Real Estate Analyst

This is a fully remote position, open to applicants in North Carolina, +1 more state.

📋 Description

• Implement a thorough and strategic real estate market plan across the entire real estate lifecycle for the designated territory.

• Partner with broker teams, analytics, and senior real estate management to create, enhance, and execute market strategies.

• Collaborate with construction, design, facilities, finance, and asset management to ensure successful store launches and management of the full 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 site visits for potential and existing locations.

• Work alongside legal counsel to negotiate lease agreements.

• Manage pipelines for LOI and lease negotiations to meet growth objectives.

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

• Present proposed site approval packages during monthly Real Estate Committee meetings.

• Travel regularly within the assigned territory to evaluate retail trade areas, traffic and retail trends, demographic shifts, and market movements.

• Engage with operational partners to convey strategies and priorities for new stores and potential relocations.

• Build and maintain relationships with key developers and external business associates.

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

• Support the real estate team with various ad-hoc projects as needed.

⛳️ 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 essential.

• 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.

• Capability to understand the audience and customer needs.

• Strong negotiation and transaction management capabilities.

• Ability to navigate an ambiguous environment, identify and address challenges, and manage change effectively.

• Strong recall and retention of information.

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

• Solid grasp of real estate practices and associated legal principles.

• Must be willing to travel frequently.

🏝️ Benefits

• Health coverage

• Financial wellness support

• Personal wellness support

• Reasonable accommodations for individuals with disabilities