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Property Asset Management Specialist

2 months ago

Burlington, Vermont, United States Burlington Stores Full time

Position Overview

Join Burlington Stores, Inc. as a Property Asset Management Specialist and be part of a leading off-price retail organization. In collaboration with the Vice President of Asset Management, this role is pivotal in managing a renewal pipeline for approximately 100 retail locations each year, alongside office and warehouse properties, while also overseeing the process of store closures. The specialist will be responsible for developing procedures and generating critical reports necessary for managing a two-year pipeline, evaluating real estate strategies, tracking the progress of strategy implementation, adjusting strategies as needed, and considering alternative options prior to renewals or closures.

Key Responsibilities:

  • Provide project management, analytical, and technical assistance to the asset management team for store, office, and warehouse renewals, relocations, right-sizing transactions, remodels, and closures.
  • Manage portfolio effectively.
  • Handle leasing activities: extensions, terminations, and amendments.
  • Oversee dispositions: lease, sublease, sale, and condemnations.
  • Coordinate store closures, managing timelines and collaborating with various departments.
  • Review capital projects related to facilities/store planning to ensure alignment with long-term strategies.
  • 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.
  • More than 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 abilities.

Impact and Scope:

  • Manage both tactical and strategic project management across various departments.
  • Deliver significant impact that requires precision and multiple controls.

Become part of our vibrant team, where you will find a supportive environment, competitive compensation, flexible working hours, and employee discounts. Burlington offers a comprehensive benefits package, including 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 advancement opportunities for our employees. At Burlington, we work diligently, enjoy our work, and aim to positively influence our customers, colleagues, and communities.