Senior Manager, Real Estate

Sunrun - Trenton, NJ

Full-time - Senior

Trenton, NJ

Specialty Trade Contractors

About the position

The Senior Manager, Real Estate at Sunrun is responsible for overseeing the company's nationwide portfolio of warehouses, distribution centers, sales offices, and corporate offices. This role involves creating and executing real estate strategies that align with Sunrun's business goals and workforce needs, driving collaboration across functions, managing external partners, and optimizing the real estate portfolio to enhance operational efficiency and reduce costs.

Responsibilities

• Develop and implement real estate strategies that support the company's long-term business objectives, including space planning and portfolio optimization.
• Analyze and forecast real estate needs, including space requirements and market trends, to anticipate and meet future business demands.
• Work cross-functionally with internal stakeholders to proactively build a human-centered workplace experience that reflects Sunrun's culture and values.
• Lead and manage real estate transactions, including lease negotiations, renewals, sublets, and acquisitions, ensuring alignment with strategic goals and financial parameters.
• Shepherd the real estate process from start to finish, from sourcing and site selection through lease execution, coordinating and collaborating with all parties and stakeholders.
• Evaluate and enhance the real estate portfolio to maximize value and efficiency, focusing on site selection, lease administration, and performance analysis.
• Perform qualitative and quantitative analysis including analyzing data, creating financial models, and conducting market and competitive research, synthesizing findings, and developing a story to communicate recommendations to the leadership team.
• Work closely with internal teams and external partners to ensure real estate strategies align with business needs and company standards.
• Conduct market analysis and provide insights and recommendations for strategic real estate decisions.
• Develop and manage real estate budgets, track expenditures, and ensure financial goals are met.
• Manage ongoing budgeting and accounts payable processes to ensure timely payment of rents and operational expenditures.
• Remain current on market conditions in new and existing regions including economic dynamics, demographics, and the competitive landscape.

Requirements

• Minimum of 8 years of relevant experience in real estate management, with a focus on strategic planning, analysis, and transaction management.
• Proven ability to develop and execute real estate strategies, with expertise in forecasting and market analysis.
• Demonstrated success in negotiating lease agreements and managing real estate transactions.
• Strong analytical skills with the ability to assess market trends, financial data, and portfolio performance.