Job Description
The Director of Real Estate Transactions is responsible for sourcing and negotiating real estate deals for new retail clubs in assigned markets for both corporate and franchise clubs. This position has no direct reports. The director is accountable for sourcing, qualifying, negotiating, and securing retail sites throughout the entire real estate deal process.
The tasks include assisting in exploring and expanding retail landscape in assigned markets, identifying potential sites, considering factors like rent rates, demographics, competition, tenant restrictions and zoning regulations, building and sustaining a robust pipeline, negotiating LOIβs, lease terms, conducting market research, and establishing and maintaining relationships with commercial property landlords and brokers.
The candidate must have a bachelorβs degree in business or related field, 3+ years of experience in retail real estate, knowledge of the real estate development process, effective communication and negotiation skills, in-depth knowledge of commercial real estate, and proficiency in Microsoft Office, DocuSign, Adobe, CoStar, Placer.ai and industry related real estate software programs.