Walgreens

Senior Associate, Real Estate

Walgreens • $80K — $100K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent real estate experience
  • Self-motivated with minimal supervision
  • Strong organizational skills to manage project deadlines
  • Collaborative approach with external and internal stakeholders
  • Ability to apply real estate principles effectively
  • Intermediate Excel skills for data management
  • Intermediate PowerPoint skills for reporting

Responsibilities

  • Evaluate data to identify trends within the real estate portfolio.
  • Coordinate issue resolution among Walgreens departments and external parties.
  • Lead meetings to standardize processes and improve waste elimination.
  • Create metrics to assess division performance based on data analysis.
  • Recommend corrective actions based on data insights and trends.
  • Prepare monthly asset management reports aligning with strategy.
  • Manage asset management database focusing on performance metrics.

Benefits

  • Comprehensive health and wellness programs
  • Retirement savings options
  • Paid time off and holiday benefits
  • Employee discounts at Walgreens
  • Opportunities for training and career advancement
Full Job Description
Job Description

Job Summary
As a Senior Associate, Real Estate, you will lead proactive negotiations with landlords on a wide range of lease matters, with a focus on optimizing values and achieving favorable outcomes for Walgreens. This position manages real estate transactions and provides actionable real estate data and analytics to support the program. You will have the opportunity to build and maintain strong relationships with internal business partners, external vendors, landlords, and brokers in this position.

This position requires a minimum of 4 days per week of in office work in Deerfield, IL.

Job Responsibilities
  • Evaluates trend data to proactively identify early adverse or positive trends in the real estate portfolio, asset disposition, construction management, asset management, and store care programs.
  • Coordinates issue resolution between various Walgreens departments and external stakeholders by researching root causes, contacting various internal teams, communicating with landlords, and updating agreements, with oversight. Updates real estate information in internal systems.
  • Participates in, and at times leads, meetings with various departments to collect and report on information regarding process standardization and improvement, waste elimination, and customer requirements for ad hoc reporting.
  • Creates appropriate business metrics for division processes and updates score cards based upon objective interpretations of performance against metrics/standards.
  • Provides data insights and recommends corrective actions to address adverse trends or deploy best practices associated with program trends.
  • Prepares monthly asset management reports to align with division strategy and objectives and tracks progress to further drive value creation activities.
  • Maintains and manages data within the asset management database with emphasis on reviewing and managing performance metrics to guide future strategies.

External Basic Qualifications

  • Bachelor's degree OR a high school diploma/GED and at least 3 years' experience in real estate industry.
  • Experience developing ways of accomplishing goals with little or no supervision, depending on oneself to complete objectives and determining when escalation of issues is necessary.
  • Experience organizing and prioritizing project workload to meet deadlines.
  • Experience collaborating with internal and external resources to help communicate strategies that meet department goals within budget and established timelines.
  • Experience in learning and applying real estate concepts required to deliver results.
  • Intermediate level skill in Microsoft Excel (for example: using SUM function, setting borders, setting column width, inserting charts, using text wrap, sorting, setting headers and footers and/or print scaling).
  • Intermediate level skill in Microsoft PowerPoint (for example: applying a theme, formatting character spacing, inserting a picture, changing slide layout and theme colors, adding transitions, customizing slide numbers, changing chart style and/or formatting font).
  • Willing to travel up to/at least 10% of the time for business purposes (within state and out of state).


Preferred Qualifications

  • Bachelor's Degree in Finance, Economics or Real Estate

The Salary below is being provided to promote pay transparency and equal employment opportunities at Walgreens. The actual hourly salary within this range that you will be offered will depend on a variety of factors including geography, skills and abilities, education, experience and other relevant factors. This role will remain open until filled. To review benefits, please click here jobs.walgreens.com/benefits. If you are applying on a job board or unable to click on the link, please copy and paste this URL into your browser jobs.walgreens.com/benefits

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About Walgreens

Walgreens is the nation's largest drugstore chain with fiscal 2010 sales of $67 billion. The company operates 7,689 drugstores in all 50 states, the District of Columbia and Puerto Rico. Each day, Walgreens provides nearly 6 million customers the most convenient, multichannel access to consumer goods and services and trusted, cost-effective pharmacy, health and wellness services, and advice in communities across America. Walgreens scope of pharmacy services includes retail, specialty, infusion, medical facility, and mail service, along with respiratory services. These services improve health outcomes and lower costs for payers including employers, managed care organizations, health systems, pharmacy benefit managers, and the public sector. Take Care Health Systems is a Walgreens subsidiary that is the largest and most comprehensive manager of worksite health centers and in-store convenient care clinics, with more than 700 locations throughout the country.

Walgreens Careers

Joining Walgreens means becoming part of a team dedicated to inspiring health and well-being across America. As a cornerstone of the community, Walgreens offers unparalleled job opportunities in the retail and healthcare sectors, making it an ideal place for professional growth and innovation. Work You’ll Do At Walgreens, every position contributes to our mission of delivering premier health solutions while ensuring a diverse and inclusive workplace that fosters growth. Our team members are at the forefront of transforming customer experiences through dedication and expertise. Lead with Innovation and Leadership Embrace the opportunity to lead at Walgreens, where we combine industry expertise with a culture of innovation. Our leadership is committed to nurturing a professional environment where ideas thrive and leadership skills are honed through comprehensive diversity training and leadership development programs. Engage in Meaningful Work Join a team that values hard work and creativity, where your skills will be enhanced through challenging projects and collaborative team efforts. Walgreens is not just about filling prescriptions—it's about offering solutions that promote healthier communities. Explore Career Opportunities Whether you're looking for an entry-level position or a more advanced professional role, Walgreens offers a range of career paths in dynamic business areas. From in-store roles to corporate support, our job opportunities are designed to fit a variety of skills and interests. Internship and Employment Benefits Start your career with a Walgreens internship and gain hands-on experience that paves the way for future employment. Our interns work on real projects that matter, gaining skills that are crucial for future success. Full-time team members enjoy a wealth of benefits, including comprehensive health coverage, retirement plans, and exclusive employee discounts. Invest in Your Career Growth Walgreens is committed to the career development of our employees. We provide resources and training that encourage continuous learning and career advancement. With support for certifications and networking opportunities, team members can expand their professional horizons and achieve their career goals. Stay Connected Join Our Team Discover the diverse range of hiring opportunities at Walgreens by exploring open positions that match your skills and interests. We are looking for passionate, curious, and solution-driven team players ready to make a significant impact. Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work at Walgreens. Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Explore the exciting and rewarding opportunities that await at Walgreens. At Walgreens, we are excited to see where your ambition takes you. Join us and be part of a team that is dedicated to shaping the future of health and wellness for everyone.
Learn more about Walgreens
Size
202,000 employees
Market Cap
$32.8 billion
Industry
Net Income
-$696 million
Founded
1901
5 Year Trend
+2.3%
Revenue
$141.5 billion
NASDAQ

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