What are the responsibilities and job description for the Real Estate Manager position at Lensa?
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About The Role
This role is based at our Corporate Office in Menomonee Falls, WI. You’ll work onsite from Monday to Thursday, with the option to work remotely on Fridays.
As Real Estate Manager, you will research, analyze and work on projects such as site selection, existing property matters and excess property disposition.
What You’ll Do
What Skills You Have
About The Role
This role is based at our Corporate Office in Menomonee Falls, WI. You’ll work onsite from Monday to Thursday, with the option to work remotely on Fridays.
As Real Estate Manager, you will research, analyze and work on projects such as site selection, existing property matters and excess property disposition.
What You’ll Do
- Drive execution of market strategies by actively pursuing new market and relocation market opportunities
- Partner with the site development team to develop an understanding of model development schedule deadlines, site plan process and overall development process
- Leverage external brokerage partners to develop a working understanding of market characteristics, competition, demographics, shopping patterns, and real estate market values in markets throughout the country
- Work with Real Estate leadership, Location Strategies and Analytics teams to formulate store placement strategies
- Partner with Real Estate Finance to facilitate the creation of financial summaries of business deals to be used in market strategy decisions
- Negotiate store rightsize opportunities with landlords and third-party tenants
- Analyze existing lease agreements to identify and recommend leverage points for value add lease amendments
- Assist with negotiating existing property leases, re-negotiating option rents, and evaluating third-party offers to buy or lease surplus property
- Additional tasks may be assigned
What Skills You Have
- Bachelor's Degree, preferably in Real Estate, Finance or Business Administration
- 10 years of experience in the retail/shopping center development industry in a position that plays a role in delivering strategic, long-term transactions
- Microsoft Office (especially Excel)
- Experience either in sourcing suitable retail land parcels or negotiating business or legal aspects of complex real estate transactions
- Ability to work as part of a team and interact effectively with others
- Strong written and verbal communication skills
- Working knowledge of financial analysis
- Ability to deal with ambiguity
- Prior negotiating experience
- Travel 15-30% of time