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Real Estate Manager (Western U.S.)

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Tesla

2021-12-03 08:52:23

Job location Palo Alto, California, United States

Job type: fulltime

Job industry: Real Estate & Property

Job description

The Role

Tesla is seeking a Real Estate Manager to play a key role in the company's continued growth. We have a regional position available which will primarily cover Southern California and Hawaii. You will be responsible for increasing the footprint of locations supporting the specified line of business in your designated region. You will also collaborate cross functionally with internal teams including Sales, Service, Retail Development, Construction and Design as well as Legal, Finance and Lease Administration and external partners including landlords, developers, brokers and advisers to lead and complete new location development.

Responsibilities

* Responsible for site selection and negotiation for new locations in the designated region
* Gather and evaluate economic, demographic and other market data to identify and prioritize key markets
* Perform and collect necessary due diligence to prepare for Development
* Work with internal business partners to create business case justification
* Manage and maintain broker relationships
* Negotiate LOIs and work letters for properties selected
* Negotiate lease alongside Legal team
* Understand zoning and DMV licensing requirements per state
* Works closely with project manager, design manager and finance teams throughout the lifecycle of a real estate deal from site selection to project completion
* Collaborate with internal business partner to validate our real estate strategy including lease terminations, consolidations, expansions, renewals and relocations
* Manage deal timeliness, property standards and budget goals alongside internal partners
* Learn and Penetrate new real estate markets and determine ideal location suitable for development

Requirements

* Bachelor degree in relevant area of study (Business, Real Estate, Economics, Finance) or equivalent experience and evidence of exceptional ability
* Minimum ten (10) years of transactional real estate across multiple real estate product types. Including leasing, acquisitions, and dispositions
* Demonstrated negotiation skills
* Understanding of real estate principles and concepts
* Understanding of legal terms specific to Real Estate
* Ability to create and interpret Pro forma, Cash Flow Analysis and Basic deal tracking structures
* Ability to identify and report site specific conditions
* Exceptional ability to gather, analyze and present demographic and financial data in executive level reports
* Experience with municipal planning and zoning procedures preferred
* Proficient with MS Excel, Word and PowerPoint
* Ability to travel up to 50%

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