In Store Real Estate Leasing Manager I

Category/Area of Expertise: Real Estate
Job Requisition: 415027
Address: USA-ME-Scarborough-145 Pleasant Hill Rd
Store Code: Asset Management and Leasing (2761123)

Ahold Delhaize USA, a division of global food retailer Ahold Delhaize, is part of the U.S. family of brands, which includes five leading omnichannel grocery brands - Food Lion, Giant Food, The GIANT Company, Hannaford and Stop & Shop. Our associates support the brands with a wide range of services, including Finance, Legal, Sustainability, Commercial, Digital and E-commerce, Technology and more.

Primary Purpose: Direct and oversee the real estate program for in-store tenants, currently generating over $43M per year (492 banks, 1,130 ATMs, 50 other instore tenants). Direct and manage all in store licensing/leasing activity at 1,672 locations with the goal of continuing and expanding the program growth and customer offerings while maximizing income and generating store traffic. Develop and implement strategy for 400 in store vacancies for Ahold Delhaize. Direct and oversee the leasing and management of the residential housing program on the islands to support 14 stores with the leasing of 100 residential houses, 800 beds.

Our flexible/ hybrid work schedule includes 3 in-person days at one of our core locations and 2 remote days. Our core office locations include Quincy, MA, Scarborough, ME,and Hyattsville, MD.

Applicants must be currently authorized to work in the United States on a full-time basis.
Duties and Responsibilities:

• Direct and manage all in store leasing/licensing for 1,672 locations.
• Develop and negotiate the leases for all in-store deals
• Direct and oversee the scope of work and cost estimates for all Landlord and tenant work relating to in store tenants.
• Direct and oversee the marketing of all 400 in-store vacancies for all Ahold Delhaize brands.
• Direct the strategic planning of in-store vacant spaces ensure alignment with store brands/labor unions/internal departments.
• Partnership liaison with brand lead and bank partners; leveraging existing strong relationships
• Direct and oversee crisis management with issues relating to in-store tenants elevated for resolution
• Establish & provide input and projections for all existing and prospective in-store tenants for the annual income budgets and forecasts
• Establish & provide input and projections for all seasonal housing existing and prospective annual expense budgets and forecasts
• Support real estate development and Investment Planning with in-store income projections for store performance
• Oversee coordination of six (6) regional real estate conventions trade shows; Negotiate all costs relating to the shows; review and execute contracts and budget management
• Negotiation and review and approve execution of Residential Lease Agreements, amendments and other related real estate documentations
• Provide direction to real estate brokers, property managers, on-island supervisor, landlords, store operations and human resources relating to store and associates housing needs and issues.
• Lead weekly calls with division brand leads separately to align on strategy and partner with individuals across the business and requires management of cross function teams to drive results
• Development and accountable for the Seasonal Housing Budgets and forecast preparation and reporting - $16M Expense
• Develop and implement new processes, policies and procedures with a continued focus of better ways of working with seasonal housing team
• Oversee and approve the issuing of utility and security deposits and the seasonal rental payments
• Initiate new business opportunities and collaborate with brand leads and cross function teams to analyze appropriate space allocation with stores
• Collaborate with Consumer Insights to align with customer preference on in-store offerings
• Collaborate and lead communications with brand leadership, Store format and construction and legal on all aspects of business plan, piloting and rollout plan of new in-store retail leasing offerings.
• Additional job duties may be assigned as needed to meet the needs of the business and support our Values.

Qualifications:

• Bachelor's Degree
• 8-10 years of Industry related experience

Preferred Qualifications:

• Commercial Retail Real Estate experience

#LI-SF1

ME/NC/PA/SC Salary Range: $90,800 - $138,960

IL/MA/MD Salary Range: $104,400 - $159,720

At Ahold Delhaize USA, we provide services to one of the largest portfolios of grocery companies in the nation, and we're actively seeking top talent. Our team shares a common motivation to drive change, take ownership and enable our brands to better care for their customers. We thrive on supporting great local grocery brands and their strategies.

We offer an experience where our associates are valued; Diversity, Equity, Inclusion and Belonging are infused in our business and our employees are representative of the communities that we serve. We believe in total wellness, which encompasses a blend of physical, financial and emotional wellness.

We believe in collaboration, curiosity, and continuous learning in all that we think, create and do. While building a culture where personal and professional growth are just as important as business growth, we invest in our people, empowering them to learn, grow and deliver at all levels of the business.