B

Bridgestone

Manufactures tires and rubber products globally

Director Real Estate Development

Real Estate DevelopmentUpdated on Nov 5
Full-timeUnited StatesNo salary listedIn-person

About the Job

Requirements

  • A minimum of 10 years of progressively responsible retail real estate development experience, preferably within a large, multi-site retail organization, including at least 5 years of experience leading real estate professionals.
  • A bachelor's degree in business, finance, real estate, law, or a related field.
  • Proven experience leading site selection, deal negotiation, and execution of a high-volume retail development pipeline.
  • Strong financial acumen and understanding of real estate investment metrics, including internal rate of return (IRR), payback, and return on invested capital (ROIC).
  • Demonstrated leadership, negotiation, decision-making, and problem-solving skills.
  • Strong industry relationships among developers, brokers, landlords, and other real estate professionals.
  • Detailed knowledge of leases, purchase agreements, letters of intent, due diligence materials, and real estate financial analysis.
  • High level of proficiency with Microsoft Word, Excel, PowerPoint, and real estate technology platforms.
  • If hired, the employee must complete Form I-9 Employment Eligibility Verification at the start of employment. Temporary work authorization or the need for sponsorship may disqualify the employee from employment.

Responsibilities

  • Lead execution of BSRO’s multi-year new store development strategy, translating network growth objectives and market priorities into an actionable development pipeline.
  • Lead and develop the Real Estate Development team, establishing clear priorities, performance expectations, and accountability for new store delivery.
  • Direct site identification and selection within prioritized markets, ensuring opportunities align with growth strategy, market demand, demographics, traffic patterns, retail synergy, competition, and operational requirements.
  • Manage the development pipeline from initial site identification through Real Estate Committee approval and transition to construction, ensuring projects advance efficiently and achieve established timelines.
  • Oversee evaluation and negotiation of leases, purchase agreements, letters of intent, and other real estate transactions supporting new store development.
  • Ensure proposed new store investments meet established financial return thresholds, including IRR, payback, and ROIC, and provide clear recommendations regarding investment opportunities.
  • Partner with Market Research and Strategy to leverage market intelligence, sales forecasting, demographics, competitive analysis, and other data to prioritize markets and evaluate site opportunities.
  • Review and challenge site recommendations, deal structures, financial assumptions, and development risks before presentation for approval.
  • Drive consistent development processes, standards, and best practices across regions while maintaining flexibility to address individual market and transaction requirements.
  • Monitor development pipeline performance, identify risks and barriers to delivery, and implement solutions to maintain new store growth objectives.
  • Partner closely with Construction to ensure effective handoff of approved projects and alignment on site conditions, development requirements, schedules, and capital considerations.
  • Collaborate with Operations, Finance, Legal, Construction, Market Research and Strategy, and other internal partners to coordinate evaluation and execution of new store opportunities.
  • Cultivate and maintain strong relationships with developers, brokers, landlords, property owners, and other external partners to build a robust pipeline of high-quality real estate opportunities.
  • Support the Executive Director in preparing for Real Estate Committee meetings, long-range development planning, capital forecasting, and other strategic real estate initiatives.
  • Ensure compliance with applicable zoning, entitlement, and regulatory requirements, BSAM code of conduct, and established real estate policies and procedures.
  • Foster a collaborative, high-performing, and customer-centric culture focused on accountability, talent development, problem-solving, and execution.

About the Company

Bridgestone

Manufactures tires and rubber products globally

Bridgestone is a global manufacturer and seller of tires and rubber products for passenger cars, trucks, buses, aircraft, and construction/mining vehicles, along with a diversified line of industrial rubber and chemical products. Its tires and related products work by using rubber compounds, treads, belts, and inflating systems to provide grip, stability, and load support for different vehicles; the company combines product development with a broad distribution network to reach customers worldwide. Compared with many competitors, Bridgestone differentiates itself through its large, worldwide reach and its integrated portfolio that spans consumer tires, industrial rubber, and chemical products, all aimed at delivering reliable mobility solutions. The company's goal is to be a leading global supplier of tires, rubber and chemical products that support safe and efficient transportation across various industries and regions.

Company size
501-1,000
Company stage
IPO
Headquarters
Tokyo, Japan
Founded
1931

Recently Posted Jobs

Explore more opportunities at Bridgestone

See more jobs