Property Manager

Albertsons Distribution Center   •  

Phoenix, AZ

Industry: Professional, Scientific & Technical Services


8 - 10 years

Posted 52 days ago

Job Description

Albertsons' Companies is working to become the favorite food and drug retailer in every market it serves. The organization includes 2,230 stores, 27 distribution facilities and 19 manufacturing plants with over 250,000 employees across 34 states and the District of Columbia. Albertsons' Companies is privately owned with supermarkets across the country that include: Albertsons, Safeway, Vons, Pavilions, Randall's, Tom Thumb, Carrs, ACME, Jewel-Osco, Lucky, Shaw's, Star Market, Super Saver, United Supermarkets, Market Street and Amigos.


Supervise and direct the operations of a regional property management office(s) with a staff of 4 to 6 personnel. Implement and direct Safeway property management systems to supervise and manage operations of company properties whether leased or owned, both operating and non-operating. Has direct portfolio responsibilities (as described below) in addition to overseeing the overall management activities of the office. Provides leadership and direction in problem solving, employee relations, landlord, tenant and vendor interactions and property operational issues in order to deliver superior customer service to internal and external customers. Performs all management responsibilities for direct portfolio assignments in addition to overseeing all aspects of the property management responsibilities for the regional office. Responsible for an office portfolio of 200-400 operating stores plus 50-100 non-operating properties including up to 250 third party tenants. Serves as the company's primary liaison with owners and landlords as well as all tenants and sub-tenants of Safeway properties within assigned portfolio. Responsible for the maintenance and operation of Safeway managed properties, including the common area of Safeway controlled retail properties on behalf of multiple property owners.

KEY ACCOUNTABILITIES: 1. Promotes consistent standards of property management and maintenance to enhance the community image and improve customer perceptions of all Safeway properties. Coordination of vendors, tenants and owners in the operation, repair and maintenance of assigned portfolio. Supervises vendor services to maintain vacant non-operating properties. Ultimate responsibility for department accounts receivable and tenant collection efforts throughout the portfolio. 30%

2. Supports division capital expenditure programs for store remodels, expansions,replacements, store closures and new store development. Directs the bidding and coordination of capital improvements to the common areas of Safeway controlled properties. Support deal maker with all acquisition do-diligence requirements. Preparation of property reports and annual operating budgets. Support the marketing efforts and due diligence requirements to achieve department property sales objectives. Prepare ad hoc reports, financial analysis and Real Estate submittals. 25%

3. Responsible for the management of tenants in all negotiations with tenants regarding relocation, termination or buyout of existing leases, and assists in or manages tenant and community relations throughout the development/construction process on Safeway owned properties. Fulfills all lease administration duties as either tenant or landlord to ensure compliance with all lease obligations, both financial and non-financial. Interpretation of lease agreements 20%

4. Establishes policies and procedures for the regional office(s) operations and implements corporate policies and procedures for the management and operation of the portfolio. Establishes department goals that are aligned with company objectives and fosters coordinated efforts to respond to issues in a cohesive, team oriented fashion. Sets high standards of professionalism for the department staff, identifies areas for improvement and provides opportunities for growth and development. Evaluates employee performance and provides constructive feedback. Delegates work properly. Develops subordinates to assume greater responsibilities Approval authority up to specified limits for contract execution and all accounts payable. 15%

5. Responsible for the preparations of Safeway property operating budgets for both Safeway Stores and non operating areas. Responsible for the preparation of CAM Reconciliations for tenants or the audit of CAM Recs from Safeway Landlords. 20% KNOWLEDGE AND EXPERIENCE:
Education Level: The most appropriate minimum education for this position is a Bachelors degree.

Specialization: -Background in real estate financial reporting and accounting. -Although not required, preferred candidates will have a real estate industry designation such as CSM, CPM or RPA, and/or a real estate license.

Experience Level: The most appropriate level of experience for this position is 9 to 12 years plus the education listed above

Types of Work Situations: Shopping center management experience and/or corporate real estate management within a retail company. Must have a demonstrated track record of success as a Property Manager and preferred candidates will also have experience in a supervisory role. Tenant improvement experience

Skills and Background:

  • Has the knowledge and experience to act independently, exercise good judgment and make sound business decisions to advance the company's goals.
  • Ability to lead a property management team in a fast paced retail real estate environment.
  • Strong ability to prioritize, trouble shoot, manage time and is a self-starter.
  • Excellent written and verbal communications.
  • Advanced knowledge of real estate leases and contracts including interpretation and documentation.
  • Thorough knowledge of real estate economics and financial analysis skills.
  • Strong ability to formulate and negotiate real estate deal proposals.
  • Ability to think strategically, formulate action plans and see them through to completion.
  • Strong leadership skills to lead, coach, develop and mentor property managers.