The Portfolio Manager will be responsible for managing and overseeing the company's retail real estate assets, including Meijer owned or leased spaces, outlots, development projects, and in-store tenant programs. This role will work collaboratively with a team of Real Estate professionals, focused on streamlining the various portfolio income generation and leasing administration programs to support the company's strategic growth plans.
What You will be Doing: - Oversee lease administration for outlots, in-store & parking lot leasing, and portfolio income generation.
- Collaborate with the Legal Real Estate team to catalogue all relevant documents, including purchase and sale agreements, lease agreements, renewals, and amendments, ensuring adherence to real estate practices
- Support store director teams as they tackle property-related challenges across the company's real estate portfolio, offering practical recommendations to ensure timely solutions
- Establish and maintain strong relationships with landlords, tenants, partners, vendors, and municipalities to ensure the successful operation and management of property related needs
- Manage outlot properties by overseeing vendors, maintaining tenant relations, and ensuring lease compliance
- Monitor market trends, property performance, and identify cost savings initiatives
- Manage accounts receivable reports, respond to tenant billing inquiries or disputes, and suggest solutions for overdue balances
- Support the Director of Portfolio Management by monitoring financial reports, developing budgets, forecasting, and analyzing variances to maintain accuracy and meet revenue targets
- This job profile is not meant to be all inclusive of the responsibilities of this position; may perform other duties as assigned or required
What You Bring with You (Qualifications): - 5-10 years of experience in management of diverse real estate portfolio, including asset and/or property management
- Proven experience in lease administration and rent collections
- Ability to convey complex information with clarity for understanding from peers up through senior leadership
