Regional hiringpublishedExternal employer
AAbbVie
AbbViePharmaceuticals

Portfolio Manager, Real Estate

Location

North Chicago, Illinois, United States

Work type

Onsite

Employment

Full Time

Experience

7-10 years

Compensation

$141.5K - $268.5K per year

Posted

1h ago

Summary and responsibilities

Role overview

Summary

The Portfolio Manager, Real Estate will manage, negotiate, and coordinate complex global commercial real estate transactions, including new leases, acquisitions, and dispositions. This role involves collaborating with internal and external stakeholders, aligning real estate outcomes with business objectives, and preparing strategic recommendations for senior leadership.

Job Description

The Portfolio Manager, Real Estate will report to the Director of Real Estate and will partner with internal / external stakeholders to manage, negotiate, and coordinate complex global commercial real estate transactions, including but not limited to new leases, lease renewals, subleases, expansions, terminations, acquisitions and dispositions.

Responsibilities

  • Accountability for the successful delivery of real estate projects in the Americas Region or as otherwise assigned.

  • Collaborate with internal stakeholders, including but not limited to: Global Facility Planning and Engineering, Business Units, Finance, Legal, Risk Management, Tax, Government Affairs to ensure alignment of real estate and planning initiatives.

  • Align real estate outcomes with business objectives in partnership with internal partners and provide clear guidance to leadership.

  • Work with external real estate service provider to ensure standardization, consistency and accuracy of deliverables including but not limited to: business case preparation, market survey, tour book, RFP, negotiation tracker, financial analysis, status reports, commission report and close out documentation.

  • Review/negotiation commercial lease documents.

  • Execute complex global real estate transactionthat balance cost, flexibility and business needs. Transactions will include acquisitions (new leases, subleases, expansions, renewals, purchases, etc.) as well as dispositions that optimizes maximum value (subleases, buyouts, sales, etc.)

  • Develop and maintain strong internal relationships with business leaders, cross-functional team leads and third party vendors (Brokers, Landlords, Service Providers, Legal, Risk Management, Tax, etc.)

  • Track critical dates to ensure ample planning, site selection, negotiations and internal approval timelines are met.

  • Prepare and present senior leadership level documents that articulate strategic recommendations, financial analyses, and operational impacts to facilitate informed decision-making and organizational alignment.

  • Assist with merger and acquisitions as needed.

  • Assist with Lease Administration as needed.

  • Other real estate departmental activities as assigned.

  • IL / Lake County attendance required

Qualifications

  • Bachelors Degree in Real Estate or Finance (MBA preferred)

  • 7 - 10 years of negotiating commercial leases

  • Proven success in leading real estate transactions in the Americas

  • Strategic thinker with the ability to translate business needs into actionable real estate plans

Updated 1h ago

Candidate fit

Skills and qualifications

Additional skills

Commercial Lease Negotiation • 1+ yrs
Real Estate Transactions • 1+ yrs
Strategic Thinking • 1+ yrs
Financial Analysis • 1+ yrs
Stakeholder Collaboration • 1+ yrs
Project Delivery • 1+ yrs
Relationship Management • 1+ yrs
Lease Administration • 1+ yrs

Experience

7-10 years

How this role is positioned

Role classification

Job domains

Real Estate & Facilities

Industries

Real Estate & PropTech
Healthcare & Pharma

Employment

Full Time

Contract duration

Permanent

Hiring type

Direct

Global hiring

Location specific

Offer details

Compensation and benefits

Compensation

$141.5K - $268.5K per year

VisibilityShared on listing
CurrencyUSD
PeriodYearly

Benefits and perks

Dental Insurance
Vision Insurance

Location, schedule, and role shape

Work setup

Work conditions

Primary locationNorth Chicago, Illinois, United States
Work typeOnsite
Global hiringNo

Bandwidth profile

peopleHigh8/10
physicalLow2/10
cognitiveHigh9/10
executionHigh8/10
creativityMedium6/10
uncertaintyMedium7/10
communicationHigh8/10

Context on the employer

Company snapshot

Company

AbbVie

Team size

Growing team

Location

North Chicago, Illinois, United States

AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas including immunology, oncology and neuroscience - and products and services in our Allergan Aesthetics portfolio.

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Portfolio Manager, Real Estate

North Chicago, Illinois, United StatesFull Time