United States Job Openings

Albertsons Companies
Senior Real Estate Manager
Phoenix
FULL TIME
October 14, 2024
- Develop and execute real estate strategy for strategic placement of new stores and fuel centers.
- Strategic asset management of existing stores (operating and surplus) within assigned territory.
- Execute real estate transactions, including planning, negotiating, and execution of transactions.
- Ensure the real estate transactions meet the financial and operating objectives of the Company.
- Coordinate the overall real estate process by working with Store Planning, Construction, Legal, Store Operations and Finance.
- Lead, plan, and participate in site visits for real estate selection.
- Presentations at monthly Real Estate Committee Meetings.
-
Proactive self-starter with an owner/investor/developer attitude.
* Thought leader with ability to influence tenants, landlords, management, and investors to action.
* Advanced understanding of real estate concepts, documentation, and the ability to close deals with limited supervision.
-
Background and Skill Development
* Strong market analysis aptitude, the will to win and to outpace competitors, natural curiosity to learn, analytical mindset, and profit-oriented approach.
* Well-honed financial skills with the ability to apply financial modeling techniques and critical analytical frameworks to solve for effective real estate decisions and outcomes.
* Strong negotiation aptitudes leading to the ability to negotiate multi-million-dollar transactions to a successful conclusion.
* Strategic minded with the ability to analyze situations quickly and make recommendations for underperforming real estate assets (e.g., closing, lease re-negotiation).
* Understands standard financial statements and can assess potential credit worthiness of tenants.
* Demonstrates an advanced understanding of real estate valuation methods including cap rates, market comparable and replacement cost. *Knowledge of the real estate entitlement process.
-
Leadership and Communication
* Team player able to lead internal and external teams in a fast-paced retail real estate environment, and partner with and influence Senior Real Estate Leadership.
* Integrity and professionalism to represent the Company's interests to outside investors, professionals, and vendors as well as teammates.
* Excellent communication skills both written and verbal.
* Advanced computer skills including Excel, Word, Power Point, and Outlook.
* Acts in a competent, professional, and timely manner.
- At least 5 years of relevant experience in corporate real estate, shopping center development, and/or real estate department with a major retailer.
- Bachelor's degree required, with emphasis or coursework in Real Estate, Finance, Civil Engineering, Geography or General Business preferred
- Strong market knowledge of the SW United States including main grocery and Real Estate companies within geography.
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