VP, Real Estate and Development

2355 East Camelback Road Phoenix Arizona, 85016

Position Description:

Responsible for scouting and developing successful new locations for purchase through site selection, lease negotiation, market analysis and effective management of internal and external relationships.

Essential Duties and Responsibilities:

• Performs feasibility analysis of potential projects and partners with key stakeholders including finance department, retail clients, food services clients, housing and education clients.
• Negotiates key business points for acquisition of approved sites.
• Analyzes due diligence materials and reports for potential acquisitions.
• Responsible for appropriate creation and management of assigned budget.
• Leads scouting of new locations to purchase for various business lines for both internal and external clients.
• Leads scouting of redevelopment and new development opportunities for all clients and business lines in conjunction with President.
• Analyzes ROI and assists with development proformas for property purchases and sale/leaseback opportunities.
• Reviews and approves change orders for construction related projects.
• Effectively builds relationships with key operations executives in order to analyze targeted trade areas and evaluate solid real estate opportunities.
• Provides final approval and sign off of all Letters of Intent (LOI’s), leases and Purchase and Sale Agreements (PSA’s).
• Works directly with property owners, sellers, municipal representatives and other real estate professionals involved with the development and redevelopment of new locations.
• Attends all trade association events, networking opportunities and speaking engagements as needed and in conjunction with the President or other stakeholders.
• Leads and oversees construction department, meets critical dates and deadlines to ensure client milestones are met.
• Works in conjunction with Real Estate Rep, Real Estate Manager and key stakeholders to identify successful locations and analysis of key indicators.
• Conducts physical inspection of potential locations, including the investigation of all key risk factors (i.e., population, income, access, visibility, competition, co-tenancy, etc.)
• Conducts regular job site inspections and visits all sites under construction, or pre-construction.
• Conducts and attends internal construction meetings.
• Continually participates in preparation and strategizing of long-term growth planning.
• Responsible for performance management (coaching, discipline, performance improvement plans, and annual reviews), staffing, compensation, and development of team members.
• Plays critical role in driving company culture change efforts and change management processes.
• Performs other related duties, as assigned.
  
  

Minimum Qualifications (Education, Experience, Skills):

• Arizona broker license preferred, Arizona real estate license required.
• Minimum of 5 years’ experience in commercial real estate development and acquisition.
• Minimum of 3 years’ experience with lease and contract negotiation.
• Big box retail development experience is required.
• Strong understanding of financial modeling.
• Strong familiarity with MS office, CoStar and DocuSign.
• Excellent organizational, analytical, and communication skills.
• Valid drivers’ license and clean MVR.
• Must maintain auto insurance at all times which is equal to or in excess of the state minimum.
• Ability to pass a background check and drug screen, where applicable for position.
  
  

It’s important to us that all employees thrive personally and professionally. That’s why we offer a range of benefits to support your overall health and well-being, including:

• 5 Medical Plans
• Employer Funded Health Reimbursement Account (HRA)
• 3 Dental Plans
• Vision Plan
• 401K (Immediate participation upon hire)
• Employer Paid Life Insurance
• Employee Assistance Program (EAP)
• Paid Time Off; Sick and Vacation
• Paid Holidays
• These are just a few highlights of our key benefit offerings!
• Some benefits may require a waiting period prior to eligibility.
  
  

At Thrive, we want all employees to bring their “full self” to work. People are different, and so are we. We celebrate creative, diverse thoughts and minds, backgrounds and experiences, and we are building an environment where our employees can not only grow, but thrive.

Thrive Services Group is an equal opportunity employer. Individuals seeking employment are considered without regard to race (including traits associated with race, e.g., hairstyles), color, religion, sex (including pregnancy and related conditions, sexual orientation, or gender identity), national origin, disability, military status, age, genetic information, or any other category protected by applicable federal, state and local fair employment practice laws.

Individuals with a disability may be entitled to a reasonable accommodation under the Americans with Disabilities Act and/or state or local laws. Please contact Thrive Services Group at Recruiting@tsginc.com, if you need assistance or an accommodation due to a disability.

PHISHING SCAM WARNING: Thrive Services Group Inc. is among several companies recently made aware of a phishing scam involving con artists posing as hiring managers recruiting via email, text and social media. The imposters are creating misleading email accounts, conducting remote “interviews,” and making artificial job offers in order to collect personal and financial information from unsuspecting individuals. Please note that Thrive Services Group Inc. only uses company email addresses, to communicate with candidates via email. The company also uses secure tools on our website to receive data from applicants and would never ask them to submit their personal banking information to apply for an open job. If you are contacted by someone about an open job at Thrive Services Group Inc., please verify the domain of the sender’s email address and that they are asking you to apply on this website. If you believe you have been a victim of a phishing scam, please visit the Department of Homeland Security’s Cyber Smart website (https://www.cisa.gov/be-cyber-smart/campaign) to learn how to report it.