- Manage the company's real estate portfolio, including negotiating and executing new lease agreements, modifications to existing leases, and managing renewals options and lease terminations.
- Prepare recommendations to the executive team as part of the regular budgeting and planning processes. The Director is accountable for the quality of the leasing deals recommended and timely/accurate execution of terms, and ownership of the company lease software tool.
- Work with attorneys to negotiate and obtain lease and document execution, and coordinate with finance for lease terms, payments, vendor and supplier services, and payment terms.
- Provide real estate governance.
- Ensure compliance with lease terms, contracts, and permits.
- Some opex and expense planning, budgeting, and management.
- Experienced in utilizing data, analytics, and modeling to add fact-based decision-making to real estate planning and negotiations.
- Experienced in commercial real estate multi-site lease and facility operations.
- Legal expertise in real estate leases and transactions is strongly preferred.
- Strong legal understanding of leases, contract negotiations, and ability to manage third-party real estate brokers and attorneys.
- Demonstrated track record of managing multiple simultaneous construction projects ranging in size from $20,000 to $200,000.
- Detailed level of understanding, reading, interpreting blueprints and specifications, and making redlines as needed.
- Excellent written, analytical, and oral communication skills.
- Demonstrable track record of success in growing and developing a real estate portfolio. Understanding of Real Estate inventory management and financial systems a plus.
- Understanding of unique complexities of niche geographical markets, a plus
- At least 7 years in commercial real estate, multi-site retail, or similar operation.
- Legal background in real estate management preferred.
- Two to three years of project management experience with renovations/new construction a plus.
- Culturally biased to fast-paced and dynamic consumer, retail and/or outdoor sports businesses.
- Private equity experience a plus.
Director of Real Estate - Lakewood, United States - Christy Sports
1 month ago
Description
About Christy Sports:
At Christy Sports, we help people step outside. Outside the predictable and expected walls of their comfort zone, and into a never-ending journey. We were founded in Colorado in 1958, but we've been chasing adventure for much longer. Skiing and snowboarding aren't just a job for us, it's a lifestyle. No matter your level, we strive to give you the best experience possible and invite you to step outside with us.
Share the stoke for the Christy Sports Values.
Exceptional Experience – Going above and beyond to ensure we create and exceptional personal experience. We contribute to this through listening, learning, compassion, and continuous improvement.
Live the Passion – We love what we do Our passion for the outdoors inspires us to work hard to help everyone create their own stoke.
Our Strong Foundation – staying true to our collective history of local family shops, our relationships, integrity, and culture built through the years, sets us apart.
Be Good Humans – Strive to create positive impacts on the people, communities, and environment around us.
Fresh Tracks – Transforming outdoor customer service and experience by boldly re-envisioning our future.
Summary Description:
The Director of Real Estate will assist the Company in managing the existing lease portfolio for all Christy Sports locations as well as any potential new/expansion opportunities. The Director manages all US locations (est. 60), landlord relationships and communication both internally and externally. The Director will monitor the portfolio for critical dates, negotiate terms, review rate adjustments/CAM reconciliations, and provide any other necessary support.
This individual may also play a key role in renovations, vendor negotiations, or other physical infrastructure-related projects. This may include leading the project team by utilizing open communication, setting clear direction, and establishing high levels of expectations for performance. This person must be capable of managing multiple small projects, from concept to RFP or bid solicitation from both architects and contractors through final completion and close-out. This position requires passion, dedication, and a strong sense of accountability with the ability to align with the executive team to optimize the growth potential, profitability, and contribution to the strategic real estate objectives of the Company.
Essential Functions:
Portfolio & Lease Management
Required Skills/Abilities:
Education and Experience:
Other:
Denver area; Lakewood Support Office – open to hybrid/remote position. Local candidates are preferred.
Travel Percentage: 25%
Equal Opportunity Employer:
Christy Sports is an Equal Opportunity Employer (EOE). Qualified applicants are considered for employment without regard to age, race, color, religion, sex, national origin, sexual orientation, disability, or veteran status. If you need assistance or an accommodation during the application process because of a disability, it is available upon request. The company is pleased to provide such assistance, and no applicant will be penalized as a result of such a request.
The budgeted range is $120,000 - $140,000 annually. Actual pay will be adjusted based on experience.
**Bonus eligible based upon company performance indicators
WORKING CONDITIONS
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
The employee must regularly lift and /or move up to 25 pounds and occasionally lift and/or move up to 50 pounds. (Request help with heavy or awkward boxes/products). Specific vision abilities required by this job include Close vision, Distance vision, Peripheral vision, Depth perception, and Ability to adjust focus. While performing the duties of this Job, the employee is regularly required to stand; use hands to finger, handle, or feel; reach with hands and arms; climb stairs and ladders, stoop, kneel, crouch, or crawl and talk or hear. The employee is frequently required to walk.
WORK ENVIRONMENT
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
The noise level in the work environment is usually moderate.