Real Estate Manager

21h•$164,612 - $201,193•Onsite

About The Position

3M is seeking a Real Estate Manager for its Real Estate Department. The position leads real estate transactions and related activities to support 3M business units worldwide. The manager provides insight and direction to senior finance, corporate, and divisional management on the financial statement impact of complex real estate transactions proposed by 3M business units and local country subsidiaries. As a member of the Real Estate Department Operating Committee, the manager helps determine department direction, priorities, and resource alignment and is accountable for results within assigned responsibilities. The role manages large and complex real estate projects, supports global real estate strategy, and works with real estate and non-real-estate professionals on assets with environmental constraints or other unique qualities. It also supports merger, acquisition, and divestiture projects through due diligence, valuation, contract negotiation support, integration, and post-closing activities. The position is based on an on-site working model, requiring at least four days per week at the 3M Center in Maplewood, Minnesota, or another local 3M office. Listed locations are Maplewood, Minnesota; Austin, Texas; and Bracknell, United Kingdom. Travel may be up to 40%. Relocation assistance may be authorized. Applicants must be legally authorized to work in the country of employment without employment visa sponsorship.

Requirements

Bachelor’s degree in real estate, finance, or business.
5–10 years of experience in real estate or a related field.
At least five years of experience across multiple asset classes, such as manufacturing, distribution, warehouse, and office.
Legally authorized to work in the country of employment without sponsorship for employment visa status.

Nice To Haves

Advanced degree in real estate, business, and/or finance.
Understanding of 3M structure, organization, and business culture.
Proficiency with Microsoft Word and Excel, financial modeling, land planning practices, and permitting of mines and/or other large-scale industrial projects.
Experience with SAP.
Experience with real estate database management.
Experience at a large, matrixed company.
Experience applying AI in the real estate space.
Ability to independently manage a large volume of varied and complex real estate projects.
Ability to model, package, and communicate the financial statement and business impact of real estate decisions.
Experience with real estate finance, debt structuring, land planning, and zoning laws.
Excellent communication skills.
Experience with real estate or construction project management and negotiation.
Ability to effectively manage relationships inside and outside the Real Estate Department.
Knowledge of real estate leasing, purchase and sale transactions, and title issues.
Experience with environmental issues, including common remediation practices.
Applied knowledge of international real estate practices in leasing and buying or selling real estate.
Proven ability to manage people and/or complex real estate processes.

Responsibilities

Serve as a member of the Real Estate Department Operating Committee.
Implement Real Estate Department programs and procedures and develop and implement department priorities.
Quantify and analyze alternatives and deliver recommendations, including analytical support, to business units and financial and executive management as part of real estate decision-making.
Manage large and complex real estate projects and implement global real estate strategy.
Work with 3M real estate and non-real-estate professionals to manage assets with environmental constraints or other unique qualities.
Represent the Real Estate Department on individual merger, acquisition, and divestiture projects.
Complete due diligence and valuation analysis associated with projects.
Formulate contract negotiating points and assist real estate counsel with contract negotiations.
Support integration and post-closing activities.
Provide support and counsel regarding real estate sites specialized in use, zoning, or environmental conditions, or with increased community visibility.
Develop processes to ensure real estate data is properly collected, maintained, and reported.
Identify opportunities and initiate actions to improve department and corporate real estate processes.
Participate in cross-functional teams to drive process improvements in corporate initiatives.
Comply with corporate policies, procedures, and security standards while performing assigned duties.
Contribute to a strong Environmental Health and Safety culture by following safety policies, identifying hazards, and engaging in continuous improvement.