Portfolio Manager, Real Estate
AbbVie•Durham, NC
•$141,500 - $268,500•Onsite
About The Position
The Portfolio Manager, Real Estate reports to the Director of Real Estate and partners with internal and external stakeholders to manage, negotiate, and coordinate complex global commercial real estate transactions. These transactions include new leases, lease renewals, subleases, expansions, terminations, acquisitions, and dispositions. The role is accountable for real estate project delivery in the Americas Region or as otherwise assigned, and aligns real estate outcomes with business objectives. Attendance in Durham, North Carolina, is required.
Requirements
- Bachelor’s degree in Real Estate or Finance.
- 7–10 years of experience negotiating commercial leases.
- Proven success leading real estate transactions in the Americas.
- Strategic thinking and the ability to translate business needs into actionable real estate plans.
Nice To Haves
- MBA.
Responsibilities
- Ensure successful delivery of real estate projects in the Americas Region or as otherwise assigned.
- Collaborate with internal stakeholders, including Global Facility Planning and Engineering, Business Units, Finance, Legal, Risk Management, Tax, and Government Affairs, to align real estate and planning initiatives.
- Partner with internal stakeholders to align real estate outcomes with business objectives and provide clear guidance to leadership.
- Work with external real estate service providers to standardize and ensure the consistency and accuracy of deliverables, including business cases, market surveys, tour books, RFPs, negotiation trackers, financial analyses, status reports, commission reports, and closeout documentation.
- Review and negotiate commercial lease documents.
- Execute complex global real estate transactions that balance cost, flexibility, and business needs, including acquisitions and dispositions.
- Develop and maintain strong relationships with business leaders, cross-functional team leads, and third-party vendors such as brokers, landlords, service providers, Legal, Risk Management, and Tax.
- Track critical dates to ensure planning, site selection, negotiations, and internal approval timelines are met.
- Prepare and present senior-leadership-level documents articulating strategic recommendations, financial analyses, and operational impacts to support informed decision-making and organizational alignment.
- Assist with mergers and acquisitions as needed.
- Assist with Lease Administration as needed.
- Perform other real estate departmental activities as assigned.
Benefits
- Paid time off, including vacation, holidays, and sick time.
- Medical, dental, and vision insurance.
- 401(k).
- Eligibility to participate in short-term incentive programs.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
