Manager – Property Management
Company | Lowe’s |
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Location | Philadelphia, PA, USA, Hyattsville, MD, USA, Virginia, USA, North Carolina, USA |
Salary | $98200 – $164000 |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Senior |
Requirements
- Bachelor’s Degree Preferably in Business Administration, Real Estate, Engineering, Architecture, or Construction
- 5-7 Years 5 years Commercial property management or related experience, preferably with multiple retail and/or big-box sites
- 5-7 Years 5 years Experience in managing negotiations of occupancy costs for 100 + sites
Responsibilities
- Renegotiation of leases within an assigned geographical area
- Reviews and evaluates existing stores for changes affecting operations
- Primary point of contact for internal customers and property owners
- Negotiates, prepares and coordinates execution of real estate documents
- Maintains and controls divisional financial budget process for CAM expenses
- Develops, maintains and manages portfolio calendar of events and tasks
- Administers ancillary agreements such as Easements, Covenants, Conditions and Restrictions agreements
- Supports store operations initiatives and management
- Reviews, tracks and manages reimbursement obligations
- Coordinates frequently with internal partners to manage real estate assets
- Assists the Property Administration role to maintain the integrity of the Location Management System
- Assists developing and implementing recommendations for property value
- Performs due diligence for ECCR amendments and other requests
- Prepares and presents Property Management matters requiring senior management approval
- Review notices from regulatory authorities for potential impact on real estate assets
- Adheres to departmental operational guidelines and procedures
Preferred Qualifications
- Experience managing CAM audits and reconciliations
- Certified Property Manager (CPM)-IREM
- Certified Commercial Investment Member (CCIM)