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AUTOMOTIVE PARTS GROUP

Position Mission:

Serves as the real estate transaction manager for company-operated stores throughout the United States. Supports field managers with negotiations, counsel, and information regarding existing company real estate, acquisitions, dispositions, and surplus real estate.

Position Performance Measures:

• Negotiates lease renewals for company-operated stores on a 24-30 month rolling cycle.
• Tracks lease renewal savings.
• Assists with disposition of company surplus property via sale or sublease and tracking of sublease income.
• Completes lease negotiations for expansions of company-operated stores.
• Develops and executes company-owned portfolio leasing strategy via lease action plans for each division.
• Provides real estate support on acquisitions.

Responsibilities:

The primary responsibilities include contacting landlords, negotiating lease terms, developing lease action plans, preparing approval packages, and supporting property dispositions. The role also involves analyzing market data, managing lease documentation, and collaborating with various departments to ensure lease compliance and strategic growth.

Experience, Education, and Abilities:

• Bachelors degree or equivalent work experience required.
• 35 years experience in commercial/retail real estate.
• Understanding of finance principles like capital budgeting and cash flow analysis.
• Ability to interpret commercial lease language and real estate documents.
• Strong communication, organization, negotiation, and customer service skills.
• Proficiency in MS Word, Excel, and MS Office Suite; experience with real estate databases preferred.

Work is performed in a typical office environment.

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