REAL ESTATE MANAGER
Description
Company Overview:
Dollar General Corporation has been delivering value to shoppers for more than 80 years. Dollar General helps shoppers Save time. Save money. Every day.® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at everyday low prices in convenient neighborhood locations. Dollar General operates more than 18,000 stores in 47 states, and we’re still growing. Learn more about Dollar General at www.dollargeneral.com.
Job Details:
General Summary:
Frontline management and oversight of all real estate functions related to new and relocation store growth within a designated territory; Execution of store opening objectives in tandem with overall strategic goals of the Company; Cross-functional collaboration to include Finance, Construction, Loss Prevention and Operations.
Duties & Responsibilities:
- Preparation of detailed LOI’s, SOW’s, comprehensive site approval packages and other financial based reports and analysis including site submittal packages for presentation at bi-weekly Real Estate Committee (REC) meeting.
- Collaborates with Market Planning and Analysis team to develop an integrated market penetration plan in order to target optimal new and relocation store opportunities and increase store growth and unit profitability.
- Collaborates with Market Planning and Analysis team to develop an integrated market penetration plan in order to target optimal new and relocation store opportunities and increase store growth and unit profitability.
- Communicates new and relocation store objectives and strategies to preferred developer partners in order to establish and successfully execute build-to-suit (BTS) development programs within an assigned territory.
- Trains and manages teams of local brokers and developers to find suitable conventional lease space opportunities or ground up development that meets the criteria of a Dollar General store. Partners with Design & Construction teams to validate costs and to confirm that specific development requirements are met in order to meet merchandising and operational requirements.
- Negotiates all business points for all new and relocation projects: BTS leases, fee development, shopping center lease space, and all related easements and other documents. Coordinates with construction and other departments up through store opening.
- Frequent communication with operational partners and periodic presentations to align teams with strategy and priorities for new store and relocations within specific territories.
- Manages and organizes pipeline of deals within specified area driving results within that area. Provides updates as needed for projects and pipeline within given territory.
- Solid understanding of real estate practices and principles
- Working knowledge of the various disciplines involved in the store development process, from market analysis to pipeline management and store opening for both ground-up development as well as leasing of existing space
- Working knowledge of the various disciplines involved in the store development process, from market analysis to pipeline management and store opening for both ground-up development as well as leasing of existing space
- Self-starter with an ability to work independently
- Great communicator, both written and oral
- Organized and able to manage multiple projects at one time in a fast-paced environment
- Goal-oriented team player
- Strong financial and computer skills including experience with all Microsoft software applications
- Strong abililty to negoiate
- Strong deciison making skills utilizing a combination of analysis, wisdom, judgment, and porfessioanl real estate devlopment experience
- College degree required; BA/ BS in closely related field, preferably in real estate, marketing, management, or related business discipline. MBA or law degree a plus. Minimum of five years of experience working within a fast-paced corporate real estate environment in a deal making/negotiating capacity.