Bring your experience to our growing Fortune 500 retail company and certified Great Place to Work! Burlington Stores is a nationally recognized retailer of high quality, branded merchandise at low everyday prices, with over 1200 stores in 45 states and Puerto Rico and we are hiring a Director of Real Estate, Asset Management to be a part of our growth.  As an off-price retailer, we generate more than $10B in sales through our nationwide network of stores.

Our Director of Real Estate, Asset Management, will oversee lease negotiations and execution of 15-20 store downsizes and remodels, annually within assigned territory. Reporting to the Vice President of Real Estate–Asset Management this individual is responsible for identifying opportunities that yield significant occupancy cost improvements, and which transform legacy stores into brand standard prototype as is aligned with Burlington’s strategic development objectives.

Preferred home base location: East Coast; candidates near our corporate offices in Burlington, New Jersey are strongly encouraged to apply

A Day in the Life

• Provide project management and contribute analytical and technical support as a leader within the property development organization.
• Downsizing/Remodeling of Stores
  • Initiate and manage deal-making, including direct negotiations with Brokers, Landlords and Co-Tenants.
  • Coordinate efforts of planning, construction and legal teams by timely communicating transaction requirements and priorities.
  • Secure executive approvals through direct presentations
  • Maintain a pipeline of projects to achieve 5-Year plan goals
  • Assure transactions achieve financial and plan design objectives
  • Track and monitor all internal approvals-reporting and maintain up to date data; advise executive real estate team as needed on transactional progress
• Portfolio Management
  • Leasing: Extensions and terminations, amendments
  • Dispositions: Lease, sublease, sale, condemnations
  • Store Closings: Manage schedule and collaborate with HR, Allocations, Store Ops, RE/Construction (sync relocations)
  • Facilities/Store Planning Projects: Review planned capital projects, assure ROI is justified based on long-term Primary/Secondary strategy
  • Special Projects

You Come With

• Bachelor’s degree in or higher concentration in law, real estate or similar field
• 7+ years’ experience in the retail and/or real estate industry with demonstrated management skills in real estate transactions
• Ability to negotiate complex projects, managing those through approvals and legal documentation
• Experience working with retail real estate transactions, understanding the point of view from both tenants and developers
• Ability to manage a portfolio of approximately 150 retail stores with experience coordinating feasibility planning, brokerage, letters of intent and lease modifications
• Experience with MS Office
• Ability to travel up to 35% visiting stores, corporate offices, attending business meetings & conferences

Come join our team. You’re going to like it here!

You will enjoy competitive wages, flexible hours, and an associate discount. Burlington’s benefits package includes medical, dental and vision coverage including life and disability insurance. 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! Burlington associates make a difference in the lives of customers, colleagues, and the communities where we live and work every day. Burlington Stores, Inc. is an equal opportunity employer committed to workplace diversity.

#LI-JL1