Senior Corporate Real Estate Manager

Schnuck Markets, Inc.

4d•Hybrid

About The Position

The Senior Corporate Real Estate Manager ensures SMI properties are well maintained, welcoming, safe, and cost efficient without sacrificing service quality. The role manages tenant relationships, leasing, rent collection, and contracts for tenants, subtenants, and licensees, and may project-manage store openings and maintenance or engineering projects. The portfolio includes distribution and warehouse facilities, vacant land, and the exteriors of store locations, including pavement, landscaping, fencing, signage, irrigation, and exterior capital projects. The manager oversees landlord compliance for property exteriors and controls exterior signage across SMI-operated properties. The role also manages SMI real estate assets to produce a satisfactory return on investment; audits rent and net charges paid to landlords; administers Lucernex Real Estate software; manages a third-party lease administration contractor; and oversees vendor accounts and contractors. It requires four days per week in the office for up to six months while learning the role, followed by a schedule of three office days and two remote days. The position is located in St. Louis, Missouri.

Requirements

Bachelor’s degree in business administration, finance, or real estate is preferred.
Eight or more years of experience in commercial, industrial, and retail property management is preferred.
Experience in leasing and accounting.
Ability to manage real-estate, signage, and maintenance requests from store management, division, operations, marketing, maintenance/engineering, and community development.
Ability to manage tenant contracts and financial responsibilities.
Ability to read and interpret legal documentation, write reports, and analyze complex contractual relationships from varied viewpoints.
Relationship-building skills.
Effective oral, non-verbal, and written communication skills.
Analysis and negotiation skills.
Contract administration and interpretation skills, specifically in commercial and retail real estate.
Risk management skills.
Walking and standing for less than half a day; ability to lift up to 25 pounds; travel of 0–25%.
Work may include hours outside normal business hours and some overnight travel.

Nice To Haves

For internal candidates, store/facility teammates are preferred to have at least six months of employment with Schnucks.
For internal candidates, Store Support Center teammates are preferred to have at least one year of employment with Schnucks.
Internal candidates must be in good standing, not on a performance improvement plan or active discipline, and must have manager approval based on performance if invited to interview.

Responsibilities

Coordinate with store and division leaders, Operations, Marketing, and other stakeholders to operate properties and work with landlords and SMI contractors.
Conduct annual financial audits of includable costs to ensure charges comply with SMI contract terms.
Review, analyze, interpret, and enforce contractual obligations for each site, and work with government agencies on compliance.
Manage relationships with tenants, subtenants, and licensees, including leasing, rent collection, and contracts.
Manage exterior signage, including storefront, pylon/marquee, and parking lot signs.
Supervise contractors and manage vendor accounts.
Review and pay real estate taxes.
Perform property accounting functions and contractor accounting functions.
Manage property maintenance and capital projects, daily operations, and emergencies in coordination with contractors, landlords, and government agencies.
Audit and negotiate expense reductions related to common area maintenance, insurance, and real estate taxes excluded under contract language.
Administer Lucernex Real Estate software and manage the third-party lease administration contractor.
Manage SMI real estate assets to produce a satisfactory return on investment.
Make recommendations to management.