Senior Corporate Real Estate Manager

Job Description JOB SUMMARY The property manager ensures that all SMI properties are well maintained, welcoming, safe environments for our customers and teammates, with an emphasis on cost efficiency without sacrificing quality of service. Manage all tenant relationships, leasing, rent collection and contracts for all tenants, subtenants, and licensees. Property Managers are called upon from time to time to Project Manage new store openings or maintenance/engineering projects. Significant SMI assets include management of St. Louis North Park Distribution Center, Bridgeton Warehouse, Floral, Cold Stor, all vacant land in addition to the exterior of all store locations. This includes all pavement, landscaping, fencing, signage, irrigation and all exterior Capital projects. Manage exterior of all SMI operated properties and manage Landlord compliance with respect to property exteriors. Manage and control SMI exterior signage including but not limited to storefront signs, pylon/marquee and all parking lot signs. In addition, the incumbent manages all assets in the SMI Real Estate portfolio in a manner to produce a satisfactory return on investment. Manage and audit all rent and net charges paid to landlords. System administration of Lucernex Real Estate software. Management of third-party Lease Administration contractor. Responsibilities also include vendor account management and managing contractors.

This role requires 4 days in office for up to 6 months to learn the role and then will be able to shift to 3 days a week in office and 2 days remote. This role is located in St Louis, Missouri.

ESSENTIAL JOB RESPONSIBILITIES

• Communication with Store & Division Leaders, Operations, Marketing and others to operate the properties and coordinate with landlord’s and SMI contractors.
• Annual financial audits of includable costs are performed to ensure costs accurately reflect the terms of SMI’s contracts.
• Review, analyze, interpret and enforce all contractual obligations pertaining to each site. Work with Gov. Agencies for compliance.
• Manage all tenant relationships for Tenants, Subtenants and Licensees.
• Sign Responsibilities
• Supervise Contractors
• Real Estate Taxes - review and payment
• Property Accounting Functions
• Contractor Accounting functions

MINIMUM REQUIREMENTS

• Required Education: Bachelors Degree in business administration, finance, or real estate preferred.
• Minimum Years of Experience: 8+ years experience preferred in commercial, industrial, and retail property management. Also looking for experience in leasing and accounting.

REQUIRED KNOWLEDGE, SKILLS & ABILITIES

Knowledge

• Ability/experience to manage all Store Management, Division, Operations, Marketing Maintenance/Engineering, Community Development requests related to real estate, signage and maintenance.
• Ability/experience to and manage tenant contracts and financial responsibilities.
• Ability to manage property maintenance, with SMI contractors, landlords, government agencies, including initiation of and management of capital projects, daily operations and emergencies.
• Ability to read and interpret legal documentation, read/write reports and analyze complex contractual relationships from varied viewpoints
• Review, analyze, audit and negotiate expense reductions associated with common area maintenance, insurance and real estate taxes excluded per contract language

Skills & Abilities

• Relationship Building
• Effective internal/external communication (oral, non-verbal, and written)
• Analyzation and negotiation skill sets
• Contract administration and interpretation (specific commercial and retail Real Estate experience)
• Risk Management

FORMAL POLICY SETTING

• Makes recommendations to management

PHYSICAL REQUIREMENT AND WORK ENVIRONMENT

Walking

• Less than ½ a day

Standing

• Less than ½ a day

Lifting

• Up to 25lbs

Travel

• 0-25%

Work Environment

• Includes work outside of normal business hours and some overnight travel.

Additional Requirements – Internal Candidates:

• Store/Facility Teammates: minimum of six months employment with Schnucks preferred.
• Store Support Center Teammates: minimum of one year employment with Schnucks preferred.
• Must be in good standing (not on a performance improvement plan or active discipline).
• If invited for an interview, must have manager approval based on performance.

Schnucks is an Equal Opportunity Employer.