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Senior Manager – Portfolio Management – New Stores
Company | Walmart |
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Location | Bentonville, AR, USA |
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Salary | $80000 – $155000 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Senior |
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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