Senior Manager, Real Estate
2 weeks ago
Spencer's is the mall destination for entertainment, excitement and fun. For over 60 years we have been offering unique product for the lifestyle style of our core 18-24 year old guest, always inspired by humor and irreverence.
Originally a mail-order catalog in Easton, PA, Spencer's has been the leader in fun and novel products from the Whoopie Cushion to lava lights. In 1963 Spencer's expanded its reach and opened its first store in the Cherry Hill Mall in Cherry Hill, New Jersey where we continue to operate.
Job Description
Overview
We are authentic, professional providers of fun, focused on building a Great Place To Work For All by staying true to our mission: "Life's a Party, We're Makin' It Fun" and "So Much Fun It's Scary"
At Spencer's and Spirit Halloween, we do the right thing always-integrity, fairness, respect, and transparency are our foundation. You will find our culture to be inclusive, passionate, resilient, and one that values differences and embraces all.
One Team / One Goal
We are leaders and owners of our business success. Whether it's developing new and exclusive costumes, quality testing products, or implementing technology solutions, our teams understand the value of working collaboratively to embrace change through innovation, curiosity, and thoughtfulness.
We offer a comprehensive benefits package that includes:
Flexible work environment
Bonus opportunity
Vacation, Personal, Sick and Holiday pay
Medical, Dental, Vision, Disability, Life and AD&D insurance
401k with a company match
Responsibilities
During the months of July to October Spirit Halloween opens/operates over 1,500 temporary stores in US and Canada. The Senior Manager, Real Estate is responsible for securing the Company's temporary real estate portfolio in the assigned territory, implementation of the real estate market strategy and managing deal flow to achieve the plan.
Provide oversight and management of temporary Halloween stores opening processes, including timely verifying business points on all deals and executing LOI's/Temporary leases, to ensure delivery of new stores.
Implementation of the market strategy to ensure the ideal store deployment for that season as well as the optimal balance between occupancy cost, store count and sales potential.
Manage landlords, developers, and third-party broker/vendor relationships. Ensure productive and effective relationships with internal departments as well as a strong partnership with the store operations team.
Deal directly with developers and/or brokers and Landlords in order to ensure the best possible leasing terms while maintaining and excellent business relationship.
Maintain excellent records of past deals to ensure that knowledge/information can be called on to better future positioning and deals.
Address and resolve questions and challenges from developers and property managers regarding our stores and resolve any problems.
Travel to meet with developers, property managers, gain market knowledge and attend local deal making meetings.
Assist the field team with various store related issues and act as support in resolving maintenance matters, zoning compliance, etc.
Qualifications
Education and/or Experience:
Bachelor's degree (B.A.) from a four-year college or university; or three to five years related experience and/or training; or equivalent combination of education and experience.
Computer Skills:
To perform this job successfully, an individual should have good computer experience (Microsoft Word, Excel, Outlook).
Other Skills and Abilities:
Regional knowledge of Strip center real estate.
Strong relationships in Retail Real Estate Industry.
Strong analytical and negotiations skills.
Experience to be able to perform job duties without waiting for guidance.
Must have a strong sense of urgency.
Ability to work independently from a remote office.
Ability to travel frequently (must have valid Driver's license and access to airport).
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