Senior Director, Retail Real Estate Asset Strategy

Global Partners LP; Georgia; On-site; USD 182,000 - 292,000; Full time

Benefits offered by this job

Health & Wellness benefits

401k with match

Job summary

Global Partners LP seeks a Senior Director, Asset Management to lead asset strategy and execution for a 900+ location retail real estate portfolio, including fuel stations and travel centers. You will maximize long-term asset value, optimize portfolio performance and drive strategic real estate initiatives, reporting to the Senior Vice President of Real Estate.

You will oversee lease negotiations, CAM, taxes and acquisitions, build a high-performing Asset Management team, and coordinate with

Qualifications

• Bachelor's degree in Finance, Business, Real Estate, or related field.
• 10+ years of relevant real estate experience, including meaningful asset management and transaction experience, with demonstrated people leadership.
• Demonstrated contract negotiation skills.
• Fuel, convenience or QSR industry experience.
• Strong analytical and problem-solving abilities.
• Executive presence and strong communication skills (verbal / written / presentation).
• Leadership/employee development.
• Excellent facility with mental math and financial analysis.

Responsibilities

• Portfolio Strategy & Asset Optimization: Execute asset-level and portfolio-wide strategies designed to maximize economic value, improve portfolio quality and support the Company’s long-term retail real estate objectives.
• Asset Management Leadership: Lead and develop the Retail Real Estate Asset Management function, including oversight of the Director of Asset Management and collaboration with the broader real estate organization.
• Lease & Sublease Strategy: Oversee lease and sublease negotiations, renewals, restructurings and amendments.
• CAM & Reimbursement Oversight: Lead the oversight and administration of CAM, real estate taxes, insurance, utilities and other reimbursable occupancy expenses across the retail portfolio.
• Acquisitions & Strategic Investments: Evaluate and oversee ROFRs, Purchase Options, Add Land opportunities and strategic acquisitions and leases for NTI or R&R gas/fuel station developments.
• Disposition Strategy: Identify and evaluate potential property dispositions and develop strategies to maximize proceeds and value.
• Transaction Negotiation: Lead or oversee negotiations with property owners, landlords, tenants, brokers and other counterparties.
• Travel Center Tenant Strategy: Lead negotiations of leases and occupancy arrangements with travel center retailers.

Job description

Global Partners LP seeks a Senior Director, Asset Management to lead asset strategy and execution for a 900+ location retail real estate portfolio, including fuel stations and travel centers. You will maximize long-term asset value, optimize portfolio performance and drive strategic real estate initiatives, reporting to the Senior Vice President of Real Estate.

You will oversee lease negotiations, CAM, taxes and acquisitions, build a high-performing Asset Management team, and coordinate with