What are the responsibilities and job description for the Real Estate Analyst position at RAC BRANDS?
Real Estate Analyst
JOB PURPOSE: Collaborate with Real Estate Development and Market Planning and teams to formulate strategic real estate lease recommendations and market plans for the Rent-A-Center (RAC) store network.
KEY RESPONSIBILITIES:
- Align with Market Planning team to execute real estate strategy based on approved market plans.
- Draft Letters of Intent (LOIs) for relocations and new store sites, maintaining consistency with RAC real estate guidelines.
- Assist with landlord lease negotiations and review leases for accuracy.
- Apply strategic thinking to solve real estate and property management issues.
- Support the RAC Lease Administration team with the timely and accurate input of lease data in Lucernex or other lease management system (LMS) apps.
- Support the Real Estate Committee with preparation of meeting materials and support information.
- Efficiently leverage GIS (Geographic Information System) and other real estate technology platforms to optimize and inform strategic decision-making.
- Work cross-functionally within an MS Teams environment, collaborating with RAC stakeholders that are responsible for Market Planning, Construction, Store Design, Property Management, Lease Administration, Finance, Store Field Operations, and Legal.
- Develop and maintain a strong professional network of relationships with landlords and brokers via participation in ICSC events and other professional conferences.
- Additional duties as assigned.
JOB REQUIREMENTS:
- Bachelor’s degree required, preferably in business or real estate.
- Must have ability to travel 10% to 20% of the time.
- Must adhere to corporate 3-2 weekly schedule, with 3 days in office and 2 days' work-from-home.
- Experience in a collaborative MS Teams environment, including MS Office applications.
- Must be highly organized and detail oriented, while adhering to strict deadlines.
- Exceptional analytical and critical thinking skills.
- Excellent written and verbal communication skills.
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