(USA) Senior Manager, Portfolio Management

Walmart; Bentonville (AR); On-site; USD 80,000 - 155,000; Full time

Benefits offered by this job

Medical, vision and dental coverage

401(k) and stock purchase plan

Paid time off and leave programs

Walmart Education benefits

Job summary

Walmart seeks a Real Estate Manager to lead new store development and conversion initiatives across an assigned territory, owning market strategy, site identification, deal execution, and project completion.

The role requires portfolio management, strong negotiation, and financial analysis to support growth aligned with Walmart’s objectives. Primary location is Bentonville, AR, with on-site responsibilities and cross-functional collaboration.

Qualifications

• Bachelor’s degree in Real Estate or related field and 3 years’ experience in real estate, retail development, tenant representation, or related area
• OR 5 years’ experience in real estate, retail development, tenant representation, or related area.
• 2 years’ experience in property management.

Responsibilities

• Develop market strategies to support new store growth and conversion pipelines; identify and evaluate potential sites through market analysis, demographic research, and field assessments
• Lead negotiations for land deals, manage due diligence, entitlement considerations, and transaction structuring
• Manage projects from site selection through opening, including approvals, timelines, and budgets
• Prepare and present materials for internal decision forums
• Ensure projects stay on schedule and aligned with financial and operational targets
• Coordinate across stakeholders to ensure seamless execution and risk mitigation
• Build and maintain relationships with brokers, landowners, developers, and local officials

Skills

Portfolio management

Project management

Negotiation

Financial analysis

Communication

Education

Bachelor’s degree in Real Estate or related field

3+ years in real estate or retail development

2 years in property management

Tools

Lease/purchase agreements

Development agreements

Job description

Position Summary...

Role summary

The Real Estate Manager is responsible for leading new store development and conversion initiatives within an assigned territory. This role owns the full lifecycle of new store delivery—from market strategy and site identification through deal execution and project completion—ensuring alignment with business objectives and long-term growth strategy.

About the team

The new store development team focuses on expanding Walmart’s footprint by identifying and securing new store locations. Utilizing data-driven insights, the team evaluates site options, manages approval and entitlement processes, and supports real estate transactions. They collaborate across functions to ensure strategic decisions align with business goals. This team plays a key role in managing projects, negotiating agreements, and optimizing property assets to drive growth. Strong skills in portfolio management, negotiation, project management, real estate transactions, and communication are essential to successfully contribute to the team’s objectives.

What you’ll do

• Develop market strategies to support new store growth and conversion pipelines; identify and evaluate potential sites through market analysis, demographic research, and field assessments
• Lead negotiations for land deals, manage due diligence, entitlement considerations, and transaction structuring
• Manage projects from site selection through opening, including approvals, timelines, and budgets
• Prepare and present materials for internal decision forums
• Ensure projects stay on schedule and aligned with financial and operational targets
• Coordinate across stakeholders to ensure seamless execution and risk mitigation
• Build and maintain relationships with brokers, landowners, developers, and local officials

What you’ll bring

• Extensive experience in portfolio and project management within real estate
• Proven ability to negotiate lease/purchase agreements, development agreements, and other documents effectively
• Strong analytical skills to evaluate site selection, asset sales, and financial impacts
• Demonstrated expertise in managing third-party relationships and contract negotiations
• Excellent communication skills to present recommendations and collaborate with leadership and cross-functional teams
• Ability to develop and oversee budgets, forecasts, and capital expenditure reports

At Walmart, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet. Health benefits include medical, vision and dental coverage. Financial benefits include 401(k), stock purchase and company-paid life insurance. Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more. You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable. For information about PTO, see https://one.walmart.com/notices. Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates. Tuition, books, and fees are completely paid for by Walmart.

Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms.

For Information About Benefits And Eligibility, See One.Walmart.

Annual salary range for this position is $80,000.00 - $155,000.00 Additional compensation includes annual or quarterly performance bonuses. Additional compensation for certain positions may also include :

• Stock

Minimum Qualifications

Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.

• Bachelor’s degree in Real Estate or related field and 3 years’ experience in real estate, retail development, tenant representation, or related area
• OR 5 years’ experience in real estate, retail development, tenant representation, or related area.
• 2 years’ experience in property management.

Preferred Qualifications

Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.

• Project and portfolio management, Supervisory
• J.D., Masters: Business Administration

Primary Location

814 Respect Dr, Bentonville, AR 72716, United States of America

Walmart and its subsidiaries are committed to maintaining a drug-free workplace and has a no tolerance policy regarding the use of illegal drugs and alcohol on the job. This policy applies to all employees and aims to create a safe and productive work environment.