Real Estate Manager

1d•Onsite

About The Position

3M is seeking a Real Estate Manager for the Real Estate Department located in Maplewood, MN. This position leads real estate transactions and related activities to enable and support 3M business units worldwide. The selected candidate provides insight and direction to senior finance, corporate and divisional management with respect to the financial statement impact of complex and diverse real estate transactions proposed by 3M business units and local country subsidiaries. As part of the Real Estate Department Operating Committee, this position is directly involved in the determination of the direction, priorities and resource alignment of the Real Estate Department and is accountable for the results associated within assigned responsibilities.

Requirements

A bachelor’s degree in real estate, finance, or business or engineering, supply chain, etc
5-10 years of experience in complex real estate work
Five (5) or more years' experience across multiple asset classes; manufacturing, distribution, warehouse, office, office, and others.

Nice To Haves

An advanced degree in real estate, business, and/or finance
Understanding of 3M structure, organization, and business culture
Proficient with Microsoft Word & Excel, Financial Modeling in 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 large, matrixed company
Experience in AI application within Real Estate space
Able to independently manage a large volume of varied and complex RE projects
Able to model, package and communicate the financial statement as well as business impact of RE decisions
Experience with real estate finance, debt structuring, land planning & zoning laws
Excellent communication skills
Experience with RE or construction project management and negotiation
Effectively manage relationships inside and outside of the RE department
Knowledge of RE leasing, purchase and sale transactions and title issues
Experience with environmental issues, including common remediation practices
Applied knowledge of international RE practices in leasing and buying/selling RE
Proven ability to manage people and/or complex RE processes

Responsibilities

Member of the RE Dept. Op. Committee
Implement RE Dept. programs and procedures
Develop and implement department priorities
Quantify and analyze alternatives and deliver recommendations, including analytical support, to BU, financial and exec. mgmt. as part of the RE decision making process.
Manage large and complex RE projects and implement global RE strategy.
Team with 3M RE and non-RE professionals to manage 3M RE assets with environmental constraints or other unique qualities.
Represent the RE Dept on individual merger, acquisition, and divestiture projects
Complete due diligence and valuation analysis associated with projects
Formulate contract negotiating points and assist RE counsel in contract negotiation
Support the integration and post-closing activities.
Provide support and counsel with respect to RE sites that are specialized in use, zoning, environmental conditions or have increased visibility in the community.
Develop processes to ensure that data is properly collected, maintained, and reported.
Identify opportunities and initiate actions to improve dept. and corp. RE processes.
Participate in cross-functional teams to drive process improvements in corp. initiatives.
Corporate policies, procedures and security standards are complied with while performing assigned duties.
Contribute to a strong Environmental Health and Safety (EHS) culture by following safety policies, identifying hazards, and engaging in continuous improvement.