Real Estate Manager, Existing Store Portfolio

Now Brewing – real estate manager, Existing Store Portfolio! #tobeapartner

From the beginning, Starbucks set out to be a different kind of company. One that not only celebrated coffee and the rich tradition, but that also brought a feeling of connection. We are known for developing extraordinary leaders who share this passion and are guided by their service to others. This job contributes to Starbucks success by collaborating with Store Development Managers within a region while leading the existing store portfolio renewal workload; developing/executing existing store strategy and leading the lease negotiations for renewals, terminations, and non-renewal amendments to maximize the profitability of the portfolio.

As a real estate manager, Existing Store Portfolio you will…

• Manages existing store portfolio of 1200-1700 locations.
• Collects data, coordinates existing stores market planning process, strategy, and works closely with Real Estate Support Services to execute all aspects of anticipated renewals, non-renewal agreements, remodels, requested relocations/expansions or potential closures.
• Conducts ad-hoc portfolio analysis and due diligence; compiles integrated market strategy report.
• Point of escalation working with internal stakeholders for resolution of existing store issues and/or represent the company on local jurisdictional issues
• Serves as a liaison to regional Real Estate partners works directly with cross-functional stakeholders including Legal, Market Planning, Store Development Finance, Lease Portfolio Management, Financial Lease Administration, Capital Lease Accounting, Licensed Stores and Operations teams.
• Develops comprehensive strategic plan in partnership with regional Real Estate decision-makers and Market Planning to optimize the existing store portfolio and communicate to internal stakeholders.

We’d love to hear from people with:

• 3-5 years of portfolio management experience
• 3-5 years of project management experience within chain store, retail or commercial brokerage
• 3-5 years of experience with retail or restaurant new store rollout
• 3-5 years of financial planning and market analysis experience
• 3-5 years of experience with real estate deal-making and negotiations

Join us and be part of something bigger. Apply today!

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

We are committed to creating a diverse and welcoming workplace that includes partners with diverse backgrounds and experiences. We believe that enables us to better meet our mission and values while serving customers throughout our global communities. People of color, women, LGBTQIA+, veterans and persons with disabilities are encouraged to apply.

Qualified applicants with criminal histories will be considered for employment in a manner consistent with all federal state and local ordinances. Starbucks Corporation is committed to offering reasonable accommodations to job applicants with disabilities. If you need assistance or an accommodation due to a disability, please contact us at [email protected].