Job Description
Job Description
Company Overview
Broad Reach Retail Partners is a fully integrated retail real estate investment and operating platform focused on creating value for our Partners, Properties, and People. To date, BRRP has repositioned more than 68 shopping centers totaling approximately 6 million square feet, with a strategic focus on grocery-anchored and daily-needs retail, redevelopment, and selective ground-up opportunities.
We are seeking a Director of Acquisitions to lead sourcing, underwriting, and execution of new investment opportunities while building and managing a disciplined acquisition pipeline that supports the firm’s long-term growth strategy.
Role Summary
The Director of Acquisitions is responsible for originating, evaluating, structuring, and executing retail real estate acquisitions that meet BRRP’s investment criteria. This role leads the day-to-day acquisition’s function while collaborating closely with leasing, development, and capital partners to ensure that opportunities are executable, scalable, and aligned with portfolio strategy.
Core Responsibilities:
Deal Sourcing & Relationships
- Proactively source on-market and off-market acquisition opportunities consistent with BRRP’s investment thesis.
- Develop and maintain strong, long-term relationships with investment sales brokers, owners, developers, and local market participants.
- Maintain a robust, trackable acquisition pipeline with clear probability weighting and timing assumptions.
Underwriting & Investment Analysis
- Lead and oversee market-level and asset-level underwriting, including cash flow modeling assessment, sensitivity analysis, and downside risk evaluation.
- Evaluate leasing, redevelopment, and value-creation strategies in collaboration with internal leasing and development teams.
- Ensure underwriting assumptions are supportable, clearly documented, and consistent with BRRP standards.
Transaction Execution
- Lead negotiations with sellers and counterparties from initial pursuit through closing.
- Identify and escalate material risks, timing issues, or structural concerns early in the process.
- Manage the acquisitions team, including analysts, due diligence, attorneys, and third-party vendors
Investment Committee & Leadership
- Prepare and present acquisition opportunities to the Investment Committee, including clear recommendations, risks, and alternatives.
- Provide leadership and accountability across the acquisition’s workflow, ensuring disciplined execution and decision-making.
- Mentor and manage acquisitions team members and analysts, setting expectations for quality, efficiency, and professional growth.
Market Presence & Travel
- Travel regularly to target markets to inspect properties, meet owners and brokers, and develop local market intelligence.
- Represent BRRP at industry events, conferences, and trade shows.
Requirements
Skills and Attributes:
- The successful candidate will demonstrate:
- Belief in our company, project type and themselves.
- Exhibit a curious and inquiring mind.
- Take full ownership of the acquisitions process from sourcing through closing.
- Demonstrate strong judgment, accountability, and decision-making discipline.
- Be a confident negotiator with the ability to balance creativity and risk management.
- Exhibit intellectual curiosity and a proactive, problem-solving mindset.
- Communicate clearly and effectively in writing and in presentations.
- Operate comfortably in a fast-paced, entrepreneurial environment.
- Collaborate effectively across internal teams while maintaining role clarity and accountability.
- Be a team player.
- Be self-motivated.
- Strong writing and verbal skills.
Key Qualifications:
- 5+ years prior acquisition and transaction closing experience.
- Negotiation experience.
- Proven track record of sourcing and closing retail real estate transactions.
- Strong independent underwriting and financial modeling capability.
- Established relationships with retail investment sales brokers and owners.
- Bachelor’s degree in Finance, Real Estate, Business, or related field (MBA a plus).
- Willingness and ability to travel regularly.
Benefits
Compensation & Culture:
- Competitive base salary with performance-based bonus.
- Profit participation opportunities tied to closed transactions and portfolio performance.
- Comprehensive health and dental benefits.
- Hybrid work environment.
- Unlimited vacation after one full calendar year of service.
- 401(k) with company match.
- Team-oriented culture with annual meetings, outings, and family-friendly events