Ollie's Bargain Outlet
Director of Real Estate
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Job Description
Join our team and live the Ollie-tude!: (Ollie’s Core Values)
- BE A TEAM PLAYER- Associates are expected to be supportive and work together.
- BE CARING- How do I treat others with courtesy, dignity, and respect?
- BE VALUE OBSESSED- Live the “good stuff cheap” mindset.
- BE COMMITTED- Operate with grit, passion, tenacity, and action.
- BE GROWING- How do we get better every day?
- BE REAL- Associates should be honest, transparent, genuine, trustworthy, and sincere.
Competitive Benefits
- Medical, Dental, Vision, and RX coverage after 30 days of employment.
- 401K, Company match begins at Associate enrollment
- Strong career growth & talent development culture
- 20% Associate discount on all Ollie’s purchases.
- Vast array of voluntary benefits
**Role Covers the Midwest **
Position Overview
The Director of Real Estate is responsible for negotiating, coordinating, and executing real estate deals for new stores, relocations and renewals. This position requires experience and skills in site selection, negotiating letters of intent and assisting Real Estate Legal counsel in negotiating leases. The responsibilities include the evaluation of demographics, financial measures, competition, business potential and location for new store site locations (in the Midwest.)
Primary Responsibilities
- Travel 50% of the role throughout the Midwest region.
- Analyze and understand real estate market trends and present findings to senior leadership.
- Identify site locations that meet the forecasted expenditure anticipated to maintain profitability projections.
- Evaluate demographics, competition, location and business potential for site acquisition.
- Prepare and present store acquisition information to executive leaders.
- Negotiate rent, term, and capital contribution for potential stores.
- Manage the selection process for new sites; including assisting
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