The Senior Manager, Real Estate, oversees a property portfolio by managing site selection, development, and disposition activities. This role leads negotiations, enforces lease terms, and collaborates with internal partners and government agencies to optimize operational efficiency and reduce costs. The position drives compliance strategies, manages construction cost controls, and supports risk mitigation efforts. Additionally, it provides leadership and development for associates while fostering strong cross-functional relationships. The role demands strategic planning, performance management, and a commitment to upholding company values and ethical standards in all real estate operations.
The Real Estate team manages a broad property portfolio, focusing on development, disposition, and cost control through precise estimating and negotiation. Collaborating with internal partners and external agencies, the team ensures compliance and drives strategic initiatives to minimize risks and optimize investments. Members lead projects from site selection to construction, applying strong project management and business negotiation skills. The team fosters a culture of continuous improvement, accountability, and professional growth, supporting effective communication and collaboration to deliver value and uphold company standards in all real estate operations.
What you'll do...
- Manage a real estate portfolio by evaluating properties for development or disposition and coordinating with internal partners and customers.
- Lead negotiations for property use, lease enforcement, and contractor agreements, ensuring cost control and risk mitigation.
- Oversee market analysis, site selection, and return on investment assessments to support strategic decision-making.
- Develop and maintain relationships with government agencies to minimize financial and reputational risks.
- Drive execution of business plans by identifying needs, removing obstacles, and measuring performance.
- Provide leadership, mentoring, and development opportunities to associates while promoting company policies and ethical standards.
What you'll bring...
- Extensive experience in real estate portfolio management, including site selection, market analysis, and deal negotiations.
- Proven ability to manage construction costs through contract review, change order evaluation, and contractor negotiations.
- Strong leadership skills with a track record of mentoring, developing teams, and fostering a collaborative work environment.
- Expertise in developing and executing strategic plans to minimize financial and reputational risks.
- Excellent communication and stakeholder management skills, including collaboration with government agencies and internal partners.
Demonstrated ability to drive business results while maintaining high ethical standards and compliance.
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At Walmart, 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 (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more. 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 https://one.walmart.com/notices. Live Better U is a Walmart-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 :
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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 Architecture, Construction Management, Information Technology, Engineering, or related field and 3 years’ experience in
architecture, construction management, engineering, or related area OR 5 years’ experience in architecture, construction management,
engineering, or related area.
Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.
Managing profit and loss reporting, Managing project budgets, Project Management, Supervisory
Masters: Business Administration
Project Management - Project Management Professional - Certification
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.
