Real Estate Analyst

🔥 0 minutes ago

🌲 North Carolina, South Carolina – Remote

🌲 North Carolina – Remote 🌴 South Carolina – Remote

⏰ Full Time

🟡 Mid-level

🟠 Senior

🧐 Analyst

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Five Below

WebsiteLinkedInAll Job Openings

10,000+ employees

Founded 2002

🛒 Retail

👥 B2C

🛍️ eCommerce

💰 $194M Private Equity Round on 2010-10

Retail • B2C • eCommerce

Five Below is a retail store with a mission to provide an amazing shopping experience where tweens, teens, and beyond can enjoy unlimited possibilities at incredibly low prices. Known for its vibrant culture and strong values, Five Below emphasizes fun and creativity in its offerings, creating a unique environment for both customers and employees. With over 20,000 associates, the company focuses on a collaborative and inspiring workplace culture.

📋 Description

• Execute a comprehensive and strategic real estate market plan throughout the entire real estate lifecycle for the assigned territory. • Collaborate with broker teams and analytics and senior real estate management to develop, refine, and execute market plans. • Collaborate with construction, design, facilities, finance, and asset management to support successful store launches and the full store lifecycle. • Select sites for new stores and existing-store repositioning opportunities. • Manage local real estate broker teams and third-party service providers. • Conduct field tours of potential and existing locations. • Work with legal counsel on lease negotiations. • Manage LOI and lease negotiation pipelines to achieve growth targets. • Prepare LOIs, site approval packages, financial reports, analyses, and site submittal packages for Real Estate Committee meetings. • Present proposed site approval packages at monthly Real Estate Committee meetings. • Travel frequently throughout the assigned territory to assess retail trade areas, traffic and retail patterns, demographic trends, and market shifts. • Communicate with operational partners and present strategy and priorities for new stores and potential relocations. • Develop and maintain relationships with key developers and external business partners. • Represent Five Below at select Regional and National ICSC Conventions. • Assist the real estate team with ad-hoc projects as assigned.

🎯 Requirements

• Bachelor’s or Master’s degree in Business Administration or a real estate/finance-related concentration is preferred. • 3+ years of experience in retail real estate is required. • 1+ years of experience in market planning, site selection, and deal negotiation. • Experience managing third-party service providers, including local market brokers and outside legal counsel. • Superior communication, presentation, analytical, and problem-solving skills. • Ability to understand the audience and customer. • Strong negotiation and transaction management skills. • Ability to work in an ambiguous environment, identify and solve problems, and manage change. • Ability to recall information easily. • Self-motivated with critical attention to detail and deadlines. • Strong understanding of real estate practices and related legal principles. • Must be able to travel frequently.

🏖️ Benefits

• Health coverage • Financial wellness support • Personal wellness support • Reasonable accommodations for individuals with disabilities