Senior Real Estate Market Research Analyst

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Job Details: The Senior Real Estate Market Research Specialist is responsible for compiling and analyzing data to support strategic growth initiatives across the organization. This role evaluates store performance and location attributes to inform decisions related to new store openings, relocations, lease renewals, and closures. It also supports enterprise-wide strategy by identifying trends and providing insights related to store location performance. The position includes regular reporting and tool development to aid decision-making for the Real Estate team and senior leadership. Essential Responsibilities Research and analyze demographics to determine appropriate trade areas and Retail Trading Zones. Present detailed graphical representation of compiled data with actionable summary. Assist in the development of predictive models that are produced as the result of identifying the fundamental, underlying interactions of store performance and the demographic/psychographic profiles of the core customer base. Use analysis of existing store and their associated customer loyalty data in order to interpret and predict expected store decision outcomes (new store, relocations, renewals & closures). Participate in periodic real estate inspection trips with brokers to further deepen market understanding. Compile REC and/or RE tour materials with assessment of potential store sites. Participate and answer questions as needed during REC, and track questions that may arise that may require further analysis. Create and maintain maps for senior level assessment of market data. Identify and communicate potential risks related to real estate decisions using best in class RE tools. Collect and analyze competitor and industry data to provide in-depth analysis of new market opportunities. Provide ad hoc analysis for leadership with relation to operations results, financial data, industry trends, etc. Gather field data (queries, tables, etc.) and develop effective reporting mechanisms. Collect and analyze forecasts from new store presentations (Forecasts include metrics such as: Sales, IRR, ROI, Payback etc.) against actual sales and measure to see how forecasts compare to actual performance. Build out all Capital KPI overview for all new site projects that come into monthly Real Estate Committee. (Partnering with FP&A). Build and maintain on a period-by-period basis several different Excel based tools. (Examples include: Lease Summary, Trade Area Cannibalization report, Trade Area Sales transfer report, Historical Sales Calculator, Buyout Scenario Report). Assist in pulling together Store P&L comparisons when closing, renewing or relocating a store. Complete all required training modules and certifications prior to the due date. Ensure all safety policies and procedures are followed to ensure a safe work environment for all. Communicate professionally with all internal and external contacts. Follow all Company policies and execute Company standards on appearance and functionality as well as appropriate brand representation. Communicate any concerns or issues to leadership to ensure proper efficiency of department and company operations. Assist the asset management team with updating the critical dates tracker, complete weekly checks of OND, LED, and Kickouts for upcoming renewals and research lease clauses as needed. Assist the asset management team in providing closure approvals 180 days out to select teams for planning purposes: Finance, IT, Accounting, Lease Admin, and Marketing. Non-Essential Responsibilities Execute company initiatives and other activities requested by supervisor. Update job knowledge by participating in educational opportunities. Contribute ideas on ways to optimize or improve the team, the department, and the Company. Education High School diploma or equivalent preferred. Bachelor's Degree Business Administration, Geography, Finance or Mathematics required, or the equivalent combination of education, training and experience that provides the required knowledge, skills, and abilities preferred. Professional Experience 2+ Years Relevant professional experience preferred. Skills List Manages multiple tasks at one time; quickly and accurately shifts attention among multiple tasks under distracting conditions without loss of accuracy or appearance of frustration. Reads, writes and speaks fluent English, using appropriate grammar, style and vocabulary. Correctly spells commonly used English words and job specific terms. Demonstrates a systematic approach in carrying out assignments. Is very orderly and excels at cutting through confusion and turning chaos into order. Demonstrates a strong ability to identify, analyze and solve problems. Decisive in handling difficult problems. Translates problems into practical solutions. Accurately and consistently follows instructions delivered in an oral, written or diagram format. Can provide directions. Exhibits solid understanding of spatial thought processes, analytics, and statistics. Ability to add, subtract, multiply and divide, and to compute rate, ratio and percent; ability to convert units of measurement. Solid understanding of statistical analysis required, advanced statistical modeling skills preferred. Comfortably and confidently uses a computer and specialized software. Microsoft Word, Excel, Access, Outlook, etc. Advance level Geographic Information Systems (GIS) skills are prerequisite for consideration. Demonstrates a strong ability to identify, analyze and solve problems. Unusually decisive in handling difficult problems. Translates problems into practical solutions. Ability to effectively produce quality work under tight deadlines and stressful situations. Knowledge Microsoft Office Products Advance level Geographic Information Systems (GIS) skills required with QGIS or Siteseer (or similar GIS Platforms) coding ability preferred California Residents We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the California Fair Chance Act, the City of Los Angeles Fair Chance Initiative for Hiring Ordinance, and the Los Angeles County Fair Chance Ordinance, where applicable. #LI-Remote Benefits Included: Excellent career growth opportunities through on-the-job training and development programs 401(k) with employer matching Mental health and life resources Medical, dental, prescription, and vision plans Get paid on-demand Base pay or uncapped commission Employee discounts on Mattress Firm sleep products and accessories Compensation: Competitive pay range $64,000 - $84,000 of per year * depending on qualifications and experience. For eligible Leadership and individual contributor roles, additional bonus opportunities may be available and awarded at the discretion of the Company. *Pay amount does not guarantee employment for any particular time. Legal authorization to work in the United States without the need for sponsorship. We require proof of eligibility to work in the United States. EOE/Vet/Disability Now don't fall asleep out there. The sooner that we receive your application, the sooner you are to the career of your dreams! Ready to apply? Mattress Firm is accepting applications until: . Diverse Candidates are Encouraged to Apply. Mattress Firm is an equal employment opportunity employer and is committed to maintaining a non-discriminatory work environment and does not discriminate against any applicant or employee for employment based on race, color, religion, sex, national origin, age, disability, veteran status, marital status, sexual orientation, gender identity, or any other characteristic protected by applicable law. Mattress Firm is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. #LI-Remote What gets us out of bed every morning? Helping people sleep well to live well. As Americas largest specialty mattress retailer, were committed to recruiting and hiring those who share our passion for making a difference every day. In just under 40 years, Mattress Firm has grown to more than 2,400 stores nationwide, supported by a team of more than 6,000 Sleep Experts® whove helped millions of people achieve better sleep. Our common goalto help others get great zzzsunites us, no matter our differences. Its no surprise that we were named one of Newsweeks Most Loved Workplaces of 2024! We are Mattress Firm. And this is what we wake up for.