Academy Sports
Director Real Estate
Academy Sports, Katy, Texas, United States, 77494
Come work at a place where we take pride in creating a workplace environment that values hard work, commitment, and growth
.Report to and under the direction of the Vice President of Real Estate, the Real Estate Director will assist in developing and implementing Academy’s new store expansion program and managing the existing store portfolio in an assigned territory. The Real Estate Director will utilize internal and external resources in assisting with the fulfillment of Academy’s real estate strategy, which will include locating and acquiring approximately 15 + new stores annually, as well as working on lease renewals, distribution center and non-retail assets and other special projects. Present prospective new locations to the Real Estate Committee.
Job Description:
Education :Bachelor’s degree in Business, Finance, Real Estate, or relevant studyMBA, JD, or graduate degree preferredWork Experiences:Minimum 10 years experience in securing retail real estate locations (big box preferred but not requiredAbility to creatively structure and complete financially compelling lease transactions (build to suit, reverse build to suit, ground lease)Proven ability to conduct successful negotiations of both business terms and legal mattersPrevious experience in big box-related real estate is highly preferredPrevious management experience requiredSkills:Ability to analyze large volumes of data and identify trends/patternsStrong ability to analyze financial and demographic dataIn-depth understanding of site development, design and construction processes, practices, costs, and timelines as it relates to big box retail development (ground up or takeover second generation space)Strong verbal and written communication skills, including the ability to clearly explain site-selection decisions to Academy executive leadershipStrong relationships with national, regional, and local developers, landlords, and retailersStrong relationships with local brokers in select marketsSolid knowledge of retail real estate industry regulations and practicesSuperior negotiating skillsStrong interpersonal, written, and verbal communication skills to interface effectively with individuals at various levelsAbility to remain organized, pay attention to detail and meet critical deadlinesAbility to work well independently, as well as effectively collaborate with and contribute to a team environmentAnalytical with strong problem-solving abilities and creative solution skillsAbility to work well under pressure while consistently meeting time-sensitive deadlinesAcceptable level of hearing and vision to perform job dutiesResponsibilities:Site SelectionBecome thoroughly familiar with assigned marketsWork with Vice President of Real Estate and team in creating the real estate strategy for each assigned marketThoroughly analyze all relevant data (including financial, traffic patterns, retail growth, competition, and demographic data) on all prospective locations in assigned marketsWork with local brokers, landlords, and developers to identify strong prospective locationsTravel to new and existing markets to gain intimate knowledge regarding local markets and retailAttend various national and regional ICSC shows at the direction of President of Real EstateSite Procurement / Acquisition / LeasingFully responsible for meeting assigned goals for new store counts in assigned territoriesConduct negotiation of business terms for new stores within the Academy’s budgetary and scheduling targets, guidelines, and requirementsCoordinate with Design and Construction regarding the layout of prospective locations, cost estimates for new store construction (and civil / site work-related costs, when applicable), and the physical condition of new stores at turnoverCoordinate with Finance and Market Research and Strategy teams in the preparation of financial data, analysis, and mapsnecessary for real estate committee approvalPresent new locations to the real estate committee and ad hoc executive meetingsLegal DocumentationWork with internal and external counsel to negotiate the terms of all documents necessary for each transactionWork with the risk management to ensure lease requirements adhere to Academy insurance policiesPartner with design and construction on all site development, design and construction-related terms in the pre-development phase, letters of intent, and leasesRole ModelDemonstrate and model exceptional client service standardsShow respect, initiative, enthusiasm, and flexibilityRepresent Academy professionally and ethically at all timesLease RenewalsWork with Vice President of Real Estate in creating the strategy for all stores with expiring leasesThoroughly analyze all relevant data (including sales, profit, demographic and venue data) to determine the desirability of staying in an existing location, and financial termsNegotiate renewal terms with the relevant landlordsCoordinate with Finance and Data Team in the preparation of financial data, analysis, and mapsnecessary for real estate committee approvalPresent lease renewals to the real estate committeeDuties may change; Team Member may be required to perform other duties as assignedPhysical Requirements & Attendance:Regular attendance requiredTravel required - approximately 50% to 60% of each monthAcceptable level of hearing and vision to perform job dutiesAdhere to company work hours, policies, procedures, and rules governing professional staff behaviorFull time
Equal Employment Opportunity
Academy is an Equal Opportunity Employer and does not discriminate with regard to employment opportunities or practices on the basis of race, religion, national origin, sex, age, disability, gender identity, sexual orientation, or any other category protected by law.
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.Report to and under the direction of the Vice President of Real Estate, the Real Estate Director will assist in developing and implementing Academy’s new store expansion program and managing the existing store portfolio in an assigned territory. The Real Estate Director will utilize internal and external resources in assisting with the fulfillment of Academy’s real estate strategy, which will include locating and acquiring approximately 15 + new stores annually, as well as working on lease renewals, distribution center and non-retail assets and other special projects. Present prospective new locations to the Real Estate Committee.
Job Description:
Education :Bachelor’s degree in Business, Finance, Real Estate, or relevant studyMBA, JD, or graduate degree preferredWork Experiences:Minimum 10 years experience in securing retail real estate locations (big box preferred but not requiredAbility to creatively structure and complete financially compelling lease transactions (build to suit, reverse build to suit, ground lease)Proven ability to conduct successful negotiations of both business terms and legal mattersPrevious experience in big box-related real estate is highly preferredPrevious management experience requiredSkills:Ability to analyze large volumes of data and identify trends/patternsStrong ability to analyze financial and demographic dataIn-depth understanding of site development, design and construction processes, practices, costs, and timelines as it relates to big box retail development (ground up or takeover second generation space)Strong verbal and written communication skills, including the ability to clearly explain site-selection decisions to Academy executive leadershipStrong relationships with national, regional, and local developers, landlords, and retailersStrong relationships with local brokers in select marketsSolid knowledge of retail real estate industry regulations and practicesSuperior negotiating skillsStrong interpersonal, written, and verbal communication skills to interface effectively with individuals at various levelsAbility to remain organized, pay attention to detail and meet critical deadlinesAbility to work well independently, as well as effectively collaborate with and contribute to a team environmentAnalytical with strong problem-solving abilities and creative solution skillsAbility to work well under pressure while consistently meeting time-sensitive deadlinesAcceptable level of hearing and vision to perform job dutiesResponsibilities:Site SelectionBecome thoroughly familiar with assigned marketsWork with Vice President of Real Estate and team in creating the real estate strategy for each assigned marketThoroughly analyze all relevant data (including financial, traffic patterns, retail growth, competition, and demographic data) on all prospective locations in assigned marketsWork with local brokers, landlords, and developers to identify strong prospective locationsTravel to new and existing markets to gain intimate knowledge regarding local markets and retailAttend various national and regional ICSC shows at the direction of President of Real EstateSite Procurement / Acquisition / LeasingFully responsible for meeting assigned goals for new store counts in assigned territoriesConduct negotiation of business terms for new stores within the Academy’s budgetary and scheduling targets, guidelines, and requirementsCoordinate with Design and Construction regarding the layout of prospective locations, cost estimates for new store construction (and civil / site work-related costs, when applicable), and the physical condition of new stores at turnoverCoordinate with Finance and Market Research and Strategy teams in the preparation of financial data, analysis, and mapsnecessary for real estate committee approvalPresent new locations to the real estate committee and ad hoc executive meetingsLegal DocumentationWork with internal and external counsel to negotiate the terms of all documents necessary for each transactionWork with the risk management to ensure lease requirements adhere to Academy insurance policiesPartner with design and construction on all site development, design and construction-related terms in the pre-development phase, letters of intent, and leasesRole ModelDemonstrate and model exceptional client service standardsShow respect, initiative, enthusiasm, and flexibilityRepresent Academy professionally and ethically at all timesLease RenewalsWork with Vice President of Real Estate in creating the strategy for all stores with expiring leasesThoroughly analyze all relevant data (including sales, profit, demographic and venue data) to determine the desirability of staying in an existing location, and financial termsNegotiate renewal terms with the relevant landlordsCoordinate with Finance and Data Team in the preparation of financial data, analysis, and mapsnecessary for real estate committee approvalPresent lease renewals to the real estate committeeDuties may change; Team Member may be required to perform other duties as assignedPhysical Requirements & Attendance:Regular attendance requiredTravel required - approximately 50% to 60% of each monthAcceptable level of hearing and vision to perform job dutiesAdhere to company work hours, policies, procedures, and rules governing professional staff behaviorFull time
Equal Employment Opportunity
Academy is an Equal Opportunity Employer and does not discriminate with regard to employment opportunities or practices on the basis of race, religion, national origin, sex, age, disability, gender identity, sexual orientation, or any other category protected by law.
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