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Retail

Acquisitions Director

Phoenix, AZ  •  Full Time

Job Description

The Acquisitions Director will assist with ground up retail development opportunities throughout the assigned region as designated by the company or specific clients. The Acquisitions Director's primary role will be to assist the Senior Vice President in the sourcing, researching, underwriting and development of ground up retail development opportunities in the region. The Acquisitions Director will contribute to the company’s success by initially providing support for newly sourced ground up retail development projects, which will include strategic planning, market analysis, financial underwriting, initial site due diligence, property entitlements, LOI, lease and purchase agreement negotiations and promoting the company’s growth in the region. In time, the goal for the Acquisitions Director position will be to transition into a role within the company that allows the Acquisitions Director to source, develop and lead all aspects of projects in various markets throughout the region.

Responsibilities:

  • Create financial pro-forma investment models for prospective deals and manage pro-forma models for existing deals.
  • Obtain market data for all prospective deals.
  • Assist, initiate and/or direct the preparation and negotiation of letters of intent, leases and purchase agreements for assigned projects.
  • Communicate all updates, issues and risks affecting the projects to the Senior Vice President of the Region.
  • Communicate project status to project team members and stakeholders accurately and on time.
  • Assist, initiate and/or direct the entitlement process associated with assigned projects.
  • Assist in the management of the due diligence process in order to ensure that all development risks are identified and managed appropriately.
  • Work efficiently in a team of professional partners and consultants to ensure effective project delivery.
  • Support development efforts by working closely with other departments within the company to advance assigned projects.
  • Perform other duties as assigned.

Qualifications:

  • Minimum of 3 - 5 years’ experience in Commercial Real Estate with a strong preference in retail development.
  • Four-year college degree in Business/Real Estate or equivalent experience.
  • Proven experience in market analysis and site selection for retail projects.
  • Prospecting, deal making, and negotiating experience.
  • Local and regional market knowledge and contacts preferred.
  • Experience with financial analysis, underwriting, and transaction management.
  • Strong communication, interpersonal and presentation skills.
  • The desire to work in an environment built around a culture of collaboration, integrity, and accountability with a strong sense of urgency. Must have a high degree of self-motivation.


At Thompson Thrift, we work to fulfill our mission daily 'to positively impact our team members and the communities we serve.' As a successful, 30+ year development and construction company, we are looking for team members who are inspired by our mission and share our core values of leadership, excellence and service. Our property management teams work in a fun, fast-paced work environment and have tremendous room for professional growth. Full time position with benefit package including health insurance, vision, dental, short and long-term disability, 401K and paid time off.  

Are you ready to join our team?