Manager, Real Estate

IMPORTANT NOTICE FOR INTERNAL APPLICANTS ONLY:

We work hard and sleep hard—and embrace the fact that each of us has our own way of getting our best, most efficient work done. For our corporate team members, whether you work in a hybrid schedule at our Houston BedQuarters (BQ) or are fully remote, we trust you with the freedom to decide how best to contribute and collaborate in your role.

Job Details:

The Manager of Real Estate (Remote) is responsible for managing, coordinating, and integrating the Company's real estate portfolio strategies. This includes driving new store growth, relocations, and long-term strategies for existing stores. The role oversees lease negotiations and transactions, manages relationships with landlords, brokers, and developers, and ensures all real estate decisions align with the Company's strategic vision.

Essential Responsibilities

• Assist in the development of long term strategies within their assigned territories for new store growth, relocations and existing store actions.
• Execute corporate real estate portfolio strategy that aligns with strategic company vision under the direction of Director of Real Estate.
• Collaborate with the Mattress Firm leadership and sales team in building and implementing new store market strategies through extensive data analysis, on the ground market knowledge, broker input, landlord and developer input.
• Build, maintain and manage relationships with regional leaders, landlords and developers for existing and new store pipeline.
• Collaborate with peers, including Asset Administration to ensure all real estate decisions reflect ongoing market strategies as it relates to optimizing the store network through new stores, renewals, closures and relocations.
• Negotiate, review and approve Letter of Intent (LOI) associated with new locations, relocations, subleases, amendments and related agreements.
• Assist in the preparation of Real Estate Committee (REC) presentations for new stores, relocations and expansions.
• Oversee the processing of all lease related documents within assigned territory.
• Manage the flow and status of deals for new and existing locations.
• Assign and work with attorneys on all leases and track progress.
• Review legal, consultant and all other real estate related invoices for processing.
• Prepare and maintain executive, board, and real estate reports.
• Serve as a primary contact on real estate related matters internally and externally in their assigned territory.
• Completes other projects and special assignments as requested by supervisor and/or Senior Management.
• Complete all required training modules and certifications prior to the due date.
• Ensure all safety policies and procedures are followed to ensure a safe work environment for all.
• Communicate professionally with all internal and external contacts.
• Follow all Company policies and execute Company standards on appearance and functionality as well as appropriate brand representation.
• Communicates any concerns or issues to leadership to ensure proper efficiency of department and company operations.
• Ability to travel up to 25%, typically one trip per month with additional travel early on to learn the market and align with sales leadership.

Non-Essential Responsibilities

• Execute company initiatives and other activities requested by supervisor.
• Update job knowledge by participating in educational opportunities.
• Enhance department and organization reputation by accepting ownership for accomplishing new and different requests; explores opportunities to add value to job accomplishments.
• Contribute ideas on ways to optimize or improve the team, the department, and the Company.
• Lead our master and local broker network.
• Develop procedures to streamline processes to ensure efficiency and rapid results.

Education

• Bachelor's Degree in related field and/or equivalent experience preferred.

Professional Experience

• 3+ Years real estate lease negotiations and renewal coordination required.
• Management of lease portfolios in multiple states and with multiple landlords preferred.

Skills List

• Strong negotiation skills
• Results driven
• Exceptional communicator
• Self-motivated
• Attention to detail and accuracy

Knowledge

• Microsoft Office Products
• Mapping and demographics software
• Knowledge of lease renewal processes, legal requirements and procedures
• Knowledge of basic lease administration processes and procedures
• Strong knowledge of commercial/retail real estate lease documents and leasing process
• Ability to read and interpret documents such as policy and procedure manuals

California Residents

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the California Fair Chance Act, the City of Los Angeles Fair Chance Initiative for Hiring Ordinance, and the Los Angeles County Fair Chance Ordinance, where applicable.

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Benefits Included:

• Excellent career growth opportunities through on-the-job training and development programs 

• 401(k) with employer matching 

• Mental health and life resources  

• Medical, dental, prescription, and vision plans  

• Get paid on-demand

•  Base pay or uncapped commission

• Employee discounts on Mattress Firm sleep products and accessories

Compensation:

Competitive pay range of $80,000 - $135,000 per year * depending on qualifications and experience. For eligible Leadership and individual contributor roles, additional bonus opportunities may be available and awarded at the discretion of the Company.

*Pay amount does not guarantee employment for any particular time.

 

Legal authorization to work in the United States without the need for sponsorship.  We require proof of eligibility to work in the United States. 

EOE/Vet/Disability

Now don't fall asleep out there. The sooner that we receive your application, the sooner you are to the career of your dreams! Ready to apply? Mattress Firm is accepting applications until: .

Applicants for Philadelphia Jobs

Please note that you have rights under the Philadelphia Fair Criminal Record Screening Standards Ordinance. Please click the following link for further information about your rights: https://www.phila.gov/documents/fair-chance-hiring-law-poster/.  Please also note that any consideration of a criminal background check after a conditional offer of employment is made will be an individualized assessment based on your specific record and the duties and requirements of the specific job.

Diverse Candidates are Encouraged to Apply.

Mattress Firm is an equal employment opportunity employer and is committed to maintaining a non-discriminatory work environment and does not discriminate against any applicant or employee for employment based on race, color, religion, sex, national origin, age, disability, veteran status, marital status, sexual orientation, gender identity, or any other characteristic protected by applicable law. Mattress Firm is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation.

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