Senior Manager, Portfolio Management

Position Summary... The Senior Manager, Real Estate (Depot Portfolio) owns the full lifecycle of depot site development, from initial market analysis and site identification through lease execution, grand opening, and facility handoff. This role serves as the central point of coordination across brokers, legal counsel, internal leadership, and cross-functional partners to identify, evaluate, secure, and deliver new depot locations in alignment with business strategy. The Senior Manager ensures that all site selection, zoning, leasing, and compliance activities are executed with accuracy, transparency, and adherence to organizational standards. This role requires the ability to manage multiple sites concurrently across various stages of the development pipeline while maintaining accurate documentation and updates across all required systems and reporting tools What you'll do... Conduct market analysis and site identification to evaluate 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... Demonstrated experience in commercial real estate leasing, site selection, or real estate transactions 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 work across multiple systems and tools to track projects and maintain accurate records Self-directed and results-oriented approach, with the ability to own work end-to-end and drive execution independently Strong professional communication skills and executive presence, with the ability to represent the organization effectively with internal leaders and external partners Bachelors 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, communication, and stakeholder management skills Ability to travel up to approximately 35% as required by business needs Preferred Qualifications Advanced degree such as a Juris Doctor (J.D.) or MBA Experience supporting multi-site portfolios or large-scale real estate programs Familiarity with zoning, permitting, and regulatory considerations Experience working in a highly matrixed corporate environment 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. 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 : - Stock 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. 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 : - Stock Minimum Qualifications... Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications. Minimum Qualifications Bachelors 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. About Walmart: Fifty years ago, Sam Walton started a single mom-and-pop shop and transformed it into the world's biggest retailer. Since those founding days, one thing has remained consistent: our commitment to helping our customers save money so they can live better. Today, we're reinventing the shopping experience and our associates are at the heart of it. You'll play a crucial role in shaping the future of retail, improving millions of lives around the world. This is that place where your passions meet purpose. Join our family and create a career you're proud of.