Job Description
What you'll do at
Position Summary...
What you'll do...
We are seeking a passionate
Senior Manager, Real Estate Acquisitions (Sam’s Club) for our New Club Acquisition role. This more senior level position is responsible for identifying, evaluating, negotiating, and securing new store locations aligned with the company’s growth strategy. This role partners closely with internal teams and external stakeholders to drive profitable expansion while managing market-level real estate strategy. If you enjoy resolving issues, have a knack for dealmaking, and thrive in the real estate hunt, this role is for you. Extensive travel is required to visit sites and markets.
What You'll Do…- Growth Strategy Execution
- Lead the search for new site locations and land acquisitions, focusing on specific trade areas geared towards Sam's Club
- Source sites through brokers, developers, municipalities, and direct owner outreach
- Identify real estate needs, including fuel expansion opportunities
- Ensure meticulous attention to detail in map creation and preparation of tour books
- Site Selection and Deal Negotiation
- Evaluate sites using financial modeling, sales forecasts, traffic counts, zoning, and physical constraints
- Ensure site feasibility aligns with operational and construction requirements
- Negotiate deals, to include the execution of LOIs and ROEs. Work with the Legal team on contracts and oversee/assist in the preparation of comprehensive decks for leadership and committee reviews.
- Work with internal associates and external consultants to ensure smooth project closures and openings
- Coordinate with developers, landlords, and joint-venture partners
- Present site recommendations to executive and real estate committees
- Leadership
- Mentor and develop managers of projects
- Work closely with:
- Store Operations
- Finance & FP&A
- Construction & Design
- Legal & Compliance
- Supply Chain
- Quarterback issues to resolution to include obtaining support from internal stakeholders
- Drive deals forward through uncertainty by being curious, having transparent and thorough communication, and with a solution focused mindset
What You'll Bring… - Acquisition experience is highly valued.
- Excellent communication and writing skills.
- Strong presentation skills for leadership.
- Confidence and boldness in deal negotiations.
- Attention to detail for maps and tour books.
- Curiosity and comprehensive understanding of the role.
- Flexibility to travel is a must
Join us if you are ready to take on the challenge and make a significant impact in our team! At Sam's Club, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet!
-Health benefits include medical, vision and dental coverage
-Financial benefits include 401(k), stock purchase and company-paid life insurance
-Paid time off benefits include PTO, parental leave, family care leave, bereavement, jury duty, and voting. You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable.
For information about PTO, see .
- Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more.
Live Better U is a company paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates. Tuition, books, and fees are completely paid for by Walmart.
Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms.
For information about benefits and eligibility, see One.Walmart .
The annual salary range for this position is $80,000.00 - $155,000.00 Additional compensation includes annual or quarterly performance bonuses. Additional compensation for certain positions may also include Regional Pay Zone (RPZ) (based on location).
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Minimum Qualifications...
Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.
Minimum Qualifications
Bachelor’s degree in Real Estate or related field and 3 years’ experience in real estate, retail development, tenant representation, or related area
OR 5 years’ experience in real estate, retail development, tenant representation, or related area.
2 years’ experience in property management.
Preferred Qualifications...
Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.
Project and portfolio management, Supervisory
J.D., Masters: Business Administration
Primary Location...
814 Respect Dr, Bentonville, AR 72716, United States of America
Walmart and its subsidiaries are committed to maintaining a drug-free workplace and has a no tolerance policy regarding the use of illegal drugs and alcohol on the job. This policy applies to all employees and aims to create a safe and productive work environment.
Job Tags
Permanent employment, Full time, Temporary work, Part time,