HD Supply Holdings

Manager, Real Estate

HD Supply Holdings$90K — $120K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • BS/BA in a related discipline
  • 7+ years of experience in real estate or lease management
  • Ability to manage complex real estate negotiations
  • Familiarity with lease administration systems
  • Strong analytical and financial acumen

Responsibilities

  • Serve as main contact for stakeholders regarding real estate leasing activities
  • Manage expiring lease dates and coordinate lease decisions
  • Negotiate lease agreements, including terms and rental conditions
  • Assist with site searches and make recommendations to stakeholders
  • Track lease data and generate analytical reports
  • Coordinate with departments on real estate-related matters
  • Prepare financial analyses and manage approval processes for transactions

Benefits

  • Overnight travel opportunities (20-50% of the time)
  • Comfortable indoor work environment
  • Flexible office movement and work posture daily
  • Possibility of managing a team of professionals
  • Opportunities for professional development and certification
Full Job Description
Job Summary

Executes the internal real estate strategy for real estate portfolios. Drives a variety of real estate solutions, including site searches, lease extensions, sublease agreements, relocations, and terminations. Interfaces with operational and functional leaders to help drive real estate decisions.

Major Tasks, Responsibilities, and Key Accountabilities
  • Serves as the primary point-of-contact for internal stakeholders, landlords, property managers, and brokers for all real estate activities related to leasing and property rights matters.
  • Manages and tracks expiring lease and option dates. Works with business teams and assists upper management in coordinating decisions for all lease actions, including renewals, relocations, and terminations. Participates in the coordination of new location openings and closings.
  • Negotiates lease agreements, including language, terms, and rental conditions.
  • Assists the business team with site searches and selections. Presents alternatives and recommendations to business team leaders and other stakeholders.
  • Uses a lease administration system to track lease data, generate reports and analyses, and manage and administer leases.
  • Coordinates with various internal departments regarding real estate matters, such as operations, transportation, finance, environmental health and safety, loss protection, risk, and legal.
  • Prepares deal overview documents and financial analyses. Ensures transactions move through the internal lease approvals process.
  • Manages surplus property leases, subleases, and divestments.

Nature and Scope
  • Solutions require analysis and investigation.
  • Achieves planned results by decisions and actions based on professional methods, business principles, and practical experience.
  • Manages a group or team of professional individual contributors and/or indirectly supervises support staff.

Work Environment
  • Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable.
  • Most of the time is spent sitting in a comfortable position and there is frequent opportunity to move about. On rare occasions there may be a need to move or lift light articles.
  • Typically requires overnight travel 20% to 50% of the time.

Education and Experience
  • Typically requires BS/BA in a related discipline. Generally 7+ years of experience in a related field. May require certification. Advanced degree may offset less experience in some disciplines.


Our Goals for Diversity, Equity, and Inclusion

We are committed to creating a culture that promotes equity, respect, and advocacy for every HD Supply associate. We value the diversity of our people.

About HD Supply Holdings

HD Supply Holdings is a leading distributor of maintenance, repair, and operations (MRO) products to the multifamily and hospitality markets in North America. The company was founded in 1974 and is headquartered in Atlanta, Georgia. HD Supply Holdings offers a wide range of products, including plumbing, electrical, HVAC, hardware, and janitorial supplies, as well as appliances and lighting. The company serves over 500,000 customers through its network of more than 270 branches and 44 distribution centers. HD Supply Holdings is committed to providing its customers with high-quality products and exceptional service.
Learn more about HD Supply Holdings
Size
11,500 employees
Market Cap
$8.6 billion
Industry
Net Income
$1.8 billion
Founded
2007
5 Year Trend
-1.7%
Revenue
$5.1 billion
NASDAQ

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