3 days old

Director, Real Estate (West Geographical Lead)

Deerfield, IL
  • Job Code
Director, Real Estate (West Geographical Lead) at WALGREENS

Director, Real Estate (West Geographical Lead)

Job ID 62417BR Location 106 WILMOT RD , DEERFIELD, IL
Job Summary
Responsible for directing, formulating, and managing the development and implementation of programs and activities related to Company retail real estate properties for an assigned geographic region with internal Real Estate Portfolio Managers and through the Company’s external partner(s). Manages external partner’(s) production and reviews all Corporate real estate transactions to assure that interests of the company are protected and projected cost-savings are realized. Makes recommendations to the Real Estate Committee regarding all Corporate real estate transactions and investment and liquidation plans.

Job Responsibilities
  • Leads, reviews, develops, and recommends the Company's investments in real estate properties through Regional Real Estate Portfolio Managers (REPM’s) ; directs the company’s external partner in the acquisition, development, and sale or lease of all properties within assigned geography.
  • Directs the Corporate expansion program, for an assigned region, to include the purchase of facilities and/or property for the addition of new points of care for Drugstore and Specialty Local Rx locations.
  • Controls and coordinates all Company real estate development projects, and works in cooperation with the team of Regional Real Estate Portfolio Managers (REPM’s), Facilities Planning and Design, the Construction and Facilities Management, and the Law Departments to assure timely openings of facilities within budget constraints and in conformance with lease agreements. Resolves problems regarding Company departments, developers, and landlords.
  • Makes recommendations for the formulation of the strategies and operating plans for specified region. Implements new and revised marketing penetration plans and procedures to assure optimal return on investment for new and existing locations.
  • Reviews, approves, and directs the negotiations of all new and existing Company owned and leased properties, based on the corporate expansion program. Provides leadership on difficult real estate negotiations. Reviews and approves all proposed new locations prior to submission to the Real Estate Committee, to include site inspection and review of rental factors. Recommends site plan changes and improvements to rental terms and conditions.
  • Directs the execution of lease documents for all new retail facilities, and lease extensions and amendments required for existing facilities. Approves lease changes prior to execution. Identifies, analyzes, and recommends the disposition of idle and unused properties. Establishes the effective use of space and disposes of closed drug stores and the most efficient manner possible.
  • Accountable for budget and execution of development projects within assigned region. Provides input for the preparation of the Capital Budget regarding real estate activities, plans, and programs for assigned region.
  • Manages special real estate projects to provide Corporate divisions with necessary service and support facilities; and furnishes information, advice, and assistance to Company departments to effectively comply with lease terms.
  • Maintains effective working relationships with all developers, landlords, and other outside contacts.
  • Establishes, approves, and coordinates policies and procedures governing the management of all Company owned and leased real estate retail units.

Walgreens, one of the nation's largest drugstore chains, is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc., the first global pharmacy-led, health and wellbeing enterprise. More than 10 million customers interact with Walgreens each day in communities across America, using the most convenient, multichannel access to consumer goods and services and trusted, cost-effective pharmacy, health and wellness services and advice. Walgreens operates 8,175 drugstores with a presence in all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Walgreens omnichannel business includes Walgreens.com. Approximately 400 Walgreens stores offer Healthcare Clinic or other provider retail clinic services.

As the neighborhood drugstore and retailer, our goal is to make health and happiness simpler, easier and within reach. And we remain a trusted wellness provider offering convenient access to important health services, such as immunizations and an array of pharmacy services that can help patients improve their health. To our team members, Walgreens represents a unique opportunity to excel in their careers in a welcoming and inclusive environment. We offer the chance to work in a truly supportive environment, and be a part of a progressive organization dedicated to the well-being of our customers, team members and the communities we all call home.

Basic Qualifications

  • Bachelor’s Degree and at least 6 years of experience in commercial real estate negotiation, leasing/sales, development, and property management for a retail organization OR a High School Diploma/GED and at least 9 years of experience in commercial real estate negotiation, leasing/sales, development, and property management for a retail organization.
  • Experience evaluating market and development costs and technical construction methods.
  • Knowledge of construction plans and methods.
  • Experience with project management (for example: planning, organizing, and managing resources to bring about the successful completion of specific project goals and objectives).
  • At least 2 years of experience planning, developing, and managing departmental expense and capital budgets.
  • At least 3 years of experience of direct leadership and/or cross functional team leadership.
  • Willing to travel up to 40_% of the time for business purposes (within state and out of state).
  • Master's Degree OR MBA
  • At least 5 years of experience managing teams in a matrixed environment, managing external resources, and/or developing, motivating, and directing people as they work.

Preferred Qualifications

  • Master's Degree OR MBA.
  • At least 5 years of experience managing teams in a matrixed environment, managing external resources, and/or developing, motivating, and directing people as they work.


  • Facilities
  • Legal
  • Marketing
  • Healthcare
  • Real Estate
  • Retail / Wholesale

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Director, Real Estate (West Geographical Lead)

Deerfield, IL

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Deerfield, IL

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