Real Estate Manager - Central Region

2 Months ago • 3 Years + • Miscellaneous

Job Summary

Job Description

The Central Real Estate Manager at Tesla is responsible for acquiring new retail and service properties in the Central Region, negotiating leases, and presenting terms to executive management. This role involves analyzing market data, researching and evaluating potential sites, preparing site evaluation packages, negotiating LOIs and lease agreements, managing relationships with brokers and attorneys, understanding zoning and licensing requirements, and collaborating with internal teams (Market Expansion, Construction, Design, Accounting, Finance) throughout the property lifecycle. The manager will also handle existing portfolio management tasks such as lease renewals, terminations, and parking space acquisition. Ideally, the candidate should have experience with premium retail/automotive brands or brokerage firms and understand the entire development cycle.
Must have:
  • 3+ years commercial real estate deal-making experience
  • Data analysis and presentation skills
  • Lease negotiation expertise
  • Understanding of zoning and licensing
  • Collaboration with internal and external teams
Good to have:
  • Experience in retail or industrial real estate
  • Fluency in English and German
  • Knowledge of municipal planning procedures

Job Details

What to Expect

Tesla is accelerating the world’s transition to sustainable energy. We design, manufacture, sell and service the world’s best solar technology, energy storage systems, and electric vehicles, providing customers the opportunity to generate, store and consume energy entirely sustainably. Tesla is committed to hiring and developing top talent from around the world for any given discipline. Based in California, Tesla’s workforce spans across four continents. We work to build an inclusive environment

in which all people, regardless of gender, race, religion, or background, can come to do their best work. Our world-class teams operate with a non-conventional philosophy of interdisciplinary collaboration. Each member of the team is expected to challenge and to be challenged, to create, and to innovate. We’re tackling the world’s most difficult and important problems— and we wouldn’t succeed without our shared passion for making the world a better place.

The Central Real Estate Manager is responsible for the acquisition of new retail and service properties. This person will negotiate the lease as well as present the terms to executive management. We are seeking someone who has an analytical and strategic real-estate background in help develop a profitable portfolio of properties within each respective Country/Geo. The individual will also be responsible for the renewal, relocation and expansion of existing locations. Ideally we are seeking experience of someone who has worked for a premium retail/automotive brand or brokerage firm and understands the dynamics of the entire development cycle as the Real Estate Manager works closely with our local Market Expansion, as well as with our Construction and Design team to open locations on time and under budget.

What You’ll Do
  • Gather and evaluate economic, demographic and other market data to identify and prioritize key trade areas 
  • Responsible for researching and analyzing sites to established guidelines, procedures and policies 
  • Visit and inspect prospective properties to determine suitability 
  • Prepare site evaluation packages for executive management 
  • Negotiate LOI and work letter alongside outside real estate broker
  • Negotiate lease alongside outside Counsel 
  • Effectively manage outside brokerage and attorney relationships
  • Understand zoning and licensing requirements per state and works with outside Counsel to establish dealer’s license for each location 
  • Works with project managers to establish work letter
  • Works closely with project manager, design manager, accounting and finance teams throughout the lifecycle of the lease to determine build-out and capital budget amounts 
  • Negotiates tenant improvement allowance amounts from Landlords
  • Deal with ad-hoc Real Estate related projects or queries. 
  • Be point of contact for Tesla Market Expansion team to discuss and align on real estate matters, as well as overall planning strategy
  • Be point of contact for landlord interaction on existing portfolio 
  • Manage existing portfolio, which will involve various tasks, such as renewing/terminating leases, acquiring parking spaces, negotiating bank guarantee returns, actioning lease critical dates etc.
What You’ll Bring
  • Relevant or the equivalent in experience and evidence of exceptional ability.
  • Minimum three years of deal making for a commercial brokerage or an inhouse development, preferably in retail or industrial
  • Exceptional ability to gather, analyze and present demographic and financial data in executive level reports 
  • Experience with municipal planning and zoning procedures preferred 
  • Proficient with MS Excel and PowerPoint 
  • Ideally fluency in English and German, Other Eastern European speaking languages are beneficial  
  • Ability to travel up to 60% 
  • Valid clean driving license

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