real Estate Regional Vice President and Vice President with recommendations: signed deal letters, potential store site, renewal options, store expansions, landlord disputes and other matters affecting existing or proposed locations.
* Direct all negotiations with brokers, developers, attorneys, property owners and landlords. Negotiate the best overall deal, including the most favorable position/presence within the center for each site consistent with the company's goals and standards.
* Keep the Store Planning and Construction Department informed to ensure the smooth flow of communication and plans between Landlord and Ross for each project.
* Supervise and develop staff.
* SUMMARY OF OTHER JOB DUTIES:
* Participate in International Council of Shopping Centers and other Real Estate seminars or forums that are geared towards Commercial Retail Real Estate.
* Assist the Regional Vice President and Vice President of Real Estate on a continual basis, and when requested, act in the Vice President's behalf during their absence.
* Participate/assist in preparation and review of 5 year development plan for geographical area of responsibility on an annual basis and be able to present territory to executive staff.
COMPETENCIES:
* Quality of Work
* Use of Influence
* Communication
* Integrity
* Planning and Organizing
* Adaptability
QUALIFICATIONS AND SPECIAL SKILLS REQUIRED:
* Ten years experience in Real Estate related functions with at least six years in Retail Real Estate.
* Must have excellent organizational, analytical, written and communicative skills.
* Must have excellent supervisory skills to ensure work gets done effectively and timely.
* College degree preferred.
SUPERVISORY RESPONSIBILITIES:
Indicate positions (list of job titles) directly supervised by this position.
Management of effectiveness and coordination of outside resources:
Real Estate Manager
Broker Representatives
Attorneys
Sign Consultants
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