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Real Estate Manager - West Coast - Remote

Company: Phillips Edison & Company
Location: Los Angeles
Posted on: June 25, 2022

Job Description:

Role Mission Prime Communications is AT&T's largest authorized retail partner, with nearly 2,100 retail stores coast- to-coast. We are looking to hire a remote Real Estate Manager. The ideal candidate will reside in California and will be responsible for supporting the Prime Real Estate Department as a deal maker in their assigned territory. Send resume to John DeAngelis, Real Estate Director. jdeangelis@primecomms.com Key Responsibilities

  • Execute Prime's real estate strategy from site feasibility through lease signing and store opening
  • Negotiate business terms and letters of intent for new store leases, relocations, closures, and renewals
  • Drive high occupancy cost savings through the renegotiation of leases
  • Proactively manage a high-volume renewal pipeline in advance of critical lease action dates
  • Facilitate the resolution of operational lease issues with Landlords
  • Develop and manage relationships with landlords, brokers, development partners, and AT&T Corporate leadership
  • Develop and manage relationships with Prime internal partners in Construction, Legal, Store Maintenance, Lease Administration, Finance, and Store Operations
  • Conduct market tours with brokers and field partners to analyze existing locations and perform due diligence for new sites
  • Prepare and present real estate committee packages for deal approval
  • Maintain and update real estate document data base for all assignments
  • Represent Prime at ICSC meetings Other duties as assigned Key Qualifications
    • Bachelor's degree in business, real estate or related field
    • Minimum 5 years of experience in retail real estate representing a large national chain
    • Excellent written and oral communication skills
    • Strong negotiation skills and a proven track record of occupancy cost savings
    • Strong organizational skills and the ability to work in a fast-paced environment with a high volume of annual real estate transactions
    • Strong knowledge of retail leasing concepts, store P&L analysis, store construction practices, and lease clause interpretation
    • Proficient with Excel, Power Point, and other Microsoft Office products
    • Ability to travel up to 30% of the time

Keywords: Phillips Edison & Company, Los Angeles , Real Estate Manager - West Coast - Remote, Executive , Los Angeles, California

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