Real Estate Development Retail Manager
Banneker Ventures, LLC · Silver Spring, MD · 2 mo ago
On-siteBusiness DevelopmentFull-time
Responsibilities
- Identify and evaluate potential retail tenants/concepts through market research and site visits to support eretail lease up for portfolio projects
- Lead due diligence on potential retail tenants in consideration for our developmet projects
- Lead negotiations of leases, purchase agreements and others legal documents for retail tenants in collaboration with legal and real estate teams.
- Lead design for retail spaces during the predevelopment phase of portfolio projects to ensure that appropriate elements are captured to attract world-class retailers
- Cookordination with internal departments and external vendors to manage TI buildout including store design, construction, and merchandising setup.
- Develop and maintain project timelines, budgets, and status reports to ensure timely and cost-effective store openings.
- Monitor competitive landscape and consumer trends to recommend adjustments in retail development plans.
- Build and maintain strong relationships with landlords, local authorities, and community stakeholders to facilitate smooth project execution.
- Provide leadership and guidance to junior team members and collaborate with development managers to support operational readiness.
Qualifications
- Minimum of 5 years of experience in retail development, real estate, or a related industry.
- Proven track record of successfully managing retail site selection and store openings.
- Strong negotiation skills and experience managing lease agreements and vendor contracts.
- Excellent project management skills with the ability to manage multiple projects simultaneously.
- Experience working within a national retail chain or franchise environment.
- Familiarity with construction management and retail store design principles.
- Knowledge of local zoning laws, permitting processes, and regulatory compliance.
- Proficiency with project management software and geographic information systems (GIS).