Real Estate Strategy Manager - Remote
Company: Harbor Freight Tools
Posted on: January 15, 2022
The Real Estate Strategy Manager is responsible for leading the
Real Estate Committee (REC) preparation and presentation process,
prescreen emails, target release list, lease execution memos, pulse
replies and other ad-hoc analysis as it relates to new store
performance. Additionally, the role will assist with other areas of
analysis within the Real Estate Department including analysis of
construction costs, lease renewals, facilities and any process
aspects of the department. This role has cross functional
responsibilities and serves as a representative of the Real Estate
team in projects across the organization. This position provides
informal leadership of the real estate strategy team and provides
assistance to the Director of Real Estate Strategy with all tasks
and analysis related to where to open new stores.
Essential Duties and Responsibilities
Be a team leader in the Real Estate Committee process, whether it
be supervising the preparation of all material or presenting to the
Real Estate Committee.
Lead analytical support for various initiatives including, but not
limited to where to open new stores:
Sales forecasting and cannibalization analysis for new sites,
including the process behind the sales forecasting methodology for
Pro forma P & L and investment analysis for prospective sites,
including validating the assumptions behind the pro forma
Leverage time spent in the field to better understand risk around
particular markets, driving when a process for when it is necessary
to travel to markets once travel is safe.
Lead various special projects and reporting requirements to assist
with the development of our real estate strategy.
Oversee pulse replies and quarterly post audits, ensuring analysis
is supporting our Real Estate Strategy.
Develop a comprehensive market planning process with operational
Ensure there is an actionable real estate strategy for all existing
stores, including but not limited to relocations, expansions,
Recommend and track appropriate capital investments for both new
and existing stores to best support HFT's long-term asset
Prepare ad-hoc analysis to evaluate purchase and sale opportunities
Ensure monthly and bi-weekly reporting for Real Estate, Facilities
and Lease Renewals are completed on time and to the highest
Lead opportunities for process improvement across the strategy team
and real estate department.
Directly Identify and apply innovative 'best practices' and
industry benchmarking for real estate strategy, across the entire
team to ensure the team is best in class.
Be a leader in cross functional projects, ensuring that projects
get adequate spatial analysis support and whatever resources they
may need from the team.
Assist with prioritizing analysis, REC prep, LEMs and process
improvement across the real estate strategy team
Additional Duties as assigned by management
Regular Attendance is required
Staff supervision and Development - Yes in supervising processes
and tasks. Potential for Direct Supervision in the future.
Decision Making -
Provides data for decision support
Negotiates on behalf of management
Provides consultation or expert advice
Participates in planning business objectives
Travel - Greater than 25%
Location - Corporate HQ
Job Qualifications- Skills
Ability to present data and communicate clearly and effectively -
both to peers and to senior management.
Excellent Excel and Access skills
Track record of being self-sufficient for all real estate strategy
tasks with minor supervision.
Fluent in English
Additional database and business intelligence (BI) skillsets
General office environment requiring ability to:
stand, walk, 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
ability to bend at the knee, crawl
Lift up to 15 lbs.
Keywords: Harbor Freight Tools, Raleigh , Real Estate Strategy Manager - Remote, Executive , Raleigh, North Carolina
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