Manager, Real Estate

Ross Store Real Estate Position

Our values start with our people, join a team that values you!

Bring your talents to Ross, our leading off-price retail chain with over 2,100 stores, and a strong track record of success and growth. Our focus has always been bringing our customers a constant stream of high-quality brands and on-trend merchandise at extraordinary savings. All while providing a fun and exciting treasure hunt experience. As part of our team, you will experience:

• Success. Our winning team pursues excellence while learning and evolving
• Career growth. We develop industry leading talent because Ross grows when our people grow
• Teamwork. We work together to solve the hard problems and find the right solution
• Our commitment to Diversity, Equity & Inclusion, and our community. We celebrate the backgrounds, identities, and ideas of those who work and shop with us because our differences make us stronger. We strive to be a positive force in our community.

Our Corporate headquarters are in Dublin, CA, we have 3 buying offices in key markets in New York City, Los Angeles, and Boston, and 8 distribution centers nationwide. With 2023 revenues of $20.4 billion, we are a Fortune 500 company who is committed to providing an inclusive work environment with continuous learning opportunities and development for our teams.

General Purpose: Facilitate the administration and coordination of Ross' new store program, lease options and renewals, including document preparation, negotiations for lease renewals, amendments, options, and lease modifications as assigned by the Group Senior Vice President of Real Estate. If required, act as the primary Ross representative in dealings with landlords. The base salary range for this role is $93,000 to $140,400. The base salary range is dependent on factors including, but not limited to, experience, skills, qualifications, relevant education, certifications, seniority, and location. The range listed is just one component of the total compensation package for employees. Other rewards vary by position and location.

Essential Functions:

• Negotiation of the business points for sites approved by the company, lease amendments, renewals, options and/or other modifications for store leases.
• Work with Property Development staff compiling and packaging pre-final lease documents, including preparation of lease summaries, for senior management's review.
• Negotiate with brokers, developers, attorneys, property owners and landlords for the best overall deal structure and most favorable position for each transaction consistent with the company's goals and standards.
• Collaborate with Store Planning, Construction and Property Management Departments as needed, to ensure the smooth flow of communication and plans between Landlord and Ross for each project.
• Prepare presentations to the Group Senior Vice President, Real Estate with recommendations: signed deal letters, renewal options, landlord disputes and other matters affecting existing locations.
• Analyze/evaluate research provided by Real Estate Market Research analyst in securing information required for projects for site submittal packets and proofing thereof for the Real Estate Committee.
• Perform analysis and evaluation of multi market store site locations (availability, property value, access, zoning, development obstacles, timing, etc.)
• Aid the Group Senior Vice President on a continual basis and for other Property Development staff as needed for Real Estate matters when requested.
• Travel as required based on specific project needs and Property Development goals.
• Participate in International Council of Shopping Centers and other Real Estate seminars or forums that are required by Property Development to achieve company goals.
• Build expertise in internal site management system (pdSiteLink) within Real Estate.

Competencies:

• People: Collaboration, Self, Leading by Example, Communicates Effectively, Ensures Accountability and Execution, Manages Conflict
• Business: Business Acumen, Plans, Aligns and Prioritizes, Organizational Agility
• With particular emphasis on the following specific position-related competencies: Transparency

Qualifications and Special Skills Required:

• List Education level, Years of Experience, Technical Knowledge, and/or Certifications required for the position.
• 5 to 7 years of experience in Retail Real Estate. Additional experience in Real Estate related functions. College degree preferred.
• Must have excellent organizational, analytical, written, and communicative skills.
• Must have excellent supervisory skills to ensure work gets done effectively and timely.
• Must be able to multi-task projects with efficiency.
• Understand and comprehend financial proformas.
• Understand and comprehend market demographic information.
• Experience with Adobe Acrobat or other graphic design programs.

Physical Requirements/ADA:

• Job requires ability to work in an office environment, primarily on a computer.
• Requires sitting, standing, walking, hearing, talking on the telephone, attending in-person meetings, typing, and working with paper/files, etc.
• Consistent timeliness and regular attendance.
• Vision requirements: Ability to see information in print and/or electronically.
• This role requires regular in-office presence, including to engage in in-person team interaction, meetings and collaboration, client support, mentoring, coaching, and/or feedback. However, this role can perform duties effectively using a combination of in-office and remote work. Ability to travel nationally as required.

Supervisory Responsibilities:

• None

Disclaimer: This job description is a summary of the primary duties and responsibilities of the job and position. It is not intended to be a comprehensive or all-inclusive listing of duties and responsibilities. Contents are subject to change at management's discretion. Ross is an equal employment opportunity employer. We consider individuals for employment or promotion according to their skills, abilities and experience. We believe that it is an essential part of the Company's overall commitment to attract, hire and develop a strong, talented and diverse workforce. Ross is committed to complying with all applicable laws prohibiting discrimination based on race, color, religious creed, age, national origin, ancestry, physical, mental or developmental disability, sex (which includes pregnancy, childbirth, breastfeeding and medical conditions related to pregnancy, childbirth or breastfeeding), veteran status, military status, marital or registered domestic partnership status, medical condition (including cancer or genetic characteristics), genetic information, gender, gender identity, gender expression, sexual orientation, as well as any other category protected by federal, state or local laws.