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Family Dollar · 5 hours ago

Director, Portfolio Management

Chesapeake, VA

Full-time

Onsite

Director/Executive

8+ years exp

Family Dollar is seeking a Director of Portfolio Management responsible for managing the growth and relocation strategy for a specified region's real estate portfolio. The role involves overseeing lease negotiations, site selection, and ensuring that real estate transactions align with the company's financial objectives.

Retail

Responsibilities

Train and manage a team of Real Estate Managers to strategically locate stores, site selection criteria and related processes

Ensure real estate transactions meet the financial and operating objectives of the Company

Oversee the site-specific real estate process

Responsible for all document flow related to real estate development projects

Responsible for site selection of new stores

Approve negotiated deals

Negotiate relocations and expansions of existing stores for Real Estate Committee approval

Negotiate lease renewal modifications for existing stores where applicable

Manage the monitoring of lease notification dates through use of real estate database

Oversee the accuracy of data, by all system users, within the real estate database

Manage the renewal process in seeking continuous improvement through revised processes and procedures

Analyze leases for cost saving opportunities

Work with Leasing team to leverage new deals and relo/expansions with key dates

Meet with landlords to review portfolio and address lease/rent issues

Build relationships with landlords and other retailers to determine Best Practices

Help REM’s prioritize and focus their time w/respect to key dates

Work with Property Mgmt. to address issues at renewal time (bad HVAC, roof leaks, etc)

Renegotiate rent and track savings related to rent reductions

Qualification

Real Estate ManagementLease NegotiationSite SelectionReal Estate Market AnalysisProject ManagementCustomer ServiceComputer ProficiencyCommunication SkillsTime ManagementAttention to Detail

Required

BA or BS degree required

Extensive travel

Must be able to immediately handle a significant workload and effectively prioritize projects

Proven communication skills both written and verbal

Good time management skills and excellent attention to detail

A proven track record of successfully managing multiple real estate projects in a fast paced work environment

Ability to maintain confidential information

Minimum 8-10 years experience in retail real estate with experience in both portfolio and new site acquisitions

Customer service oriented

Able to work independently and highly organized

Extensive computer experience to include MS Office Suite

Solid Landlord and Retailer relationships

Knowledge of real estate markets, industry analysis and best practices

Preferred

Prior Management Experience

Company

Family Dollar

Glassdoor2.9

When it comes to getting value for everyday items for the entire family in an easy to shop, neighborhood location, Family Dollar is the best place to go.

Founded in 1959

Charlotte, North Carolina, USA

10001+ employees