Real Estate Manager

Fred's Pharmacy

(Memphis, Tennessee)
Full Time Travel Required
Job Posting Details
About Fred's Pharmacy
Fred's Pharmacy is America’s favorite hometown discount store. Our vision is to “Put a Smile on Every Customer’s Face.” To achieve this goal, we’re always searching for the right people to become team members.
Summary
The primary responsibility of the Real Estate Manager is to support the strategy in all functions relating to real estate matters for a specific region. The primary goal of this position is to select sites as determined by the Company’s strategic plan, utilizing demographic analysis and market research.
Responsibilities
* Responsible for selecting the locations and store branding for all new retail locations * Review market data to ascertain new store potential * Partner with and direct a team of outside developers to implement company-wide real estate and site strategies, while contributing meaningfully to the Company’s EBITDA margin and other financial objectives * Works within an annual business plan and operating capital budgets. * Regional location review and travel required * This is not a construction or realtor position
Ideal Candidate
**Knowledge and Skills:** * Minimum of 5 years experience in real estate multi-unit site selection, preferably in a retail environment * Must have strong negotiation and leadership skills * Direct experience managing a regional new store rollout of 20+ stores yearly * Proven track record in managing multiple projects simultaneously in different geographical areas * Qualified applicants must have experience analyzing and selecting retail establishments in a multi-state region (specifically southeast) * Must be highly experienced in analyzing market data and selecting the proper store format based on consumer analysis, geographic factors, and store analytics. * Experience in multiple format retail stores, preferably in discount retail/pharmacy sector in small to medium markets * Computer literate, detailed oriented, self-starter, strong communication skills and special proficiency in Microsoft Excel **Education:** * Master’s Degree in relevant field preferred, Bachelor’s degree strictly required
Compensation and Working Conditions

Working Conditions

Travel 50%

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