Director of Real Estate Transactions

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October 28

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Paramount Group

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Real Estate • B2B • Sustainability

Paramount Group is a best-in-class owner, operator and manager of Class A office properties, specializing in some of the most sought after addresses in New York and San Francisco. The company focuses on high-quality real estate management and sustainability within its operations.

201 - 500 employees

🏠 Real Estate

🤝 B2B

📋 Description

• Responsible for sourcing and negotiating real estate deals for new retail clubs in assigned markets for both corporate and franchise clubs. • Accountable for sourcing, qualifying, negotiating, and securing retail sites throughout the entire real estate deal process. • Assist in exploring and expanding retail landscape in assigned markets. • Identify, evaluate, and pursue potential sites for corporate and franchise clubs, considering factors like rent rates, demographics, competition, tenant restrictions and zoning regulations. • Assist in building and sustaining a robust pipeline for potential club sites. • Negotiate LOI’s, lease terms, including lease language, and conditions with landlords and brokers to execute club deals. • Conduct market research to understand the assigned markets in respect to site inventory, rent rates, demographics, and competition. • Establish and maintain relationships with commercial property landlords, commercial real estate firms and brokers. • On-going identification of underserved markets that meets club criteria. • Perform due diligence for potential new opportunities and make recommendations. • Prepares market analysis for franchisees and potential franchisees for new clubs. • Ability to manage and qualify cold calls, inquiries, etc. • Perform other duties as assigned.

🎯 Requirements

• Bachelor’s degree in business or related field; proven industry knowledge acceptable in lieu of degree • Typically, 3+ years of experience in retail real estate with a focus on junior anchor/big box spaces, and flex/industrial sites is a plus. • Demonstrated knowledge of the real estate development process including site sourcing, negotiating, demographic analysis and fully executing retail deals. • Experience representing franchisees, including negotiating LOI’s and leases on their behalf. • Effective communication, negotiation, and interpersonal skills. • Ability to direct tone and direction of all interactions with franchisees and brokers. • In-depth knowledge of commercial real estate. • Proficient in Microsoft Office, DocuSign, Adobe, CoStar, Placer.ai and industry related real estate software programs. • Ability to work extended hours, weekends, and holidays pursuant with industry demands • Willingness to travel

🏖️ Benefits

• Medical • Dental • Vision • Life Insurance • Disability Insurance • Other voluntary benefits