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Real Estate Manager
3 months ago
At GameStop, we are committed to providing exceptional service and delivering the latest and greatest in gaming products to our customers. As a leading global retailer of video games, electronics, and gaming merchandise, we take pride in offering a wide range of products that cater to the needs and desires of gamers worldwide. Our mission is to create unforgettable experiences for our customers by constantly pushing the boundaries of what's possible. Whether you're a hardcore gamer or just starting out, we've got something for everyone. Join us in our mission to shape the future of gaming and bring the best gaming products to the world
SUMMARY
Working under general supervision, the Real Estate Manager prepares initial lease documentation, conducts lease negotiations, and prepares related documentation for final approval by management. The primary business objective of this position is to act as an asset manager for the portfolio and ensure renewals and relocations are negotiated to the benefit of GameStop.
*This position will sit in the Grapevine location 5 days a week.
ESSENTIAL JOB DUTIES AND RESPONSIBILITIES
- Leverages existing relationships to negotiate new locations, relocations, and renewals with the company's largest Landlords across the domestic portfolio.
- Responsible for the successful renewal of existing leases and relocations when appropriate and necessary.
- Negotiate very high volume of lease renewals for mall and strip center stores; identify appropriate changes to lease terms in order to protect GameStop's interests.
- Evaluate the advantages and disadvantages of existing sites, in partnership with the local District Manager, Regional Director, and/or other internal and external sources.
- Make lease determinations and recommendations with respect to legal issues and policy issues.
- Proactively acquire all necessary information to make sound decisions in advance of critical dates. Conduct research as needed to ensure that lease terms are appropriate with the current market, location, and other additional factors.
- Provide timely recommendations and suggested courses of action to the Head of Real Estate.
- Prepare Real Estate Committee documents and any related paperwork.
- Construct, organize and maintain various spreadsheets.
- Track and meet all critical dates (lease expirations, option notice dates, etc).
- Collaborate with other internal partners (Construction, Legal, Store Operations, Accounting, etc) regularly.
- Contribute to special requests and projects as needed and take the lead when appropriate.
RELATED COMPETENCIES
- Communication – Clearly conveys information to individuals or groups in a manner that ensures understanding and comprehends information from others.
- Planning and Organizing – Establishes courses of action for self and others to ensure that work is completed efficiently and effectively.
- Quality Orientation – Accomplishes tasks by considering all areas involved, no matter how small; shows concern for all aspects of the job; accurately checks processes and tasks; is watchful over a period of time. High attention to detail is necessary.
- Work Standards – Self starter; sets high standards of performance and ethics for oneself; assumes responsibility and accountability for successfully completing assignments/tasks.
BASIC AND PREFERRED QUALIFICATIONS (EDUCATION and/or EXPERIENCE)
- High school diploma or GED required; Bachelor's degree from an accredited program in business or other related program preferred
- At least 4 years of experience working in a real estate department for a national retailer or developer negotiating lease renewal terms.
MINIMUM QUALIFICATIONS, JOB SKILLS, ABILITIES
- Working knowledge of various major real estate markets
- Proficient ability to communicate effectively with others using spoken and written English.
- Demonstrated ability to negotiate contract terms in a forthright, professional, and tenacious manner for the benefit of the company.
- Proficient project planning skills, including the ability to organize, prioritize and control job responsibilities in order to meet deadlines in an environment with overlapping and potentially conflicting priorities.
- Demonstrated capacity for gathering and scrutinizing data to identify issues, opportunities, patterns, and sustainable business solutions.
- Proficient knowledge of Windows-based business computers and Microsoft Office programs; specifically, Excel, Outlook and Word
- Ability to work collaboratively with others; conducts working relationships in a manner acceptable to others and to the organization.
- Consistently demonstrates a commitment to GameStop policies and procedures, including but not limited to, attendance, confidentiality, conflict of interest, and ethical responsibilities.
Full-time store positions at GameStop are also eligible to participate in incentive programs, health benefits, paid time off, 401 (k), employee discount and a casual work environment. Positions at GameStop may also be eligible for a bonus and/or other incentives.