Sr. Director, Acquisitions

NNN REIT, INC•Orlando, FL

1d•Onsite

About The Position

The Sr. Director / VP, Acquisitions is responsible for originating, sourcing, evaluating, negotiating, and executing single-tenant, net leased retail acquisitions for NNN’s portfolio, including sale-leasebacks, build-to-suit projects, and other strategic real estate investment opportunities. The role leads transactions from relationship development and sourcing through underwriting, negotiation, due diligence, Investment Committee approval, and closing. The position develops long-term relationships with corporate executives, sellers, advisors and brokers, bankers, developers, operators, financial sponsors, and other industry professionals to generate proprietary and relationship-driven investment opportunities. It seeks to understand counterparties’ capital requirements, operating objectives, growth strategies, and real estate needs, positioning NNN as a strategic real estate capital partner while applying commercial real estate and net lease expertise to evaluate risk and structure transactions consistent with NNN’s investment and portfolio objectives. The role involves extensive travel and proactive business development. It has no supervisory responsibilities.

Requirements

Bachelor’s degree from an accredited college or university, or an equivalent combination of education and experience.
Five or more years of related functional and managerial/leadership experience, or an equivalent combination of education and experience.
Experience with transaction management and execution.
Financial analysis experience and knowledge.
Credit underwriting experience.
Strong negotiation skills.
Knowledge of the retail real estate market.
Proficiency in Microsoft Excel, Word, and PowerPoint.
Ability to manage multiple transactions and priorities with sound judgment and attention to detail.
Extensive travel and proactive business development activities are required.

Responsibilities

Partner with the Chief Investment Officer, Senior Management, and other Acquisition Officers to develop and execute strategies that achieve the Company’s annual acquisition and investment objectives.
Identify, target, evaluate, pursue, and originate attractive risk-adjusted net lease investment opportunities, including sale-leasebacks and other strategic real estate transactions aligned with NNN’s investment strategy and portfolio objectives.
Lead transactions from initial sourcing and underwriting through negotiation, due diligence, Investment Committee approval, and closing.
Analyze real estate, financial, market, tenant, and transaction risks and opportunities; prepare and negotiate offers, LOIs, lease terms, contracts, and other transaction documents in coordination with Legal.
Collaborate with Underwriting, Legal, Accounting, and other internal teams to facilitate negotiations, due diligence, documentation, and transaction closings.
Prepare transaction analyses, supporting materials, and presentations for NNN’s Real Estate Investment Committee and Senior Management.
Maintain knowledge of NNN’s lines of trade and the net lease marketplace, including tenant credit trends, industry performance, market trends, competitive activity, pricing, deal and lease structures, and emerging investment opportunities.
Maintain an active pipeline and business development network, tracking prospects, relationship activity, potential transactions, and projected acquisition opportunities.
Develop and maintain relationships with property owners, corporate executives, sellers, brokers, developers, attorneys, investment bankers, financial sponsors, and other industry professionals to expand NNN’s acquisition pipeline, market presence, and access to proprietary opportunities.
Monitor and communicate relevant market developments, competitive activity, and potential acquisition opportunities to the Chief Investment Officer and Senior Management.
Identify new markets, lines of trade, industry relationships, and opportunities that can enhance NNN’s growth and acquisition capabilities.
Manage multiple transactions and priorities while exercising sound judgment, negotiation skills, and attention to detail.
Represent NNN professionally with external partners and constituents, including serving as a market ambassador at industry conferences, trade associations, and corporate meetings.
Assist with special projects and other strategic initiatives as assigned.
Conduct proactive business development activities, including direct executive outreach, cold calling, industry conferences, relationship management, email outreach, and networking.