At Build-A-Bear we believe in the power of imagination, creativity, and memorable experiences. Our mission is to add a little more heart to life by creating unique experiences, lasting connections, and beloved memories that create lasting emotional connections. We are a multi-channel, site-based experience and entertainment company, with diversified categories and consumer segments. We are seeking a strategic and inspirational Director, Real Estate to join our dynamic team.
The Director, Real Estate is responsible for the implementation of the corporate real estate strategy, negotiating lease terms for new and existing corporately operated retail locations. This role will drive growth, optimize resources, mitigate risks, and enhance our competitiveness, making a significant impact on our retail expansion and performance.
Responsibilities
Develop, implement and execute the Real Estate Market Strategy
Negotiate real estate terms and explore alternative platforms for brand exposure
Communicate actions with cross-functional teams and monthly Senior Leadership meetings
Engage with legal team to ensure business terms are accurate and timely lease document turnaround
Conduct market analysis and research for optimal retail locations
Negotiate favorable lease agreements meeting corporate real estate goals
Stay updated on industry trends, market dynamics, and regulatory changes
Implement cost-saving initiatives and optimize real estate expenses
Proactively mitigate legal, regulatory, and financial risks
Required Qualifications
Bachelor's degree
5 years retail leasing experience
Proven track record of successfully executing real estate transactions, including site selection and lease negotiation.
Strong analytical skills and proficiency in market research, financial analysis, and risk assessment
Excellent negotiation skills and the ability to build and maintain effective relationships with landlords, developers, and other real estate stakeholders
Excellent communication skills, both written and verbal, with the ability to articulate complex concepts and influence key stakeholders
Preferred Qualifications
Experience on both the Landlord and Retail real estate side of the business
Behavioral Traits For Success
Ability to drive results through the commitment and buy-in of others
Strong initiative and a strong sense of urgency
Strategic mindset with the ability to think creatively and identify opportunities for growth and optimization
Enjoys meeting new people and selling ideas and products
Thrives in a fast-paced and results-oriented environment
Self-confident extravert that can enliven, engage, and positively impact individuals and groups
Able to adapt to change quickly
Comfortable taking responsibility for decisions
Working Environment
Typical office environment with climate control and sufficient lighting, ergonomic desk/chairs
Corporate Office located St. Louis, MO
Flexible work schedule
Travel up to 10%
Your Performance Will Be Measured On
Store performance and market trends analysis
Business relationship development
Lease management and documentation
Quality and performance of real estate market strategies
Quality presentations that are engaging and offer actionable insight
Understanding of retail financial returns and analysis
Decision making, judgment and execution
Stakeholder feedback
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Sales and Management
Industries
Retail
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