Director of Real Estate

This is a fully remote position, open to applicants in Pennsylvania.

📋 Description

• Negotiate, coordinate, and execute real estate transactions for new store openings, relocations, and renewals.

• Analyze trends in the real estate market and communicate findings to senior management.

• Identify potential site locations that align with budgeted expenditures and profitability forecasts.

• Assess demographics, competition, location, and business potential for site acquisitions.

• Prepare and present information regarding store acquisitions to executive leadership.

• Negotiate rental agreements, terms, and capital contributions for prospective stores.

• Oversee the selection process for new site locations.

• Collaborate with Real Estate counsel on lease agreement negotiations.

• Conduct the necessary due diligence prior to lease execution.

• Cultivate strong relationships with Construction, Facilities, Operations, and Executive teams.

• Ensure site selections adhere to company budget constraints.

• Support Construction Project Managers with permits, landlord consents, and store build-outs.

• Develop relationships with real estate brokers, property owners, landlords, and leasing agents.

• Undertake additional responsibilities and tasks as assigned.

⛳️ Requirements

• A bachelor’s degree in accounting, finance, business administration, or a related field in real estate is required.

• A minimum of 10 years of prior experience in retail real estate with a national or regional shopping center owner, retailer, or restaurant chain is required.

• Strong skills in analysis, prioritization, interpersonal relations, and negotiation.

• Proficient in Microsoft Office applications, including Word, Excel, and PowerPoint.

• Familiarity with Adobe Acrobat.

• Experience with Kalibrate or similar software.

• Knowledge of lease administration platforms such as MRI.

• Capability to work independently while fostering strong working relationships.

• Ability to adapt quickly to changes in direction within a fast-paced work environment.

• Willingness to travel 50% of the time throughout the Midwest region.

• Capability to sit at a desk and operate a computer for extended periods.

• Ability to see, hear, and speak on a regular basis.

• Proficient in gripping, reaching, and pinching with arms and hands frequently.

• Ability to bend and twist occasionally.

• Capacity to work in a constant state of alertness and in a safe manner.

🏝️ Benefits

• Medical, Dental, Vision, and RX coverage available after 30 days of employment.

• 401K plan with a company match starting at Associate enrollment.

• A strong culture of career growth and talent development.

• 20% discount for Associates on all Ollie’s purchases.

• A wide range of voluntary benefits offered.