Position Summary...
What you'll do...
Role summary:
The Senior Manager, Portfolio Management, leads the oversight and strategic development of property management operations, focusing on enhancing site performance and driving revenue growth. This role involves negotiating lease agreements, managing real estate transactions, and collaborating with cross-functional teams to optimize asset value. The position requires strong analytical skills to evaluate financial impacts and support business decisions, alongside effective leadership to develop and mentor associates. The role ensures compliance with policies and fosters continuous improvement to meet organizational goals while maintaining high standards of integrity and operational excellence.
About the team:
The Portfolio Management team leads the end-to-end development of depot sites, coordinating across brokers, legal, leadership, and partners to secure and deliver locations aligned with business goals. This team manages site selection, zoning, leasing, and compliance with precision and transparency. Handling multiple projects simultaneously, they maintain thorough documentation and reporting. Their expertise in negotiation, project management, and real estate transactions ensures effective execution of strategies that support operational growth. The team fosters collaboration and clear communication to drive successful outcomes across the depot portfolio.
What you'll do:
Conduct site review and selection to for potential real estate opportunities supporting the expansion of small-format depot assets
Lead site tours and field evaluations, traveling to prospective locations to assess property suitability and strategic fit
Negotiate leasing transactions with property owners, brokers, and legal representatives, including lease terms, amendments, and execution
Partner cross-functionally with Legal, Finance, Design, Construction, and Operations teams to ensure seamless project execution and alignment
Manage multiple real estate projects simultaneously, maintaining momentum and a sense of urgency across timelines and deliverables
Prepare and present site recommendations, deal summaries, and business cases to leadership and key stakeholders
What you'll bring:
Experience in commercial real estate leasing and site selection within a corporate or institutional environment
Ability to operate effectively in a fast-paced, evolving business environment, managing competing priorities and change
Proven capability to perform under pressure, exercising sound judgment while meeting deadlines
Technology-enabled mindset, with the ability to maintain accurate records
Strong professional communication skills and executive presence
Bachelor's degree in Business, Real Estate, Finance, or a related field
2+ years of experience in commercial real estate, site selection, leasing, or related real estate transactions
Experience negotiating lease terms and partnering with legal and brokerage teams
Strong organizational and communication skills
Ability to travel up to approximately 35%
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.
