Senior Manager, Corporate Real Estate Portfolio
Potbelly Sandwich WorksAbout the role
- $120,000 - $130,000 base salary range + annual bonus potential!
- 100% remote in the United States, however, due to state-specific regulatory requirements, Potbelly does not currently support remote work from the following states: Alaska, California, and Hawaii. To be considered for this position, you must be able to perform the role from a state not listed above at the time of hire and for the duration of employment.
Do you hunger for more? Potbelly Sandwich Shop is looking for friendly and outgoing people who enjoy working in a fast-paced, friendly environment. We are where good vibes and great careers are a way of life! What started as a small antique store in 1977 has become a nationally recognized neighborhood sandwich shop with over 400 locations across the United States. But toasty sandwiches are only as good as the people behind them. And yeah, we've got the best. Ready to join our growing Potbelly Nation?
What’s In It For You**:
- Competitive pay with performance-based annual raises!
- Medical, Dental & Vision Insurance
- Domestic Partnership Benefits
- Paid Parental Leave
- FSA and HSA with Employer Contribution
- Commuter Benefit Program
- Retirement Savings 401(k) WITH company match
- Employee Assistance Program
- Paid Time Off
- Discount Program
- Flexible Work Schedule
- Career growth opportunities
**If hired, you must meet and maintain all eligibility requirements to qualify**
GENERAL DESCRIPTION
The Corporate Real Estate Portfolio Senior Manager plays a strategic and hands-on role in managing Potbelly’s nationwide retail lease portfolio. This person ensures our real estate footprint supports operational needs, financial goals, and long-term growth. From lease negotiations to system optimization, you’ll serve as a key partner across departments, helping us stay proactive, organized, and aligned with our development strategy. The Lease Portfolio Manager will report to this role, comprising a small but critical team in support of Potbelly’s overall growth objectives.
FOCUS
Essential Functions & Responsibilities
- Lead strategic planning initiatives for the corporate real estate portfolio to align with organizational growth and cost optimization goals
- Lead process improvement efforts to streamline lease administration, approval workflows, and landlord communications, ensuring efficiency and compliance.
- Drive continuous improvement in lease approval workflows and data systems; identify opportunities for automation and better reporting.
- Manage the entire portfolio of leases, including oversight of renewals, expirations, and negotiations, ensuring accuracy and timely execution.
- Collaborate and anticipate needs of cross-functional teams (Operations, Legal, Development, Accounting, Finance and Facilities) to ensure lease terms support business objectives and operational needs.
- Facilitate engagement with consultants to support negotiated extensions and lease modifications, when necessary.
- Maintain and enhance the Lease Administration system, ensuring data integrity and leveraging analytics for decision-making. Review abstract and entry of new leases as well as lease renewals for accuracy.
- Analyze market trends and portfolio performance to recommend footprint optimization strategies. Manage landlord relationships and respond to ad hoc landlord and lease inquiries, providing strategic guidance and resolution.
- Prepare and deliver reports for executive leadership regarding lease status, opportunities, risks, and cost-saving initiatives.
- Lead the leasing function and the Lease Portfo
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