Corp Real Estate Assistant Asset Manager - Michigan Division (Novi, MI)
Company
Kroger
Location
Novi, MI
Type
Full Time
Job Description
JOB DESCRIPTION
Assist the Corporate Real Estate leadership team in the execution of the company's plans across regional boundaries by supporting efforts in the execution of strategic storing programs, surplus assets and closed stores, and non-retail real estate transactions. Demonstrate the company's core values of respect, honesty, integrity, diversity, inclusion and safety.
RESPONSIBILITIES
- Assist the Corporate Real Estate Manager in leading enterprise-wide lease restructuring platform by negotiating transactions on a case-by-case basis and assisting in the management of the platform to deliver upon annual goals
- Assist on designated efforts for manufacturing & logistics projects, including site selection, financial negotiations, tax incentives, entitlements, project justification and approvals, and deal consummation through diligent, proficient and aggressive negotiations
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- Work with corporate real estate team in competitive acquisition & divestiture opportunities as they arise from time to time, including partnering with divisions to evaluate opportunities and developing strategic & financial recommendations to senior management for pursuit
- Assist Real Estate leadership team in asset sale efforts as directed
- Assist in the repurchase of sale/leaseback transactions that unwind on a regular basis
- Lead non-store value add initiatives such as cellular leases, natural gas/shale efforts, and others as presented
- Lead storing and portfolio lease maintenance efforts, when necessary, and complete ad hoc financial & site analysis on competitors
- Travel independently (20%) to support business needs
- Must be able to perform the essential job functions of this position with or without reasonable accommodation
QUALIFICATIONS
Minimum
- Bachelor's Degree finance, real estate or law
- Any experience in preparing legal contracts and leases and procuring property entitlements and zoning
- Any experience with leading commercial real estate acquisitions and sales
- 4+ years of experience in commercial Real Estate
- Work record reflects proven dependability, integrity, and confidentiality
- Proficient knowledge of computer and Microsoft products with a strong emphasis on Excel and database software
Desired
- Any experience with developing market storing strategies
- Strong financial underwriting and capital budgeting skills
Date Posted
01/21/2025
Views
0
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