Director of Acquisitions
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.
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.
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.
Broad Reach Retail Partners is an entrepreneurial company, offering an upbeat, energetic atmosphere.