Phoenix, Arizona, USA
15 days ago
Senior Director of Real Estate
Overview The Senior Director of Real Estate drives company growth by leading the execution of real estate market plans, securing new store sites, and negotiating lease agreements that align with Sprouts’ long-term strategy. This role oversees site development across multiple markets or a defined region and manages a team of Real Estate Directors and/or Managers. The Senior Director acts as a key partner across internal functions and serves as the escalation point for complex deal challenges, ensuring timely and cost-effective expansion of the store portfolio. #LI-AD1 Overview of Responsibilities Growth & Market Execution Develop market strategy plans for all major markets of how and when we will execute against company plans. Deliver company growth objectives through the strategic execution of market plans and site development. Lead the full real estate lifecycle, from site identification through final lease execution. Ensure each deal aligns with target timelines, quality standards, and financial goals. Select and manage preferred developer(s) for markets overseeing Team Leadership & Cross-Functional Alignment Manage and develop a team of Real Estate Directors and/or Managers. Provide coaching, strategic direction, and performance oversight to ensure executional excellence. Foster a collaborative, high-accountability culture that supports personal and team development. Collaborate with Construction, Legal, Finance, Store Operations, and Executive Leadership to coordinate end-to-end development processes. Align real estate decisions with broader business and operational goals. Develop and build relationships with our key developers and landlords Lead collaboratively with Ops, Construction, legal and research to gain feedback, alignment and speed of delivery Deal Oversight & Escalation Management Oversee deal flow across multiple markets or a region, ensuring pipeline health and velocity. Act as the key escalation point for complex negotiations or deal obstacles involving landlords, brokers, and municipalities. Secure leases with favorable terms, risk mitigation, and strategic alignment. Market Intelligence & External Relationships Analyze market trends, performance data, and competitive activity to inform prioritization and portfolio planning. Adjust strategies to reflect changing market conditions and opportunities. Build and maintain strong relationships with landlords, developers, brokers, and civic stakeholders. Represent Sprouts as a preferred tenant and strategic partner. Operational & Financial Governance Track progress against key metrics, deliver reporting for leadership reviews, and ensure transparency and accountability across the portfolio. Contribute to budget management and long-term capital planning processes. Travel Requirement: Travel 50% for site visits, market tours, team development, and external negotiations. Qualifications Bachelor’s degree in Business, Real Estate, Finance, or a related field required; MBA preferred. 10–15+ years of experience in commercial real estate, with leadership of multi-region portfolios and senior teams. Demonstrated success in retail site selection, lease negotiation, and deal execution. Experience coaching and managing senior-level real estate professionals. Strong cross-functional partnership, stakeholder management, and influencing skills. Advanced capabilities in financial modeling, contract structuring, and performance tracking. Benefits In addition to a rewarding career, Sprouts offers a comprehensive program to help support you and your family. These programs include: Competitive pay Sick time plan that you can use to support you or your immediate families health Vacation accrual plan Opportunities for career growth 15% discount for you and one other family member in your household on all purchases made at Sprouts Flexible schedules Employee Assistance Program (EAP) 401(K) Retirement savings plan with a generous company match Company paid life insurance Contests and appreciation events throughout the year full of prizes, food and fun! Eligibility requirements may apply for the following benefits: Bonus based on company and/or individual performance Affordable benefit coverage, including medical, dental and vision Health Savings Account with company match Pre-tax Flexible Spending Accounts for healthcare and dependent care Company paid short-term disability coverage Paid parental leave for both mothers and fathers Paid holidays Get Paid Every Day! Sprouts Farmers Market offers DailyPay - if you’re hired as an eligible employee, you’ll be able to transfer the money you’ve already earned at no extra cost, and get it the next business day, for free. We offer DailyPay so you don’t have to wait for payday to access the money you’ve already worked for. With DailyPay, you can see how much you’ve made every day and you can transfer your money any time before payday. You can learn more by visiting https://www.dailypay.com/partners/sprouts-farmers-market/. Why Sprouts Grow with us! If you have a passion for inspiring people and a flair for fresh food, consider applying for a job at Sprouts! With a focus on customer service, our neighborhood grocery stores offer high-quality, farm fresh produce, natural meats, plenty of scoop-your-own bulk goods and much more in a fun, friendly, old-fashioned farmer’s market setting. Come grow your career in healthy living with a fast-paced, rapidly growing company and teams that pride themselves on empowering others along their journey. The above statements are intended to describe the general nature and level of the work being performed by people assigned to this work. This is not an exhaustive list of all duties, responsibilities, and requirements. Sprouts’ management reserves the right to amend and change duties, responsibilities, and requirements to meet business and organizational needs as necessary. Sprouts will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of the Fair Chance in Hiring Ordinance. California Residents: We collect information in accordance with California law, please see here for more information.
Por favor confirme su dirección de correo electrónico: Send Email