Bed Bath & Beyond

Real Estate Administration Director

Posted on: 18 Jan 2021

Union, NJ

Job Description

The Director of Real Estate Administration will manage the Real Estate Committee Meeting process, real estate transaction approval process, the real estate transaction pipeline, real estate data systems, manage the critical date process, and the communication system between the Store leadership and the real estate department.

Responsibilities & Key Accountabilities:

* Organize and coordinate the Real Estate Committee process and ensure that all materials are submitted timely, organized in the proper format
* Own and drive the real estate transaction approval process, managing all necessary approval documents and information, and managing the flow of information between the Real Estate and Legal departments
* Manage the integration of Tango to the Real Estate Department. Further responsible for ongoing utilization of Tango, Buxton, TAS, Excel, and other resources to extract data to effectively present real estate transaction.
* Manage the critical date process including create all necessary reports, tracking and highlighting all at risk stores
* Produce a weekly status report reflecting the status of all transactions including new stores, relocation, lease modifications agreements, and performance against goals.
* Track the progress of transactions through the pipeline and recommend changes to processes and procedures to improve the velocity and quality of transactions.
* Partner with Real Estate Directors, Real Estate Attorneys, senior Store leadership, Construction, Finance and Store Development to inform investment recommendation
* Support the Fleet Review process
* Create and manage a communication system between the Store leadership and Real Estate to obtain information on co-tenancy, sign opportunities, and shopping center conditions.
* Liaison between Real Estate and Lease Accounting regarding co-tenancy issues
* Manage special abstracting processes as the use of Tango is expanded and bring all abstracts up to current requirements
* Support leadership and cross-functional business partners with timely, accurate, actionable tracking

Education and Experience:

* Bachelor's degree in real estate finance, economics, or related field
* 7+ years of experience in retail real estate with a retailer or a landlord.
* Real estate research/analytics background a plus
* Retail background a plus

Skills and Behaviors:

* Intermediate level user of WORD, EXCEL, POWERPOINT and ADOBE CREATIVE
* Experience with Tango or similar real estate administration platform,
* Experience with TAS, Buxton or similar
* Knowledge of retail leases and financial modeling
* Strong analytical, problem solving, organization, and verbal and written communication skills
* Strong sense of accountability and ownership
* Ability to build strong working relationships with business partners across the organization
* Ability to work towards multiple deadlines with shifting priorities
* Excellent time management and organization skills
* Demonstrated initiative and ability to work independently
* Team player with a positive attitude

If you need reasonable accommodations to complete the on-line application, please contact the Human Resource Department:

Phone: 1-844-MYHRSC1

Email: myHRSC@bedbath.com

This email address is only to request reasonable accommodation for the application process due to a medical condition. If you do not need a reasonable accommodation for such reason, please use the apply button below to complete an application and upload your resume.

An Equal Opportunity Employer

It is the policy of Bed Bath & Beyond Inc. to recruit, hire, train, promote, transfer and compensate our associates and provide all other conditions of employment including Company sponsored events without regard to race, color, creed, religion, national origin, age, sex, gender identity, genetic information, marital status, lawful alien status, sexual orientation, physical or mental disability, citizenship status, veteran status, employment status or any other basis prohibited by applicable law.

Bed Bath & Beyond

Union, NJ

Bed Bath & Beyond Inc., together with its subsidiaries, operates a chain of retail stores. It sells a range of domestics merchandise, including bed linens and related items, bath items, and kitchen textiles; and home furnishings, such as kitchen and tabletop items, fine tabletop, basic housewares, general home furnishings, consumables, and various juvenile products. It also provides various textile products, amenities, and other goods to institutional customers in the hospitality, cruise line, healthcare, and other industries. As of March 2, 2019, the company had a total of 1,533 stores, including 994 Bed Bath & Beyond stores in all 50 states, the District of Columbia, Puerto Rico, and Canada; 277 stores under the names of World Market, Cost Plus World Market, or Cost Plus; 124 buybuy BABY stores; 81 stores under the Christmas Tree Shops, Christmas Tree Shops and That!, or and That! Names; 55 stores under the Harmon, Harmon Face Values, or Face Values names; and 2 two retail stores under the One Kings Lane name.

It also offers products through various Websites and applications, such as bedbathandbeyond.com, bedbathandbeyond.ca, harmondiscount.com, facevalues.com, christmastreeshops.com, andthat.com, buybuybaby.com, buybuybaby.ca, harborlinen.com, t-ygroup.com, worldmarket.com, ofakind.com, onekingslane.com, personalizationmall.com, chefcentral.com and decorist.com.

In addition, it operates Of a Kind, an e-commerce Website that features specially commissioned limited edition items from emerging fashion and home designers; One Kings Lane, an authority in home décor and design that offers a collection of selected home goods, and designer and vintage items; PersonalizationMall.com, an online retailer of personalized products; Chef Central, an online retailer of kitchenware, cookware, and homeware items catering to cooking and baking enthusiasts; and Decorist, an online interior design platform. The company was founded in 1971 and is based in Union, New Jersey.

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