Real Estate Manager

Overview

As Real Estate Manager, you will research, analyze and work on projects such as site selection, existing property matters and excess property disposition.

• Drive execution of market strategies by actively pursuing new market and relocation market opportunities
• Partner with the site development team to develop an understanding of model development schedule deadlines, site plan process and overall development process
• Leverage external brokerage partners to develop a working understanding of market characteristics, competition, demographics, shopping patterns, and real estate market values in markets throughout the country
• Work with Real Estate leadership, Location Strategies and Analytics teams to formulate store placement strategies
• Partner with Real Estate Finance to facilitate the creation of financial summaries of business deals to be used in market strategy decisions
• Negotiate store rightsize opportunities with landlords and third-party tenants
• Analyze existing lease agreements to identify and recommend leverage points for value add lease amendments
• Assist with negotiating existing property leases, re-negotiating option rents, and evaluating third-party offers to buy or lease surplus property
• Additional tasks may be assigned

• Bachelor's Degree, preferably in Real Estate, Finance or Business Administration
• 10+ years of experience in the retail/shopping center development industry in a position that plays a role in delivering strategic, long-term transactions
• Microsoft Office (especially Excel)
• Experience either in sourcing suitable retail land parcels or negotiating business or legal aspects of complex real estate transactions
• Ability to work as part of a team and interact effectively with others
• Strong written and verbal communication skills
• Working knowledge of financial analysis

• Ability to deal with ambiguity
• Prior negotiating experience

• Travel 15-30% of time