GENERAL PURPOSE:

The Manager, Real Estate Market Research executes preliminary market research studies by leveraging GIS applications, defining customer catchment areas, and analyzing existing portfolio performance to drive new store expansion efforts. Additionally, the Manager develop Real Estate Committee (REC) materials supporting annual openings of 100 new stores in addition to preparing materials for existing store rationalization. This position facilitates market-level meetings for asset strategy of new store deployment, relocations, and closures, and will support new store merchandising efforts by providing key analogs to appropriate business partners. The Manager will gain deep understanding of internal financial drivers, demographic, competitor, and other related industry trends, as well as review and edit outputs from other Market Research team members.

The base salary range for this role is $96,700 - $146,050. The base salary range is dependent on factors including, but not limited to, experience, skills, qualifications, relevant education, certifications, seniority, and location. The range listed is just one component of the total compensation package for employees. Other rewards vary by position and location.

ESSENTIAL FUNCTIONS:
• Prepare and formalize new site research packages for approval to be presented at the Real Estate Committee throughout the year.
• Generate demographic data as needed for locations being considered for new stores, new markets, existing stores and existing markets using geographic information system software (GIS) and other primary research methods.
• Lead company market strategy meetings both on-site and remote with internal and external business partners.
• Communicate and work with internal and external sources to obtain pertinent information needed to support site research and site presentations. Be familiar with all aspects of each site proposal.
• Collaborate with Finance and Real Estate Business Partners to create proforma income statements for new and existing store locations, remodels, expansions, and closures to be presented to Real Estate Committee review and approval.
• Conduct analog store analysis to support merchandising efforts in preparation of New Store Openings.
• Support data gathering and transformation into systems including ownership of in-store zip code surveys, competitor data, demographic data, traffic counts, and more.
• Gain familiarity with standard lease form and lease summaries used within the department.
• Lead company market strategy meetings both on-site and remote with internal and external business partners.
• Requires travel and attendance of market tours and industry conferences.
• Complete special projects as either assigned or self-developed.

COMPETENCIES:
• Building Effect Teams
• Developing Talent
• Collaboration
• Leading by Example
• Communicates Effectively
• Ensures Accountability and Execution
• Manages Conflict
• Business Acumen
• Plans, Aligns and Prioritizes
• Organizational Agility

QUALIFICATIONS AND SPECIAL SKILLS REQUIRED:

List Education level, Years of Experience, Technical Knowledge, and/or Certifications required for the position.
• College degree required with emphasis on Geography, Real Estate, Marketing, Statistics or Market Research.
• 5 years of experience in location strategy, spatial analytics, statistics, GIS, retail strategy, or related field. Knowledge of retail store site selection location strategies, sales forecasting and cannibalization.
• Retail industry experience and management experience is required. Previous experience with retail site selection location strategies, sales forecasting, and cannibalization.
• Understanding of GIS technology (MapInfo, Trade Area Systems) & spatial analysis.
• Ability to initiate technical problem solving process, recommend solutions and facilitate closure with supervision.
• Advanced user of Microsoft Suite (Word, Excel, PowerPoint and Access) or related software. Experience with statistical software & modeling is a plus.
• Position requires extreme confidentiality in handling/distributing reports and studies based on company's proprietary information.
• Periodic travel will be required by plane and car.

PHYSICAL REQUIREMENTS/ADA:

Job requires ability to work in an office environment, primarily on a computer.
Requires sitting, standing, walking, hearing, talking on the telephone, attending in-person meetings, typing, and working with paper/files, etc.
Consistent timeliness and regular attendance.
Vision requirements: Ability to see information in print and/or electronically.
This role requires regular in-office presence, including to engage in in-person team interaction, meetings and collaboration, client support, mentoring, coaching, and/or feedback. However, this role can perform duties effectively using a combination of in-office and remote work.

SUPERVISORY RESPONSIBILITIES:

Sr. Analyst, Real Estate Market Research

DISCLAIMER

This job description is a summary of the primary duties and responsibilities of the job and position. It is not intended to be a comprehensive or all-inclusive listing of duties and responsibilities. Contents are subject to change at management's discretion.