Rent-A-Center Corporate

REAL ESTATE MANAGER

JOB PURPOSE: Manage and execute approved strategic real estate and market plans for the Rent-A-Center (RAC) store network.   Proactively guide the process through site selection, field work, lease negotiation, and delivery to our construction team.

KEY RESPONSIBILITIES:

• Align with Market Planning team to understand approved market plans and execute real estate strategy.
• Apply strategic thinking to solve real estate and property management issues.
• Develop and present real estate recommendations to Monthly Real Estate Committee (REC) and develop ad-hoc presentations for RAC Executive Team.
• Support the RAC Lease Administration team with the timely and accurate input of lease data in Lucernex or other lease management system (LMS) apps.
• Work cross-functionally within an MS Teams environment, collaborating with RAC teams that are responsible for Market Planning, Construction, Store Design, Property Management, Lease Administration, Finance, Store Field Operations, and Legal.
• Efficiently leverage GIS (Geographic Information System) and other real estate technology platforms to optimize project workflows.
• Coordinate with 3^rd Party companies managing outsourced Lease Renewals. Provide strategic direction, assist with landlord relations, and review leases for accuracy.
• Develop and maintain a strong professional network of relationships with landlords and brokers via participation in ICSC events and other professional conferences.
• Additional duties as assigned.

 JOB REQUIREMENTS:

• Bachelor’s degree required, preferably in business or real estate.
• 5-7 years applied deal making and negotiation experience, with emphasis on site selection and new store lease negotiation for a multi-unit retail operation.
• Experience negotiating LOI’s and store leases for relocations and new store sites (consistent with RAC real estate guidelines).
• Must have ability to travel 25% to 30% of the time.
• Must adhere to corporate 3-2 weekly schedule, with 3 days in office and 2 days work-from-home.
• Proficiency with lease management applications such as Lucernex, QuickBase, Tango, On-Site or Costar.
• Experience in a collaborative MS Teams environment, including MS Office applications.
• Proficiency with GIS platforms such as Esri, MapInfo or Kalibrate; and familiarity with demographic databases and customer psychographic segmentation.
• Must be highly organized and detail oriented, while adhering to strict deadlines.
• Exceptional analytical and critical thinking skills.
• Excellent written and verbal communication skills.

#LI-JD1