SeniorManager, Real Estate

$160,000 - $170,000/Yr

Sony Group - Culver City, CA

Full-time - Senior

Culver City, CA

Merchant Wholesalers, Durable Goods

About the position

The Senior Manager of Real Estate at Sony Corporation of America will oversee and manage real estate transactions and strategies for the Asia Pacific region and select western US markets. This role involves planning, directing, and executing all aspects of real estate transactions, including acquisitions, dispositions, leasing, and licensing. The position requires collaboration with various stakeholders and aims to optimize real estate assets while supporting the company's business objectives.

Responsibilities

• Assist business units with management of Asia Pacific real estate portfolios and development of real estate strategies aligned with individual business goals and objectives.
• Identify and implement opportunities to consolidate, co-locate, utilize vacant or underutilized space and to take advantage of market trends which benefit the corporation.
• Identify project service providers and evaluate consultant proposals. Negotiate and administer consultant contracts to ensure quality performance within budget constraints.
• Prepare and negotiate RFP's, term sheets, leases, work letters, and other real estate agreements.
• Perform pre-lease due diligence, site selection and market analysis.
• Investigate, evaluate and present alternative sites to senior management.
• Prepare project schedules, financial analyses, and real estate documents for review by senior management.
• Obtain all necessary project approvals from senior management and manage resources to bring projects to satisfactory completion.
• Review annual landlord operating expense and real estate tax estimates, and annual landlord CAM reconciliation statements to ensure accuracy and lease compliance.
• Initiate and manage CAM Audits using third party vendors for select US properties.
• Effectively manage high volume concurrent assignments with different product types in multiple Asia Pacific and select US markets.
• Perform other related duties as assigned by management such as monthly reports, strategic property reviews, lease abstracts, project completion and closeout requirements, and cost savings reports.
• Collaborate cross functionally with internal teams.
• Available to travel, including internationally, up to 25%.

Requirements

• Undergraduate degree and/or advanced degree in related discipline (business, real estate, engineering, or law).
• 7+ years of work experience including 5+ years of corporate/commercial real estate experience and negotiating commercial leases in Asia Pacific and the Americas.
• Extensive background in negotiating and documenting real estate transactions throughout the Asia Pacific region.
• Thorough understanding of legal and financial aspects of a Real Estate transaction.
• Strong written and oral communications skills.
• Advanced computer skills (analytical, report writing, Microsoft Word, Excel, OneNote, and PowerPoint).
• Knowledge of real estate database applications with preference for CoStar Real Estate Manager.
• Foreign language skills preferred.
• Familiarity with FASB, GAAP and IFRS accounting rules for real estate desirable.
• Must be eligible to work unrestricted in the USA.

Nice-to-haves

• Existing relationships with service providers across the Asia Pacific region.

Benefits

• Comprehensive medical, prescription drug, dental, and vision coverage with coverage for spouses/domestic partners and child dependents.
• Access to a Health Savings Account (HSA) and Flexible Spending Account (FSA).
• Employee assistance plan and comprehensive behavioral health benefits.
• Fertility benefits, including surrogacy and adoption assistance programs.
• Basic and supplemental life insurance for employees and their families.
• Voluntary benefits such as group legal, identity theft protection, accident, and hospital indemnity insurance.
• Short-term & long-term disability plans.
• Up to 12 weeks of paid parental and caregiver leave.
• 401(k) Plan with pre-tax, Roth, and after-tax options and company match with immediate vesting.
• Education assistance and student loan programs.
• Time off to include vacation, paid holidays, sick leave, Summer Fridays, and a winter break between Christmas and New Year's Day.