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Senior Manager – Portfolio Management – New Stores

Senior Manager – Portfolio Management – New Stores

CompanyWalmart
LocationBentonville, AR, USA
Salary$80000 – $155000
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

Requirements

  • Minimum of 5 years of experience in commercial real estate, preferably in retail site selection.
  • Bachelor’s degree in Real Estate, Business Administration, or a related field
  • Strong analytical and negotiation skills.
  • Excellent project management and organizational abilities.
  • Ability to work independently and make informed decisions.
  • Proficient in real estate market analysis tools and software.
  • Strong communication, presentation and interpersonal skills.
  • Willingness to travel frequently to assess potential sites and manage projects.

Responsibilities

  • Conduct thorough market research to identify potential new store locations.
  • Analyze demographic, economic, and competitive data to assess site viability.
  • Visit and evaluate potential sites to determine their suitability.
  • Negotiate lease or purchase agreements for new store locations.
  • Collaborate with legal teams to review and finalize contracts.
  • Ensure all agreements align with company policies and financial goals.
  • Coordinate with internal teams (e.g., construction, legal, finance) to facilitate store openings.
  • Manage timelines and budgets for new store projects.
  • Monitor progress and address any issues that arise during the development process.
  • Build and maintain relationships with landlords, brokers, and local authorities.
  • Work closely with the store operations team to ensure a smooth transition from site acquisition to store opening.
  • Communicate effectively with senior management to provide updates and secure approvals.
  • Ensure all new store locations comply with zoning laws and other regulatory requirements.
  • Maintain accurate records of site evaluations, agreements, and project milestones.
  • Prepare and present reports on market trends and site performance.

Preferred Qualifications

  • Project and portfolio management
  • Supervisory experience
  • J.D.
  • Masters: Business Administration