Amazon - Boston, MA

posted 2 months ago

Full-time - Mid Level
Boston, MA
Sporting Goods, Hobby, Musical Instrument, Book, and Miscellaneous Retailers

About the position

The Senior Real Estate Transaction Manager (Sr. TM) at WWRGD plays a pivotal role in managing a diverse portfolio of approximately 700 leases, with plans to expand by an additional 150 leases annually across various formats including Whole Foods, Amazon Fresh, Amazon Go, and others. This position operates in a fast-paced and collaborative environment, where the Sr. TM is responsible for supporting Real Estate Managers in the ongoing management of projects. The role requires working closely with business leaders to execute both short and long-term strategies, ensuring that business needs are met in a timely manner while facilitating a smooth transition of projects through the development lifecycle. The Sr. TM is expected to demonstrate a strong bias for action, managing a high volume of large and complex real estate transactions. This includes the acquisition of leasehold or fee simple ownership interests in buildings. The role involves partnering with various internal teams such as Store Design, Store Development, Legal, Finance, and Operations, as well as external stakeholders, to ensure the timely delivery of stores. The Sr. TM must operate independently, innovating and implementing processes to ensure that the entire cycle from site identification to deal execution and turnover is completed efficiently and consistently. Effective communication is crucial in this role, as the Sr. TM must convey expectations, requirements, and the status of deals to key business partners. The position requires managing a variety of initiatives and projects across different formats, thriving in ambiguity, and being a strong problem solver. Building relationships with landlords, brokers, and other external partners is essential, as is negotiating contracts, leases, and development agreements. The Sr. TM is also responsible for developing and implementing process improvements to streamline the transaction delivery system in collaboration with the PMO team. Additionally, the Sr. TM will establish relationships with municipal, state, and regulatory jurisdictions, as well as developers and their consultants. They must synthesize complex issues and communicate effectively to various audiences, including senior management and public officials. A successful Sr. TM will have a proven track record of delivering high-quality projects in an environment where speed, flexibility, frugality, and a heavy workload are the norms. Fluency in complex real estate development issues, including land use planning, entitlements, and permitting, is also required.

Responsibilities

  • Identify, evaluate, negotiate, and execute on new sites that are a strategic fit for various Amazon and Whole Foods Market physical store concepts.
  • Evaluate the economic viability and strategic rationale for new site opportunities.
  • Lead cross-functional teams required to bring projects to life.
  • Manage the deal lifecycle from initial identification through lease execution.
  • Communicate and present network strategy and site-specific execution in a professional manner.

Requirements

  • Bachelor's Degree and 5+ years of professional experience in commercial real estate with emphasis on site selection, development, finance, and strategic planning.
  • 5+ years experience negotiating real estate documents with a strong understanding of deal structures and legal agreements.
  • End-to-end negotiation experience, including identifying, developing, and executing retail sites.

Nice-to-haves

  • Ability to juggle multiple priorities and make things happen in a fast-paced, dynamic environment.
  • Ability to work cross-functionally and across multiple businesses.
  • Excellent organizational and project management skills.
  • Strong business writing skills with the ability to communicate information and updates clearly.

Benefits

  • Competitive salary based on geographic location and experience.
  • Equity and sign-on payments may be provided as part of the total compensation package.
  • Full range of medical, financial, and other benefits.
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