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Position Overview The Senior Manager, Corporate Real Estate is a key strategic leader responsible for managing and optimizing Regal Rexnord's global real estate portfolio of 200+ owned and leased properties. This role partners closely with senior leadership to develop and execute short and longterm real estate strategies that support business growth and operational needs. Responsibilities include site selection, relocations, lease renewals, closures, and disposition of surplus assets, as well as market research and financial analysis. The role also oversees broker relationships, landlord negotiations, and the legal and construction processes required for real estate transactions. Key Responsibilities: Support:
Communicate effectively with internal stakeholders, including members of the executive and senior leadership teams. Build and maintain strong, collaborative relationships with external partners, including real estate brokers, developers, property owners, landlords, attorneys, architects, and local government officials. Partner with Project Managers and the SCOFR team to ensure timely and accurate data-such as market comparables, broker opinions of value (BOVs), and appraisals-is provided to support informed business decisions. Support local operations by addressing sitespecific issues and serving as the primary liaison with landlords to identify and implement effective solutions. Prepare and present comprehensive business cases that support Regal Rexnord's short and longterm real estate strategies. Proactively identify potential risks within the corporate real estate portfolio and develop mitigation strategies, presenting clear options and recommendations to internal stakeholders. Lead project initiation and scope definition, ensuring appropriate prioritization, adherence to established protocols, and alignment with timelines, milestones, and commitments. Collaborate across internal teams and external partners to manage multimarket commercial real estate services, including transaction management, portfolio strategy, project management, and lease administration.
Negotiation:
Negotiate all provisions of the lease, including, insurance, LL/Tenant default provisions, CAM and additional provisions. Negotiate Regal Rexnord's Letter of Intent and work with segment and legal team members to finalize lease documents. Negotiate the sale of industrial properties. Manage negotiations for multiple transactions including relocations, expansions, renewals, dispositions, and renegotiations in multiple markets throughout North America and Internationally Coordinate market tours and present recommended deals to the Project and SCOFR Teams
Reports:
Prepares trip notes from market visits and follow-up notes on tours with senior management Real Estate Reports by Segment to Senior Leadership Team Pro forma modeling Ad Hoc Analysis and reporting
Required Skills and Qualifications
Bachelor's Degree Required, preferably in Finance, Business, Real Estate or Construction 7+ years of experience in Corporate Real Estate and general knowledge of corporate real estate best practices and internal & external service models is needed Information Systems: Microsoft Office Suite, Visual Lease or similar Leasing Software experience Advanced negotiation skills Financial analysis skills Excellent written and verbal communication and problem-solving abilities Flexibility to adapt to change and multi-tasking Experience establishing disciplined processes and driving continuous improvement and performance Results and detail-oriented Ability to meet many simultaneous demands for important decisions/actions and face confrontations or other difficult situations and demands for results
Preferred Skills and Qualifications
Exposure to manufacturing and global industrial businesses Business training or exposure to working with financial statements Understanding of 80/20 and Continuous Improvement methodologies International experience
Travel: Likely to Travel 10-15% Language: English Expected Base Salary Range: $100,000 - $150,000 The salary range provided is intended to display the value of the company's base pay compensation for this position. Salary is dependent on a multitude of factors, including but not limited to the physical worksite location, the geographic market of that location, candidate's skill set, level of experience, education and internal peer compensation comparisons among other potential factors. #LI-CB5
Benefits
- Medical, Dental, Vision and Prescription Drug Coverage
- Spending accounts (HSA, Health Care FSA and Dependent Care FSA)
- Paid Time Off and Holidays
- 401k Retirement Plan with Matching Employer Contributions
- Life and Accidental Death & Dismemberment (AD&D) Insurance
- Paid Leaves
- Tuition Assistance
About Regal Rexnord
Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company's electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company's automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools. The Company's end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture. Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.
Equal Employment Opportunity Statement
Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, pregnancy, age, ancestry, national origin, genetic information, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law. Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills. If you'd like to view a copy of the company's affirmative action plan for protected veterans/individuals with disabilities or policy statement, please email Recruiting@RegalRexnord.com.If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail Recruiting@RegalRexnord.com. Equal Employment Opportunity Posters
Notification to Agencies: Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.
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