Portfolio Manager, Real Estate

AbbVie; Durham (NC); On-site; USD 142,000 - 269,000; Full time

Job summary

AbbVie's Portfolio Manager, Real Estate will oversee complex global real estate transactions, including new leases, renewals, subleases, expansions, and dispositions, in the Americas region. You will collaborate with cross-functional teams to align real estate initiatives with business goals.

The role requires 7–10 years of lease negotiation experience and a strategic mindset to drive value. Durham, NC presence is required, with direct interaction with leadership and external partners.

Qualifications

• Bachelor’s Degree in Real Estate or Finance (MBA preferred).
• 7–10 years of negotiating commercial leases.
• Proven success leading real estate transactions in the Americas.
• Strategic thinker who translates business needs into actionable real estate plans.

Responsibilities

• Accountability for delivering real estate projects in the Americas region or as assigned.
• Collaborate with internal stakeholders (Global Facility Planning, Finance, Legal, Tax, etc.) to align real estate and planning.
• Align real estate outcomes with business objectives and provide guidance to leadership.
• Coordinate with external brokers and landlords; prepare market surveys, RFPs, and negotiations trackers.
• Review and negotiate complex commercial lease documents.
• Execute complex global real estate transactions (leases, subleases, acquisitions, dispositions) to optimize value.
• Develop and maintain strong internal relationships with business leaders and vendors.
• Track critical dates to ensure planning, site selection, negotiations, and approvals.
• Prepare senior leadership documents with strategic recommendations and financial analyses.
• Support mergers, acquisitions and lease administration as needed.
• Durham, NC attendance required.

Skills

Lease negotiation

Real estate strategy

Education

Bachelor’s degree in Real Estate or Finance (MBA preferred)

Job description

• Compensation: USD 141,500 - USD 268,500 - yearly

Company Description

About AbbVie

AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas including immunology, oncology and neuroscience - and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com . Follow @abbvie on LinkedIn, Facebook , Instagram , X and YouTube.

Job Description

The Portfolio Manager, Real Estate will report to the Director of Real Estate and will partner with internal / external stakeholders to manage, negotiate, and coordinate complex global commercial real estate transactions, including but not limited to new leases, lease renewals, subleases, expansions, terminations, acquisitions and dispositions.

Responsibilities

• Accountability for the successful delivery of real estate projects in the Americas Region or as otherwise assigned.
• Collaborate with internal stakeholders, including but not limited to: Global Facility Planning and Engineering, Business Units, Finance, Legal, Risk Management, Tax, Government Affairs to ensure alignment of real estate and planning initiatives.
• Align real estate outcomes with business objectives in partnership with internal partners and provide clear guidance to leadership.
• Work with external real estate service provider to ensure standardization, consistency and accuracy of deliverables including but not limited to: business case preparation, market survey, tour book, RFP, negotiation tracker, financial analysis, status reports, commission report and close out documentation.
• Review/negotiation commercial lease documents.
• Execute complex global real estate transactionthat balance cost, flexibility and business needs. Transactions will include acquisitions (new leases, subleases, expansions, renewals, purchases, etc.) as well as dispositions that optimizes maximum value (subleases, buyouts, sales, etc.)
• Develop and maintain strong internal relationships with business leaders, cross-functional team leads and third party vendors (Brokers, Landlords, Service Providers, Legal, Risk Management, Tax, etc.)
• Track critical dates to ensure ample planning, site selection, negotiations and internal approval timelines are met.
• Prepare and present senior leadership level documents that articulate strategic recommendations, financial analyses, and operational impacts to facilitate informed decision-making and organizational alignment.
• Assist with merger and acquisitions as needed.
• Assist with Lease Administration as needed.
• Durham, NC attendance required

Qualifications

• Bachelor’s Degree in Real Estate or Finance (MBA preferred)
• 7 – 10 years of negotiating commercial leases
• Proven success in leading real estate transactions in the Americas
• Strategic thinker with the ability to translate business needs into actionable real estate plans

Additional Information

Applicable only to applicants applying to a position in any location with pay disclosure requirements under state orlocal law:

• The compensation range described below is the range of possible base pay compensation that the Companybelieves ingood faith it will pay for this role at the timeof this posting based on the job grade for this position.Individualcompensation paid within this range will depend on many factors including geographic location, andwemayultimatelypaymore or less than the posted range. This range may bemodifiedin thefuture.
• We offer a comprehensive package of benefits including paid time off (vacation, holidays, sick),medical/dental/visioninsurance and 401(k) to eligibleemployees.
• This job is eligible toparticipatein our short-term incentiveprograms.

Note: No amount of payis considered to bewages or compensation until such amount is earned, vested, anddeterminable.The amount and availability of any bonus,commission, incentive, benefits, or any other form ofcompensation and benefitsthat are allocable to a particular employeeremainsin the Company's sole andabsolutediscretion unless and until paid andmay bemodifiedat the Company’s sole and absolute discretion, consistent withapplicable law.

AbbVie is an equal opportunity employer and is committed to operating with integrity, driving innovation, transforming lives and serving our community. Equal Opportunity Employer/Veterans/Disabled.