Corporate Real Estate Transaction Specialist - Novi, MI

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Job Description
The Real Estate Transaction Specialist will support the Real Estate Management team across one or more divisions in executing the enterprise’s brick-and-mortar capital strategy. This role focuses on lease restructuring, surplus property disposition, tenant leasing, outparcel carveouts, use waivers, property management, and key initiatives that align with long-term network strategy and deliver Return on Invested Capital (ROIC) over time.  Demonstrate the company’s core values of respect, honesty, integrity, diversity, inclusion, and safety.

Responsibilities

• Create and deliver presentation materials for division leadership meetings, real estate site tours, and other ad hoc presentations to communicate project updates, strategic initiatives, and transaction outcomes.
• Partner with division asset management team in the creation and execution of brick & mortar network strategy, including major projects, joint venture developments, fuel centers, remodels, key initiatives, operational closures and divestitures; prioritize projects that deliver ROIC thresholds and support long-term network strategy.
•  Support the Real Estate Manager throughout the entire real estate transaction lifecycle, including due diligence, lease contingencies, tracking key milestone dates and completing supporting legal documentation.
• Partner with Corporate Real Estate, division teams and 3rd Party consultants to evaluate, negotiate and document lease restructuring opportunities that increase leasehold value and align to network strategy through proficient and aggressive negotiating.
• Initiate and manage surplus property disposition and outparcel leasing transactions from inception to completion.
• Partner with key stakeholders ( i.e., 1045, retail maintenance, operations, etc.) to assist with property management functions, ensuring compliance with corporate standards and operational excellence; evaluate landlord common area maintenance obligations and costs to ensure best pricing and negotiate ways to reduce maintenance costs to industry standards while continuing to maintain the customer shopping experience.
• AND MORE...