Director, Real Estate

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Job description

Who We Are

We are passionately committed to inspiring home decorators, entertainers and gifters with our eclectic assortment of products sourced and designed around the world. For over 60 years, World Market has collaborated with international artisans to provide customers with the most unique, authentic and always affordable global treasures. We are committed to diversity and inclusion and bridging cultures through our associates and products. Join our team for a world of fun!

What You'll Do

World Market is seeking a dynamic Real Estate Director who will oversee all aspects of the Company's real estate growth and asset management program in accordance with the overall corporate Real Estate Strategy. You will be responsible for regional development of assigned geographic area leveraging a proven track record of negotiating for quality retail locations with high ecomonics.

* Develop region of responsibility with focus on existing network optimization, in fill opportunities, and new market expansion, including formulation of a development build out plan

* Manage exclusive broker network

* Analyze potential sites and data to confirm trade areas, sales volumes projections and competition for recommendation to senior management and Board of Directors

* Communicate with Retail Operations and other internal partners on existing store renewal strategies and new location selection

* Prepare and present subject sites to Real Estate Committee

* Negotiate all aspects of the real estate transactions including financial terms, legal issues and timeframes

* Manage the store development process from site inception through coordination of construction store planning and store opening, including all documentation for internal approvals

* Leverage legal knowledge to resolve issues that could impact the company and a retail store. Provide guidance and direction to outside legal consultants involved in lease and other legal documentation preparation.

* Coordinate with Lease Administration team to ensure all critical dates and other aspect of lease management are adhered to for locations in area of responsibility

* Proficient in the state and local alcoholic beverage laws in order to develop strategies to most effectively build a new store base around existing regulation. Emphasis on tenacity in obtaining rights for alcohol sales.

What You'll Bring

* 8-12 years in a similar position for a national/regional retailer with a formal expansion program (more than 10 sites per year) with demonstrated success in directing an ongoing growth plan

* Ability to work autonomously to meet critical dates and timelines

* Perform analytical projects, with the ability to distill large amounts of data into concise summaries and recommendations

* Experience and understanding of consumer research demographic systems and models

* Ability to read and comprehend maps including longitude-latitude, geocoding and thermograpahic mapping systems

* Experience in preparing reports, site booklets, and presentations

* Excellent written and oral communication skills. Ability to interface with senior management, Board Members and business partners including shopping center owners and developers.

* BS required

* Prior ICSC membership preferred

* Strong computer skills including intermediate or better knowledge of Microsoft office (Word, Excel, Access and Outlook)

* Travel requirement up to 50%

* Ability to operate a PC up to 8 hours per day

Why We Love It

* Work life balance is a priority.

* Up to 30% associate discount to World Market!

* A fun and supportive work environment where you feel welcomed and safe.

* A culture of inclusion that empowers you to be your best authentic self.

* Opportunities to make an impact through your passions.

* Accrued Vacation, Sick Time and Personal Holidays.

* Eligible associates offered Medical and Dental Insurance, Vision Coverage, 401(k) Savings Plan, Employee Assistance and more.

If you need reasonable accommodations to complete the on-line application, please contact the Human Resource Department:

Phone: 1-

Email:

This email address is only to request reasonable accommodation for the application process due to a medical condition. If you do not need a reasonable accommodation for such reason, please use the apply button below to complete an application and upload your resume.

An Equal Opportunity Employer

It is the policy of Cost Plus, Inc. to recruit, hire, train, promote, transfer and compensate our associates and provide all other conditions of employment including Company sponsored events without regard to race, color, creed, religion, national origin, age, sex, gender identity, genetic information, marital status, lawful alien status, sexual orientation, physical or mental disability, citizenship status, veteran status, employment status or any other basis prohibited by applicable law.