Senior Manager II | Real Estate and Portfolio Management - Sam's Club
- Location BENTONVILLE, AR
- Career Area Real Estate, Construction and Store Planning
- Job Function Real Estate, Construction and Store Planning
- Employment Type Full Time
- Position Type Salary
- Requisition 1160470BR
What you'll do at
business partners; collaborating with other departments (for example, Store Planning, Legal, Health and Wellness) to understand legal and economic risk and establish contractual terms; collecting real estate documents (for example, leases, loan documents, property condition reports); analyzing real estate documents to ensure projects are within parameters; preparing required materials for transaction (for example, financials, internal memos, updated site plans); determining realty decisions (for example, pricing, rent, renewals, disposition) based on market studies and appraisals; and presenting to internal key stakeholder committees (for example, Realty Committee, Internal Rate of Return (IRR) Committee, Real Estate Executive Committee) to gain approval.
Leads real estate transactions and deal initiations for assigned geographic area by analyzing data (for example, demographics, consumer behavior trends, competition); identifying site selection and pipeline options appropriate for non-complex opportunities; providing pipeline and site selection recommendations to leadership; forecasting return on investment on transaction decision; determining the business impact of project decisions (for example, site selection, property management options, disposition); developing project portfolio recommendations on business decisions based on analysis; and developing recommendations on sub-market portfolio strategies and communicating them to leadership (for example, Regional Vice Presidents, Real Estate Executive Committee (REC)).
Leads realty projects by managing consultants (for example, engineers, zoning attorneys, brokers); leading the management of project risk, timeline, and sunk cost (for example, understanding the project risk, timing of delivery, costs spent to date); acting as a liaison to government officials and community groups and managing company image with key partners (for example, landlords, cities, developers, adjacent property owners); complying
with internal and external transaction regulations (for example, Sarbanes-Oxley regulations, re-approval guidelines); assessing project alignment with
overall portfolio and identifying concerns; developing recommendations to address project alignment concerns and communicating them to leadership; managing purchases, dispositions, lease renewals, and rent allocations; gaining buy-in from key stakeholders and community partners (for example, Real Estate Leadership, city council, planning commissioner) in order to ensure project continuation; and managing milestone
Leads the property management of operating portfolio by evaluating recommendations on improving site appearances and increasing sales growth
potential; acting as a liaison and driving collaboration with landlords and tenant representatives; evaluating and negotiating subleases, terminations, and purchase options; analyzing use restrictions and approving store uses to contribute to income generation for properties; conducting site visits; negotiating contracts (for example, leases, easements, license agreements) with prospective business partners and third parties; overseeing thirdparty
work product and addressing escalated issues; and securing approvals for property management recommendations.
Drives the execution of multiple business plans and projects by identifying customer and operational needs; developing and communicating business plans and priorities; removing barriers and obstacles that impact performance; providing resources; identifying performance standards; measuring progress and adjusting performance accordingly; developing contingency plans; and demonstrating adaptability and supporting continuous learning.
Provides supervision and development opportunities for associates by selecting and training; mentoring; assigning duties; building a team-based
Juris Doctor degree.
5 years’ experience analyzing realty information (for example, market analysis, site selection).
3 years’ experience in property management.
3 years’ experience in project and portfolio management.
3 years’ experience managing third-parties.
About Sam's Club
Sam's Club employs about 110,000 associates in the U.S. The average club is 134,000 square feet and offers bulk groceries and general merchandise. Most clubs also have specialty services, such as a pharmacy, an optical department, a photo center, or a tire and battery center.
"You have to think of how to save the company money, save the store money, save the customer money—and one impacts the others."
Hello, NW Arkansas
With over 200 miles of trails, an emerging locally-sourced food scene, the world-renowned Crystal Bridges Museum—NWA has something for everyone.Discover NW Arkansas
Crystal Bridges Museum
Celebrate the American spirit in a setting that unites the beauty of art and the power of nature.
Walton Arts Center
Arkansas' premiere center for visual arts and entertainment.
An interactive children's museum that's fun for the whole family.
42 acres of premiere public garden space.
Devil's Den State Park
Located on 2,500 acres, Devil's Den State Park is the perfect place to explore Arkansas' natural beauty.
- come together
The best of shopping and restaurants, right in the heart of Fayetteville.
All the benefits you need for you and your family
- Multiple health plan options
- Vision & dental plans for you & dependents
- Associate discounts in-store and online
- Financial benefits including 401(k), stock purchase plans and more
- Education assistance for Associate and dependents