Real Estate Manager

Founded in 1965, Herc Rentals is one of the leading equipment rental suppliers in North America with 2025 total revenues reaching approximately $4.4 billion. Herc Rentals’ parent company, known as Herc Holdings Inc., listed on the New York Stock Exchange on July 1, 2016, under the symbol "HRI". Herc Rentals serves customers through approximately 607 locations and has about 10,000 employees in North America as of June 30, 2026. Job Purpose The Real Estate Manager is responsible for ongoing management and improvement of Herc Rental’s Real Estate portfolio of approximately 350 locations throughout North America and sourcing new locations to support the company’s strategic growth plan. What you will do... Communicate objectives and strategies to broker partners, ongoing management of broker and developer network Conduct Market Research and Site Selection for new Herc Rentals branches Negotiate and draft detailed Letters of Intent for proposed deals Prepare market rent comparison analysis Evaluate compliance with local zoning, permitting & use regulations, and requirements Prepare comprehensive site approval packages for presentation at monthly Real Estate Committee (REC) meeting. Negotiation and review of new leases and lease extensions, including coordination between legal counsel, Herc Senior Management, and landlord Execute Strategy for purchase and sale of Real Estate as needed, coordinate Appraisals, Title, Surveys, Brokers, Purchase & Sale Agreements, Due Diligence Partner with in-house and outside legal teams to finalize lease agreements. Support real estate acquisition transactions, as needed Coordinate with construction and other departments through branch opening Monitoring Key Lease Dates – expirations, option notices, termination notices Manage Branch Closures, coordinate facility turnover to LL, as needed Requirements Bachelor’s Degree in closely related field, preferably in real estate, marketing, management, or relatedbusiness discipline Minimum of seven years of experience working within a fast-paced corporate real estateenvironment in a deal making/negotiating capacity Skills Extensive knowledge of Real Estate Leases and negotiation Strong knowledge of the real estate process, contracts, land issues, zoning Effective deal negotiator with excellent influencing skills Demonstrated organizational and project management skills Detailed oriented & thorough Strategic thinker with entrepreneurial perspective Strong market analysis skills and effective site selection abilities Excellent written and verbal communications skills Working knowledge of Microsoft Office including Word, Excel, and Outlook Pay Range: $100,000 - $130,000 Please be advised that the actual salary offered for any position is subject to the company's sole discretion and may be influenced by various factors, including but not limited to the candidate's qualifications, experience, location, and overall fit for the role. Herc Rentals values its employees and provides excellent compensation and benefits packages which are not limited to the following. Keeping you healthy Medical, Dental, and Vision Coverage Life and disability insurance Flex spending and health savings accounts Virtual Health Visits 24 Hour Nurse Line 401(k) plan with company match Employee Stock Purchase Program Life & Work Harmony Paid Time Off (Holidays, Vacations, Sick Days) Paid parental leave. Military leave & support for those in the National Guard and Reserves Employee Assistance Program (EAP) Adoption Assistance Reimbursement Program Tuition Reimbursement Program Auto & Home Insurance Discounts Protecting You & Your Family Company Paid Life Insurance Supplemental Life Insurance Company Paid Disability Insurance Supplemental Disability Insurance Group Legal Plan Critical Illness Insurance Herc does not discriminate in employment based on the basis of race, creed, color, religion, sex, age, disability, national origin, marital status, sexual orientation, citizenship status, political affiliation, parental status, military service, or other non-merit factors. #J-18808-Ljbffr Herc Rentals