VP, Real Estate Leasing job in Pittsburgh, PA| Recruit Arrow
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Tuesday, April 23, 2024
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Title
VP, Real Estate Leasing
Location : Pennsylvania, Pittsburgh
Refer job # CRIM337593
 
Job Responsibilities and Requirements: Job Responsibilities Manage real estate leasing, development and site selection activities for new projects in all current and new retail formats (Giant Eagle, Market District, GetGo, Market District Express, GetGo Caf Market). Lead a team of predevelopment and real estate managers to select, negotiate, design and permit new locations to meet Giant Eagle's growth goals. Manage, budget and administer entire 400 store retail and warehouse portfolio. Strategize and negotiate all lease renewals for the real estate portfolio. Designed a proactive approach to strategically identify and select ideal locations to negotiate early lease renewal terms. Involvement in overall business acquisitions efforts. Active involvement with negotiations to acquire businesses that will help Giant Eagle meet or exceed our store sales growth goals. Active involvement in our new strategic Government Leadership program. Activities including lobbying, policy / legislation research and management, specific project grants and incentive work and the pursuit of long-term high level government initiatives that advance the interests of Giant Eagle. Active involvement with new Sustainability team related to Giant Eagle's overall company desire to invest in high ROI projects that lower the total cost of ownership / operation. Developing new investment ideas and seeking CapEx to execute approved projects. Oversee the Lease Administration & Accounting departments within the real estate group. Direct policies and procedures related to CAM reconciliations, real estate tax payments and occupancy cost reviews. Help team resolve CAM disputes with 3rd parties. Hiring and training a diverse team of talented business people to drive results in all functional areas of the real estate department Leadership role in creating and implementing our CNG strategy, partnership analysis, legal research, negotiations and legal documentation for public and private CNG development. Manage team to ensure our lease rights are being protected and administrated correctly. Direct involvement with the asset management team for new stores, acquisitions and strategic lease renewal projects. Must create effective relationships with new and existing landlords. Leadership in developing CapEx strategy and planning for capital investments for the existing real estate portfolio and new growth opportunities. Create, manage and present capital funding requests to Senior Executive Expenditure Review Committee as required. Prepare proformas, analyze the financial viability of potential projects, present new locations to Executive Real Estate Committee for final approval. Coordinate and manage the development process between internal teams and with Echo with emphasis on decreasing development time and overall project costs for new stores and remodels. Investigate current markets, new markets for growth opportunities and acquisition targets. Vet acquisition candidates for grocery and c-store / fuel opportunities when placed on market. Study competitive activity in current and new markets to spot trends, analyze site selection criteria and methods. Keep abreast of competitor activities in our markets. Major budgetary and financial responsibility for a group function. Amount of Budgetary Responsibility: $5mm Responsible for direct and indirect supervision of team members in one or more departments. Education and Training Required Bachelors Degree Business Admin., Real Estate, Finance, Real Estate, Finance, Legal Education and Training Desired MBA Masters in Real Estate, Business Admin, Finance, Legal Experience Required Over 10 years Experience Desired Real Estate development, Supermarket Development, CCIM training, Big box experience or Junior Anchor Leasing experience preferred Equipment Used Calculator Computer Copier Fax Machine Printer Telephone Travel Required Yes.
 
 
 
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