National Real Estate Development Lead

Ace Hardware

Chicago (IL)

On-site

USD 138,000 - 176,000

Full time

4 days ago

Be an early applicant

A complete application in a minute

Tailored resume and cover letter, ready to send.

Get past ATS filters

Job summary

Ace Hardware seeks a National Real Estate Development Manager to lead real estate strategy and development, sourcing and evaluating prime retail sites, and negotiating terms to drive nationwide growth for Ace retailers.

You will coordinate with New Business leadership, Market Development Managers, brokers, landlords, and developers to build a robust national pipeline, perform rigorous site analyses, and deliver data-driven recommendations to support store openings.

Qualifications

Bachelor’s degree in Business, Real Estate, Finance, Urban Planning, Economics, or a related field.
Minimum of seven years of commercial retail real estate experience, with demonstrated experience in site selection, commercial leasing, landlord negotiations, retail development, and market analysis.
Expertise in market analysis, retail site selection, lease negotiation, deal structuring, occupancy-cost and deal-economics analysis, comparative site analysis, financial modeling, ROI assessment, site productivity forecasts, pipeline reporting, CRM discipline, and location intelligence and reporting tools such as Sitewise and Salesforce.
Ability to build and manage national relationships with brokers, landlords, developers, REITs, shopping center owners, and real estate disposition firms, and to influence without authority across New Business Leadership, Market Development Managers, retailers, Legal, Finance, Retail Operations, and external partners.
Excellent communication and presentation skills, including the ability to prepare clear site recommendation packages and present findings to senior leadership and retailers.
Ability to travel extensively throughout the United States, with 40–60% national travel.
Demonstrated ability to build, manage, and measure a national real estate pipeline; establish broker- and market-level performance metrics; identify gaps and bottlenecks; and use data, accountability, and cross-functional influence to increase the quantity, quality, and velocity of qualified sites advancing toward new store development.
Strong strategic thinking, real estate negotiation, retail site selection, business acumen, financial analysis, relationship-building, presentation, and communication skills, with the ability to influence without authority.

Responsibilities

Own the national strategy and execution for proactively sourcing qualified real estate opportunities that increase the number, quality, and velocity of sites available for Ace Hardware new store development.
Lead site selection and market analysis using Market First Strategy, demographic, traffic, psychographic, competitive, retail performance, and location intelligence data to evaluate urban, suburban, rural, infill, redevelopment, and new construction opportunities.
Partner with New Business leadership and Market Development Manager leadership to translate Ace growth priorities into actionable broker assignments, market searches, and real estate deployment strategies.
Establish, manage, and continuously evaluate Ace Hardware's national network of local tenant representation brokers, including broker selection, onboarding, market coverage, performance expectations, accountability, communication cadence, relationship management, and replacement of underperforming brokers.
Develop and maintain a national real estate pipeline and inventory of potential store locations, proactively identifying second-generation retail locations, grocery-anchored centers, redevelopment projects, urban infill opportunities, new construction projects, retail vacancies, major retailer closures, bankruptcies, portfolio dispositions, and emerging development opportunities.
Coordinate cross-functionally with New Business Leadership, Legal, Finance, Retail Operations, Sitewise, Salesforce, external brokers, and consultants to support the transition from site identification through lease execution and activation, maintain pipeline visibility and reporting accuracy, and identify bottlenecks, stalled searches, broker performance issues, landlord delays, and other barriers affecting speed-to-site.
Ownership of developing and executing correction action plans to improve site flow and speed-to-site.
Prepare and present financial, site, and decision-support analyses to senior leadership, MDMs, and retailers, including occupancy cost assessments, comparative site analyses, deal economics, site productivity forecasts, ROI considerations, and fact-based recommendations that help independent business owners evaluate real estate risk and investment decisions.
Own or heavily influence national real estate process standardization for broker engagement, site submissions, market tours, comparative site analysis, LOIs, site recommendation packages, retailer decision support, and cross-functional handoffs to create consistent execution across MDMs, brokers, and priority markets.
Support lease negotiation and deal structuring through the local tenant broker network, including LOIs, lease negotiations, renewals, purchase agreements, ground leases, and build-to-suit opportunities.
Evaluates and recommends terms related to base rent, tenant improvement allowances, free rent, CAM charges, renewal options, exclusivity, signage rights, and co‑tenancy provisions.
Develop a national landlord and developer account strategy by identifying high-value national and regional ownership groups, REITs, developers, shopping center owners, and disposition firms, then creating intentional engagement plans to generate portfolio-wide and off‑market opportunities, making Ace Hardware a top national retail tenant of choice.