Real Estate Manager
North Texas Lead
Plano , TX 75074
Posted 2 months ago
At JCPenney, we share a passion for serving customers, supporting our communities and being the best retailer for all families. As a company founded on the Golden Rule, our success is rooted in the belief that we treat everyone the way we would want to be treated. At every touchpoint, customers discover stylish merchandise at incredible value from an extensive portfolio of private, exclusive and national brands. Reinforcing this shopping experience is the customer service and warrior spirit of approximately 98,000 associates across the globe, all driving toward the Company's mission to help customers find what they love for less time, money and effort.
Working at JCPenney means joining a dedicated team of associates who are encouraged to be uniquely themselves in a safe, caring and welcoming environment. It is a place where careers prosper, accomplishments are celebrated and diversity flourishes. Its a place thats meant for you.
The Real Estate Manager manages the companys existing asset portfolio and real estate expansion program as well as creates monetization opportunities within an assigned territory.
Develops and executes real estate strategy for both new stores and existing stores within assigned portfolio consistent with companys real estate strategy objectives
- Negotiates ownership and lease transactions for stores, supply chain, offices and surplus property within assigned territory
- Leads a cross functional team to address financial, physical, architectural and legal aspects of real estate transactions
Builds relationships with developers and landlords that own property within the assigned portfolio
- Prepares appropriate materials and support information for proposals submitted for Capital Appropriations Committee review coordinating with Stores, Finance, and appropriate support groups to assure proper proposals presentation
Reviews reciprocal easement agreements, leases and miscellaneous legal documents covering negotiated business arrangements for new and existing facilities and coordinates with assigned real estate attorney to assure the timely effective competition of assignments and the ongoing maintenance, repair, and status of all our Real Estate assets.
Assists in the creation and implementation of the companys strategic real estate plan including performance marketing analysis and selecting sites for new real estate locations.
Core Competencies & Accomplishments:Apply/View Full Description
Bachelors Degree in business, MBA or JD highly desired
5-7 years experience, including a minimum of 3 years concentrated in board-based commercial real estate activities within a retailer, real estate consulting firm, a major restaurant chain, or a retail brokerage company.
Must be able to create strategy, collaborate with others, lead and manage both projects and teams, and negotiate complex business and legal agreements within the framework of company policies.