Senior Director, Real Estate

Five Below

Sr. Director, Real Estate overseeing comprehensive market plans and asset management functions for Five Below's retail stores.

Posted 5/20/2026full-timeRemote • California • 🇺🇸 United StatesSeniorWebsite

About the role

Key responsibilities & impact

Manage execution of a comprehensive and strategic real estate market plan throughout entire real estate lifecycle for assigned region
Ownership of a core function/process within Real Estate Department
Develop & execute annual strategic initiatives
Own annual budget (if applicable) while managing expenses throughout fiscal year
Collaborate closely with Real Estate Managers, Master Brokers (if applicable), local broker teams & Manager of Analytics to develop, refine and execute market plan
Collaborate closely with construction, design, facilities, finance and portfolio management to ensure successful store launch from site identification, to opening and throughout the store lifecycle
Develop strong working relationships with peer leaders in construction, design, lease administration, legal & operations
Responsible for approval of site selection of new store locations in assigned region
Effectively manage broker representation in assigned region to maintain required standards for executing new store growth plans
Actively coach/mentor all direct reports to support their career progression & expand their capabilities
Conduct executive team field tours with key stakeholders for review of potential and existing locations
Work closely with legal counsel & dealmakers on lease negotiations in assigned region

Requirements

What you’ll need

Bachelor’s Degree or Master’s Degree in Business Administration or real estate/finance related concentration is preferred
12+ years of experience in retail real estate field is required
8+ years’ experience negotiating leases, contracts, and similar documents
8+ years previous experience in asset management based function for a national/regional retailer and/or retail focused commercial developer
Strong understanding of real estate practices and related legal principles
Must be able to travel as needed

Benefits

Comp & perks

Health coverage
Financial wellness support
Personal wellness support

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

real estate market planbudget managementlease negotiationasset managementsite selectionstrategic initiativesmarket plan executionfinancial analysiscontract negotiationstore lifecycle management

Soft Skills

collaborationrelationship buildingcoachingmentoringleadershipcommunicationteam managementstrategic thinkingproblem solvingstakeholder engagement

Certifications

Bachelor’s DegreeMaster’s Degree