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  • Houston, TX

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VP of Real Estate

ExecuNet • Houston, TX

Posted 6 days ago

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Job Description

This position is responsible for developing and executing plans to meet the Company’s store growth goals. This person will play a key role in establishing market strategies, analyzing extensive, relevant data and collaborating with internal sales partners to execute real estate transactions that support the growth goals of Company. 

• College degree, professional accreditation with a track record of success in the retail real estate sector 
• Experience dealing with brokers, landlords and developers in various markets with strong negotiation skills 
• Ability to understand complex real estate, financial, sales, demographic and market data in order to build and execute effective market strategies that benefit the overall enterprise 
• Strong written and verbal communication skills. 
• Strong ability to read, analyze and interpret contracts and related documents. 
• Working level of MS Outlook, Excel, Word, PowerPoint, and GIS mapping software. 
• Proven strategy and planning ability with exceptional attention to detail. 
• A track record of successful leadership experience to manage a team with minimal supervision. 
• Flexibility for work-related travel. 

Essential duties and responsibilities: 
Real Estate Development 
• Analyzes existing and potential location performance by understanding the company financial results, its strengths and weaknesses and its competition. 
• Develops and implements action plans to strengthen relative market position through collection and analysis of data while also using experience, market knowledge and other inputs to compliment data. 
• Researches and recommends new markets for company expansion. 
• Identifies, presents, and implements real estate solutions for existing and potential locations. 

Lease Work 
• Manages and develops master and local brokerage contacts. 
• Negotiates lease related transactions, including leases, renewals/extensions, and terminations. 
• Handles Non-operating Lease Liabilities (NOLL) to disposition and resolution. 
• Presents potential sites and related materials to Real Estate Committee for approval. 

Other Departmental Functions 
• Develops tools, KPI’s and dashboards to reflect performance of the real estate organization 
• Leads efforts to ensure bench strength, development of associates and succession planning in areas of responsibility. 
• Manages spend to ensure efficiency, developing and implementing cost savings measures where possible. 

Supervisory Responsibilities 
• Coordinates, directs and manages the efforts of subordinates. 
• Delegates work assignments, matching the responsibility to the person. 
• Sets expectations for subordinates and monitors delegated activities. 
• Provides continual feedback to subordinates. 
• Performs formal, written review for all subordinates, at least once/year. 
• Coaches and disciplines employees, as needed. 
• Hires and trains new department employees, as needed. 

• Interacts with all levels of management to communicate real estate plans and developments. 
• Completes other projects and special assignments as requested by supervisor and/or Senior Management. 

Job ID: 481888
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