Real Estate Manager - Five Below : Job Details

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At Five Below our growth is a result of the people who embrace our purpose: We know life is way better when you are free to Let Go & Have Fun in an amazing experience, filled with unlimited possibilities, priced so low, you can always say yes to the newest, coolest stuff! Just ask any of our over 20,000 associates who work at Five Below and they'll tell you there's no other place like it. It all starts with our purpose and then, The Five Below Way, which is our values and behaviors that each and every associate believes in.It's all about culture at Five Below, making this a place that can inspire you as much as you inspire us with big ideas, super energy, passion, and the ability to make the workplace a WOWplace!Key Responsibilities:

• Lead territory strategy development, identifying growth markets and creating long-range real estate expansion plans.
• Serve as the key decision-maker on site selections, working collaboratively with analysts, brokers, and internal teams.
• Negotiate all aspects of the real estate transaction including LOIs, leases, amendments, and terminations.
• Manage third-party broker performance and maintain strong relationships with landlords, developers, and internal stakeholders.
• Prepare comprehensive site approval packages and other financial based reports and analysis including site submittal packages for presentation at monthly Real Estate Committee (REC) meeting with support from the RE Admin.
• Present territory plans and site submittal packages at internal Real Estate Committee meetings.
• Partner cross-functionally with Construction, Design, Legal, and Finance to ensure execution readiness for each deal.
• Monitor market conditions, trends, and performance of existing store fleet within assigned territory; drive relocation and expansion strategy working in close collaboration with Portfolio team.
• Travel regularly to conduct market tours, assess opportunities, and maintain on-the-ground visibility in assigned territory.

Qualifications:

• Bachelor's or Master's Degree in Business, Real Estate, or related field.
• 5+ years in retail real estate is required, with proven market planning, site selection & dealmaking experience.
• Deep knowledge of shopping center formats, regional players, and retail development trends.
• Experience managing third party service providers, including master brokers, local market brokers and outside legal counsel
• Strong project ownership, negotiation, and relationship management skills.
• Ability to work in an ambiguous environment, identify and solve problems, and manage change
• Self-motivated with critical attention to detail and deadlines
• Strong understanding of real estate practices and related legal principles
• Excellent presentation and communication abilities; comfortable with executive-level discussions.

Explore our benefits site to discover all the perks and support we offer! From health coverage to financial and personal wellness, we've got you covered—check it out today! benefits.fivebelow.com/public/welcomeFive Below is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, age, national origin, disability, protected veteran status, gender identity or any other factor protected by applicable federal, state, or local laws.Five Below is committed to working with and providing reasonable accommodations for individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please submit a request and let us know the nature of your request and your contact information. crewservices.zendesk.com/hc/en-us/requests/newBE AWARE OF FRAUD! Please be aware of potentially fraudulent job postings or suspicious recruiter activity by persons that are posing as a Five Below recruiters. Please confirm that the person you are working with has an @fivebelow.com email address. Additionally, Five Below does NOT request financial information or payments from candidates at any point during the hiring process. If you suspect fraudulent activity, please visit Five Below's Career Site to verify the posting. fivebelow.com/info/careers

Seniority level

• Seniority levelMid-Senior level

Employment type

• Employment typeFull-time

Job function

• Job functionSales and Management
• IndustriesRetail

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