Job description
Company Overview:
Duties & Responsibilities:
pOpshelf is a subsidiary of Dollar General Corporation opened in November 2020. pOpshelf’s mission is to make every day special by providing shoppers a stress-free shopping destination for those special things that make life better. pOpshelf offers a fun, on-trend and rotating selection of seasonal, houseware, home décor, health and beauty products, home cleaning supplies and party goods in addition to candy & snacks, toys, games and electronics, among other items. There is fun in every find, surprise on every shelf, and joy in every visit. pOpshelf operates 70+ stores currently with plans to open 1,000 by 2025. Learn more about pOpshelf at www.popshelf.com.
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.
Duties & Responsibilities:
- 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.
- 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.
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
- 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 &/ 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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