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What you’ll be doing...
Verizon’s Global Real Estate organization is seeking a dynamic real estate professional with strong experience in retail lease negotiations. As a Real Estate Manager, your primary focus will be managing the existing portfolio of Verizon corporate retail stores in GA, FL and SC with a potential opportunity to identify, recommend and secure new store sites to meet the company development goals for the South East Market.
Duties and Responsibilities:
Management of the existing portfolio of Verizon corporate retail stores in GA, FL and SC
Visit and evaluate each trade area to understand competitive position, vacancy and rent rates to create negotiating leverage
Negotiate lease renewals to reduce occupancy cost and improve competitive position.
Negotiate termination agreements, subleases and other documents as necessary
Manage and utilize brokers in various markets to ensure Verizon has the most up to date information on available locations and market conditions.
Lead lease/amendment negotiations.
Prepare business cases for approval.
Regular and frequent project status reporting.
Presentation to Real Estate Committee
Analyze and evaluate existing store portfolio and recommend future strategy.
Other duties may include:
Manage all activities associated with retail site selection and lease negotiations for relocations and expansions in GA, FL and SC.
Work with Market real estate and leadership teams to create strategic plans to maximize Verizon distribution in various markets.
Conduct research within the identified markets to ascertain availability of sites appropriate for Verizon Retail locations.
Utilize strategic, web-based tools to maximize retail distribution.
Conduct market reviews and site tours to locate, evaluate and recommend high potential real estate sites for the development of Verizon retail stores.
Point of contact with landlords for all other VZ business groups
Other duties as assigned
What we’re looking for...
You'll need to have:
Bachelor's degree or four or more years of work experience
Six or more years of relevant commercial real estate work experience.
Knowledge of commercial real estate as it relates to market planning, site evaluations, city/county/state regulations, building and permitting, utility accesses, easement, parking regulations, and traffic flow.
Willingness to travel.
Valid driver’s license.
Even better if you have one or more of the following:
Familiarity with GIS or other real estate mapping tools.
Ability to evaluate the economic viability of real estate decisions.
Experience in reading and interpreting market and demographic data and matching the site to the needs of Verizon.
Equal Employment Opportunity
We're proud to be an equal opportunity employer - and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. At Verizon, we know that diversity makes us stronger. We are committed to a collaborative, inclusive environment that encourages authenticity and fosters a sense of belonging. We strive for everyone to feel valued, connected, and empowered to reach their potential and contribute their best. Check out our diversity and inclusion page to learn more.