Manager, Real Estate

About the role

Executes the internal real estate strategy for real estate portfolios. Drives a variety of real estate solutions, including site searches, lease extensions, sublease agreements, relocations, and terminations. Interfaces with operational and functional leaders to help drive real estate decisions.

Responsibilities

• Serves as the primary point-of-contact for internal stakeholders, landlords, property managers, and brokers for all real estate activities related to leasing and property rights matters.
• Manages and tracks expiring lease and option dates. Works with business teams and assists upper management in coordinating decisions for all lease actions, including renewals, relocations, and terminations.
• Participates in the coordination of new location openings and closings.
• Negotiates lease agreements, including language, terms, and rental conditions.
• Assists the business team with site searches and selections. Presents alternatives and recommendations to business team leaders and other stakeholders.
• Uses a lease administration system to track lease data, generate reports and analyses, and manage and administer leases.
• Coordinates with various internal departments regarding real estate matters, such as operations, transportation, finance, environmental health and safety, loss protection, risk, and legal.
• Prepares deal overview documents and financial analyses. Ensures transactions move through the internal lease approvals process.
• Manages surplus property leases, subleases, and divestments.

Qualifications

• Typically requires BS/BA in a related discipline.
• Generally 7+ years of experience in a related field.
• May require certification.
• Advanced degree may offset less experience in some disciplines.

Work environment

• Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable.
• Most of the time is spent sitting in a comfortable position and there is frequent opportunity to move about. On rare occasions there may be a need to move or lift light articles.
• Typically requires overnight travel 20% to 50% of the time.

Nature and scope

• Solutions require analysis and investigation.
• Achieves planned results by decisions and actions based on professional methods, business principles, and practical experience.
• Manages a group or team of professional individual contributors and/or indirectly supervises support staff.