We are looking for individuals who have the following skill sets and experiences:
Managing all property management related issues of a territory of operating stores working cross functionally with other departments in real estate
analyzing leases and restrictive documents for each site to determine if we need third party approvals to complete new initiatives at existing stores and obtaining any approvals required
Communicating with landlords or third parties to resolve maintenance issues outside of Walmart’s maintenance responsibilities
addressing violations issued by jurisdictions
supporting stores that need seasonal real estate support in the form of warehouses or temporary licenses
evaluating, leveraging, and responding to a wide range of third-party requests including easements, curb cuts, waivers of restrictive documents, condemnations, and license agreements
Influencing and implementing a strategy for land dispositions by negotiating and presenting deals to executive leadership
Negotiating and presenting vacant building lease terminations or subleases
Supports real estate transactions and deal initiations for assigned geographic area by gathering and synthesizing data (for example, demographics, consumer behavior trends, competition); supporting the identification of site selection and asset sale options appropriate for non-complex opportunities; providing site selection and asset sale insights to leadership; evaluating and communicating business impact of project decisions (for example, site selection, property management options, disposition); developing project recommendations on business decisions based on analysis; and aligning project plans and the sub-market portfolio strategy and communicating alignment to leadership (for example, Regional Vice Presidents, Real Estate Executive Committee (REC).
Manages realty projects by working with consultants (for example, engineers, zoning attorneys, brokers); managing project risk, timeline, and sunk cost (for example, understanding the project risk, timing of delivery, costs spent to date); conducting project reports and communicating results to leadership; attending governmental approval meetings and acquiring advice from legal and public affairs consultants; complying with internal and external transaction regulations (for example, Sarbanes-Oxley regulations, re-approval guidelines); assessing project alignment with overall portfolio and identifying concerns; analyzing and recommending project status (for example, work-to-date) in order to seek approvals; and understanding milestone objectives and managing their completion.
Additional Salary Information: This role comes with a great base salary, bonus and Equity!
Internal Number: R-1055218
Join Walmart and your work could help over 265 million global customers live better every week. Yes, we are the Fortune #1 company. But you’ll quickly find we’re a company who wants you to feel comfortable bringing your whole self to work. A career at Walmart is where the world’s most complex challenges meet a kinder way of life. Our mission spreads far beyond the walls of our stores. Join us and you'll discover why we are a world leader in diversity and inclusion, sustainability, and community involvement. From day one, you’ll be empowered and equipped to do the best work of your life.