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Real Estate Portfolio Manager
2 months ago
Position Overview
Join Burlington Stores, Inc. as a Real Estate Portfolio Manager, where you will play a pivotal role in the asset management team. Reporting directly to the Vice President of Asset Management, your primary responsibility will be to manage a renewal pipeline for approximately 100 retail locations each year, in addition to overseeing office and warehouse properties and facilitating store closures. Your focus will be on developing procedures and generating reports crucial for managing a two-year pipeline, evaluating real estate strategies, tracking the progress of strategy implementation, adjusting strategies as necessary, and investigating alternative options prior to renewals or closures.
Key Responsibilities:
- Provide project management, analytical, and technical assistance to the asset management team for renewals, relocations, right-sizing transactions, remodels, and closures of stores, offices, and warehouses.
- Manage portfolio effectively.
- Handle leasing activities: extensions, terminations, and amendments.
- Oversee dispositions: lease, sublease, sale, and condemnations.
- Coordinate store closures: manage timelines and collaborate with various departments.
- Review facilities/store planning projects to ensure capital projects align with long-term strategies and provide ROI.
- Support store development initiatives including downsizing, relocations, and remodels.
- Collaborate with multiple departments to ensure successful project completion.
- Manage supply chain and office transactions efficiently.
- Maintain lease database and track critical dates.
Qualifications:
- A Bachelor’s degree or higher in law, real estate, or a related discipline.
- Over 10 years of experience in the retail and/or real estate sector with strong leadership capabilities.
- Comprehensive understanding of legal concepts, real estate documentation, and effective presentation skills.
- Highly organized with exceptional attention to detail and time management skills.
Impact and Scope:
- Engage in both tactical and strategic project management across various departments.
- Deliver significant impact that requires precision and multiple controls.
At Burlington, we pride ourselves on fostering a dynamic work environment that offers competitive compensation, flexible working hours, and employee discounts. Our comprehensive benefits package includes medical, dental, vision, life, and disability coverage. Full-time employees enjoy paid time off, holidays, and access to a 401(k) plan.
As a rapidly growing organization, we provide numerous training and development opportunities for our team members. At Burlington, we are committed to working hard, having fun, and making a positive impact on our customers, colleagues, and communities.
