Sr Real Estate Manager - Kroger
Milwaukee, WI 53201
About the Job
- Bachelor's Degree business or real estate
- 7+ years of experience in commercial/retail property management, real estate leases, accounting, contractual obligations and legal liabilities, and sales experience; or equivalent combination of education and experience
- Proficient with standard business software
- Demonstrated ability to maintain confidentiality and protect sensitive information
- Ability to prioritize/multi-task while providing accurate/on-time results
- Strong attention to detail
- Excellent oral/written communication skills
- Ability to develop others
- Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference and volume
- Ability to effectively present information and respond to questions
- Ability to write reports, business correspondence, and procedure manuals
- Ability to read/interpret general business periodicals, professional journals, technical procedures, or governmental regulations
Desired
- 7+ years of experience in real estate with another retailer or real estate development company, including in property management- Partner with division leadership in the creation and execution of brick & mortar network strategy, including new stores, relocations, expansions, operational closures and divestitures
- Prioritize projects through prioritization matrix for the company; negotiate the best possible deals at the best available locations through proficient and aggressive negotiating
- Manage team of 3rd party consultants/brokers within defined territories; ensure the highest degree of market intelligence, execution, integrity and accountability with consultants/brokers and include them in strategic planning meetings with leadership
- Partner with the Real Estate Finance & Strategy department to evaluate leased stores within a defined geographic area for opportunities to restructure leases, in some cases offering extended term in exchange for meaningful financial benefits
- Negotiate/manage 3rd party consultants to negotiate the best possible lease restructuring transactions through proficient and aggressive negotiating
- Evaluate landlord common area maintenance costs to ensure best pricing, and negotiate ways to reduce maintenance costs to industry standards
- Partner with all 1045 stakeholders in evaluating opportunities to drive 3rd party business to 1045, including 3rd party property management and other fee-based opportunities
- Ensure good communications and efficient productivity in the completion of construction and maintenance of stores by working closely with Regional Facility Engineers
- Partner with divisions to submit capital projects to Capital Committee, including accurate financial analyses and ancillary written supporting documentation required for submittal
- Partner with Shared Services and 1045 to ensure division leadership and stores receive professional levels of back-office support, including property management, expense collection, maintenance, 3rd party approvals, etc.
- Train, lead, and direct the work of internal/external resources in numerous areas of expertise and with significant span of control
- Must be able to perform the essential job functions of this position with or without reasonable accommodation