Director, Real Estate

Meijer, Inc.

$100K — $130K *
Real Estate & Construction
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required.
  • 10+ years of real estate site acquisition and selection experience in a Big Box retail context.
  • Strong supervisory skills with experience managing real estate staff.
  • Excellent organizational, analytical, written, and verbal communication skills.
  • Demonstrated project management abilities and business acumen.

Responsibilities

  • Assist in the development of 5-year store opening plans and long-term growth strategies.
  • Supervise real estate staff, including Real Estate Managers.
  • Travel to assess potential store site locations and evaluate their feasibility.
  • Analyze and define trade areas for both new and existing stores.
  • Prepare and present site submittal packets for review by the Real Estate Committee.
  • Conduct research on market areas, including population, income trends, and competition.
  • Negotiate with property owners, brokers, and other stakeholders for site acquisition.

Benefits

  • Comprehensive health coverage options.
  • 401(k) plan with company matching contributions.
  • Paid time off and flexible work arrangements.
  • Employee discounts on groceries and other products.
  • Opportunities for professional development and advancement.
Full Job Description
Responsible for the analysis, selection, negotiation, administration and coordination of Meijer's new store site acquisition activities and manage the sale/development of excess property as assigned by the Vice President of Real Estate and Store Development.

What You'll be Doing:
  • Participate/assist in preparation and review of the 5-year store opening plan as well as assist in development of the Company's long-range growth strategy.
  • Supervise the real estate staff including Real Estate Managers.
  • Travel to required market areas to find, evaluate and investigate one and multi-store site locations (availability, property values, access, zoning, development obstacles, timing, etc.).
  • Accountable for analyzing and defining proposed trade areas for existing and new stores.
  • Accountable for securing information required for new store site submittal packets and making presentations for the Real Estate Committee.
  • Accountable for research and evaluation of pertinent data related to market areas and specific sites (population, incomes, growth trends, competition and sales potential).
  • Accountable for all negotiations with property owners, brokers, developers and attorneys to control and acquire new store sites.
  • Accountable for the sale/development of excess property.
  • Accountable for obtaining governmental approvals required to develop a Meijer retail store and gas/convenience store on the site.

What You Bring with You (Qualifications):
  • Minimum of bachelor's degree.
  • Must possess real estate site acquisition and selection experience typically acquired with 10+ years' experience in a "Big Box" retail environment.
  • Must have excellent supervisory, organizational, analytical, written and communicative skills.
  • Must possess demonstrated judgment, project management, business acumen, interpersonal, leadership and influencing skills.
  • Travel required.

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