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Manager, Commercial Property

Expired Job

National Grid Waltham , MA 02154

Posted 3 months ago

About the Position:

Drive proactive and strategic planning process in the management of surplus property including strategic assessment of disposition options and oversight of all operations and financial activities. This position will lead the effort to ensure optimization of the surplus property portfolio through direct dispositions, long term leases and possible joint venture options.

This is an outstanding opportunity for a planning or real estate professional with strong analytical skills and a desire to make a positive impact. Strong candidates will bring experience in real estate development and finance, planning the reuse of complex properties, working with local communities and permitting/implementation of transactions.

Position Responsibilities (including but not limited to):

  • Analyse and make recommendations with respect to strategic dispositions, investment and market opportunities, hold versus sell analysis, feasibility studies, asset review and market studies, highest and best use analysis, acquisition and advice analysis and valuations for sale/leaseback purposes.

  • Lead the surplus property review and develop creative strategies that drive value creation for National Grid in line with established objectives

  • Obtain market data (including supply/demand, market rents, landlord financial conditions, trends and other pertinent information) to identify market-driven opportunities for cost savings, consolidation, flexibility, control, etc.

  • Manage and plan the productive reuse of National Grid owned property no longer needed for utility use

  • Manages the creative redevelopment of properties , including development and implementation of reuse strategies and plans

  • Prepares Requests for Development Proposals, including evaluation and developer selection.

  • Leads a team of consultants/contractors in preparation of documents such as land disposition agreements, memoranda of understanding, deeds and leases.

  • Works in conjunction with outside consultants to assess physical and financial feasibility of potential projects, which may include housing, commercial and/or mixed-use development.

  • Provides guidance to survey, appraisal and planning firms. Prepares scopes of services, manages work plans, keeping projects on time and on budget.

Knowledge & Experience Required:

Minimum Essential Qualifications

  • Bachelors or Masters degree in Economics, Real Estate, Finance, or other related discipline

  • 10-15 years of strategy, real estate finance-related activity in a corporate real estate environment, facilities planning and space planning

  • Background in transactions, real estate project management, construction management architecture or engineering desirable

  • MBA strongly preferred


  • Demonstrated ability to lead complicated projects and interdisciplinary teams with working knowledge of transactions, capital planning and occupancy planning

  • Excellent written and verbal communication skills

  • Experience in developing and driving proactive and strategic planning processes to deliver portfolio optimization and savings

  • Experience managing space data management and occupancy planning functions.

  • Proven advanced business case development experience

  • Mature practical commercial experience including advanced financial acumen and analytical skills

  • Proficiency with advanced technology and tools

  • Creative and innovative thinking

  • Demonstrated ability to work across business units/partners to deliver options and secure decisions

  • Organizational savvy and agility

  • Solid negotiation and influencing skills

  • Ability to command presence and credibility with all levels of an organization

National Grid is an equal opportunity employer that values a broad diversity of talent, knowledge, experience and expertise. We foster a culture of inclusion that drives employee engagement to deliver superior performance to the communities we serve. National Grid is proud to be an affirmative action employer. We encourage minorities, women, individuals with disabilities and protected veterans to join the National Grid team.

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Manager, Commercial Property

Expired Job

National Grid