Director of Real Estate

Director Of Real Estate

Join our team and live the Ollie-tude! Ollie's Core Values include being a team player, caring, value obsessed, committed, growing, and real.

Competitive Benefits include medical, dental, vision, and RX coverage after 30 days of employment, 401K with company match, strong career growth, a 20% associate discount, and a vast array of voluntary benefits.

**Role Covers the Midwest**

Position Overview:

The Director of Real Estate is responsible for negotiating, coordinating, and executing real estate deals for new stores, relocations, and renewals. This position requires experience and skills in site selection, negotiating letters of intent, and assisting Real Estate Legal counsel in negotiating leases. The responsibilities include the evaluation of demographics, financial measures, competition, business potential, and location for new store site locations (in the Midwest).

Primary Responsibilities:

• Travel 50% of the role throughout the Midwest region.
• Analyze and understand real estate market trends and present findings to senior leadership.
• Identify site locations that meet the forecasted expenditure anticipated to maintain profitability projections.
• Evaluate demographics, competition, location, and business potential for site acquisition.
• Prepare and present store acquisition information to executive leaders.
• Negotiate rent, term, and capital contribution for potential stores.
• Manage the selection process for new sites; including assisting Real Estate counsel in the negotiation of lease agreements and completing all necessary due diligence for lease execution.
• Maintain a close relationship with the Construction, Facilities, Operations, and Executive teams.
• Ensure site selection meets the necessary budget requirements set by the company.
• Assist Construction Project Managers as needed to obtain permits, Landlord consents, and complete store buildouts.
• Build relationships across the real estate industry, to include real estate brokers, owners, landlords, and leasing agents.
• Complete any additional responsibilities and/or duties as assigned.

Qualifications:

• Bachelor's degree in accounting, finance, business administration, or real estate related field is required.
• 10+ years of prior retail real estate experience with a national or regional shopping center owner, retailer, or restaurant chain required.
• Strong analytical, prioritizing, interpersonal, and negotiating skills.
• Ability to use Microsoft Office (including Word, Excel, and PowerPoint), Adobe Acrobat, Kalibrate (or similar), and lease administration platforms such as MRI.
• Ability to work independently while maintaining strong working relationships with others.
• Ability to adapt well to change in direction in a fast-paced work environment.

Physical Requirements:

• Ability to sit at a desk to work on a computer for an extended period of time.
• Ability to see, hear, and speak regularly.
• Ability to grip, reach, and pinch with arms and hands frequently.
• Ability to bend and twist occasionally.
• Ability to work in a constant state of alertness and safe manner.

Ollie's is an equal opportunity employer. In compliance with Federal and State Equal Opportunity Laws, qualified applicants are considered for all positions applied for without regard to race, color, religion, sex, sexual orientation and identity, national origin, age, veteran's status, disability, or any other legally protected status.

Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.