Shelf Space for Heartburn
Globest.com reported on March 4th in a headline article: “Getting more from the same or smaller space is a top priority for retailers in the net lease space this year.”
Well, this weekend I stopped by my local New York City Walgreens drugstore to pick up some Zantac for real estate heartburn relief.
What’s the connection with real estate, aside from heartburn?
The plastic bottle of Zantac was 1” X 3”. Okay, so what? Well, the cardboard package was 4” X 4”. That takes up approximately three times more space. Multiply that by hundreds of products that oversize shelf packaging, and you have more square footage requirements.
It’s not only a sad story for net lease retail investors, its also a solid contribution to global warming.
ROSS STORES, INC.
Real Estate Law Attorney/Director
(DUBLIN, CA) Position will provide or obtain legal services for the departments of the Property Development Division of Ross Stores, Inc., its subsidiaries and related companies. Objective is to negotiate and prepare legal documents and perform other real estate legal services on an in-house basis in order to minimize outside legal fees, while building in-house expertise. Duties include: preparing documentation for new and existing store, office and warehouse facilities; negotiating and drafting leases; supervising and reviewing the preparation of memoranda of lease and other related documents by paralegals; reviewing due diligence lease materials and analyze the impact on the lease and transaction; preparing lease amendments and letter agreements, as requested by Management; and approving change of Landlord entities.
CUSHMAN & WAKEFIELD
Regional Lead, Corporate Project Management
(CHICAGO) Position will oversee the development of new Corporate Account Project Management business activities within the region, maintain and build Corporate Account client relationships and services, and serve as the subject matter expert and innovator across the Corporate Accounts Platform. In addition, this position will direct the overall development of the project management service line for new Corporate Project accounts and the activities of all active corporate accounts within an assigned geographic region to include sourcing and training new account staff, establishing business processes, deploying technology, creating reporting, gearing ratios and key performance indicators (KPI’s); actively participate in the establishment of project management staff objectives, professional development and continual talent growth within the practice; and take an active role in pursuing all regional corporate account project management opportunities.
Director, Project Manager
(EL SEGUNDO, CA) Primary duties include planning, maintaining and implementing all necessary activities to manage the successful execution of a large size and complex project. Position will have responsibility to lead and support a team of project resources which includes individual contributors across multiple disciplines and possible project managers with direct reporting line to this role. Typical project/assignment duration will span a year, and will require coordination between multiple departments and business units. Responsibilities for assigned projects include managing and maintaining the project plans, assisting in business requirement review, assembling cross functional teams, managing scope, and actively managing resources, costs, quality and risk.
Operations & Maintenance Coordinator
(HOUSTON) Duties include working with Critical Systems Coordinator supporting all electrical installation and removal work performed in the data center including Management of Change approvals and follow-up of all data center service requests; coordinating, approving and documenting all facility electrical installation and removal work including Management of Change approvals and follow-up of all tenant electrical related service requests; coordinating all electrical and mechanical preventive maintenance, repairs and testing performed on critical infrastructure equipment; and assuming responsibility for all site electrical processes including associated safety procedures, electrical PM scheduling, scripting and planning, and electrical generating equipment permits.
NEWMARK GRUBB KNIGHT FRANK
(EMERYVILLE, CA) Facility Manager will be responsible for the day-to-day operational and financial management of the facilities through implementation of policies, procedures and programs required by the client and Newmark Knight Frank. Ultimate focus will be to assure a well managed and maintained property or portfolio of properties with an emphasis on a positive and timely response to the concerns and needs of the clients occupying the property. Portfolio involved is made up of 50-100 retail branches located in a 3 state area.
Investment Vice President, Business Development
(SAN FRANCISCO) PREI seeks a Vice President, Business Development in their San Francisco office to join the west coast based Marketing team. Position reports jointly to the Principal, Business Development for PREI’s western region clients and to the Managing Director, Head of US Business Development and will have responsibilities related to capital raising, marketing, client service and relationship management for institutional clients and consultants in an assigned territory located primarily in the western US, although other clients may be assigned.
AMERICAN CANCER SOCIETY
Principal, Real Estate Services
(BIRMINGHAM, AL) Duties include acting as the single point of contact for assigned Society divisions regarding all Corporate Real Estate related activities; proactively identifying real estate needs through understanding of division strategy and factors driving real estate needs and decision making; developing real estate strategies and solutions that are aligned with division strategies; translating Mission strategy and division goals in to long range, actionable Real Estate objectives; gaining thorough understanding of the real estate supply and demand composition for assigned divisions; and creating and maintaining a real-time forecast of real estate space demand for the divisions within assigned portfolio.
Director of Planning and Design
(BROOKLYN, NY) Reporting directly to the Executive Director of Planning, Design, Construction & Facilities Management, the Director of Planning and Design will be responsible for the in-house planning and design of physical improvements undertaken by the Institute, ensuring that they meet state and federal regulations and procedures and are effectively managed from concept through planning, design, bidding, construction, and up to occupancy. This position will assist with the selection and hiring of consultants engaged by the Institute for capital projects and physical improvements and oversee the work of consulting firms and in-house design staff throughout these projects. In addition, this position will help manage the efficient use of space on campus by all departments and entities, assist with the development of long-range detailed plans to meet the needs of the Institute, develop and oversee budgets for construction projects, and assist the Executive Director with staff management.