Global Corporate Real Estate Manager
Global Corporate Real Estate Manager
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Job Description
CORE RESPONSIBILITIES AND TASKS:
(1) Acquisition of New Facilities:
- Work with Division Management to establish site selection criteria and building requirements for new office warehousing and manufacturing facilities.
- Engage outside brokers and consultants (labor analytics economic incentive etc.) as needed to identify site options and analyze real estate markets.
- Draft and negotiate the business terms of the real estate transaction such as Letters of Intent and Requests for Proposal.
- Coordinate and lead the due diligence efforts (environmental title survey entitlements permitting etc.) and engage outside vendors (surveyors appraisers title companies etc.) to insure that the site(s) have been properly vetted and are consistent with the companys risk profile.
- Resolve issues identified in the due diligence and draft/negotiate legal documentation as necessary such as Access Agreements License Agreements Waivers Releases or Consents.
- Work with in-house and/or outside counsel to draft/negotiate the legal documentation for the real estate transaction such as Purchase & Sale Agreements and Leases.
- Monitor the construction or build-out process to insure the timely delivery/turn-over of the new facility.
(2) Disposition of Decommissioned Properties:
- Engage outside brokers and establish a marketing plan for the leasing or disposition of the property.
- Monitor all environmental remediation activities and assist in the drafting review and negotiation of Environmental Covenants or other land use restrictions.
- Draft/negotiate the business terms and legal documentation for the sale or leasing of the property such as Commission Agreements Purchase & Sale Agreements and Leases.
(3) Advise Operating Divisions on Real Estate Matters:
- Research and handle inquiries from Division Management regarding lease obligations and advise Division Management as to recommended actions regarding leased facilities.
- Assist with resolution of real estate matters affecting company locations such as eminent domain ownership/boundary issues rezoning of nearby properties repair issues etc.
- Evaluate proposals from owners buyers lessors tenants and subtenants with respect to purchase price lease rate buy-out amount etc. and advise Division Management with respect to the same including analysis of economic benefit and potential risks.
- Draft/negotiate the business terms and legal documentation for matters affecting company owned and leased properties such as Utility Easements Right-of-Ways Restrictive Covenants Subordination Agreements Estoppels etc.
- Recommend real estate policies procedures documents and strategy.
(4) Additional Responsibilities:
- Ensure that vendor contracts are in place for the proper maintenance and preservation of the properties until disposition and coordinate any repairs as needed.
- Maintain system to monitor lease expiration dates for all leased facilities and draft/negotiate the business terms and legal documentation for Lease Amendments Extensions and Letters of Exercise.
- Assist in the decommissioning and turn-over of closed facilities to corporate by establishing turn-over standards monitoring environmental closure and facility repair and coordinating inspection team for final site closure.
- Maintain database for all leased and owned facilities both within the US and globally.
Job duties include contact with other employees and access confidential and proprietary information and/or other items of value and such access may be supervised or unsupervised. The Company therefore has determined that a review of criminal history is necessary to protect the business and its operations and reputation and is necessary to protect the safety of the Companys staff employees and business relationships.
Qualifications
POSITION REQUIREMENTS:
FORMAL EDUCATION:
Required:
- Bachelors Degree Business Real Estate or related field of study
Preferred:
- Juris Doctorate
KNOWLEDGE & EXPERIENCE:
Required:
- 5-7 years managing industrial/commercial real estate transactions
TECHNICAL/SKILL REQUIREMENTS:
Preferred:
- Bilingual (English and Spanish French German or Chinese)
TRAVEL REQUIREMENTS:(TIME SPENT AWAY FROM HOME OR OTHER TYPICAL OFFICE LOCATION)
- 10-15%
Required Experience:
Exec
Employment Type
Full Time
