Director - Real Estate

Irving, Texas, United States


Support Center - Irving
We're here for the Makers! Come be a part of the team where innovation and teamwork come together to support the most exciting missions in the world!

Michaels is an Equal Opportunity Employer. We are here for all Team Members and all Makers to create, innovate and be better together.

This position is directly responsible for all real estate activities including site selection, lease negotiations, as well as generating savings through renegotiating existing leases and asset issues.

Major Activities
Prepare, maintain and execute market development plans as it relates to new stores, relocations, remodels, renewals, etc.
Manage real estate brokers as needed.
Ensure most favorable business terms are negotiated for all deals in your respective area.
Partner with internal partners (i.e., Store Operations, Construction, Lease Administration, Finance, Legal, etc.) regarding new sites, relocations, renewals, and all other real estate functions for your territory.
Provide required materials for monthly Real Estate Committee meetings, annual strategy meetings, etc.
Partner with Legal in all negotiations of leases and amendments, until fully executed.
Follow up on issues and complete special projects as directed by Real Estate Executive from time to time.
Maintain weekly, monthly, and quarterly progress reports

BBA or higher preferred.

Type of experience the job requires
Minimum of 10 years in real estate – site selection, lease negotiations for new locations, negotiations for renewals, and landlord requests/waivers.
Prior experience working/coordinating with construction management, brokers, city officials, etc.
Established background in retail and prior success in development and execution of market development expansion plans
Exceptional communication skills (verbal and written)
Must be willing to relocate
Travel is required (25% - 50%)

Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.

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