Real Estate Manager

La-Z-Boy • Monroe, MI

2d

About The Position

Comfort starts with our 10,000+ team members across the globe, who are transforming the power of comfort every day. Our employees have the power to change lives, in our homes, work and communities. We foster an inclusive environment while honoring a legacy built on family, where everyone can be themselves. If you are ready to join an industry leading organization where our people are the most important asset, and innovation propels us into the future, you’re ready to take your seat at La-Z-Boy Incorporated. WE BELIEVE IN THE TRANSFORMATIONAL POWER OF COMFORT Job Summary: Manages the real estate portfolio of existing La-Z-Boy retail stores, distribution facilities, offices and plants. Interact with brokerage teams across the country to source and evaluate all alternatives for new growth opportunities and existing store lease renewals. Take an active role in market research management and evaluation for new and potential relocation store decisions.

Requirements

• Bachelor’s degree with 6-8 years of experience including 3-5 years of supervisory/leadership experience or equivalent
• Travel Required: 40%
• Strong understanding of current retail real estate environment in the United States, knowledge of market research and experience in real estate negotiations.

Nice To Haves

• None

Responsibilities

• Oversee and manage the real estate for both company owned locations and dealer stores throughout the La-Z-Boy store network
• Lease negotiations – with assistance and input from the company’s in-house real estate attorney, negotiate with 3rd parties to arrive at favorable terms for retail and industrial properties
• Assist with the manufacturing and distribution real estate portfolio around the globe in connection with the Vice President of Real Estate
• Real Estate Committee – lead preparation, data presentation and all matters related to real estate committee to present projects for final approval
• Support dealer network for market planning, market research, Letter of Intent negotiation and final real estate committee approval
• Participate in site tours to various markets to narrow down potential real estate options for final executive approval
• R&A Approval – provide documentation for each new lease, renewal or relocation tied to the business and ROI associated with the project
• Assist with negotiating dealer acquisitions across the country
• Work on misc. real estate matters and property management issues for operating and closed facilities.
• Other administrative real estate functions as assigned by the Vice President of Real Estate.

Benefits

• Medical, Vision, Dental and Basic Life Insurance
• available 401k retirement plan with company match of up to 6%
• Paid time off includes: 9-11 paid holidays each year, two weeks’ prorated vacation as a new hire and either personal time (non-exempt only) or state mandated sick time.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager