Real Estate Development Retail Manager

BANNEKER VENTURES LLC • Silver Spring, MD

22h

About The Position

The Real Estate Development Retail Manager plays a pivotal role in driving the strategic growth and expansion of retail operations across the United States. This position is responsible for identifying new retail opportunities, managing site selection, and overseeing the development process from concept through to store opening. The role requires close collaboration with cross-functional teams including marketing, operations, real estate, and finance to ensure alignment with company goals and brand standards. The Retail Development Manager will also analyze market trends and customer insights to optimize retail footprint and enhance overall customer experience. Ultimately, this role aims to increase market share and profitability by delivering successful retail development projects on time and within budget.

Requirements

• Minimum of 5 years of experience in retail development, real estate, or a related industry.
• Proven track record of successfully managing retail site selection and store openings.
• Strong negotiation skills and experience managing lease agreements and vendor contracts.
• Excellent project management skills with the ability to manage multiple projects simultaneously.
• Experience working within a national retail chain or franchise environment.
• Familiarity with construction management and retail store design principles.
• Knowledge of local zoning laws, permitting processes, and regulatory compliance.
• Proficiency with project management software and geographic information systems (GIS).

Nice To Haves

• Utilizes analytical skills daily to assess market data and identify optimal retail locations that align with strategic growth objectives.
• Strong communication and negotiation skills are essential for securing favorable lease terms and building partnerships with landlords and vendors.
• Project management expertise is applied to coordinate cross-functional teams, ensuring that store development projects meet deadlines and budget constraints.
• Leadership and interpersonal skills facilitate collaboration with internal stakeholders and external partners to drive successful store openings.
• Adaptability and problem-solving skills are critical to navigating challenges related to site acquisition, construction, and regulatory compliance.

Responsibilities

• Identify and evaluate potential retail locations through market research and site visits to support expansion strategies.
• Lead negotiations and secure leases or purchase agreements for new retail sites in collaboration with legal and real estate teams.
• Coordinate with internal departments and external vendors to manage store design, construction, and merchandising setup.
• Develop and maintain project timelines, budgets, and status reports to ensure timely and cost-effective store openings.
• Monitor competitive landscape and consumer trends to recommend adjustments in retail development plans.
• Build and maintain strong relationships with landlords, local authorities, and community stakeholders to facilitate smooth project execution.
• Provide leadership and guidance to junior team members and collaborate with development managers to support operational readiness.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed