Real Estate Analyst

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

📋 Description

• Implement a detailed and strategic real estate market plan throughout the real estate lifecycle for the designated territory.

• Partner with broker teams and collaborate with analytics, real estate, construction, design, facilities, finance, and asset management stakeholders.

• Facilitate successful store openings from site selection through to the launch and ongoing store lifecycle.

• Identify locations for new stores and opportunities for repositioning existing stores.

• Oversee local real estate broker teams and third-party service providers.

• Conduct field assessments of potential and current sites.

• Negotiate Letters of Intent (LOIs) and leases in conjunction with legal counsel and the Senior Manager.

• Manage numerous LOI and lease negotiations to meet growth objectives.

• Prepare LOIs, site approval documents, financial reports, analyses, and site-submission packages for Real Estate Committee meetings.

• Present site approval documents at the monthly Real Estate Committee meetings.

• Travel regularly within the assigned territory to evaluate retail trade areas, traffic and retail trends, demographics, market changes, and future prospects.

• Communicate effectively with operational partners to present strategies and priorities for new store openings and relocations.

• Build and sustain relationships with developers and manage expectations of external business partners.

• Represent Five Below at selected Regional and National ICSC Conventions.

• Assist with various ad-hoc real estate projects.

⛳️ Requirements

• A Bachelor’s or Master’s Degree in Business Administration or a concentration related to real estate/finance is preferred.

• A minimum of 3 years of experience in retail real estate is required.

• At least 1 year of experience in market planning, site selection, and deal negotiation.

• Experience in managing third-party service providers, including local market brokers and external legal counsel.

• Excellent communication, presentation, analytical, and problem-solving abilities.

• Strong negotiation and transaction management skills.

• Capability to work in an ambiguous environment, address issues, and adapt to changes.

• Ability to retain information easily.

• Self-driven, with a keen attention to detail and adherence to deadlines.

• Solid understanding of real estate practices and relevant legal principles.

• Must be willing to travel frequently.

🏝️ Benefits

• Health coverage

• Financial wellness support

• Personal wellness support

• Reasonable accommodations for individuals with disabilities