DOLLAR GENERAL

  • Real Estate Manager

    Requisition ID
    2018-169707
    Location
    US-TN-GOODLETTSVILLE
    Category
    Real Estate
  • Company Overview

    Dollar General (NYSE: DG) is a Fortune 200 company with more than 15,000 retail locations in 44 states, 15 distribution centers and 130,000 employees that embody our mission of Serving Others each and every day. We work in an energetic atmosphere that embraces innovation, diversity and teamwork, all while keeping our customers and communities at the center of everything we do! At Dollar General, employees have numerous growth and development career opportunities through award-winning training and being part of one of America’s fastest-growing retailers. Apply today and let’s grow together!

    Job Details

    General Summary:

    Frontline management and oversight of all real estate functions related to new and relocation store growth within a designated territory; Execution of store opening objectives in tandem with overall strategic goals of the Company; Cross-functional collaboration to include Finance, Construction, Loss Prevention and Operations.  This is a field-based real estate position serving theCentral U.S.

     

    Duties & Responsbilities:

    • Preparation of detailed LOI’s, SOW’s, comprehensive site approval packages and other financial based reports and analysis including site submittal packages for presentation at bi-weekly Real Estate Committee (REC) meeting.
    • Collaborates with Market Planning and Analysis team to develop an integrated market penetration plan in order to target optimal new and relocation store opportunities and increase store growth and unit profitability.
    • Frequent travel to and within assigned territory to gain a strong understanding of each trade area to include traffic and retail patterns, demographic trends and socio-economic behavior, as well as property availability and real estate comparables.
    • Communicates new and relocation store objectives and strategies to preferred developer partners in order to establish and successfully execute build-to-suit (BTS) development programs within an assigned territory.
    • Trains and manages teams of local brokers and developers to find suitable conventional lease space opportunities or ground up development that meets the criteria of a Dollar General store.  Partners with Design & Construction teams to validate costs and to confirm that specific development requirements are met in order to meet merchandising and operational requirements.
    • Negotiates all business points for all new and relocation projects:  BTS leases, fee development, shopping center lease space, and all related easements and other documents.  Coordinates with construction and other departments up through store opening.
    • Frequent communication with operational partners and periodic presentations to align teams with strategy and priorities for new store and relocations within specific territories.
    • Manages and organizes pipeline of deals within specified area driving results within that area.  Provides updates as needed for projects and pipeline within given territory.

    Qualifications

    Knowledge, Skills & Abilities:

    • Solid understanding of real estate practices and principles
    • Working knowledge of the various disciplines involved in the store development process, from market analysis to pipeline management and store opening for both ground-up development as well as leasing of existing space
    • Solid interpersonal and networking skills
    • Self-starter with an ability to work independently
    • Great communicator, both written and oral
    • Organized and able to manage multiple projects at one time in a fast-paced environment
    • Goal-oriented team player
    • Strong financial and computer skills including experience with all Microsoft software applications
    • Strong ability to negotiate
    • Strong decision making skills utilizing a combination of analysis, wisdom, judgment, and professional real estate development experience

    Work Experience and/or Education:

     

    College degree required; BA/ BS in closely related field, preferably in real estate, marketing, management, or related business discipline.  MBA or law degree a plus.  Minimum of five years of experience working within a fast-paced corporate real estate environment in a deal making/negotiating capacity.

     

    Note:  This position requires weekly travel in a company-provided vehicle with limited overnight stays; a current driver's license and acceptable driving history is required.

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