Senior Real Estate Development Manager

🔥 14 hours ago

🇺🇸 United States – Remote

💵 $120k - $160k / year

⏰ Full Time

🟠 Senior

👔 Manager

👻 Ghost score 0%

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Advance Auto Parts

WebsiteLinkedInAll Job Openings

10,000+ employees

Founded 1932

🚘 Automotive

🛒 Retail

🚗 Transport

Automotive • Retail • Transport

Advance Auto Parts is a leading provider of automotive aftermarket parts that serves both professional installers and do-it-yourself customers. The company operates a widespread retail network with over 5,000 stores and branches across the United States, Puerto Rico, U. S. Virgin Islands, Canada, Mexico, and various Caribbean Islands. Advance Auto Parts is dedicated to delivering quality parts and tools, supported by knowledgeable team members and extensive distribution centers to ensure availability and exceptional customer service. The company is committed to fostering a diverse and inclusive work environment, offering a range of career opportunities in retail, distribution, and corporate settings.

📋 Description

• Accountable for physical growth, portfolio optimization, and real estate cost management in the assigned geographic territory • Identify, evaluate, and advance new real estate opportunities across multiple markets • Serve as liaison between the Real Estate team and field operations • Work with property owners, developers, brokers, municipalities, and internal teams to implement market strategies • Travel extensively to target markets to evaluate potential sites and meet with brokers • Collaborate with the Real Estate Analytics team to review market roadmaps and provide field-based insights • Build and maintain relationships with real estate brokers and preferred developers • Coordinate property tours, review listings, and assess ground-up development opportunities • Partner with Operations, Construction, and Legal teams on site selection, development feasibility, and project execution • Source properties and lead negotiation of Letters of Intent with property owners • Maintain records in Lucernex and manage development lifecycle documentation • Oversee site plans, architectural drawings, and visual documentation • Prepare site packages for Real Estate Committee review • Transition approved sites to Construction while maintaining stakeholder relationships through lease negotiation and build-out

🎯 Requirements

• Prior experience in market development and real estate negotiations • Strong negotiation, communication, and relationship-building skills • Proficiency in real estate systems (e.g., Lucernex) and Microsoft Office Suite • Ability to travel frequently and work independently in a fast-paced environment • Consistent attention to detail with high accuracy • Strong real estate financial background • Ability to understand a P&L • Ability to calculate square footage, interest, commissions, development cap rates, and percentages • Demonstrated success in cross-functional collaboration, internally and externally • CCIM designation and/or Real Estate Agent or Broker License preferred, not required • 5–7 years of experience in market or real estate development for a retail organization • Bachelor’s degree in real estate, business, finance, or similar field, or equivalent combination of education and/or experience • Position requires 75% travel • Position will be located within or in close proximity to the assigned market

🏖️ Benefits

• Comprehensive health and wellness benefits • Health and wellness benefits for Team Members and their families