Real Estate Manager

Job Overview: Real Estate Manager - DSD Infrastructure This position is based at our HQ in Frisco, TX and will have a hybrid schedule (3 days in the office and 2 days from home) Position Overview: The Real Estate Manager supports the DSD Infrastructure team by executing real estate strategies across the warehouse and distribution network. This role focuses on lease management, property assessments, landlord negotiations, and coordination of real estate transactions related to new builds, expansions, and consolidations. The ideal candidate brings expertise in real estate operations within fast-paced supply chain/DSD environment and plays a key role in ensuring KDP's facility footprint aligns with long-term growth and operational efficiency goals. Key Responsibilities: Real Estate Planning & Execution * Support the Director of DSD Infrastructure in identifying and evaluating real estate opportunities (acquisitions, dispositions, lease renewals). * Partner with brokers, landlords, and internal stakeholders to execute real estate transactions across the DSD portfolio. * Track key lease milestones and coordinate proactive strategies for lease renewals, terminations, and expansions. Property Assessments & Site Support * Conduct site evaluations to support warehouse expansion, consolidation, or relocation efforts. * Gather, analyze, and summarize facility data to inform site selection and property utilization decisions. * Support due diligence and onboarding for new or acquired properties. Stakeholder Engagement * Liaise with Legal, Finance, and Construction teams to ensure alignment on lease terms, capital approvals, and project readiness. * Collaborate with field leaders to understand operational needs and translate them into site requirements. * Prepare executive summaries, real estate updates, and decision-support materials for leadership reviews. Lease Administration & Tracking * Maintain a centralized lease tracker including expiration dates, terms, options, and critical clauses. * Support monthly and quarterly reporting on real estate performance metrics (e.g., square footage, cost per pallet, lease escalations). * Monitor and escalate risks tied to lease expiration, landlord disputes, and property constraints. Total Rewards: * $96,800-$135,000 /year * Actual placement within the compensation range may vary depending on experience, skills, and other factors * Benefits, subject to eligibility: Medical, Dental and Vision, Paid Time Off, 401(k) program with employer match, Child & Elder Care, Adoption Benefits, Paid Parental Leave, Fertility Benefits, Employee Resource Groups, Breastmilk Shipping Services, Dependent Scholarship Program, Education Assistance, Employee Assistance Program, Personalized Wellness Platform and more! Requirements: * Bachelor's degree in Real Estate, Business, Finance, or related field. * 5+ years of relevant experience in real estate, property management, or facilities planning within supply chain, dsd, logistics, or CPG industries. * Working knowledge of lease structures, real estate contracts, and site due diligence. * Experience in asset and property management * Strong project management and communication skills; able to drive cross-functional alignment. * Proficient in Excel, PowerPoint, and lease administration tools or real estate databases (e.g., CoStar, Lucernex, Procore). * Ability for up to 25% travel Company Overview: Keurig Dr Pepper (Nasdaq: KDP) is a leading beverage company with more than 150 owned, licensed and partner brands that meet a wide range of needs and occasions. Our North American refreshment beverage business holds leadership positions across carbonated soft drinks, water, juice and mixers with a portfolio of iconic brands such as Dr Pepper®, Canada Dry®, Mott's®, A&W®, Peñafiel®, GHOST®, 7UP®, Snapple®, Clamato® and Core Hydration®. Our global coffee business spans more than 100 markets and includes the leading Keurig® single‑serve brewing system in the U.S. and Canada, along with powerhouse brands such as Peet's, L'OR and Jacobs, and other regional coffee leaders. Our more than 50,000 employees aim to enhance the experience of every beverage and coffee occasion while making a positive impact for people, communities and the planet. We strive to be an employer of choice, providing a culture and opportunities that empower our team to grow and develop. We offer robust benefits to support your health and wellness as well as your personal and financial well-being. We also provide employee programs designed to enhance your professional growth and development, while ensuring you feel valued, inspired and appreciated at work. Whatever your area of expertise, at KDP you can be a part of a team that's proud of its brands, partnerships, innovation and growth. Will you join us? Keurig Dr Pepper is an equal opportunity employer and recruits qualified applicants and advances in employment its employees without regard to race, color, religion, gender, sexual orientation, gender identity, gender expression, age, disability or association with a person with a disability, medical condition, genetic information, ethnic or national origin, marital status, veteran status, or any other status protected by law. A.I. Disclosure: KDP uses artificial intelligence to assist with initial resume screening and candidate matching. This technology helps us efficiently identify candidates whose qualifications align with our open roles. AI does not make hiring decisions; all decisions throughout the hiring process are made by talent acquisition team members. If you prefer not to have your application processed using artificial intelligence, you may opt out by emailing your resume and qualifications directly to View email address on click.appcast.io in lieu of clicking Apply. In order for your application to be considered and opted out of AI, you must include the words "AI Opt-Out" and either job title and location or Job ID # in the email subject line in your email application.