Director Real Estate
Position Overview
Burlington Stores is seeking an experienced and driven Director of Real Estate to oversee site selection, lease negotiations, and execution of 20-25 new store openings and relocations annually within an assigned territory. Reporting to the VP of Real Estate South Region, this role is responsible for identifying and securing high-quality locations that align with Burlington’s strategic growth objectives.
About the Role
The ideal candidate will have deep market knowledge of the assigned territory, strong negotiation skills, and a proven ability to execute deals in a fast-paced, high-growth environment. This individual will also play a key role in fostering Burlington’s culture of collaboration, continuous improvement, and operational excellence.
Responsibilities
- Site Selection & Market Strategy
- Identify, evaluate, and secure prime real estate opportunities that align with Burlington’s expansion goals.
- Conduct market research and analysis to support decision-making and optimize site selection.
- Develop and maintain strong relationships with landlords, brokers, and real estate partners to secure the best possible locations.
- Lease Negotiation & Deal Execution
- Lead negotiations for new store leases, relocations, and renewals, ensuring favorable terms that align with company financial and operational objectives.
- Collaborate with Legal, Finance, Construction, and Store Planning teams to ensure seamless deal execution.
- Manage the real estate approval process, preparing and presenting deal packages to senior leadership.
- Project Management & Execution
- Oversee the full lifecycle of new store openings and relocations, from site identification through lease execution and store opening.
- Work cross-functionally to address site-specific challenges and ensure timely delivery of new locations.
- Monitor and manage project timelines, budgets, and performance metrics to drive efficiency and effectiveness.
- Continuous Improvement & Best Practices
- Stay informed on industry trends, competitor expansion strategies, and emerging retail real estate opportunities.
- Provide recommendations to enhance Burlington’s site selection and deal-making processes.
- Collaborate with peers and leadership to share insights and drive continuous improvement.
- Culture & Leadership
- Foster a positive, collaborative team environment that aligns with Burlington’s core values.
- Demonstrate leadership by mentoring and developing junior team members and supporting a culture of learning and growth.
- Represent Burlington in the real estate community with professionalism and integrity.
Requirements
- 7+ years of retail real estate experience with a strong track record in site selection, lease negotiations, and deal execution.
- Strong market knowledge and understanding of retail expansion strategies.
- Exceptional negotiation and relationship management skills with landlords, brokers, and real estate partners.
- Financial and analytical expertise, with the ability to assess deal economics and make data-driven recommendations.
- Ability to work independently while collaborating effectively with cross-functional teams.
- Excellent communication, presentation, and project management skills.
- Willingness to travel extensively within the assigned territory.
Qualifications
A Day In The Life
- Site Selection & Market Strategy
- Identify, evaluate, and secure prime real estate opportunities that align with Burlington’s expansion goals.
- Conduct market research and analysis to support decision-making and optimize site selection.
- Develop and maintain strong relationships with landlords, brokers, and real estate partners to secure the best possible locations.
- Lease Negotiation & Deal Execution
- Lead negotiations for new store leases, relocations, and renewals, ensuring favorable terms that align with company financial and operational objectives.
- Collaborate with Legal, Finance, Construction, and Store Planning teams to ensure seamless deal execution.
- Manage the real estate approval process, preparing and presenting deal packages to senior leadership.
- Project Management & Execution
- Oversee the full lifecycle of new store openings and relocations, from site identification through lease execution and store opening.
- Work cross-functionally to address site-specific challenges and ensure timely delivery of new locations.
- Monitor and manage project timelines, budgets, and performance metrics to drive efficiency and effectiveness.
- Continuous Improvement & Best Practices
- Stay informed on industry trends, competitor expansion strategies, and emerging retail real estate opportunities.
- Provide recommendations to enhance Burlington’s site selection and deal-making processes.
- Collaborate with peers and leadership to share insights and drive continuous improvement.
- Culture & Leadership
- Foster a positive, collaborative team environment that aligns with Burlington’s core values.
- Demonstrate leadership by mentoring and developing junior team members and supporting a culture of learning and growth.
- Represent Burlington in the real estate community with professionalism and integrity.
Skills
- Deep market knowledge of the assigned territory.
- Strong negotiation skills.
- Proven ability to execute deals in a fast-paced, high-growth environment.
- Financial and analytical expertise.
- Excellent communication, presentation, and project management skills.
- Willingness to travel extensively within the assigned territory.
Benefits
This position offers a competitive salary range of Mid-Mid $150,000.00 - $190,000.00, along with a comprehensive benefits package including medical, dental, and vision coverage, life and disability insurance, paid time off, paid holidays, and a 401(k) plan. Full-time associates are also eligible for paid time off, paid holidays, and a 401(k) plan. We are a rapidly growing brand and provide a variety of training and development opportunities so our associates can grow with us. Our teams work hard and have fun together!
Pay
Mid-Mid $150,000.00 - $190,000.00
Schedule
Full-Time
Remote Type
Remote