property manager

7 days ago

Goodlettsville Tennessee, United States Dollar General Full time

Work Where You Matter:
At Dollar General, our mission is Serving Others We value each and every one of our employees.

Whether you are looking to launch a new career in one of our many convenient Store locations, Distribution Centers, Store Support Center or with our Private Fleet Team, we are proud to provide a wide range of career opportunities.

We are not just a retail company; we are a company that values the unique strengths and perspectives that each individual brings.

Your difference truly makes a difference at Dollar General. How would you like to Serve? Join the Dollar General Journey and see how your career can thrive.

Company Overview:


This position is responsible for managing surplus property and disposition activity, negotiating Landlord special requests (condemnations, easements, etc.), resolving triple net property default litigation, enforcing Landlord rebuild obligations for Disaster closures, and negotiating facility upgrades, co-tenancy waivers and common area upgrades.

This individual must utilize independent, critical thinking, problem-solving and analytical skills to negotiate lease modification agreements, analyze property details, such as Legal Description, Site Plan, boundaries, etc., perform in-depth lease research, and apply practical real estate knowledge in making appropriate decisions and enforcing lease provisions.


Job Details:


Manage all activities related to surplus property management and disposition, includingoversight of surplus disposition and property management vendors, evaluation of early terminations, subtenant proposals and/or sale offers related to company owned properties.

Responsibilities include financial analysis, risk mitigation, legal review, and buyer/subtenant qualification. For vacant properties, procures and approves bids for property repairs, maintenance and inspection services.

For subleased properties, serves as the liaison between subtenant and DG, ensuring sublease compliance with respect to repair and maintenance obligations, rent payment and reimbursable expenses.

(30%)

Manage Landlord special requests (rights-of-way, condemnations, easements, lease restrictions, co-tenancy waivers, parcel splits, common area alterations, building improvements, etc.). Assess lease/legal implications of request and partner with field Ops to understand impact on business operations.

Conduct independent negotiations with the Landlord, Property Manager or Landlord's attorney and perform a financial metrics analysis for each project.

Secure appropriate exhibits to memorialize negotiated changes, and present recommendation to Director of Lease Compliance & Renewals and Sr. Director of Lease Administration. (30%)


Resolve (prevent) litigation involving Tenant (DG) default for triple net properties by researching and interpreting lease obligations, determine the appropriate corrective measures and partner with internal departments (Real Estate Legal, Risk Mgmt., Store Facilities, field Ops, etc.) to initiate plan of action and ensure compliance of the lease.

Communicate with Landlords and/or their attorneys regarding the plan of action and/or disputes claim. (15%)

Support company initiatives and special projects, including property acquisitions, Disaster closed stores, technology development, and merchandising/remodel initiatives.

For projects requiring Landlord involvement or consent, negotiate scopes of work for facility upgrades, Disaster rebuilds, property improvements, use waivers, stockroom expansions, etc.

(15%)

Develop and manage reports to communicate on-going activities to senior management, seeking direction on site-specific issues as necessary.

Draft and negotiate highly structured lease language and create legal documents (as necessary) in accordance with the Lease and Law Department established guidelines, securing assistance from in-house counsel as needed.

(10%)

Qualifications:
Ability to work in a highly confidential, professional team environment

Advanced skills in communication (verbal and written), team problem solving, negotiation, multi-tasking, analytical and project management

Advanced knowledge and understanding of real estate concepts, practices and procedures

Advanced understanding of legal documents and legalese

Attention to detail, organization, and timely follow-up

Knowledge and understanding of the retail industry

Ability to understand market data information

Advanced knowledge and understanding of financial concepts (IRR, EBITDA, gross margin, etc.)

Self-motivated to achieve company, departmental and personal goals

Ability to manage and track, in an organized manner, a large volume of tasks

Advanced knowledge of word processing, spreadsheet, and database applications

Required to work independently § Ability to effectively communicate both verbally and in written form to high level internal and external partners

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