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Real Estate and Leasing Senior Manager

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Northbrook
 IL
Postal Code
60062
Country
United States

This job is no longer active.

Description


Where good people build rewarding careers.

Think that working in the insurance field can’t be exciting, rewarding and challenging? Think again. You’ll help us reinvent protection and retirement to improve customers’ lives. We’ll help you make an impact with our training and mentoring offerings. Here, you’ll have the opportunity to expand and apply your skills in ways you never thought possible. And you’ll have fun doing it. Join a company of individuals with hopes, plans and passions, all using and developing our talents for good, at work and in life.

Job Description

The Senior Manager is responsible for business unit relationships, site selection and lease negotiation. Provides for contemporary, efficient, and productive work environment.

 

This role also oversees the development of comprehensive field real estate strategies that integrate with business plans within their AOR. This position will incorporate strategic real estate and principles, transaction management, and sound financial management that will deliver short term and long term productivity gains and cost savings for the assigned area of responsibility. This position will typically lead large highly complex real estate transactions.

 

This role can sit in Northbrook, IL; Irving, TX or Charlotte, NC.

Key Responsibilities

•Create and execute real estate strategies supporting company initiatives that drive productivity and financial goals
•Work collaboratively with business units (Director and Officers) and other Admin and Real Estate groups to develop and understand the long and short term real estate needs
•Expert knowledge of Allstate business conditions and operations (market specific, specific business goals, long-range forecasts)
•Effectively recommends complex solutions to Admin and Real Estate leadership; influences business unit leadership to obtain optimal real estate and business goals
•Drives new and existing office site selections considering factors such as the following City Strategies – consolidating offices in on city
Labor Analytics – availability of employee talent pool, cost of local labor and other employment factors
City Selection – determining city location
Market opportunities – buy vs. lease, lease sale back, etc.
Office utilization – driving company staffing to specific locations to improve density
Develops process improvements that have a positive impacts on quality, cost, and time

•Transaction Management Leads and decides on specific site selections which achieves financial, quality, and time goals as set forth
Leads lease negotiation process and drive timely execution of all necessary documents
Facilitate the disposition of owned buildings and excess lease space; recommends solutions to department leadership
Manages the broker and attorney relationships which enable these transactions
Reviews each transaction at completion to evaluate vs. project goals and makes necessary adjustments to future processes

•Financial Management Develop and manages key real estate performance indicators within AOR
Manage the financial relationship with landlords which includes rent issues and Common Area Maintenance charges
Oversee the management and development of the annual operating budget for AOR

•Customer Manages internal customer expectations, challenges, and issues while appropriately delegating to the appropriate team member
Provides positive solutions to customer requests/needs while keeping within company standards and budget goals
Partners with AOR customer leaders to deliver real estate solutions that are cost effective and provide modern workspace
Completes periodic inspections of facilities evaluating general condition/upkeep/obsolescence and completes necessary follow ups to remedy any issues

Job Qualifications

•10+ Years Experience Master negotiator of real estate related business terms and contract documents
Ability to draft documents for proposed purchase/sale/leasing properties
High level abilities to accurately review of drafted documents for legal protections
Fully understands all aspects of building quality and systems
Has a detailed understanding of user requirements (use of facility, personnel projections) and develops sound strategies around this information
Experienced in evaluating market values for sale/lease/land assessments
Highly skilled at selecting partnerships to form teams to complete projects (i.e. brokers, project management, etc.)
Fully understands lease concepts and how proposed changes/modifications affect Allstate and its interests
Fully understands contracts/deed/title reports
Has working knowledge of AOR business marketplaces (conditions, competition, trends)
Fully understands performance capabilities for outside professionals (contractors, consultants)
Holds outside professionals accountable for results
Demonstrated knowledge in financial modeling of real estate transaction. Inclusive of GAAP, cash flows, impact to bottom line, etc.
Understands how capital market conditions, interest rates, investments, and fiscal/ monetary policies affect real estate
Has a high level of experience and skill in integrating labor analytics into real estate strategies
Can develop and influence meaningful partnerships with business unit leadership to proactively manage a portfolio of properties and drive bottom line results

•Education Undergraduate degree in real estate, finance, or management
MBA preferred

•Skills SAP knowledge
Proficient with Microsoft office-Word, Excel, PowerPoint
Ability to effectively communicate to Sr. level leaders including presentations

Good Work. Good Life. Good Hands®.

As a Fortune 100 company and industry leader, we provide a competitive salary – but that’s just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, you’ll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy.

Learn more about life at Allstate. Connect with us on Twitter, Facebook, Instagram and LinkedIn or watch a video.

 

Job Sector


 

Experience


10+ to 15 years


This job is no longer active.

Corporate Real Estate Office Northbrook Full Time IL Financial Analysis, Leasing, Portfolio Management Market and Financial Analyst other