IT'SUGAR

Real Estate Manager


PayCompetitive
LocationFort Lauderdale/Florida
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: 490694

      IT’S Fun, IT’S Flexible, IT’S Entertaining, IT’S Bringing the Fun Back into Retail

      Want to be part of a fast-growing and SWEET company? Join the Team at our Home Office located in Downtown Fort Lauderdale!

      The position is a hybrid role!


      Who we are...

      IT’SUGAR was founded to create an environment that fosters the greatest feeling of happiness and humor; that allows you to smile and laugh out loud without judgment. Expanding rapidly, with over 100 locations nationwide, IT’SUGAR aspires to a future where everyone has access to the pure joy that comes from indulging in a world with fewer rules and more sugar.

      There are three major things that differentiate IT’SUGAR from other candy retailers. One is the product – an unconventional twist on traditional candy store goods that focus on the humorous and outlandish. Second is the ambiance – full of bright colors, loud music, and lighthearted rebellion. Third is the people – passionate, optimistic, and energetic.

      The Real Estate Manager is responsible for the tracking and negotiation of all lease agreements for our retail stores. The Real Estate Manager will play a lead role in our current and future store locations by working with management and external lease brokers to ensure all of our stores are in optimal locations.


      What you’ll do? IT’S Exciting!


      • Work with national real estate advisors/ brokers on reviewing and analyzing new store opportunities.
      • Manage LOI and lease negotiations through lease execution, in support of VP Real Estate. Must have related experience in tenant (retail or restaurant) real estate department with high leasing volume.
      • Perform market analysis and compare forecasted store performance to the existing portfolio and adjacent tenant performance.
      • Perform real estate proforma analysis. Must have a solid foundation in real estate finance and be proficient in Microsoft Excel.
      • Responsible for preparing all Real Estate Committee investment presentations. Collaborate with construction, finance, and operations teams to compile presentations. Must be proficient in Microsoft PowerPoint.
      • Oversee lease administration including tracking key dates, lease abstracting, lease renewals, and terminations. Also, work with finance on reviewing rent reconciliations.
      • Prepare reporting for internal and external stakeholders including store openings, closings, and real estate leasing activity.
      • Coordinate collection of tenant improvement allowances, and coordinate lease/ landlord obligations such as Certificates of Insurance, estoppel agreements, new vendor setup, database record setup, etc.…
      • Report to VP of Real Estate


      What you need to join the fun! (besides SUGAR)


      • Bachelor’s degree in real estate, finance, business, or a related area.
      • 5+ years of related retail real estate experience. Preferably in a high-growth retail environment.
      • Advanced knowledge of Microsoft Office suite (PowerPoint, Excel, Word). The candidate will be required to submit examples of excel models prepared and demonstrate proficiency.
      • Ability to analyze complex lease documents. Basic knowledge of lease provisions and real estate law.
      • Wrike, project management software (no prior experience required)
      • Effective writing skills and ability to present information in a compelling format, as well as verbal interpersonal/communication skills.
      • Strong organizational skills, with the ability to prioritize and manage multiple projects simultaneously.
      • Must show tact, discretion, confidentiality, and good judgment in handling sensitive and confidential matters and documentation.


      What’s in it for you? IT’S Even Sweeter

      • Hybrid Work Schedule
      • Career Growth Opportunities
      • Training and Development
      • 30% Employee Discount
      • Perk Spot (Discount travel, events, etc.)
      • Fun at Work! Socials and Happy Hours monthly
      • 401k with company match after 12 months
      • Full Time Only
        • Medical, Dental, Vision
        • Paid Time Off
        • Health Savings and Flexible Spending Account

      Let’s get Social! IT’S Cool


      Join us in bringing the Fun Back into Retail!

  • About the company

      IT’SUGAR is a trendy candy store specializing in innovative sweets, fun novelty gifts, and giant candy. Shop at ITSUGAR.com for candy and novelty gifts from Hershey's, Sour Patch Kids, Chupa Chups, Jelly Belly, and more.