Full-Time

Dir – Portfolio Management

Confirmed live in the last 24 hours

Meijer

Meijer

10,001+ employees

Family-owned retail chain offering groceries and merchandise

No salary listed

Senior, Expert

Grand Rapids, MI, USA

Category
Real Estate
Real Estate Property Management
Required Skills
Sales
Connection
Connection
Connection
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Requirements
  • 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
Responsibilities
  • 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

Meijer is a family-owned retail chain operating primarily in the Midwest United States, offering a wide range of products including fresh food and household items at competitive prices. The stores are large-format, combining grocery and general merchandise, which allows customers to complete all their shopping in one place. Meijer differentiates itself through its commitment to community engagement and customer satisfaction, investing in its employees and supporting local initiatives. The company's goal is to enrich the communities it serves while providing a positive shopping experience.

Company Size

10,001+

Company Stage

Early VC

Total Funding

$27M

Headquarters

Greenville, South Carolina

Founded

1934

Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion of private label brands boosts Meijer's competitive edge.
  • Increased demand for local and organic products aligns with Meijer's offerings.
  • Growth in online grocery shopping presents new opportunities for Meijer.

What critics are saying

  • Amazon Fresh's expansion could erode Meijer's market share.
  • DoorDash's grocery delivery services challenge Meijer's in-store shopping model.
  • Intense competition in the retail market may pressure Meijer's pricing strategies.

What makes Meijer unique

  • Meijer is a family-owned retail chain with a strong Midwest presence.
  • The company combines grocery and general merchandise in large-format stores.
  • Meijer emphasizes community engagement and customer satisfaction as core values.

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Benefits

Flexible Work Hours

Parental Leave

Professional Development Budget

Hybrid Work Options

Company News

Supermarket News
Sep 7th, 2024
Meijer Selects Service for Online Marketing

Meijer partnered with Oneupweb to increase traffic and conversion rates on the site and create a positive reputation as a national online retailer.

Yahoo Finance
Jul 17th, 2024
Meijer Recognized As A Best Place To Work For Disability Inclusion For Eighth Consecutive Year

Retailer achieves top score of 100 on national Disability Equality IndexGRAND RAPIDS, Mich., July 17, 2024 /PRNewswire/ -- Meijer was recognized today as a Best Place to Work for Disability Inclusion by the Disability Equality Index (DEI) for the eighth year in a row, demonstrating its ongoing commitment to championing a culture of dignity and respect for its team members.Meijer is a Grand Rapids, Mich.-based retailer that operates 241 supercenters throughout Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin. A privately-owned and family-operated company since 1934, Meijer pioneered the “one-stop shopping” concept and has evolved through the years to include expanded fresh produce and meat departments, as well as pharmacies, comprehensive apparel departments, pet departments, garden centers, toys and electronics. (PRNewsfoto/Meijer Inc)The DEI is a comprehensive benchmarking tool that helps companies build a roadmap of measurable, tangible actions they can take to achieve disability inclusion and equality. It is a joint initiative of Disability:IN and the American Association of People with Disabilities (AAPD) that measures key performance indicators across organizational culture, leadership, accessibility, employment, community engagement, support services, and supplier inclusion. Now in its 10th year, the DEI helps businesses positively impact the employment of people with disabilities, create long-term value, and mitigate risks from new legislative requirements."At Meijer, treating our team members with dignity and respect is more than a statement – it's something we live out every day. From our humble beginnings in Greenville, Mich., to now celebrating our 90th anniversary with more than 70,000 team members across the Midwest, this sentiment remains a core part of our values and culture of belonging," said Timothy Williams, Meijer Vice President of Diversity & Inclusion

PR Newswire
Jul 16th, 2024
Meijer Launching New School Supply List Technology for Seamless Back-to-School Shopping

To help families stick to their budgets, Meijer launched six new Meijer brand products, including markers, crayons, colored pencils, glue sticks, and glue, ranging in price from 25 cents to $1 through Labor Day, available on store shelves now.

Patch
Jun 1st, 2024
Major Retailer Meijer Could Be Eyeing Entry Into Pittsburgh Market

Meijer has not commented on whether it has an interest in opening a store in Western Pennsylvania.

PR Newswire
May 28th, 2024
Meijer to Open First Grocery Format Store in Indiana on July 11 in Noblesville

Meijer to open first grocery format store in Indiana on July 11 in Noblesville.