Position Mission:
Serves as the real estate manager, primarily in the Industrial/Warehouse space, for company operated distribution center network to support the supply chain strategy within the designated geographic area(s).
Position Performance Measures:
- Identifies and secures new company and supplemental Industrial/Warehouse sites to satisfy the company’s distribution center real estate model.
- Liaisons with supply chain operations and brokers to own strategic and cross functional business initiatives to support the growth of the supply chain distributioncenter network.
Responsibilities:
- Interfaces with landlords, developers, real estate professionals, supply chain operations,and senior management to effectuate strategies to support supply chain network.
- Engages brokers to help implement expansion strategy, primarily in the Industrial/Warehouse space, including managing brokerrelationships, bringing in new sites, drafting letters of intents, and creating briefsummaries of deal.
- Acts as a liaison between company and broker on issues regarding real estate.
- Utilizes financial models to evaluate occupancy cost and leasehold improvements.
- Negotiates contract terms and landlord delivery responsibilities. Reviews and approves documents for accuracy and works with legal to create finalized document.
- Explains real estate and lease circumstances as needed including lease interpretation asquestions arise.
- Develops and maintains comprehensive project documentation, including project plans,design documents, resource allocations, budgets, and post-project reports
- Completes zoning assessment for industrial/flex storage use.
- Prepares real estate approval packages for all sites, including executive summary,proformas, site/fixture plans, signage plans, competitor information, market data, etc.
- Estimates property value by researching and analyzing property information for marketcomps, acquisitions, and financial audits.
- Conducts ad hoc analysis quickly with high degree of accuracy including calculating market rents for upcoming projects, producing reports for senior and executive team, providing updates as requested as well as reports relating to market value comparative analysis and subleases.
- Monitors project progress, identifies risks, and develops mitigation plans to ensure timely delivery.
- Performs other real estate tasks as directed
Experience, Education, and Abilities:
- Bachelor’s degree or equivalent, preferably in real estate, business administration, or related field.
- 5-7 years of experience with industrial/flex site selection in a multi-unit environment development in high growth situations.
- Experience developing and following Real Estate and/or Development and Construction department procedures.
- Ability and experience in estimating retrofit and build out costs for Warehouses and Industrial buildings.
- Experience in the managing of Warehouse/Industrial building refurbishments or construction projects is a plus.
- Proficiency with the Microsoft Office Suite (Excel, Word, and PowerPoint).
- Understanding of real estate laws, practices, calculations and experience in the negotiation of real estate contracts.
- Strong analytical skills including the ability to perform market analysis, calculate figuresamounts relating to real estate leases and related occupancy costs (e.g., taxes, insuranceand common area costs).
- Strong attention to detail.
- Proven track required in identifying, securing, and delivering Warehouse/Industrial sites in multiple metropolitan markets required in a fast paced work environment.
- Knowledge of the process of taking a Warehouse/Industrial site from market research and planning through to thefinal lease negotiation, site permitting, construction and opening.
- Proven record with managing multiple cross functional business relationships with internal and external parties.
- Project management skills with a structured, methodical, and analytical work approach.
- Independent worker who is flexible and reliable with strong communicative skills and ahands-on work approach.
- Ability to prioritize and handle multiple assignments at any given time while maintainingcommitment to deadlines.
- Must possess advanced negotiation skills and the ability to verbally express thoughts in a logical, persuasive manner.
- Travel up to 10% of the time
- This role is not commission-based.
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GPC conducts its business without regard to sex, race, creed, color, religion, marital status, national origin, citizenship status, age, pregnancy, sexual orientation, gender identity or expression, genetic information, disability, military status, status as a veteran, or any other protected characteristic. GPC's policy is to recruit, hire, train, promote, assign, transfer and terminate employees based on their own ability, achievement, experience and conduct and other legitimate business reasons.