Job Description


Principal - Real Estate

Category: Corporate Office
Location: 5501 Headquarters Dr
Plano Texas 75024
Job ID: 346842

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 3rd 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.

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