Citi Trends · 3 days ago
Director of Real Estate
United States
Full-time
Remote
Director/Executive
8+ years expCiti Trends is a leading off-price value retailer dedicated to delivering great style and amazing brands. The Director of Real Estate will shape and execute the company's real estate strategy, overseeing site selection, lease negotiations, and portfolio optimization to support long-term growth and profitability.
ApparelE-CommerceFashionRetail
Hiring Manager
Kellie Jones
Responsibilities
Develop and execute a comprehensive real estate strategy aligned with Citi Trends’ growth, market expansion, and brand objectives
Provide strategic recommendations related to new store openings, relocations, renewals, and closures based on market and financial analysis
Oversee the management of the company’s real estate portfolio, ensuring lease compliance, rent optimization, and portfolio health
Monitor market trends, demographic shifts, and competitive dynamics to identify opportunities and risks
Lead site selection efforts through market research, demographic analysis, and competitive assessments
Negotiate leases, renewals, amendments, and terminations to secure favorable financial and operational terms
Manage relationships with landlords, brokers, legal counsel, and external partners to support transaction execution
Ensure all real estate transactions align with long-term financial and operational objectives
Develop and manage budgets for real estate initiatives, including capital expenditures and ROI analysis
Conduct financial modeling and cost-benefit analyses to support investment decisions
Ensure real estate projects meet or exceed financial performance targets
Partner closely with Store Operations, Construction, Legal, Finance, Marketing, and other internal stakeholders to ensure seamless execution of real estate projects
Align real estate decisions with operational readiness, brand standards, and market execution
Serve as a trusted advisor to senior leadership on real estate strategy and portfolio performance
Lead, mentor, and develop a high-performing team of real estate managers, analysts, and support staff
Establish clear expectations, performance standards, and development plans for the team
Foster a collaborative, accountable, and results-driven culture aligned with Citi Trends’ values
Support change management efforts as the company evolves its footprint and operating model
Qualification
Required
Bachelor's degree in Real Estate, Business Administration, Finance, or a related field; Master's degree preferred
8–10+ years of experience in retail or commercial real estate, with demonstrated leadership responsibility
Proven track record of successfully negotiating leases and managing large, multi-market portfolios
Strong knowledge of site selection processes, lease structures, and real estate financial analysis
Excellent leadership, communication, and interpersonal skills with the ability to influence across functions
Strategic mindset with strong analytical and problem-solving capabilities
Ability to travel frequently to support site selection and portfolio management activities
Preferred
Master's degree
Company
Citi Trends
Citi Trends is a value-priced retailer of urban fashion apparel, shoes, accessories and home décor for the entire family.
5001-10000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2005-05-18IPO
Leadership Team
K
Ken Seipel
Chairman and Chief Executive Officer
Recent News
2025-12-03
MarketScreener
2025-12-02
Benzinga.com
2025-12-02
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