Real Estate Analyst

Wakefern Food Corp.; Edison (NJ); On-site; USD 55,000 - 75,000; Full time

Job summary

Wakefern Food Corp. is seeking a Real Estate Analyst in Edison, NJ. This role involves supporting lease renewals, property management, and site evaluations for new retail locations. Ideal candidates will possess strong organizational and communication skills, and a college degree is required. Join a vibrant team dedicated to driving growth and innovation in the retail sector.

Benefits

Vibrant Food Centric Culture

Competitive Salary and Paid Time Off

Fitness Reimbursement and Well-Being Program

Corporate Training and Development University

Collaborative team environment

401K

Matching Gifts and Community Volunteer Involvement

Qualifications

• College graduate required.
• Prior real estate experience preferred.
• Excellent written and verbal communication skills.

Responsibilities

• Support Real Estate Representatives with lease renewals and property management.
• Evaluate supermarket competition and recommend potential sites.
• Interact with various departments and maintain lease information.

Skills

Organizational skills

Problem-solving skills

Communication skills

Customer service skills

Education

College graduate

Tools

Microsoft Office Suite

Job description

Wakefern Food Corp. is the largest retailer-owned cooperative in the United States and supports its co-operative members' retail operations, trading under the ShopRite, Price Rite, The Fresh Grocer, Dearborn Markets, and Gourmet Garage banners.

Employing an innovative approach to wholesale business services, Wakefern focuses on helping the independent retailer compete in a big business world. Providing the tools entrepreneurs need to stay a step ahead of the competition, Wakefern’s co-operative members benefit from the company’s extensive portfolio of services, including innovative technology, private label development, and best-in-class procurement practices.

About You

The Real Estate Analyst, working in tandem with and supporting the Real Estate Representatives, is responsible for existing lease renewals, amendments, remodels, expansions and the development of new retail locations for the Wakefern banners. The Real Estate Analyst will be responsible for addressing property management issues for our stores and will develop a strong rapport with our landlords as the first point of contact. This role aggressively supports Wakefern and its Member Companies with their long-term growth objectives and immediate property needs. This position is located in Edison, NJ

What You’ll Do

• Support and learn from the Real Estate Representatives.
• Maintain the highest degree of analytical and technical competence in the field of real estate and site selection.
• Review and screen initial site submittals received from developer/broker/landlord for basic requirements. Recommend potential sites/locations to the Real Estate Representatives for approval to engage in active and specific discussions with the owner of the site/location.
• Evaluate supermarket competition.
• Assist the Real Estate Representatives and Members Companies with lease renewals, amendments, remodels, expansions.
• Assist the Real Estate Representatives and Members Companies with property management and lease administration issues.
• Expedite the preparation of all legal documents relative to an approved site.
• Maintain a professional relationship with existing developers, brokers, landlords and co-tenants and establish new and influential contacts in the real estate field.
• Assist the Lease Administrators in overseeing, and maintaining all lease information, including appropriate documentation of all time sensitive data relative to leases (e.g., lease expirations, renewal options, cancellation options, expansion options, rights of first refusal/offer, insurance certificates, estoppels, SNDA’s etc.)
• Interact daily with Market Research, Engineering, Construction, Design, Purchasing, Finance and Corporate Legal departments.
• Interact with the Site Development Committee when requested.
• Actively utilize the Prolease lease management database.
• Assist with compiling Real Estate presentations.

What We Are Looking For

• College graduate required.
• Prior real estate experience preferred, but not necessary.
• Ability to organize priorities and multitask.
• Ability to meet deadlines and work with limited supervision.
• Demonstrated organizational and problem-solving skills with the ability to handle and follow through on multiple projects.
• Strict adherence to maintaining confidentiality.
• Strong personal computer skills including Microsoft Office Word, Excel, Power Point, and Outlook.
• Excellent written and verbal communication skills.
• Strong mathematical skills.
• Demonstrated customer service and teamwork skills with a willingness to assist others.
• Must possess a valid driver’s license.

How you’ll succeed

• Communicate Effectively
• Drive for Results
• Develop You
• Build Relationships
• Stay Competitive

How you’ll work

• Ability to drive long distances and sit in a car for extensive periods of time.
• Ability to sit in front of a computer screen for long periods of time.
• Ability to travel within Wakefern trade area (10 states), including overnight travel.
• Ability to adhere to the company’s four days per week in-office requirement.

Company Perks

• Vibrant Food Centric Culture
• Competitive Salary and Paid Time Off
• Fitness Reimbursement and Well-Being Program
• Corporate Training and Development University
• Collaborative team environment
• 401K
• Matching Gifts and Community Volunteer Involvement

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  Sales and Management

• Industries

  Retail

Referrals increase your chances of interviewing at Wakefern Food Corp. by 2x

Inferred from the description for this job

Medical insurance

Vision insurance

401(k)

Paid paternity leave

Paid maternity leave

Disability insurance

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