Senior Manager - Real Estate

POSITION SUMMARY 

 

This position will report to the Senior Vice President & Chief Legal Officer and will additionally work closely with the Company’s operations team.  This position will serve as critical support for all PrimeSource real estate matters, and its network of distribution centers.  The role will be a key player implementing the Company’s real estate strategy.

 

ESSENTIAL FUNCTIONS          

• Handle all aspects of construction management, working with the Company’s operations team and landlord representatives.
• Manage lease renewals and relocations. As part of the same, position will work closely with the Company’s operations and legal teams well in advance of a critical lease date (option notice, termination date, etc.) to determine the needs of that location and how best to meet these needs. 
• Review lease agreements, coordinating with the Company’s legal and ops teams, as well as outside brokers, to negotiate and secure sound leases with terms that are advantageous to the Company.
• Perform analytical work to help drive real estate decisions and manage project budgets.
• Ensure real and personal property is properly valued for property tax purposes.
• Complete internal, and oversee the completion of third party, appraisals when needed.
• Coordinating with Company’s tax function, manage all property taxes, including, real and personal property tax liabilities (and challenge values when necessary).
• Direct the work of environmental consultants.
• Maintain accurate records on all real estate owned, leased, or ready to own/lease.
• Responsible for organizing, and preparing documentation for, all meetings of the Company’s real estate committee.
• Continually enhance real estate processes and identify savings when possible.
• Provide oversight to third party lease administration team.

QUALIFICATIONS

 

EDUCATION    

• Bachelor’s degree required, preferably in accounting, finance, business administration, or a related field.

REQUIRED SKILLS & EXPERIENCE    

• 10+ years of corporate real estate experience and oversight of corporate facilities.
• Strong knowledge of lease administration.
• Experience in negotiating lease language and real estate purchase and sales contracts.
• Previous experience reviewing legal documents such as estoppels and SNDA agreements.
• Previous experience with warehouse/industrial/distribution leases and facilities management.
• Experience and proficiency with commercial real estate software such as Crexi/Sight, CoStar Group, etc. is preferred.

CERTIFICATIONS & LICENSES            

• Real Estate broker’s license a plus, but not required.

SCHEDULE: Monday through Friday. Work from home Friday, on-site Monday-Thursday.

 

TRAVEL: Average of 1 or 2 trips per month, across the Company’s DC network in the continental U.S., subject to work demands. 

 

REPORTS TO: Navin Rao, Chief Legal Officer

 

POSITIONS SUPERVISED: N/A

Qualifications

BLUEPRINT/ ORGANIZATIONAL COMPETENCIES    

All those joining PrimeSource Brands are expected to strive to live our Blueprint to fulfill our organizational “why” – to build our tomorrow, today. The key competencies of the Blueprint are:

• Care -- Leads with care; genuinely invested in the success and well-being of co-workers, customers, and the business.
• Winning Together -- Builds collaborative and positive relationships with team members and customers to win in the marketplace.
• Working Hard -- Reliably and consistently committed to the work at hand, showing up on time, meeting promised deadlines, and putting in the necessary time, energy, and effort to successfully get the job done.
• Working Smart -- Uses time and resources wisely, always seeking a better way to complete tasks and reduce unnecessary activities.
• Working Fast -- Anticipates and quickly adapts to change; moves quickly, fails fast, and efficiently pushes forward to deliver results.

 

PrimeSource Building Products, Inc. is an Equal Opportunity Employer. PrimeSource Building Products, Inc. is fully committed to equal employment opportunity (EEO) and maintaining a workplace free of discrimination and harassment base