Senior Real Estate Manager

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

📋 Description

• Evaluate and negotiate opportunities related to real estate and site development, which includes amendments to REAs, development approvals, leases, and property sales.

• Oversee and manage the Company’s current real estate asset portfolio along with corporate real estate strategy goals.

• Work collaboratively with leadership on significant and intricate real estate transactions and associated agreements.

• Supervise real estate functions for new store development and the current portfolio, covering site selection, negotiations, legal documentation, due diligence, and market analysis.

• Formulate long-term strategic real estate plans in conjunction with the VP of Real Estate and senior management.

• Organize materials and provide support information for monthly meetings of the Real Estate Committee.

• Present real estate proposals to JCP senior leadership and ownership for approval.

• Develop and maintain reports and schedules that monitor critical action dates, site development initiatives, and land sale opportunities.

• Partner with store and field operations to manage relationships with landlords and developers, focusing on market and store development, as well as real estate issues.

• Collaborate with the Legal team on lease negotiations and property document compliance with business terms.

• Work with Store Construction on modernization efforts, new-store cost estimates, and considerations for site/store layouts.

• Team up with Lease Administration to address property management and lease-related challenges.

• Create financial analyses and pro formas for new stores, relocations, downsizes, lease renewals, store closures, and buyouts in collaboration with Finance.

• Lead the evaluation, negotiation, and contracting processes for IBO and warehouse space.

⛳️ Requirements

• Minimum of 6 years of experience in negotiating retail Letters of Intent (LOIs), leases, Reciprocal Easement Agreements, and related real estate documentation.

• Previous experience in site development is preferred.

• Proficient in Microsoft Office with the capability to learn new software programs.

• Familiarity with Lucernex is a plus.

• Bachelor's degree in finance, accounting, business administration, architecture/engineering, or a related field.

• A law degree or MBA is highly desirable.

• Exceptional leadership, strategic thinking, management, negotiation, and execution capabilities.

• Ability to comprehend and negotiate complex business and legal agreements.

• Competence in conducting basic financial analysis.

• Ability to collaborate effectively with Senior Management.

• Strong skills in oral and written communication, critical thinking, and negotiation.

🏝️ Benefits

• Medical, dental, and vision insurance.

• Term life insurance.

• Paid vacation and holidays.

• 401(k) plan with Company matching contributions.

• Employee discount on all Catalyst Brands merchandise.

• Additional compensation for store hourly associates working on designated holidays.