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Real Estate Transactions Assistant Manager

Company Name: Kroger General Office
Position Type: Employee
FLSA Status: Exempt



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 company's core values of respect, honesty, integrity, diversity, inclusion and safety.

Essential Job Functions

  • Lease shopping center retail space and in-store banks within a region through thorough marketing and diligent, proficient and aggressive negotiating
  • Analyze leases & ownership documents and make recommendations to management to maximize the free cash flow and net operating income to Kroger
  • 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
  • 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
  • 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
  • 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
  • Assist in the site selection and transaction completion for micro-fulfillment centers to support eCommerce/Digital strategy
  • Coordinate legal documents for all transactions (3rd party retail, office, surplus) with G.O. Legal and prepare legal documents for deals
  • Must be able to perform the essential job functions of this position with or without reasonable accommodation
  • Minimum Position Qualifications

  • Bachelor's Degree in business or real estate
  • 4+ years of experience in commercial/retail property management, real estate leases, accounting, contractual obligations and legal liabilities, and sales experience; or equivalent combination of education and experience
  • Ability to prioritize/multi-task while providing accurate/on-time results
  • Demonstrated ability to maintain confidentiality and protect sensitive information
  • Excellent oral/written communication skills
  • Proficient in Microsoft Office
  • Strong attention to detail
  • Strong understanding of industry/technical terms and processes
  • Ability to read and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
  • Ability to write reports, business correspondence, and procedure manuals
  • Ability to effectively present information and respond to questions from managers, clients, customers and the general public
  • Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference and volume; ability to apply concepts of basic algebra and geometry
  • Ability to define problems, collect data, establishes facts and draw valid conclusions
  • Strong interpersonal skills and ability to develop others
  • Desired Previous Experience/Education

  • 4+ years of experience in real estate with another retailer or a real estate development company including experience in property management

    Education Level: Bachelor's Required
    Required Travel: Up to 25%
    Required Certifications/Licenses: None
    Position Type: Full-Time
     Regions: Any


    Jobs at Kroger: At Kroger, we hire people who have a passion for helping others and who want to build a relationship with our Customers. No matter what stage of your career, you can build your future at Kroger. We look for people who want more, aspire to be more and work hard to achieve their goals. Our focus on keeping the Customer first is what makes us successful. As the largest traditional grocery chain in the U.S. and one of the world's largest retailers, we employee more nearly half a million Associates across 35 states. We offer many opportunities not only in our stores, but in Manufacturing, Logistics, Marketing, Finance, Human Resources, and many other fields.


    Company Overview: Kroger Family of Companies employs nearly half a million associates who serve over 11 million customers daily through a seamless shopping experience under a variety of banner names.  At The Kroger Co., we are Fresh for Everyone™ and dedicated to our Purpose: To Feed the Human Spirit®.  We are committed to creating #ZeroHungerZeroWaste communities by 2025.  Careers with The Kroger Co. and our family of companies offer competitive wages, flexible schedules, benefits and room for advancement.

     Posting Notes:  OH || Cincinnati || 1014 Vine Street || 45202 || Kroger General Office || [[mfield2]] || Real Estate || Employee || Exempt || Full-Time || None 

    Nearest Major Market: Cincinnati

    Job Segment: Real Estate, Realtor, Assistant Manager, Engineer, Manager, Sales, Management, Engineering

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