Sr. Real Estate Manager

Job Description

The Real Estate Manager is accountable for all aspects of physical growth, portfolio optimization, and occupancy cost management in the manager’s assigned geographic territory. The Manager will develop strategies in conjunction with the company’s long-term growth plan through collaboration with Store Operations, Transportation, Store Planning and Design, Construction, Lease Administration, Asset Management, Real Estate Research, and Legal to optimize the store deployment for Advance Auto Parts and CarQuest. The Manager will work with property owners, developers, brokers, municipalities, and all internal teams to implement the strategies in the assigned markets.  

This is a REMOTE based position, but will be covering a territory in the eastern US. Travel is required for success in the role.

Experience needed:

• Strong and consistent attention to detail and accuracy 
• Mathematical ability to calculate figures and amounts such as square footage, interest, commissions, development cap rates, and percentages 
• Ability to multi-task on different projects in different stages in order to meet development goals 
• Develop and implement strategies to improve store positioning at an optimal occupancy cost; implementation will include preparation and presentation of Real Estate Committee packages for approval    
• Ability to negotiate Letter of Intent and Lease Agreements and their ancillary documents 
• Form the relationships necessary with both internal and external business partners to successfully implement the long-term plan for each market; retaining/training/managing a network of preferred brokers and developers that will assist in achieving defined goals 

Qualifications required:

• Bachelor's degree (B.S. or B.A.) from a four-year college or university in Business, Real Estate, or Civil Engineering; 5 -7 years related experience with an emphasis on retailer development in a multi-unit corporate environment; or Equivalent combination of education and experience. 
• Proficiency in Microsoft Office software 
• Strong negotiation skills required; including site selection and lease negotiation experience, with a strong track record of closing deals 
• Demonstrated interpersonal skills, including verbal and written communication 
• Ability to travel to assigned markets (minimum 50% of the time) 

#LI-REMOTE

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