Potbelly Sandwich Works · 5 hours ago
Senior Manager, Corporate Real Estate Portfolio
Potbelly Sandwich Works is a nationally recognized neighborhood sandwich shop with over 400 locations across the United States. The Corporate Real Estate Portfolio Senior Manager plays a strategic role in managing the nationwide retail lease portfolio, ensuring alignment with operational needs and financial goals while overseeing lease negotiations and system optimization.
HospitalityFood and BeverageE-CommerceFood ProcessingRestaurants
Responsibilities
Lead strategic planning initiatives for the corporate real estate portfolio to align with organizational growth and cost optimization goals
Lead process improvement efforts to streamline lease administration, approval workflows, and landlord communications, ensuring efficiency and compliance
Drive continuous improvement in lease approval workflows and data systems; identify opportunities for automation and better reporting
Manage the entire portfolio of leases, including oversight of renewals, expirations, and negotiations, ensuring accuracy and timely execution
Collaborate and anticipate needs of cross-functional teams (Operations, Legal, Development, Accounting, Finance and Facilities) to ensure lease terms support business objectives and operational needs
Facilitate engagement with consultants to support negotiated extensions and lease modifications, when necessary
Maintain and enhance the Lease Administration system, ensuring data integrity and leveraging analytics for decision-making. Review abstract and entry of new leases as well as lease renewals for accuracy
Analyze market trends and portfolio performance to recommend footprint optimization strategies. Manage landlord relationships and respond to ad hoc landlord and lease inquiries, providing strategic guidance and resolution
Prepare and deliver reports for executive leadership regarding lease status, opportunities, risks, and cost-saving initiatives
Lead the leasing function and the Lease Portfolio Manager role while also providing hands-on support to the organization as needed
Qualification
Required
Minimum 5–7 years of experience in commercial real estate portfolio management, with a focus on retail or multi-unit operations
Demonstrated expertise in lease negotiations, legal lease terms, and real estate strategy
Strong Microsoft Excel and Office Suite skills required
Exceptional organizational skills with the ability to manage multiple priorities and meet tight deadlines
Excellent interpersonal and communication skills; able to work across departments and with external stakeholders
Analytical mindset with a proactive approach to solving problems and identifying efficiencies
Preferred
Bachelor's degree in Business, Real Estate, Finance, or a related field strongly preferred. Equivalent work experience will be considered
Proficiency with Lease Administration software (CoStar preferred; Tango, Accruent, or similar acceptable)
Benefits
Medical, Dental & Vision Insurance
Domestic Partnership Benefits
Paid Parental Leave
FSA and HSA with Employer Contribution
Commuter Benefit Program
Retirement Savings 401(k) WITH company match
Employee Assistance Program
Paid Time Off
Discount Program
Flexible Work Schedule
Career growth opportunities
Company
Potbelly Sandwich Works
Potbelly Sandwich Works is a restaurant chain serving sandwiches, soups, and shakes customized for customers.
Funding
Current Stage
Public CompanyTotal Funding
$99M2025-09-10Acquired
2023-02-10Post Ipo Debt· $25M
2021-02-10Post Ipo Equity· $16M
Recent News
2025-12-16
Seattle TechFlash
2025-10-25
Company data provided by crunchbase