Real Estate Manager

Factory Motor Parts Careers•Eagan, MN

1d•Onsite

About The Position

The Real Estate Manager will be responsible for a variety of tasks related to commercial real estate, including lease negotiations, lease lifecycle management, deal negotiation and approvals, legal instrument processing, proactive strategy tracking, lease administration and accounting, and end-to-end construction oversight. This role involves managing CapEx projects, selecting and managing general contractors, leading the municipal permitting process, and partnering with operations and facilities teams on physical plant issues. The manager will also be responsible for budget and schedule tracking for CapEx projects.

Requirements

Bachelor’s degree in real estate, construction management, business, or a related field, or equivalent professional experience.
5+ years of commercial real estate experience that includes direct, hands-on experience in both (a) lease negotiation and (b) construction/capital project management.
Demonstrated experience with NNN commercial leases and standard lease structures (escalations, holdover, CAM, assignment/subletting, casualty/condemnation).
Hands-on experience managing construction projects, including GC contract negotiation, pay application review, and change order management.
Direct experience navigating municipal permitting processes (building, fire, health, trade permits) through to approval.
Strong written and verbal negotiation skills, with the ability to represent FMP’s interests directly with landlords, brokers, contractors, and permitting authorities.
Ability to manage a high volume of simultaneous lease transactions and construction projects at varying stages, prioritizing independently under general direction.
Proficiency with Microsoft Word and Excel, including redlining/tracked changes and basic budget tracking/financial modeling.

Nice To Haves

Experience in an occupier-side (tenant representation or corporate real estate) role managing a multi-location industrial, warehouse, or distribution portfolio.
Familiarity with lease administration/IWMS platforms (e.g., ProLease, CoStar Real Estate Manager, or similar).
Familiarity with standard AIA contract forms (A101, A201) or equivalent construction agreements.
Working knowledge of ASC 842 lease accounting implications.
State real estate license, or professional affiliation such as NAIOP or BOMA.
Experience managing landlord and general contractor relationships across a geographically distributed, multi-state portfolio.

Responsibilities

Own the full lease renewal and extension process (gap analysis, market/comp research, strategy, counter-proposals, redlines, and execution) for assigned regional locations.
Negotiate business terms directly with landlords, landlord counsel, and brokers following FMP’s two-track approval workflow, escalating economic commitments to the Director and executive leadership.
Independently process routine documents (estoppels, SNDAs, assignments, guaranties) in coordination with legal counsel without requiring executive sign-off.
Track key dates in ProLease, engaging regional leadership ~1 year ahead of renewals/expirations to align on strategy.
Collaborate with the Real Estate Accountant on CAM reconciliations, utility disputes, lease abstracts, executive approval memos, and ASC 842 / GAAP lease accounting considerations.
Manage CapEx projects (new sites, build-outs, expansions, major repairs) from scoping through closeout.
Select general contractors, negotiate construction contracts (e.g., AIA A101/A201), and manage pricing, schedules, retainage, pay applications, and change orders.
Lead the full municipal permitting process (building, fire, health, trade) with local AHJs, GCs, architects, and engineers.
Partner with local Operations and Facilities teams on major physical plant issues (roof, HVAC, parking lots) while owning external contractor, landlord, and permitting relationships.
Monitor CapEx budgets against project codes and flag schedule or cost overruns early to executive leadership.