Corporate Property Manager

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Job description

The primary responsibility of the Corporate Property Manager is to manage the asset base and provide Real Estate portfolio support for all TBC brands with emphasis on the management of leased assets. Support includes the review and analysis of the retail and franchise portfolio including but not limited to: lease renewals, extensions, amendments, terminations, real estate control policy, disposal of surplus property, subleasing, determination of rent or rent reduction requests, eminent domain, insurance, taxes, and landlord disputes.

Job Requirements:
Job Responsibilities

• Managing the Lease Renewal Process for company owned and operated and franchise business units, including negotiating extensions, new lease options, rent reductions, obtaining tenant improvement allowances, and processing of the contracts and amendments that memorialize those deals. Providing assurance to the business that contractual renewal dates are met in a timely manner and the proper management approvals are obtained at Real Estate Committee
• Managing and completing various asset management functions including property purchases, right of first refusal analysis, condemnations, easements, special projects and the sale and subleasing of surplus properties
• Coordinating with VP Real Estate, Lease Administration, Field Real Estate Managers (REM's), Finance and Operations, to manage property management projects and issues for Company Operated and Franchised locations. Communicating regularly with subtenants, landlords, franchisees and internal functional groups
• Supporting as necessary the field real estate team along with the VP Real Estate, market analytics, and operations to update market plans for each corporately run brand; to include relocations, closures, and infill opportunities
• Coordinating with Facilities and Lease Administration on condemnations, partial takings, tax issues, easements, extraordinary circumstances, to ensure continued operation of franchised locations and company operated locations is achieved.
• Coordinating with Credit and Operations when franchisees are defaulted or terminated to ensure that the proper real estate control process is followed to maintain the maximum control on each Franchise property. Coordinating the routing of any internal approval in the real estate control process of any franchised locations

Qualifications

• Bachelor's Degree Required in business, real estate or related field
• Master's Degree a plus
• 5 years + direct experience in Leasing/Property Management, specifically head lease/sublease, renewals, lease extensions, rent negotiations. Direct deal making experience a requirement, preferably on the corporate tenant side, knowledge of legal real estate documents and processes
• Strong negotiating, analytical, verbal and written communication skills and presentation skills
• Ability to work in a fast-paced multiple project environment and with a strong sense of urgency
• Must be comfortable prioritizing, managing, and tracking a large number of leases per year that require renewal, extension, or re-negotiations annually
• Ability to drive decision making within the organization
• Ability to solve practical problems and work effectively with internal staff, outside vendors and franchisee partners
• Must cope successfully with multiple priorities, tasks, and complexity and work effectively under pressure with an organized approach
• Must work independently and be detailed oriented with excellent technology and time management skills

Benefits

• Competitive compensation and bonus
• Tuition reimbursement
• 401k plan with a company match. Immediate 100% vesting
• Comprehensive benefits including medical, dental and vision
• company paid short term disability and employer subsidized long term disability
• Discounted tire and automotive services
• And more!