Director of Leasing & Portfolio
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Summary of Position (Job Purpose) - Major purpose and functions of the position.
For a complete understanding of this opportunity, and what will be required to be a successful applicant, read on.
The Director of Leasing is responsible for managing the growth and relocation strategy for a specified regions real estate portfolio. Responsibilities include lease negotiations, dispositions, and the contractual side of lease renewal transactions to ensure maximum cost savings to the Company while satisfying the functional real estate requirements of the business units.
Principal Duties and Responsibilities - Primary responsibilities listed in order of importance
Train and manage a team of Real Estate Managers to strategically locate stores, site selection criteria and related processes.
Ensure real estate transactions meet the financial and operating objectives of the Company.
Oversee the site-specific real estate process
Responsible for all document flow related to real estate development projects
Responsible for site selection of new stores
Approve negotiated deals
Negotiate relocations and expansions of existing stores for Real Estate Committee approval
Negotiate lease renewal modifications for existing stores where applicable
Manage the monitoring of lease notification dates through use of real estate database.
Oversee the accuracy of data, by all system users, within the real estate database.
Manage the renewal process in seeking continuous improvement through revised processes and procedures.
Analyze leases for cost saving opportunities.
Work with Leasing team to leverage new deals and relo/expansions with key dates
Meet with landlords to review portfolio and address lease/rent issues
Build relationships with landlords and other retailers to determine Best Practices
Help REM’s prioritize and focus their time w/respect to key dates.
Work with Property Mgmt. to address issues at renewal time (bad HVAC, roof leaks, etc)
Renegotiate rent and track savings related to rent reductions.
Minimum Requirements/Qualifications - Summary of knowledge, experience and education required.
BA or BS degree required
Extensive travel
Must be able to immediately handle a significant workload and effectively prioritize projects
Proven communication skills both written and verbal
Good time management skills and excellent attention to detail
A proven track record of successfully managing multiple real estate projects in a fast paced work environment.
Ability to maintain confidential information
Minimum 8-10 years experience in retail real estate with experience in both portfolio and new site acquisitions
Customer service oriented
Able to work independently and highly organized
Extensive computer experience to include MS Office Suite
Solid Landlord and Retailer relationships
Knowledge of real estate markets, industry analysis and best practices.
Desired Qualifications - Desired But Not Required.
Prior Management Experience
Family Dollar Stores, Inc. is an Equal Opportunity Employer.Seniority level Seniority levelDirector
Employment type Employment typeFull-time
Job function Job functionSales and Management
IndustriesRetail
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- Location:
- Chesapeake, VA
- Salary:
- $125
- Category:
- Management And Consultancy