Real Estate Manager
Support Center - Irving
For nearly 50 years, Michaels has been the destination where Makers get inspired, learn, shop, and create. We strive to cultivate an inclusive shopping environment for all Makers and work environment for all Team Members, providing a place of belonging and empowering everyone to bring their creative dreams to life. At Michaels, every Team Member is encouraged to hone their craft with opportunities for personal and professional growth. From our Stores and Distribution Centers to Artistree and our Support Center, our best-in-class team is passionate about leaving the world a better, more creative place by contributing to every “make”.
Michaels is an Equal Opportunity Employer. We are here for all Team Members and all Makers to create, innovate and be better together.
This position is directly responsible for all real estate activities including site selection, lease negotiations, as well as generating savings through renegotiating existing leases and asset issues.Major Activities
- Prepare, maintain, and execute market development plans as it relates to new stores, relocations, remodels, renewals, etc.
- Manage real estate brokers as needed.
- Ensure most favorable business terms are negotiated for all deals in your respective area.
- Partner with internal partners (i.e., Store Operations, Construction, Lease Administration, Finance, Legal, etc.) regarding new sites, relocations, renewals, and all other real estate functions for your territory.
- Provide required materials for monthly Real Estate Committee meetings, annual strategy meetings, etc.
- Partner with Legal in all negotiations of leases and amendments, until fully executed.
- Follow up on issues and complete special projects as directed by Real Estate Executive from time to time.
- Maintain weekly, monthly, and quarterly progress reports
Other duties as assigned
Minimum Knowledge/Skills/Abilities
Education
BBA or higher preferred
Type of Experience the Job Requires
- Minimum of 7 years in real estate – site selection, lease negotiations for new locations, negotiations for renewals, and landlord requests/waivers.
- Prior experience working/coordinating with construction management, brokers, city officials, etc.
- Established background in retail and prior success in development and execution of market development expansion plans
- Exceptional communication skills (verbal and written)
Other
- Some travel is required
#LI-RM1
Applicants in the U.S. must satisfy federal, state, and local legal requirements of the job.
To review a comprehensive list of benefits, please visit Michaels Benefits
CA, CO, CT, WA, RI and select New York cities only - To review pay ranges for the position you are applying for, please visit Michaels Pay Ranges - CA, CO, CT, WA, RI, and select New York cities only.
Michaels is committed to the full inclusion of all qualified individuals. In keeping with this commitment, Michaels will assure that people with disabilities are provided reasonable accommodations. Accordingly, if a reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the job, and/or to receive all other benefits and privileges of employment, please contact Customer Care at 1-800-642-4235 (1800-MICHAEL).