Senior Manager, Real Estate - Tenant Leasing
Walmart
Position Summary...
What you'll do...
Manages real estate portfolio of diverse properties by evaluating properties for development or disposition; communicating and coordinating real
estate matters with internal partners and customers; negotiating short term uses for properties; enforcing lease terms; providing notice of landlord or
tenant default; planning the resolution of real estate matters with consultants; and collaborating with government agencies to enhance company
reputation and reduce corporate expenditures.
Manages cost of construction by reviewing change orders for validity and fair market value; guiding the negotiation of labor rates with contractors;
creating and incorporating change order procedures and instructions in construction contracts; making recommendations for revisions to construction
contracts based on clarity, consistency, and best practices; ensuring estimation support in negotiations with general contractors; justifying estimator's
evaluation of change orders; making recommendations for claim mitigation or cost avoidance on changes in scope-of-work; and providing
recommendations on project design and methods to avoid risk of future claims.
Manages the preparation of market analysis for site selection analysis for assigned markets by gathering data; identifying potential site options;
preparing return on investment analysis; and creating a list of pros and cons for each site with guidance or supervision from senior management.
Manages deal negotiations and due diligence from site selection through the construction process with guidance from senior leadership by reaching
agreements on deal terms; preparing for and presenting at various internal meetings, including closings, re-approvals, and operations meetings; and
developing conceptual site plans and layouts.
Drives and implements compliance strategies by executing strategic plans; developing strategies for negotiations with government agencies to
minimize financial and reputational corporate risks; maintaining and influencing relationships with federal and state governmental agencies to ensure
fluid working conditions; recommending and implementing remedies to identified gaps or opportunities; and maintaining strategic relationships for
collaboration on issue resolution.
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 work
environment; establishing performance expectations and conducting regular performance evaluations; providing recognition and rewards; coaching
for success and improvement; and ensuring diversity awareness.
Promotes and supports company policies, procedures, mission, values, and standards of ethics and integrity by training and providing direction to
others in their use and application; ensuring compliance with them; and utilizing and supporting the Open Door Policy.
Ensures business needs are being met by evaluating the ongoing effectiveness of current plans, programs, and initiatives; consulting with business
partners, managers, co-workers, or other key stakeholders; soliciting, evaluating, and applying suggestions for improving efficiency and cost effectiveness;
and participating in and supporting community outreach events.
This posting has 2 openings. Both individuals will sit in Bentonville AR, but one will oversee our Northern business unit while the other will oversee the Southwestern business unit. 25% travel can be expected.
Leadership Expectations
Respect for the Individual: Demonstrates and encourages respect for all; builds a high-performing, diverse team; seeks, and embraces differences in people, cultures, ideas and experiences; creates a workplace and equitable experiences where associates feel seen, supported and connected through culture of belonging so associates thrive and perform; drives a positive associate and customer/member experience for all; identifies, attracts, and retains the best, diverse team members.
Respect for the Individual: Creates a discipline and focus around developing talent, through feedback, coaching, mentoring, and developmental opportunities; promotes an environment allowing everyone to bring their best selves to work; empowers associates and partners to act in the best interest of the customer/member and company; and regularly recognizes others’ contributions and accomplishments.
Respect for the Individual: Builds strong and trusting relationships with team members and business partners; works collaboratively and cross-functionally to achieve objectives; and communicates and listens attentively, with energy and positivity to motivate, influence, and inspire commitment and action.
Acts with Integrity: Maintains and promotes the highest standards of integrity, ethics and compliance; models the Walmart values and leads by example to foster our culture; supports Walmart’s goal of becoming a regenerative company by making a positive impact for associates, customers, members, and the world around us.
Acts with Integrity: Follows the law, our code of conduct and company policies, and sets expectations for others to do the same; promotes an environment where associates feel comfortable sharing concerns and reinforces our culture of non-retaliation; listens to concerns raised by associates. takes action and encourages others to do the same; holds self and others accountable for achieving results in a way that is consistent with our values.
Acts with Integrity: Acts as an altruistic servant leader and is consistently humble, self-aware, honest, and transparent.
Service to the Customer/Member: Delivers expected business results while putting the customer/member first and consistently applying an omni-merchant mindset and acts with an Every Day Low Cost mindset to drive value and Every Day Low Prices for customers/members.
Service to the Customer/Member: Adopts a holistic perspective that considers data, analytics, customer/member insights, and different parts of the business when making plans and shaping the team’s strategy.
Strive for Excellence: Consistently raises the bar and seeks to improve; demonstrates curiosity and a growth mindset; seeks feedback, asks thoughtful questions, fosters an environment that supports learning, innovation, and learning from mistakes, and intelligent risk-taking; and exhibits resilience in the face of setbacks.
Strive for Excellence: Seeks and implements continuous improvements and encourages the team to leverage new digital tools and ways of working.
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.
The 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.
Minimum QualificationsBachelor’s degree in Architecture, Construction Management, Information Technology, Engineering, or related field and 3 years’ experience in
architecture, construction management, engineering, or related area OR 5 years’ experience in architecture, construction management,
engineering, or related area.
Preferred Qualifications...
Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.
Managing profit and loss reporting, Managing project budgets, Project Management, Supervisory Masters: Business Administration Project Management - Project Management Professional - Certification
