Family Dollar
Vice President Real Estate Portfolio Management
Family Dollar, Chesapeake, Virginia, United States, 23322
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Executive Search Recruitment | Strategic Talent Acquisition Leader
The
Vice President of Real Estate Portfolio Management
is responsible for the strategic oversight, management, and optimization of the Company’s existing portfolio of stores, including leading the renewal/key date process, relocation/expansion program, underperforming asset dispositions, and management of dark stores. Position also provides Landlord support to the facilities team and portfolio encroachment analysis support to the GIS / NSO team. This position is located in Chesapeake, VA. Principal Duties and Responsibilities Oversee the management of the company’s real estate portfolio of stores and provide guidance and direction to the Portfolio Management department to ensure alignment with the company’s strategic objectives and goals. The Portfolio department will monitor and evaluate the performance of individual store properties and the overall portfolio. This role will lead the team to optimize the portfolio to maximize returns and minimize risks. Collaborate with the Real Estate Leadership team to develop and implement real estate portfolio strategies to achieve long-term growth and profitability. Develops strategies to ensure the Company can make informed real estate decisions through market research and analysis. Manage the financial aspects of the real estate portfolio, including budgeting, forecasting, and financial analysis. Ensure financial targets are met and take corrective actions when necessary. Report on the portfolio’s financial performance to senior leadership and stakeholders. Manages relocations and expansions of the current portfolio of stores to ensure budgeted store count goals are achieved. Identify and mitigate risks associated with the real estate portfolio. Develop risk management strategies and ensure compliance with regulatory requirements. Conduct regular risk assessments and adjust strategies accordingly. Establish key performance indicators (KPIs) to measure the success of the real estate portfolio. Implement tracking systems and tools to monitor progress and make data-driven decisions. Continuously review and improve real estate processes and methodologies. Build and maintain relationships with key stakeholders, including landlords -institutional and private-, operating partners, and tenants. Communicate portfolio performance and strategy effectively to stakeholders. Address stakeholder concerns and feedback in a timely and professional manner. Partners closely with other departments such as Legal and Store Operations. Oversee the development of team talent and department succession plans. Minimum Requirements/Qualifications Bachelor’s degree in real estate, finance, business administration, or a related field (MBA or advanced degree preferred). A minimum of 10 + years of experience in real estate leadership roles with extensive experience in real estate portfolio management, investment analysis, or related areas. Strong negotiation and decision-making skills. Strong financial acumen and understanding of real estate investment principles. Excellent strategic thinking and problem-solving skills. Proven leadership and team management abilities. Effective communication and interpersonal skills, including strong consensus-building and conflict resolution skills. Ability to work in a fast-paced and dynamic environment. Ability to travel as required. Seniority level
Seniority level Executive Employment type
Employment type Full-time Job function
Job function General Business Industries Retail Referrals increase your chances of interviewing at Family Dollar by 2x Sign in to set job alerts for “Vice President Real Estate” roles.
Norfolk, VA $150,000.00-$250,000.00 1 month ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
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The
Vice President of Real Estate Portfolio Management
is responsible for the strategic oversight, management, and optimization of the Company’s existing portfolio of stores, including leading the renewal/key date process, relocation/expansion program, underperforming asset dispositions, and management of dark stores. Position also provides Landlord support to the facilities team and portfolio encroachment analysis support to the GIS / NSO team. This position is located in Chesapeake, VA. Principal Duties and Responsibilities Oversee the management of the company’s real estate portfolio of stores and provide guidance and direction to the Portfolio Management department to ensure alignment with the company’s strategic objectives and goals. The Portfolio department will monitor and evaluate the performance of individual store properties and the overall portfolio. This role will lead the team to optimize the portfolio to maximize returns and minimize risks. Collaborate with the Real Estate Leadership team to develop and implement real estate portfolio strategies to achieve long-term growth and profitability. Develops strategies to ensure the Company can make informed real estate decisions through market research and analysis. Manage the financial aspects of the real estate portfolio, including budgeting, forecasting, and financial analysis. Ensure financial targets are met and take corrective actions when necessary. Report on the portfolio’s financial performance to senior leadership and stakeholders. Manages relocations and expansions of the current portfolio of stores to ensure budgeted store count goals are achieved. Identify and mitigate risks associated with the real estate portfolio. Develop risk management strategies and ensure compliance with regulatory requirements. Conduct regular risk assessments and adjust strategies accordingly. Establish key performance indicators (KPIs) to measure the success of the real estate portfolio. Implement tracking systems and tools to monitor progress and make data-driven decisions. Continuously review and improve real estate processes and methodologies. Build and maintain relationships with key stakeholders, including landlords -institutional and private-, operating partners, and tenants. Communicate portfolio performance and strategy effectively to stakeholders. Address stakeholder concerns and feedback in a timely and professional manner. Partners closely with other departments such as Legal and Store Operations. Oversee the development of team talent and department succession plans. Minimum Requirements/Qualifications Bachelor’s degree in real estate, finance, business administration, or a related field (MBA or advanced degree preferred). A minimum of 10 + years of experience in real estate leadership roles with extensive experience in real estate portfolio management, investment analysis, or related areas. Strong negotiation and decision-making skills. Strong financial acumen and understanding of real estate investment principles. Excellent strategic thinking and problem-solving skills. Proven leadership and team management abilities. Effective communication and interpersonal skills, including strong consensus-building and conflict resolution skills. Ability to work in a fast-paced and dynamic environment. Ability to travel as required. Seniority level
Seniority level Executive Employment type
Employment type Full-time Job function
Job function General Business Industries Retail Referrals increase your chances of interviewing at Family Dollar by 2x Sign in to set job alerts for “Vice President Real Estate” roles.
Norfolk, VA $150,000.00-$250,000.00 1 month ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr