Director of Real Estate

MRINetwork Jobs

Houston, Texas

JOB DETAILS
LOCATION
Houston, Texas
POSTED
30+ days ago

Director of Real Estate

Location: Company Headquarters, Houston, Texas

Reports to: Chief Retail Officer

 

The Role

The Director of Real Estate is a senior development leader responsible for advancing the retail growth strategy across new store development, relocations, and remodel initiatives.

 

Based in Houston, this role leads the execution of the development pipeline — transforming strategy into openings.

 

You will oversee projects from site identification through entitlement, construction partnership, and opening — ensuring disciplined capital deployment and predictable milestone progression.

 

This is a leadership role for a hands-on operator who thrives in a growth environment and knows how to move projects forward in complex retail ecosystems.

 

What You Will Own

  1. Development Pipeline Execution
  • Manage a portfolio of NTI builds, relocations, and remodel projects.
  • Advance projects through defined stage gates from site control to opening.
  • Partner with Finance to support underwriting and capital approval packages.
  • Maintain 12–24 month forward visibility on active projects.

You are accountable for project progression — not just activity.

  1. Market Intelligence & Site Strategy
  • Identify coverage gaps and trade area opportunities.
  • Evaluate demographic trends, traffic patterns, and competitive positioning.
  • Work closely with brokers to source high-quality development opportunities.
  • Support multi-year market planning efforts.

The Director translates growth strategy into viable, finance-ready opportunities.

  1. Cross-Functional Project Leadership
  • Coordinate with construction, operations, fuel, marketing, and legal teams.
  • Drive alignment from feasibility through opening.
  • Ensure design and development standards are upheld.
  • Anticipate risk and proactively surface solutions.

You serve as the connective tissue between strategy and execution.

  1. Remodel Program Leadership
  • Prioritize remodel projects aligned to ROI thresholds.
  • Partner with operations to define scope and value creation.
  • Track performance of remodeled locations versus projections.
  • Help evolve remodel strategy through field insight.

Remodels are not maintenance — they are performance investments.

  1. Broker & External Partner Management
  • Build and manage broker relationships.
  • Negotiate letters of intent and support contract structuring.
  • Navigate entitlement processes and local regulatory requirements.
  • Represent Par Pacific professionally in market-facing settings.

What Success Looks Like

  • Projects consistently advance through stage gates on predictable timelines.
  • Strong pipeline quality with disciplined underwriting.
  • Clear visibility into upcoming capital needs and project risks.
  • Productive broker relationships generating viable opportunities.
  • High confidence from leadership in execution reliability.

What You Bring

  • 7–10 years of experience in retail real estate, development, or construction.
  • Experience in convenience, fuel, or high-volume retail preferred.
  • Demonstrated experience advancing ground-up or complex retail projects.
  • Working knowledge of entitlements and permitting processes.
  • Financial fluency — ability to understand IRR, payback, and capital prioritization.
  • Strong communication and cross-functional leadership skills.

 

The Profile

You are:

  • Structured and proactive.
  • Commercially minded.
  • Comfortable navigating ambiguity.
  • Skilled at balancing persistence with collaboration.
  • Motivated by seeing projects move from dirt to doors open.

Growth Path

This role is designed as a key leadership position within the development organization, with the opportunity to scale scope as the retail footprint grows.

About the Company

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