Tractor Supply Company · 1 day ago
Portfolio Manager, Real Estate
Brentwood, TN
Full-time
Onsite
Senior Level
7+ years expTractor Supply Company is a leading retail company specializing in farm and ranch supplies. They are seeking a Portfolio Manager to oversee lease renewals, expansions, and relocations within a defined territory, ensuring optimal management of their store portfolio and negotiating favorable lease terms.
AgricultureRetailShopping
Responsibilities
Negotiate favorable lease terms through facility improvement allowances, rent reductions, additional Options, language adjustments or improvements/additions to the facility etc
Manage the renewal pipeline to ensure adequate lease terms for stores while achieving annual savings
Manage the lease exit strategy and negotiation on all closed or vacant store buildings to reduce financial exposure and create revenue via store disposition
Drive Fusion remodel store selection and integrate into the portfolio process to ensure we are investing in the right locations
Manage the end-to-end relocation and expansion process in collaboration with Real Estate Directors, Market Strategy, and Finance, ensuring well-supported and accurate decisions for store development
Complete and prepare real estate packages including Proformas for presentation to Real Estate Committee to ensure timely approval for lease extensions, expansions, store remodeling, and lease improvement
Direct and oversee all legal documentation activities for lease extensions, expansions, relocations, condemnation matters and lease modifications, serving as the primary liaison with Legal to ensure timely, accurate, and strategically sound outcomes
Direct outside consultants and internal business partners to lease, sublease, or return to landlords unused store space to reduce expenses and/or create revenue
Direct external resources (brokers and developers) as needed to help execute expansions, relocations or lease renewals
Track status and provide reporting on existing store locations, lease renewals, expansions and remodels
Partner with RE Systems team to transition the Renewal process from Excel into project management software
Manage surplus property from our fee development program to ensure a timely sale and maximize gains. Manage and direct 3rd party brokers to ensure sale of surplus property
Qualification
Required
7-10 years in an active retail store site selection and deal making role
Past supervisory experience preferred
Direct field experience required
Past accountability and success in achieving company expansion goals across metrics of productivity, timeliness, cost and quality of all work
Existing knowledge of active developers, brokers, and other retail real estate professionals
Fluency in all related terminology and practices
Ability to grow into a position to hire and direct additional internal and external resources as a leader
Exceptional organization negotiation, presentation, analytical and project management experience and capabilities
Strong drive for results is essential
Bachelor's degree in Finance, Business, or related field is preferred. Any suitable combination of education and experience will be considered
Preferred
Knowledge of lease terminology and typical lease provisions
Strong communication and negotiation skills
Ability to read and interpret maps, plans, and blueprints
Proficient with Lease Admin Software such as Lucernex
Skilled at project management
Proficient in Microsoft Office
Benefits
Medical, dental, and vision coverage
Company-paid life and disability insurance
Paid parental leave
Tuition reimbursement
Family planning resources such as adoption and surrogacy assistance
Company
Tractor Supply Company
Tractor Supply Company is the operator of rural lifestyle retail stores.
10001+ employees
H1B Sponsorship
Tractor Supply Company has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (66)
2024 (49)
2023 (46)
2022 (58)
2021 (41)
2020 (42)
Funding
Current Stage
Public CompanyTotal Funding
unknown1994-02-18IPO
Leadership Team
Hal Lawton
President & CEO
Rob Mills
SVP & CIO
Recent News
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