Director, Real Estate - Hybrid

Sleep Outfitters USA; Frederick (MD); On-site; USD 140,000 - 180,000; Full time

Benefits offered by this job

Competitive compensation

Bonuses

401(k) plan with employer match

Medical, dental, vision

PTO

Career growth

Job summary

Mattress Warehouse is seeking a strategic Real Estate Director to lead nationwide store development and portfolio optimization. You will identify and evaluate new locations, negotiate leases, manage renewals, relocations, and store closures, and partner with executives to align real estate with growth goals.

Strong negotiation, financial analysis, and relationship-building skills are essential in a fast-paced, growing retailer.

Qualifications

• Minimum of five years of experience in lease negotiation and renewal.

Responsibilities

• Lead real estate strategy and execution for new store development.
• Identify, evaluate, and negotiate new retail locations.
• Oversee lease renewals, relocations, and store closures.
• Optimize the existing retail portfolio to support business performance and long-term growth.
• Develop and maintain strong relationships with landlords, developers, and commercial real estate brokers.
• Support market analysis, demographic research, and site selection decisions.
• Coordinate with internal stakeholders throughout the real estate transaction process.
• Manage real estate reporting, analytics, and strategic planning.
• Provide leadership, direction, and oversight to real estate team members.
• Partner with executive and cross-functional teams to align real estate initiatives with company goals.

Skills

Lease negotiation

Portfolio management

Financial analysis

Stakeholder management

Job description

About Us

At Mattress Warehouse , we empower our associates to shape their careers and make a meaningful impact every day. As one of the largest and fastest-growing bedding retailers in the United States, we're dedicated to improving lives through quality sleep. We offer quality products and exceptional service to our customers while supporting the communities we serve and protecting the environment .

Mattress Warehouse is growing!

About Us

At Mattress Warehouse , we empower our associates to shape their careers and make a meaningful impact every day. As one of the largest and fastest-growing bedding retailers in the United States, we're dedicated to improving lives through quality sleep. We offer quality products and exceptional service to our customers while supporting the communities we serve and protecting the environment .

Why Choose Mattress Warehouse?

Joining Mattress Warehouse means becoming part of a team-oriented work environment where your hard work, expertise, and dedication are recognized and rewarded. As we continue expanding across the United States, you’ll have the opportunity to make a meaningful impact on our growth strategy and future success.

What We Are Looking For

We are seeking a highly motivated and experienced Real Estate Director to lead our real estate strategy and execution as Mattress Warehouse continues to expand across the United States.

This role will be responsible for identifying new growth opportunities, evaluating and negotiating retail locations, optimizing our existing store portfolio, and supporting strategic decisions related to new store development, relocations, lease renewals, and store closures.

The ideal candidate is a strategic thinker and relationship builder with strong commercial retail real estate experience, excellent negotiation skills, and the ability to manage multiple transactions and priorities in a fast-paced, growing organization.

What you can expect from us!

• Competitive Compensation Package: Includes a competitive salary, eligibility for bonuses, and a 401(k) plan with a generous employer match to help secure your financial future.
• Comprehensive Benefits: We care about our employees’ well-being and offer medical, dental, vision, short- and long-term disability, basic life and AD&D insurance, recognition programs, and product discounts.
• Generous Paid Time Off: Our PTO package includes vacation, personal, and sick days.
• Career Growth Opportunities: We support professional development through continuous feedback, leadership opportunities, an expansive learning library, and more.
• Meaningful Impact: Help shape the future of a growing national retailer by identifying and securing locations that support our continued success.

Primary Responsibilities

• Lead real estate strategy and execution for new store development.
• Identify, evaluate, and negotiate new retail locations.
• Oversee lease renewals, relocations, and store closures.
• Optimize the existing retail portfolio to support business performance and long-term growth.
• Develop and maintain strong relationships with landlords, developers, and commercial real estate brokers.
• Support market analysis, demographic research, and site selection decisions.
• Coordinate with internal stakeholders throughout the real estate transaction process.
• Manage real estate reporting, analytics, and strategic planning.
• Provide leadership, direction, and oversight to real estate team members.
• Partner with executive and cross-functional teams to align real estate initiatives with company goals.

Preferred Qualifications

• Minimum of five years of experience in lease negotiation and renewal.
• Experience in commercial retail real estate, preferably supporting a multi-location or national retail organization.
• Strong negotiation, financial analysis, and portfolio management capabilities.
• Ability to manage multiple real estate transactions, projects, and priorities simultaneously.
• Strong communication, presentation, and relationship management skills.
• Proven ability to collaborate effectively with internal stakeholders and external partners.
• Strategic mindset with strong attention to detail and follow-through.
• Ability to travel as needed to support market visits, site evaluations, and business priorities.

At Mattress Warehouse, we pride ourselves on being an Equal Opportunity Employer. We embrace diversity and are committed to creating an inclusive environment for all employees, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.

If you're a strategic, results-oriented real estate professional who is excited to help shape the future of a growing national retailer, we want to hear from you.