Real Estate Manager

SRS Distribution, a wholly owned subsidiary of The Home Depot, currently operates under a family of distinct local brands encompassing more than 760 locations across 47 states. For more information, visit www.srsdistribution.com. 

Location:  

• This is an onsite/hybrid position for applicants that live local. Our corporate office is located 7440 S. Hwy 121 McKinney, TX 75070 
• This is a remote position for applicants that do not live local. We will provide all equipment to do the necessary functionalities of the position. 

What you’ll Do: 

SRS Distribution (“SRS”) is immediately seeking an experienced Real Estate Manager (“REM”) to support our real estate expansion strategy (Greenfields) and high volume of lease renewal transactions across the US. The ideal candidate will have experience managing a large volume of leasing transactions with specific experience in industrial warehouse and industrial outside storage (IOS). The successful candidate will have an agreeable and flexible mentality and be comfortable with a low-bureaucracy organization where speed, adaptability, and a field-first mentality are paramount.

• Manage high volume deal flow and negotiate leases and build-to-suits under demanding timeframes for Greenfields, in-fill growth, relocations, and lease renewals
• Manage broker partners in assigned region to draft and negotiate Letters of Intent (LOIs), Leases, Subleases, and License Agreements from inception to execution
• Work with internal and external legal counsel in preparing and reviewing real estate related legal documents
• Work closely with the construction & facilities team, national broker account services team, local market brokers, internal and external legal counsel, field operations leaders, lease administration, FP&A, and accounting throughout the lifecycle of the real estate deal
• Effectively communicate expectations, requirements, and status of deals to key business partners – both internal and external
• Develop and maintain strong relationships with internal business partners
• Partner with FP&A to provide rent and CapEx figures for executive approval process
• Other projects and duties as assigned

Requirements We Look For:   

• Bachelor’s and/or Master’s degree in relevant area of study (business, real estate, finance, economics)
• 5+ years of commercial leasing transaction experience within a similar multi-site operating company or real estate services firm focused on a high velocity of annual transactions in multiple states/regions
• Working knowledge of the industrial real estate market and economic factors impacting landlord and tenant side including supply/demand forces impacting industrial real estate
• Demonstrated skills in the areas of commercial lease negotiations with a proven track record to source, negotiate and execute new commercial leases nationally
• Working knowledge on crafting LOIs, understanding lease clauses and their impact to the organization from a legal/risk perspective and a lease administration perspective.
• Proficiency with real estate principles, legal terminology, and provisions in standard commercial leases, as well as working knowledge on real estate finance principals and methodology
• Experience taking opportunities from market research and planning through site selection and lease negotiations
• Excellent planning, organization, and time management skills; Effective resource management and project management skills

Qualities that Stir our Souls (and make you stand out): 

• Strong ability to identify and solve ambiguous problems
• Proven ability to manage cross-functional teams through influence versus direct management
• Ability to carry out multiple assignments concurrently and manage tight timelines
• Excellent communication skills

SRS Perks & Benefits:  

• Weekly Pay 
• Day One 401(k) Plan participation with Generous Company Match 
• Generous Paid Time Off, Holidays, Birthday, and Floating Holidays…. and more  
• Paid Parental Leave 
• Medical, Dental and Vision Benefits 
• Employee Referral Bonus Program 

Our Culture that Inspires You to Click and ‘Apply’: SRS Culture 

Equal Opportunity Employer.

Veteran Friendly Employer. SRS Distribution believes in hiring military veterans at any level for any position.  We know your service trained you in many of the areas we value, such as; leadership, teamwork, performance, integrity, and safety. If your experience matches our requirements, we want you to apply today.