Manager - Real Estate

Candidates must be authorized to work in the United States without the need for current or future visa sponsorship. General Summary The Real Estate Manager (REM) is responsible for driving the company’s new store growth strategy within an assigned territory. The REM serves as the internal owner of the site selection, approval, negotiation, and store development process, working closely with third‑party brokerage and transaction management partners, landlords, developers, Operations, Construction, Finance, and Legal. The REM is accountable for developing a robust pipeline of qualified opportunities, advancing deals through the approval process, negotiating favorable business terms, and delivering approved projects through store opening. Principal Duties & Responsibilities Meet or exceed specific production goals established at the commencement of the Fiscal Year for Site Submittal Approvals, Lease Executions and Store Openings. Develop and maintain a rolling pipeline of qualified new store, relocation, and expansion opportunities. Identify opportunities through broker relationships, landlord outreach, portfolio opportunities, retailer dispositions, and strategic market planning. Assist RVP/Director in creating The Plan within the assigned territory; plan approval by DVP, Real Estate. Lead cross‑functional communication among Real Estate, Construction, Architecture, Operations, Finance, and Legal throughout the development lifecycle. Evaluate opportunities sourced from retailer disposition programs, dark store inventories, and landlord portfolio offerings. Facilitate timely issue resolution to maintain critical path schedules and store opening targets. Negotiate every aspect of each deal effectively and thoroughly, focusing on high probability successes. Ensure sales and profitability projections for all new stores are achieved. Analyze and formulate plans to identify problem areas and opportunities within the territory, including key markets with high sales or profit potential and construction budget analysis. Create and present comprehensive analyses, including Site Submittal Packages and Market Studies, for review with Management. Manage third‑party transaction managers and brokers (JLL) assigned to the territory; direct externalized transaction platform, assign priorities, deal targets, turnaround expectations, and hold them accountable to pipeline targets and FD underwriting standards. Ensure JLL output conforms to FD site‑selection criteria, LOI templates, underwriting return criteria, and that deals delivered to the Real Estate Committee meet the company’s economic guardrails. Perform other duties as assigned. Position Requirements Office work environment, 40+ work hours per week, travel when necessary. Minimum Requirements Education: Minimum of College Degree with a BA or BS in a related field such as real estate, business, or finance. Experience: Minimum of five years professional retail real estate experience, either with a retail company or as a real‑estate broker handling retail clients; experienced in lease negotiation. Job Related Skills Strong background in demographic analysis, site selection, construction budgeting and deal negotiation. Goal‑oriented strategic thinker with strong analytical skills. Effective decision maker with strong leadership qualities. High integrity, team‑oriented individual. Computer Skills Proficiency in Outlook, Excel, and PowerPoint. Knowledge of the Accruent system is helpful. Family Dollar is an equal opportunity employer and committed to recruiting, hiring, training, and promoting qualified people of all backgrounds, and makes all employment decisions without regard to any protected status. We are committed to complying with the Americans with Disabilities Act (ADA) and providing reasonable accommodations to qualified individuals with disabilities. #J-18808-Ljbffr Family Dollar Management LLC