Real Estate Director

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Job description

Tailored Brands, Inc. is a leading omni-channel specialty retailer of menswear, including suits and a broad selection of business casual offerings as well as the largest provider of tuxedo rental products in the U.S. and Canada. We operate retail stores in all 50 states and Canada. Our U.S. retail stores are operated under the brand names of Men's Wearhouse, Jos. A. Bank, Men's Wearhouse and Tux, and K&G Fashion. Our Canadian stores are operated under the brand name of Moores in ten provinces. Our purpose is to help our customers love how they look for moments that matter. We accomplish this by providing a personal, convenient, one-of-a-kind shopping experience with compelling products and world-class service. We help fulfill this mission by providing our employees with an engaging and inclusive workplace focused on teamwork, growth and respect. If you want to make a difference, be part of a great team and grow, you might be a perfect fit.

Benefits

We offer a generous package of health, financial, professional, and work-life benefits. Benefits typically include:

• Medical, prescription, dental, vision, savings accounts, wellbeing program, life/disability, commuter, accidental insurance, legal services, 401k.
• Bereavement, paid holidays, floating holidays, vacation pay, sick leave, adoption assistance, employee discounts and so much more!
  

Work-Life Balance

We Offer Programs Such As

We understand the demands of work, school, family, and personal responsibilities. Through our work-life resources and programs we offer services for every stage of life to help you manage the day-to-day needs.

• Flexibility to work from a remote location most of the time while being available for on-site support as needed.
• Zoom-Free Fridays | so you can catch up on work
• Summer Fridays | from Memorial Day to Labor Day so you can enjoy a head-start to the weekend
• Holiday Early Departure | close out early the business day before a company observed holiday
  

About The Job

We currently have an exciting opportunity for Real Estate Director to join our Real Estate team. This individual will direct the analysis, selection, negotiation, administration and coordination of Tailored Brand's real estate program in assigned markets. Directs the development of market plans, trade area analysis site selections, and Letter of Intent (LOI) negotiations. Also involved in the relocation, replacement, renewal and expansion programs as assigned by the Sr Vice President of real estate. Act as the primary Tailored Brands representative in dealings with brokers and landlords.

What You'll Do | Key Accountabilities

• Analyzes market data such as demographics, income levels, trends and competitor information to determine site feasibility.
• Research the density of core customers, level competition, major traffic areas and retail synergistic trade areas.
• Develops a broker network to assist in the location and negotiation of specific sites. Trains brokers to understand company standards for site development and economic terms of lease
• Negotiates business terms of lease to include economic and site data such as rent/lease terms, signs and common area maintenance
• Prepares and presents packages and summaries for Real Estate Committee regarding prospective sites.
• Interface with landlords regarding questions or problems with lease terms and other agreements
• Establishes relationships with landlord and retail developers for further implementation of future development sites
• Coordinates with design and construction personnel regarding site plan, floor plan and elevations for development.
• Conducts existing store analysis to determine if stores need to be relocated based upon current market conditions.
  

Skills & Experience

• Minimum Requirements: Bachelor's degree required in Business, Real Estate or related field and 7 + years of relevant experience
• Preferred Requirements: Master's degree in business, Real Estate and/or 10+ years of retail real estate site selection and lease negotiations. (20+ annual deals)
• Strong verbal and written communications skills, highly organized, detailed oriented, and proficient in Microsoft Office programs
• Knowledge of financial modeling
• Knowledge of Demographic Mapping Software required
• Strong negotiation skills and the ability to influence others
• Understanding complex leases/corresponding legal terms
  

Work Environment, Physical & Mental Demands

• Ability to sit and work at a computer keyboard for extended periods of time
• Ability to stoop, kneel, bend at the waist, and reach on a daily basis
• Able to lift and move up to 25 pounds occasionally
• Must utilize visual acuity, speech and hearing, hand and eye coordination and manual dexterity necessary to operate a computer and office equipment
• Hours regularly 40 hours per week
  

COVID-19 Vaccine Policy

Tailored Brands requires all Corporate & Shared Services employees either (a) establish that they have been fully vaccinated; or (b) obtain an approved reasonable accommodation exempting them from this requirement due to a medical reason, or because of a sincerely held religious belief or practice, as a condition of employment. For purposes of this policy, a fully vaccinated person is someone who has received all recommended dose(s) of a COVID-19 vaccine authorized by the U.S. Food and Drug Administration (FDA) or the World Health Organization (WHO), including vaccinations that have been approved pursuant to an Emergency Use Authorization, and it has been at least 14 days since the administration of the final dose.

Note: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required and are not intended to be an exhaustive list of all duties, responsibilities or qualifications associated with this job.

Work Locations: 02098 Corporate Remote 6100 Stevenson Blvd Fremont 94

Job: Real Estate

Organization: Tailored Shared Services

Shift: Day Job