Verano · 4 hours ago
Vice President – Strategy, Commercial Real Estate
Chicago, IL
Full-time
Hybrid
Director/Executive
$175K/yr - $210K/yr
7+ years expVerano is a company focused on national growth in the commercial real estate sector. The Vice President – Strategy, Commercial Real Estate will lead the company's strategy by identifying and negotiating real estate opportunities to support cultivation, manufacturing, and retail operations across the nation.
Responsibilities
Lead Verano’s national commercial real estate strategy by identifying priority markets and advancing purchase and lease opportunities aligned with corporate growth objectives
Build and actively manage a national pipeline of commercial real estate opportunities, assessing strategic fit, commercial viability, and regulatory feasibility across current and emerging markets
Evaluate markets and individual properties for potential operations, using demographic, mobility, competitive, and financial data in developing concise, executive-ready recommendations for senior leadership
Source purchase and leasing opportunities through direct engagement with brokers, developers, and property owners in generating both marketed and off-market deal flow
Lead preliminary negotiation of key business terms and letters of intent, then working with regulatory compliance and in-house attorneys on structuring, negotiating, and finalizing definitive agreements
Conduct early zoning, land-use, and entitlement assessments, proactively identifying risks and coordinating solution strategies with internal and external compliance and legal partners
Assess property suitability for cultivation, manufacturing, and retail uses in collaboration with the Construction and Operations departments, evaluating functional fit, infrastructure, access, utilities, and expansion potential
Serve as the primary liaison across internal stakeholders (Strategy, Legal, Finance, Compliance, Construction, Operations, Marketing, and IT) in advancing real estate strategic growth opportunities from initial evaluation through site control and operationalization
Provide regular pipeline updates and strategic recommendations to senior leadership, while continuously refining processes to improve decision making quality, speed to execution, and consistency across markets
Qualification
Required
Bachelor's degree required, with preference for Real Estate, Finance, Business, Economics, Urban Planning, or a related field
7-12+ years of progressive commercial real estate experience, with demonstrated responsibility for opportunity sourcing, evaluation, negotiation, and transactional execution at a national level
Proven ability to assess and negotiate commercial real estate opportunities, incorporating market dynamics, financial considerations, and regulatory risks into clear strategic recommendations to senior leadership
Strong negotiation skills and experience structuring commercial business terms that balance growth objectives with operational and regulatory requirements
Exceptional executive communication and presentation skills, with a track record of delivering clear, actionable strategic recommendations to senior leadership
Strong working knowledge of zoning, land-use, and entitlement processes, particularly within highly-regulated industries
Proficiency in analytical and evaluation tools commonly used in commercial real estate (e.g., Excel-based modeling, GIS/mapping tools, demographic and traffic analytics)
Highly organized, self-directed, and capable of managing multiple initiatives concurrently under compressed timelines in multiple markets
Preferred
Advanced credentials preferred, including: MBA or other graduate-level real estate or business degree; Professional designations such as CCIM, SIOR, or RICS; and/or Active real estate broker license(s) in priority markets
Company
Verano
Verano Holdings Corp. (Cboe CA: VRNO) (OTCQX: VRNO), one of the U.S.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Brett Summerer, MBA CPA
Chief Financial Officer
Trip McDermott
Chief Operating Officer
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