Senior Associate, Real Estate

Job Summary
As a Senior Associate, Real Estate, you will lead proactive negotiations with landlords on a wide range of lease matters, with a focus on optimizing values and achieving favorable outcomes for Walgreens. This position manages real estate transactions and provides actionable real estate data and analytics to support the program. You will have the opportunity to build and maintain strong relationships with internal business partners, external vendors, landlords, and brokers in this position.

This position requires a minimum of 4 days per week of in office work in Deerfield, IL.

Job Responsibilities

• Evaluates trend data to proactively identify early adverse or positive trends in the real estate portfolio, asset disposition, construction management, asset management, and store care programs.
• Coordinates issue resolution between various Walgreens departments and external stakeholders by researching root causes, contacting various internal teams, communicating with landlords, and updating agreements, with oversight. Updates real estate information in internal systems.
• Participates in, and at times leads, meetings with various departments to collect and report on information regarding process standardization and improvement, waste elimination, and customer requirements for ad hoc reporting.
• Creates appropriate business metrics for division processes and updates score cards based upon objective interpretations of performance against metrics/standards.
• Provides data insights and recommends corrective actions to address adverse trends or deploy best practices associated with program trends.
• Prepares monthly asset management reports to align with division strategy and objectives and tracks progress to further drive value creation activities.
• Maintains and manages data within the asset management database with emphasis on reviewing and managing performance metrics to guide future strategies.

About Walgreens

Founded in 1901, Walgreens ( proudly serves nearly 9 million customers and patients each day across its approximately 8,500 stores throughout the U.S. and Puerto Rico. Walgreens has approximately 220,000 team members, including nearly 90,000 healthcare service providers, and is committed to being the first choice for pharmacy, retail and health services, building trusted relationships that create healthier futures for customers, patients, team members and communities.

Basic Qualifications

• Bachelor’s degree OR a high school diploma/GED and at least 3 years’ experience in real estate industry.
• Experience developing ways of accomplishing goals with little or no supervision, depending on oneself to complete objectives and determining when escalation of issues is necessary.
• Experience organizing and prioritizing project workload to meet deadlines.
• Experience collaborating with internal and external resources to help communicate strategies that meet department goals within budget and established timelines.
• Experience in learning and applying real estate concepts required to deliver results.
• Intermediate level skill in Microsoft Excel (for example: using SUM function, setting borders, setting column width, inserting charts, using text wrap, sorting, setting headers and footers and/or print scaling).
• Intermediate level skill in Microsoft PowerPoint (for example: applying a theme, formatting character spacing, inserting a picture, changing slide layout and theme colors, adding transitions, customizing slide numbers, changing chart style and/or formatting font).
• Willing to travel up to/at least 10% of the time for business purposes (within state and out of state).

Preferred Qualifications

• Bachelor’s Degree in Finance, Economics or Real Estate

We will consider employment of qualified applicants with arrest and conviction records.

The Salary below is being provided to promote pay transparency and equal employment opportunities at Walgreens. The actual hourly salary within this range that you will be offered will depend on a variety of factors including geography, skills and abilities, education, experience and other relevant factors. This role will remain open until filled. To review benefits, please click here jobs.walgreens.com/benefits. If you are applying on a job board or unable to click on the link, please copy and paste this URL into your browser jobs.walgreens.com/benefits

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Salary Range: $65000 - $$113,750.00 / Salaried