Real Estate Portfolio Manager

Dollar TreeChesapeake, VA
2d

About The Position

The Real Estate Portfolio Manager is responsible for managing and optimizing a portfolio of leased Family Dollar retail locations across a large national footprint. This role leads lease negotiations, landlord relationship management, and portfolio optimization initiatives designed to support store performance and improve occupancy economics. The position partners closely with cross-functional stakeholders including Facilities, Legal, Lease Administration, Lease Accounting, Operations, Finance, and Real Estate Development to ensure alignment between real estate strategy and business objectives. The Real Estate Portfolio Manager leverages financial analysis, market knowledge, and negotiation expertise to structure agreements that support the long-term success of the Family Dollar store network.

Requirements

  • Bachelor’s degree in Real Estate, Business Administration, Finance, or a related field required.
  • 5+ years of experience in commercial real estate, retail real estate, lease negotiations, or portfolio management.
  • Demonstrated experience negotiating commercial lease agreements.
  • Experience managing multiple transactions or projects simultaneously.
  • Strong understanding of commercial lease structures and retail real estate fundamentals.
  • Ability to analyze financial data and understand store-level performance drivers and occupancy costs.
  • Excellent relationship management skills.
  • Strong organizational skills with the ability to manage competing priorities and deadlines.
  • Proficiency with Microsoft Office applications, including Excel.
  • Familiarity with lease administration or real estate management systems.
  • Strong verbal and written communication skills
  • Advanced negotiation skills with at least 3 years of proven track record of commercial real estate negotiations.
  • Expert at adapting to change in a fast-paced environment

Responsibilities

  • Manage a portfolio of leased retail store locations and serve as the primary point of contact for landlord negotiations and lease-related matters.
  • Proactively monitor lease expiration schedules and develop negotiation strategies to support favorable lease outcomes.
  • Evaluate opportunities for lease renewals, restructures, rent reductions, relocations, or early terminations in support of portfolio optimization.
  • Maintain detailed records of negotiation activity and portfolio performance.
  • Lead negotiations with landlords for lease renewals, amendments, extensions, rent relief, and other lease modifications.
  • Structure agreements that balance operational requirements with financial objectives.
  • Coordinate with Legal and Lease Administration to ensure lease documentation aligns with negotiated business terms.
  • Analyze store-level financial performance and occupancy costs to inform negotiation strategies.
  • Assess the financial impact of proposed lease terms, including rent, CAM, and other occupancy-related expenses.
  • Support the development of strategies that improve store-level profitability and portfolio value.
  • Partner with internal stakeholders including Facilities, Operations, Legal, Finance, Lease Accounting, and Real Estate teams to support store operations and real estate strategy.
  • Facilitate internal approvals and ensure alignment with company policies and processes.
  • Communicate portfolio strategies and transaction outcomes to leadership and internal partners.
  • Identify underperforming locations and collaborate with internal partners to develop solutions that may include renegotiation, relocation, or closure strategies.
  • Monitor market trends and landlord dynamics to support proactive portfolio management.
  • Contribute to broader real estate initiatives that enhance portfolio performance.
  • Other duties as assigned.

Benefits

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