Director, Real Estate

maurices • Duluth, MN

1d • $120,000 - $150,000 • Hybrid

About The Position

The Director of Real Estate is responsible for overseeing assigned territory to ensure physical store growth and existing portfolio management through renewals and relocations. This role partners internally with Legal, Store Planning and Market Research to ensure cost savings, efficiencies and demographic requirements are met with attention to detail and speed of execution. This position requires extensive travel for site selection, Field Supervisory interactions, and to attend shopping center conventions.

Requirements

• Degree in Business or Finance is preferred
• 7 to 10 years of recent experience in site selection and deal negotiation. Retail real estate experience a plus.
• Requires in depth knowledge of commercial and retail real estate leases.
• Detail oriented with strong organization and communication skills.
• Highly skilled in negotiation tactics.
• Strong analytical, communication, networking and relationship building skills
• Ability to make decisions and recommendations on a daily basis

Nice To Haves

• Retail real estate experience a plus.

Responsibilities

• Ensures profitable management of existing Real Estate portfolio by effectively negotiating existing store renewals that comply with agreed upon profitability requirements.
• Ensures new store growth through site selection, market research, deal negotiations, and follow-up.
• Makes strong recommendations for new store locations, develops a relationship with the Field Supervisory Team to streamline site approval, and negotiates a deal with favorable economics, adequate protections, and necessary branding elements.
• Develop long term strategic plan for growth and relocations within assigned territory.
• Ensures mutual agreement with the field on all potential locations.
• Streamlines efforts with Store Planning to create cost savings and efficiencies.

Benefits

• Choice of three medical plans, including a PPO plan or High-Deductible plans.
• High-Deductible plans offer the option of a Health Savings Account, with employer contribution.
• Additional benefits include Dental, and Vision coverage, Flexible Spending Accounts (Healthcare and Dependent Care), Accident, Critical Illness, and Hospital Indemnity coverage, Voluntary Life, Spouse, and Child Life Insurance, and Long-Term Disability coverage.
• maurices provides, at no cost to our associates, Basic Life Insurance and Short-Term Disability coverage, access to our Wellbeing platform with Personify Health, and an Employee Assistance Program available for associates and their families.
• After 6 months of employment, you may be eligible for our 401(k), which offers an immediately vested Safe Harbor matching contribution.
• maurices supports continued education with our Tuition Assistance program, available after 1 year of employment.
• Associates also have access to PTO benefits, including vacation (with accrual or flexible options based on role), annual sick time awards, holiday pay, and two weeks of New Parent Leave for birth, adoption, or foster placement.
• We offer continuous opportunities for learning, connection building through Associate Resource Groups and for our Duluth based associates, free access to a state-of-the-art onsite Fitness Facility.

What This Job Offers

• Job Type: Full-time
• Career Level: Director