Real Estate Manager
As Real Estate Manager, you will research, analyze and work on projects such as site selection, existing property matters and excess property disposition.
What You'll Do
- 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
What Skills You Have
Required
Bachelor's Degree, preferably in Real Estate, Finance or Business Administration10+ years of experience in the retail / shopping center development industry in a position that plays a role in delivering strategic, long-term transactionsMicrosoft Office (especially Excel)Experience either in sourcing suitable retail land parcels or negotiating business or legal aspects of complex real estate transactionsAbility to work as part of a team and interact effectively with othersStrong written and verbal communication skillsWorking knowledge of financial analysisPreferred
Ability to deal with ambiguityPrior negotiating experienceSpecial Requirements
Travel 15-30% of time