Dir, Portfolio Management

Meijer
parental leave
United States, Michigan, Grand Rapids
Mar 12, 2025
As a family company, we serve people and communities. When you work at Meijer, you're provided with career and community opportunities centered around leadership, personal growth and development. Consider joining our family - take care of your career and your community! Meijer Rewards Weekly pay Scheduling flexibility Paid parental leave Paid education assistance Team member discount Development programs for advancement and career growth Please review the job profile below and apply today! The Director, Portfolio Management will be responsible for managing and optimizing the company's real estate assets, including Meijer owned or leased spaces, outlots, development projects, in-store tenant programs. This role will lead a team of Real Estate professionals, focused on executing the various portfolio income generation and property administration programs to support the company's strategic growth plans. What You'll be Doing: Develop and execute comprehensive asset management strategies to maximize the financial performance of Meijer's real estate portfolio Strategic leadership of excess property asset disposition and leasing, in-store leasing program, portfolio income generation. In partnership with the Legal Real Estate team, negotiate transaction related documents to include purchase and sale agreements, lease agreements, lease renewals and amendments to ensure compliance with real estate laws and regulations Maintain and report out on all owned/undeveloped property in the company's real estate portfolio, providing recommendations on how to best drive Meijer revenue growth and make recommendations for development or disposition of company real estate assets Establish and maintain strong relationships with landlords, tenants, partners, vendors, and other stakeholders to ensure the successful operation and management of properties Provides strategic direction on EV charging projects, outlot coffee kiosk vendors, and other income opportunities based on anticipated new store growth, including development of a project plan to meet established financial performance metrics Conduct thorough analysis of market trends, property performance, identify cost savings initiatives and drive portfolio optimization Oversee financial reporting, budgeting, forecasting, and variance analysis for the portfolio, ensuring accuracy and adherence to targets Manages budgets and contracts for all property management functions associated with Meijer's corporate facilities Prepare and present real estate portfolio performance reports to leadership for program awareness, providing recommendations on ways to increase revenue streams based on market trend analysis This job profile is not meant to be all inclusive of the responsibilities of this position; may perform other duties as assigned or required What You Will Bring with You Bachelor's Degree 7-10 years of experience in management of diverse real estate portfolio, including real estate leasing, sales, acquisitions, and property management 5-7 years of experience in contract negotiations Demonstrated project management and real estate portfolio management Ability to convey complex information with clarity for understanding from direct reports up through senior leadership Demonstrated ability to negotiate and lead/influence client base