Real Estate Manager - Kerrville, TX

Job Summary

The Real Estate Manager is responsible for the strategic management of James Avery's real estate activities including site location, building and land acquisition, disposition and space leasing. Investigates and analyzes markets, identifies new store opportunities, negotiates deal structures, and presents new store locations proposals for Real Estate Committee review and approval. Proactively communicates and effectively collaborates with external and cross-functional business partners to ensure alignment with organizational goals.

WHAT YOU WILL BE DOING:

• Manage and negotiate highly competitive deal structures (i.e., economics, key lease language, etc.) for approved James Avery Craftsman (JAC) real estate projects.
• Investigate and analyze markets and trade areas using multiple datasets (i.e., psychographic, demographic, sales, etc.) to identify potential new store locations.
• Gather, prepare, and present analysis, including market drivers and potential risks, to Real Estate Committee (REC) on proposed new stores, remodels, and relocation opportunities in order to obtain approvals.
• Ensure effective communication of lease terms to all impacted JAC departments, vendors/service providers and retail operations.
• Develop and maintain business relationships with landlords, landlord representatives, brokers, governing agencies, developers, potential business partners, and professional organizations.
• Collaborate with other Real Estate team members and REC in order to develop and implement a strategic plan for optimizing the overall performance of the JAC real estate portfolio.
• Resolve landlord issues relating to operational/maintenance issues, lease violations and disputes, and serve as a liaison between retail stores and landlords in relation to leasehold rights and restrictions on existing JAC real estate portfolio.
• Partner with the Legal department to draft and interpret lease language and underlying legal documents to ensure compliance as it relates to operational sections of lease agreements on all new stores.
• Develop, monitor, and report detailed budgets, schedules, and status on all new projects.
• Track critical dates, review, and negotiate lease renewals within the JAC real estate portfolio.
• Assist in the maintenance of the Real Estate document management system.

WHAT IS REQUIRED:

• Bachelor's Degree in Business Administration, Real Estate or related field; or equivalent combination of education and/or experience.
• 3 years' experience in real estate, property management or similar work.
• Experience in commercial retail leasing of 'class A' power/lifestyle centers, strip centers, and/or malls.
• Experience in site identification through the evaluation of multiple metrics.
• Knowledge of architectural and construction principles/concepts.
• Strong statistical analysis and critical thinking skills with ability to interpret data, identify trends, potential issues and develop action plans.
• Excellent communication skills to present findings and effective collaboration with external and cross-functional business partners.
• Proven ability to strategically negotiate and successfully influence stakeholders.
• Efficient use of time management and organizational skills to manage multiple projects and priorities.
• Intermediate proficiency with Microsoft Office Suite.
• Must be able to travel to various in and out of state work locations as business need requires.

PREFERRED QUALIFICATIONS:

• Experience with Placer.ai and other mapping software.
• Experience with leasing accounting software (i.e., Lucernex).
• Experience in ground-up real estate development.