Harbor Freight Tools Job - 34435996 | CareerArc
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Company: Harbor Freight Tools
Location: Calabasas, CA
Career Level: Mid-Senior Level
Industries: Retail, Wholesale, Apparel


The Senior Manager, Real Estate position requires a proactive and highly ethical real estate professional to support the Director of Real Estate in driving the company's new-store growth and assisting with the real estate portfolio management of existing stores within an assigned geographic territory. The Senior Manager, Real Estate will collaborate with, and manage, various internal and external parties (including an external brokerage team) to develop and execute the real estate strategy within the assigned territory.  With oversight by the Director of Real Estate, the Senior Manager, Real Estate will: (i) fully understand and stay abreast of the ongoing priorities, needs, economic characteristics and other selection criteria of the company as they relate to store locations, (ii) perform site-location research (applying the company's internal market analysis and selection criteria) to identify prime retail real estate properties for new-store locations, (iii) clearly communicate that research, including site characteristics and the economic basis, for selecting proposed sites to the larger real estate team, (iv) negotiate letters of intent and leases for new stores and relocations, (v) conduct executive team site tours and prepare site-evaluation packages, (vi) assist in the development and implementation of a long-term, strategic real estate plan for specific market areas to maximize market share and profitability, (vii) source sites in the best interests of the company with full transparency regarding conflicts of interest, and (viii) provide oversight of project build-outs to assure that all site-specific deal points are addressed.
Essential Duties and Responsibilities:

  • Participate in the formulation of a long-term real estate strategy for assigned trade areas
  • Execute the real estate strategy, including market analysis and strategic placement of existing and new stores
  • Research, identify and evaluate all potential real estate opportunities available for development, leasing, and/or acquisition by applying basic and company-specific real estate guidelines
  • Monitor and manage brokerage network to develop and maintain market awareness and expertise to ensure optimum site acquisitions
  • Lead the negotiation, coordination and execution of lease documents and other agreements
  • Prepare and submit site-evaluation packages for the Real Estate Executive Committee, which includes conducting site tours with the Executive Team
  • Participate in, and present at, Real Estate Executive Committee meetings
  • Effectively and continuously manage and update a large amount of information via various databases
  • Collaborate with the Construction Department to manage store-opening schedules and ensure compliance with lease terms
  • Manage other real estate related issues as needed (e.g., negotiating non-economic or economic concessions, expansions and resolving lease issues)
  • Ensure the real estate transactions achieve the company's financial and operating objectives
  • Regular attendance is an essential function of the job


Job Qualifications – Education and Experience

Skills, Education and Experience:
  • Bachelor's degree required, Master's or other advanced degree strongly preferred
  • Five or more years of experience in retail real estate development
  • Proficient use of Microsoft Office products
  • Basic understanding of demographic and strategic location software 
  • Strong negotiation skills
  • Ability to clearly articulate strengths and weaknesses of an opportunity while remaining objective
  • Excellent verbal and written communication skills
  • Excellent analytical skills
  • A passion to drive results and continuously improve
  • Supervises Staff – No direct reports but will manage an outsourced network of brokers and partner with various internal and external teams (e.g., construction team)
  • Financial Scope –  Organization
  • Organizational Scope – Nationwide
  • Decision Making – Strategic
  • Travel –  Up to 75%
Physical Requirements:
General office environment requiring ability to:
  • stand, walk, and sit for extended periods of time
  • speak and listen to others in person and over the phone
  • use keyboard and read from computer screen and reports
  • lift up to 15 lbs
  • Travel up to 75% of time as necessary and to work remotely while traveling

About Harbor Freight Tools

In 1977, Harbor Freight Tools was started as a small family-owned business. We made a commitment to provide working people with great quality tools at the lowest prices. And for over 43 years, Harbor Freight Tools has done just that. From hand tools and generators, to air and power tools, from shop equipment to automotive tools, Harbor Freight offers more than 5,000 tools and accessories at quality levels that match or exceed competing brands, but at prices that are up to 80% less. All while developing and launching over 1,000 new tools each year. We're not your typical retailer. We're a team of high-achievers, who have a passion for excellence and continuous improvement and obsess about getting things done. We're also equally committed to doing the right thing and giving back to our community. And for us, collaboration is the golden rule. We're a 43 year-old, $5 billion company with over 1,100 stores, opening 2-3 new stores a week with over 40 million loyal customers and growing. If you are looking for a not so ordinary and highly rewarding career opportunity, we would love to talk with you. Delivering Value to the Hardworking Since 1977.

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