Responsible for process and governance for all real estate activities across the North America portfolio. Properties include large bulk distribution centers, small and medium sized warehouse, hybrid retail/warehouse depots, institutionalized outdoor storage land sites, contact centers, and traditional office properties. Will work with LKQ corporate real estate staff and a depth of resources from the contracted external real estate service provider to proactively manage a real estate planning, spend management, and execution process for all properties across each of the company's business lines. Essential Job Duties:
- Process and governance of all real estate activities across the North American real estate portfolio.
- Develops real estate acquisition, disposal and management strategies to meet business requirements.
- Analyze existing Real Estate portfolio, including leases, costs, space requirements and optimizing these on a continuous basis.
- Determines lease or buy decisions regarding real estate in close collaboration with Supply Chain and the Regional business function stakeholders (Wholesale, Specialty, Self Service).
- Management and ongoing refinement of the real estate process in order to deliver the most efficient financial budgets in advance of lease critical dates and aligned with the evolving needs of each business unit site.
- Lead recurring portfolio reviews with senior management and key stakeholders to attain inputs from the business and integrated spend management responsible partiesincluding operations, capital expenditure budgets, fleet/transportation, labor, ESGto align with real estate strategies.
- Deploy database metrics to feed portfolio analytics, critical date management and portfolio forecast planning.
- Manage relationships with the contracted external real estate service provider, brokers, consultants, attorneys and finance professionals.
- Drive continual improvement in all aspects of real estate portfolio management by participating on project teams to ensure timely completion of projects and driving the development of project, service and capital budgets.
- Assist with corporate acquisition real estate due diligence.
- Perform analysis and resolution of real estate/property operating expenses.
- Creating annual real estate portfolio budgets.
- Providing quarterly financial forecasts.
- Manage activities related to staffing, including hiring, orienting, evaluating, disciplinary actions, and continuing education initiatives.
- Assume other duties as assigned.
Supervisory Responsibilities
- Lead the work of others who perform essentially the same work. May set priorities, schedule and review work, but have no responsibility to hire, terminate, review performance and/or make pay decisions.
Education & Experience
- Bachelor's degree in real estate, business administration, or a related field; advanced degree or relevant certifications (e.g., CCIM, MCR) preferred.
- 7+ years of experience in commercial real estatepreferably with specific track record in one or more of the fields of corporate real estate, development, project management, real estate finance investments.
- Proven process management experience.
Preferred Qualifications
- Success in leading integrated functional team
- Exceptional financial budget management and analytics skills
- Strategic thinker with the ability to develop and execute long-term real estate plans
Knowledge/Skills/Abilities
- Ability to add, subtract, multiply, and divide in all units of measure, using whole statistical inference, and forecasting. Ability to apply and analyze concepts such as fractions, percentages, ratios, and proportions to practical situations.
- Frequent use of Outlook, Word, Excel, graphics, Ability to create, maintain and incorporate functions into Word documents, Excel spreadsheets, databases, and Powerpoint presentations to support business objectives.
- Frequently communicates complex information across departments and interacts with Can present, resolve, and address delicate situations. Can motivate and persuade others.
- Problems are varied and complex, requiring analysis or interpretation of the Problems are solved using knowledge and skills, general precedents, and practices.
- Decisions have significant, broad implications for the management and Job contributes to decisions on the overall strategy and direction of Company.
- Provides and sets goals and priorities for functional May make recommendations for department policies, practices, and programs. Makes decisions for and/or resolves problems for others.
- Prioritize, organize, and oversee tasks and projects: responsible for
Essential Physical Demands/Work Environment
- Work is primarily sedentary: must be able to sit for extended periods of time and use a computer, keyboard, and mouse, frequently.
- The employee must occasionally lift and/or move up to 25 pounds.
- Travel may be required periodically, including overnight stays (contingent on position requirements). Moderate overnight travel (up to 25%)
Benefits:
- Health/Dental/Vision Insurance
- Paid Time Off
- Paid Parental Leave
- Fertility Coverage
- 401k with Generous Company Match
- Company Paid Life Insurance and Long-Term Disability
- Short-Term Disability
- Employee Assistance Program
- Tuition Reimbursement
- Employee Discounts
- PNC Daily Pay Option