Job Description

Job Description

About the company
Albertsons Companies is at the forefront of the revolution in retail. With a fixation on innovation and building culture, our team is rallying our company around a unique vision: forging a retail winner that is admired for national strength, deep roots in the communities we serve, and a team that has passion for food and delivering great service.
Albertsons is one of the largest retail employers, providing approximately 300,000 jobs across 2,200 stores, 22 distribution centers, 20 food and beverage plants and various support offices. We operate in 34 states and the District of Columbia under the Albertsons banner, as well as Safeway, Tom Thumb, Jewel Osco, Shaw's and many more recognizable names.
What you will be doing

Based in the Mid-Atlantic area, you will be representing the company on real estate transactions inside your assigned territory. This position drives our continued success as it has responsibility for identifying and evaluating value enhancement opportunities for current assets. Also, the REM works with Senior Real Estate Managers in the field to make recommendations for acquisitions, leasing, and asset disposition transactions.

Key responsibilities

* Initiates and completes real estate transactions of varying types and degrees of difficulty and takes a leadership role in the entitlements, legal documentation, project coordination and project tracking.
* Prepares high quality and accurate investment/disinvestment packages for Real Estate Committee utilizing in-house tools such as Excel, PowerPoint and Mapping Software.
* Coordinates negotiations with team attorney and handles document negotiations.
* Engages and interfaces with brokers to market surplus properties, negotiate business deals, compile, and submit packages to Real Estate Committee.
* Understands basic forecasting methodologies including gravity and analogue models.
* Understands and stays current on company policies relative to the negotiation of legal documents.
* Provides leadership and mentors less experienced real estate personnel, e.g. Real Estate Analysts.

What we are searching for

We believe the successful candidate has these abilities and characteristics:

* Proactive self-starter with an owner/investor/developer attitude.
* Thought leader with ability to influence tenants, landlords and investors to action.
* Highly developed market analysis skills.
* Seasoned and well-honed financial skills able to apply financial modeling techniques and critical analytical frameworks to solve for effective real estate decisions and outcomes.
* Ability to analyze and make recommendations for underperforming real estate assets (e.g., closing, lease re-negotiation)
* Able to understand standard financial statements and can assess potential credit worthiness of tenants.
* Ability to partner with and influence Executive Management.
* Team player able to lead internal and external teams in a fast-paced retail real estate environment.
* Integrity and professionalism to represent the Company's interests to outside investors, professionals and vendors as well as teammates.
* Excellent communication skills both written and verbal.
* Acts in a competent, professional, and timely manner

We believe the successful candidate has these skills and experience:

* 3-5 years of extensive and relevant experience in corporate real estate, shopping center development, and/or transactional real estate with major retailer.
* Bachelor's degree required with emphasis in Real Estate, Finance, or General Business.
MBA preferred.
* Superior expertise in real estate concepts, documentation, and the experience to close deals with limited supervision.
* Possesses an established broad real estate network which enables the candidate to be resourceful and get to solutions quickly.
* Experienced with strong negotiation skills and the ability to negotiate multi-million dollar transactions to a successful conclusion.
* Advanced computer skills including Excel, Word, PowerPoint and Outlook.
* 20% -- 25% travel depending upon assigned region

Our full job description will be made available.
What it is like at Albertsons?
Albertsons Culture Principles
Compassion: We always treat each other with kindness and respect
Team: We always support and recognize each other
Inclusive: We always value everyone's perspective
Learning: We always strive to grow and develop ourselves and others
Competitive: We always act with integrity to win over the customer
Ownership: We always take actions to drive our success