Transactions Assistant Manager - Real Estate

Position Summary

Market and lease/sell a portfolio of shopping center spaces, joint venture developments, outparcels and in-store banks across the enterprise. Manage assets to increase occupancy percentage, net operating income, free cash flow and alternative revenues to meet/exceed industry best levels. Demonstrate the companys core values of respect, honesty, integrity, diversity, inclusion and safety.

Essential Job Functions

• Coordinate legal documents for all transactions (3rd party retail, office, surplus) with G.O. Legal and prepare legal documents for deals
• Assist in the site selection and transaction completion for micro-fulfillment centers to support eCommerce/Digital strategy
• Partner with Alternative Profits team to find creative alternatives to vacant in-store space to provide alternative revenues with an experience that connects with customers; assist with in-store transactions
• Collaborate with division leadership, Facility Engineering, Store Planning and Regional Real Estate to bring visibility to our network of in-store banks in an effort to maintain and grow the income potential
• Work closely with platform brokerage companies and marketing specialists to ensure all spaces are marketed to the public in a professional manner and all information displayed to the public through LoopNet and our website is up to date and relevant
• Initiate shopping center leasing and surplus asset disposition transactions and manage them from inception to completion, including negotiating financial terms, legal documents, entitlements and transaction closings
• Analyze leases & ownership documents and make recommendations to management to maximize the free cash flow and net operating income to Kroger
• Lease shopping center retail space and in-store banks within a region through thorough marketing and diligent, proficient and aggressive negotiating