Property Manager Jobs

§ Manage all activities related to surplus property management and disposition, including oversight of surplus disposition and property management vendors, evaluation of early terminations, subtenant proposals and/or sale offers related to company owned properties. Responsibilities include financial analysis, risk mitigation, legal review, and buyer/subtenant qualification. For vacant properties, procures and approves bids for property repairs, maintenance and inspection services. For subleased properties, serves as the liaison between subtenant and DG, ensuring sublease compliance with respect to repair and maintenance obligations, rent payment and reimbursable expenses.

§ Manage right-of-way, condemnations, easements, lease restrictions, co-tenancy waivers, parcel splits, common area alterations, building improvements, etc. as requested by government authorizes, landlords, etc. Assess lease/legal implications of request and partner with field Ops to understand impact on business operations. Conduct independent negotiations with the Landlord, Property Manager or Landlord’s attorney and perform a financial metrics analysis for each project. Secure appropriate exhibits to memorialize negotiated changes, and present recommendation to Sr. Manager, Property Management & Compliance and Vice President, Lease Administration.

§ Resolve (prevent) litigation involving Tenant (DG) default for triple net properties by researching and interpreting lease obligations, determine the appropriate corrective measures and partner with internal departments (Real Estate Legal, Risk Mgmt., Store Facilities, Field Ops, etc.) to initiate plan of action and ensure compliance of the lease. Communicate with Landlords and/or their attorneys regarding the plan of action and/or disputes claim.

§ Support company initiatives and special projects, including property acquisitions, Disaster closed stores, technology development, and merchandising/remodel initiatives. For projects requiring Landlord involvement or consent, negotiate scopes of work for facility upgrades, Disaster rebuilds, property improvements, use waivers, stockroom expansions, etc.

§ Develop and manage reports to communicate on-going activities to senior management, seeking direction on site-specific issues as necessary. Draft and negotiate highly structured lease language and create legal documents (as necessary) in accordance with the Lease and Law Department established guidelines, securing assistance from in-house counsel as needed.

• Advanced skills in communication (verbal and written) to high level internal and external partners, team problem solving, negotiation, multi-tasking, analytical and project management
• Advanced knowledge of word processing, spreadsheet, and database applications
• Independent, critical thinking, problem-solving and analytical skills
• Advanced knowledge and understanding of real estate concepts, practices and procedures
• Ability to work in a highly confidential, professional team environment
• Ability to understand market data information
• Knowledge and understanding of the retail industry
• Self-motivated to achieve company, departmental and personal goalsAbility to manage and track, in an organized manner, a large volume of tasks
• Advanced understanding of legal documents and legalese
• Required to work independently
• General knowledge of construction terminology, site plans, legal descriptions and construction project plans (building and highway)
• Attention to detail, organization, and timely follow-up
• Advanced knowledge and understanding of financial concepts (IRR, EBITDA, gross margin, etc.)