Position Summary...
We are seeking a passionate Senior Manager, Portfolio Management (Real Estate Acquisitions - Sam's Club) for our New Club Acquisition/Portfolio Management role. This more senior level position is responsible for identifying, evaluating, negotiating, and securing new club locations aligned with the company's growth strategy. This role partners closely with internal teams and external stakeholders to drive profitable expansion while managing market-level real estate strategy. If you enjoy resolving issues, have a knack for dealmaking, and thrive in the real estate hunt, this role is for you. Travel is required to visit sites and markets.
The Portfolio Management team leads strategic initiatives to enhance property value and drive business growth through effective real estate transactions and lease negotiations. This team collaborates across functions to identify opportunities, manage projects, and ensure compliance with policies and regulations. Members provide mentorship and guidance, fostering professional development and high performance. They focus on delivering data-driven recommendations, optimizing asset utilization, and maintaining strong partnerships with internal and external stakeholders. The team is committed to operational excellence, integrity, and continuous improvement to support Walmart and Sam's Club long-term real estate objectives and business priorities.
What you'll do...
Source new locations through brokers, developers, municipalities, and direct owner outreach
Identify real estate needs, including fuel expansion opportunities
Ensure attention to detail in map creation and preparation of tour books
Evaluate sites using financial modeling, sales forecasts, traffic counts, zoning, and physical constraints
Negotiate deals, to include the execution of LOIs, ROEs and legal contracts
Oversee/assist in the preparation of decks for leadership/committee reviews
Present locations to executive and real estate committees
Work closely with: Operations, Finance, Design, Supply Chain, Legal & Compliance
Quarterback issues to resolution
Drive deals forward through transparent and thorough communication, and with a solution focused mindset
What you'll bring...
Acquisition experience is highly valued
JD or extensive legal experience preferred
Proven ability to analyze legal documents
Strong analytical skills with a track record of data-driven recommendations
Confidence and effectiveness in negotiations, with the ability to navigate complex, multi-stakeholder transactions
Exceptional communication, writing, and presentation skills, including presenting to leadership
A collaborative mindset with the ability to build strong cross-functional partnerships
Innovative thinking, curiosity, and a problem-solving orientation
Attention to detail, especially in financial reviews, maps, and tour books
Flexibility and willingness to travel when required
Join us if you're ready to help shape Sam's Club's real estate portfolio and make a meaningful impact across our growing footprint.
At Walmart, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet. Health benefits include medical, vision and dental coverage. Financial benefits include 401(k), stock purchase and company-paid life insurance. Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more. You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable. For information about PTO, see https://one.walmart.com/notices . Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates. Tuition, books, and fees are completely paid for by Walmart.
Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms.
For information about benefits and eligibility, see One.Walmart (https://one.walmart.com/) .
The annual salary range for this position is $80,000.00 - $155,000.00 Additional compensation includes annual or quarterly performance bonuses. Additional compensation for certain positions may also include :
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Minimum Qualifications...
Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.
Minimum Qualifications
Bachelor's degree in Real Estate or related field and 3 years' experience in real estate, retail development, tenant representation, or related area
OR 5 years' experience in real estate, retail development, tenant representation, or related area.
2 years' experience in property management.
Preferred Qualifications...
Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.
Project and portfolio management, Supervisory
J.D., Masters: Business Administration
Primary Location...
814 Respect Dr, Bentonville, AR 72716, United States of America
Walmart and its subsidiaries are committed to maintaining a drug-free workplace and has a no tolerance policy regarding the use of illegal drugs and alcohol on the job. This policy applies to all employees and aims to create a safe and productive work environment.
Walmart, Inc. is an Equal Opportunity Employer- By Choice. We believe we are best equipped to help our associates, customers, and the communities we serve live better when we really know them. That means understanding, respecting, and valuing diversity- unique styles, experiences, identities, abilities, ideas and opinions- while being inclusive of all people.
