Real Estate Manager

Job Summary

Core & Main is immediately seeking an experienced Real Estate Manager to support our real estate expansion strategy (Greenfields) and high volume of lease related transactions across the US.

Key Responsibilities

• Evaluate market strategy and lead site selection process for projects in assigned territory
• Manage high volume deal flow, negotiating leases, purchases, and build-to-suits under demanding timeframes for Greenfields, in-fill growth, relocations, renewals and other lease-related agreements
• Work with internal and external legal counsel in preparing and reviewing real estate related legal documents, managing review and execution in an efficient and timely manner
• Effectively communicate expectations, requirements, and status of deals to key business partners – both internal and external
• Develop and maintain strong working relationships with internal and external cross functional partners throughout the lifecycle of the real estate deal
• Ensure all deals flow through required approval processes
• Manage critical lease dates and portfolio strategy for assigned territory
• Provide real estate thought leadership to field leadership partners in assigned territory
• Exercise high level of critical thinking and problem solving when solutioning for branch operation needs as it pertains to Real Estate
• Foster relationships within the Real Estate development community (i.e. Landlords, Developers)
• Maintain an evolving working knowledge of economic factors impacting industrial real estate

Qualifications & Requirements

• Bachelor’s and/or master’s degree in relevant area of study (business, real estate, finance, economics)
• 3-5+ years of corporate real estate transaction experience within a similar multi-site operating company or real estate services firm focused on a high velocity of annual transactions in multiple states/regions
• Demonstrated skills in the areas of lease and contract negotiations with specific experience in ground-up developments and Build to Suit (BTS) projects
• Working knowledge on crafting LOIs, understanding lease clauses and their impact to the organization from a legal/risk perspective and a lease administration perspective
• Working knowledge on standard real estate calculations and underwriting principles (i.e., amortizations/straight-lines, cap rates)
• Proficiency with real estate principles as well as legal terminology and provisions in standard commercial leases
• Exceptional ability to gather, analyze and present demographic and financial data in executive level reports
• Ability to discern and drive the best financial outcome, including assessment of lease options, and evaluation of relocation opportunities
• Excellent planning, organization, and time management skills; Effective resource management and project management skills
• Strong ability to identify and solve ambiguous problems
• Prowess as a self-starter who sets aggressive goals and consistently gets results
• Proficient with MS Excel, Word and PowerPoint
• Continued focus on learning and growth within the RE industry, including conference participation and networking