Real Estate Manager

<p><strong>We want more movers and shakers, dreamers and doers, thinkers and tinker-ers. We want more people who are excited by their work and passionate about their communities. We want people who are ready to Build Something Amazing.</strong></p> <strong><br />"<em>It is so much more than just the design and the colors and the pattern. I'm making a home"<br />-&nbsp;</em>La-Z-Boy designer&nbsp;<em>Nikole&nbsp;describing how she creates fresh ideas for&nbsp;client homes.&nbsp;<br /><a href="" target="_blank" rel="noopener noreferrer">Watch the full experience here</a>.&nbsp;</em></strong>

Monroe, Michigan

La-Z-Boy Retail

<p><strong>Not many companies can say that they are both a household brand and one of the most innovative organizations in their industry. La-Z-Boy can. Ninety years after our first recliner, we&rsquo;re still re-inventing the industry.</strong></p> <p><strong>We want more movers and shakers, dreamers and doers, thinkers and tinker-ers. We want more people who are excited by their work and passionate about their communities. Our people are what drives us forward. We want people who are ready to Build Something Amazing.</strong></p>

keywords: teamwork,real estate,research,support,real estate,teamwork,oversee,degree,travel,knowledge


Hourly + Commission

Overview: Manages the real estate portfolio of existing La-Z-Boy & Joybird retail stores, distribution facilities, offices and plants. Interact with brokerage teams across the country to source and evaluate all alternatives for new growth opportunities and existing store lease renewals. Take an active role in market research management and evaluation for new and potential relocation site decisions.
Responsibilities: &bull; Oversee and manage the real estate for company owned and dealer stores throughout the La-Z-Boy store network and assist with the manufacturing and distribution real estate portfolio around the globe in connection with the Vice President of Real Estate<br />&bull; Conduct lease negotiations with assistance and input from the company&rsquo;s in-house real estate attorney, negotiate with 3rd parties to arrive at favorable terms for retail and industrial properties<br />&bull; Real Estate Committee &ndash; lead preparation, data presentation and all matters related to real estate committee to present projects for committee updates and final approval<br />&bull; Support dealer network for market planning, market research, Letter of Intent negotiation, and final real estate committee approval<br />&bull; Participate in site tours to various markets to narrow down potential real estate options for final executive approval<br />&bull; Support finance approvals by providing documentation for each new lease, renewal or relocation tied to the business and ROI associated with the project<br />&bull; Assist with negotiating real estate aspects of acquisitions across the country<br />&bull; Work on misc. real estate matters and property management issues for operating and closed facilities and conduct other administrative real estate functions as assigned by the Vice President of Real Estate<br /><br /><strong>SCOPE &amp; IMPACT:</strong><br />This is a transactional real estate manager position that works on leases, renewals and acquisitions with people inside and outside the company. They will support the company&rsquo;s overall real estate strategy but do not have any direct reports. They will be responsible to complete 10 to 15 large real estate transactions per year with an aggregate value of $35+ million. Their work will be presented to our real estate committee that includes the our CFO, CEO, and other business unit executives. From a capital perspective this person will be responsible for investing $5 to $15 million of capital per year in real estate projects.
Requirements: <strong>MINIMUM REQUIREMENTS:</strong><br />&bull; Bachelor&rsquo;s degree with 6-8 years of experience including 3-5 years of supervisory/leadership experience or equivalent<br />&bull; Travel Required: 40%<br />&bull; Strong understanding of current retail real estate environment in the United States, knowledge of market research and experience in real estate negotiations.<br /><br /><strong>PREFERRED REQUIREMENTS:</strong><br />&bull; None<br /><br /><strong>SUPERVISORY RESPONSIBILITIES:</strong>&nbsp;One<br /><br /><strong>PHYSICAL DEMANDS/WORK ENVIRONMENT:</strong><br />Indicate any physical demands required to perform essential functions and/or work environments that the incumbent is subject to in performing the essential functions.<br /><br /><strong>CORE ATTRIBUTES:</strong><br />Communicate Transparently<br />Lead the Team<br />Impact and Influence<br />Deliver Results<br />Coach and Develop<br /><br />At La-Z-Boy, we are committed to fostering an environment in which all employees feel valued, included, and empowered to do their best work and bring great ideas to the table. We understand that our employees&rsquo; diverse backgrounds, experiences, perspectives, and viewpoints add value to our ability to create and deliver the best possible service, quality products, and is of upmost importance as we work together to Build Something Amazing.<br /><br /><strong>OTHER DUTIES:&nbsp;</strong>Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the incumbent for this job. Duties, responsibilities and activities may change at any time with or without notice.