(USA) Senior Manager, Portfolio Management
About The Position
The Real Estate Manager is responsible for leading new store development and conversion initiatives within an assigned territory. This role owns the full lifecycle of new store delivery—from market strategy and site identification through deal execution and project completion—ensuring alignment with business objectives and long-term growth strategy. The new store development team focuses on expanding Walmart’s footprint by identifying and securing new store locations. Utilizing data-driven insights, the team evaluates site options, manages approval and entitlement processes, and supports real estate transactions. They collaborate across functions to ensure strategic decisions align with business goals. This team plays a key role in managing projects, negotiating agreements, and optimizing property assets to drive growth. Strong skills in portfolio management, negotiation, project management, real estate transactions, and communication are essential to successfully contribute to the team’s objectives.
Requirements
- Bachelor’s degree in Real Estate or related field and 3 years’ experience in real estate, retail development, tenant representation, or related area OR 5 years’ experience in real estate, retail development, tenant representation, or related area.
- 2 years’ experience in property management.
Nice To Haves
- Project and portfolio management, Supervisory
- J.D., Masters: Business Administration
Responsibilities
- Develop market strategies to support new store growth and conversion pipelines; identify and evaluate potential sites through market analysis, demographic research, and field assessments
- Lead negotiations for land deals, manage due diligence, entitlement considerations, and transaction structuring
- Manage projects from site selection through opening, including approvals, timelines, and budgets
- Prepare and present materials for internal decision forums
- Ensure projects stay on schedule and aligned with financial and operational targets
- Coordinate across stakeholders to ensure seamless execution and risk mitigation
- Build and maintain relationships with brokers, landowners, developers, and local officials
Benefits
- Medical coverage
- Vision coverage
- Dental coverage
- 401(k)
- Stock purchase
- Company-paid life insurance
- PTO (including sick leave)
- Parental leave
- Family care leave
- Bereavement
- Jury duty
- Voting
- Short-term disability
- Long-term disability
- Company discounts
- Military Leave Pay
- Adoption and surrogacy expense reimbursement
- PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes
- Live Better U (Walmart-paid education benefit program for full-time and part-time associates)
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What This Job Offers
Job Type
Full-time
Career Level
Senior
