Manager - Real Estate

Prime-Communications; Sugar Land (TX); Sur place; USD 90 000 - 130 000; Plein temps

Résumé du poste

Prime-Communications is seeking a Real Estate Manager to lead site selection, negotiate leases, and manage a growing retail portfolio. You will conduct market analyses, coordinate with brokers and internal teams, and drive occupancy cost savings across a national footprint.

The role requires at least five years of retail real estate experience, strong negotiations, and proficiency with Excel and PowerPoint. Travel up to 30% is expected, with a bachelor's degree required.

Qualifications

• Minimum 5 years of experience in retail real estate representing a large national chain.
• Excellent written and oral communication skills.
• Strong negotiation skills and a proven track record of occupancy cost savings.
• Strong organizational skills and the ability to work in a fast-paced environment with a high volume of annual real estate transactions.
• Strong knowledge of retail leasing concepts, store P&L analysis, store construction practices, and lease clause interpretation.
• Proficient with Excel, PowerPoint, and other Microsoft Office products.
• Ability to travel up to 30% of the time.

Responsabilités

• Execute Prime's real estate strategy from site feasibility through lease signing and store openings.
• Negotiate business terms and letters of intent for new store leases, relocations, renewals, and closures.
• Conduct market tours with brokers and field partners to analyze existing locations and perform due diligence for new sites.
• Develop and manage relationships with landlords, brokers, development partners, and Prime leadership.
• Develop and manage relationships with Prime internal partners in Construction, Legal, Store Maintenance, Lease Administration, Finance, and Store Operations.
• Prepare and present real estate committee packages for deal approval.

Connaissances

Retail real estate

Lease negotiations

Site selection

Relationship management

Excel

PowerPoint

Travel 30%

Formation

Bachelor's degree

Outils

Excel

PowerPoint

Description du poste

As a Real Estate Manager, you will play a critical role in identifying, negotiating, and securing prime retail spaces for our stores. Your expertise in shopping center leasing will be instrumental in expanding our retail presence and ensuring that each location reflects our commitment to providing outstanding customer experiences.

Key Responsibilities

Leasing & Site Selection:

• Execute Prime's real estate strategy from site feasibility through lease signing and store openings.
• Negotiate business terms and letters of intent for new store leases, relocations, renewals, and closures.
• Conduct market tours with brokers and field partners to analyze existing locations and perform due diligence for new sites
  • Evaluate demographic data, traffic patterns, and competitor locations to determine the feasibility and potential success of each site.
• Develop and manage relationships with landlords, brokers, development partners, and AT&T Corporate leadership
• Develop and manage relationships with Prime internal partners in Construction, Legal, Store Maintenance, Lease Administration, Finance, and Store Operations
• Prepare and present real estate committee packages to management for deal approval
  • Represent Prime at ICSC meetings.

Lease Portfolio Management:

• Monitor lease expiration dates, renewal options, and rental escalations to optimize lease portfolio performance.
• Conduct periodic lease audits and inspections to ensure compliance with lease terms and conditions.
• Facilitate the resolution of operational lease issues with Landlords.
• Maintain a database of lease-related information for easy reference and reporting.
• Analyze financial reports, store performance, and recommend strategies to optimize returns.

Requirements

Minimum Knowledge, Skills, and Abilities

• Minimum 5 years of experience in retail real estate representing a large national chain.
• Excellent written and oral communication skills.
• Strong negotiation skills and a proven track record of occupancy cost savings.
• Strong organizational skills and the ability to work in a fast-paced environment with a high volume of annual real estate transactions.
• Strong knowledge of retail leasing concepts, store P&L analysis, store construction practices, and lease clause interpretation.
• Proficient with Excel, PowerPoint, and other Microsoft Office products.
• Ability to travel up to 30% of the time.

Education

• Bachelor's degree required.

This Company is an Equal Opportunity Employer, and does not discriminate on the basis of race, gender, ethnicity, religion, national origin, age, disability, veteran status, or on any other basis prohibited by law. Information on race, gender and national origin will only be used for statistical and recordkeeping purposes, and will not be used in making any employment decisions. All information provided will be kept separate from your expression of interest. Providing this information is strictly voluntary, and you will not be subjected to any adverse action or treatment if you choose not to provide this information. If you do not choose to answer these questions, we ask that you select "Decline to Identify" for each question. Thank you for your voluntary cooperation.