Global Corporate Real Estate Manager

At Sherwin-Williams, our purpose is to inspire and improve the world by coloring and protecting what matters. Our paints, coatings and innovative solutions make the places and spaces in our world brighter and stronger. Your skills, talent and passion make it possible to live this purpose, and for customers and our business to achieve great results. Sherwin-Williams is a place that takes its stability, growth and momentum and translates it to possibility for our people. Our people are behind the strength of our success, and we invest and support you in:

Life … with rewards, benefits and the flexibility to enhance your health and well-being Career … with opportunities to learn, develop new skills and grow your contribution Connection … with an inclusive team and commitment to our own and broader communities Its all here for you... lets Create Your Possible

At Sherwin-Williams, part of our mission is to help our employees and their families live healthier, save smarter and feel better. This starts with a wide range of world-class benefits designed for you. From retirement to health care, from total well-being to your daily commute—it matters to us. A general description of benefits offered can be found at http://www.myswbenefits.com/. Click on “Candidates” to view benefit offerings that you may be eligible for if you are hired as a Sherwin-Williams employee.

Compensation decisions are dependent on the facts and circumstances of each case and will impact where actual compensation may fall within the stated wage range. The wage range listed for this role takes into account the wide range of factors considered in making compensation decisions including skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. The wage range, other compensation, and benefits information listed is accurate as of the date of this posting. The Company reserves the right to modify this information at any time, with or without notice, subject to applicable law.

Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable federal, state, and local laws including with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act where applicable.

Sherwin-Williams is proud to be an Equal Employment Opportunity employer.  All qualified candidates will receive consideration for employment and will not be discriminated against based on race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, pregnancy, genetic information, creed, marital status or any other consideration prohibited by law or by contract.

As a VEVRAA Federal Contractor, Sherwin-Williams requests state and local employment services delivery systems to provide priority referral of Protected Veterans.

Please be aware, Sherwin-Williams recruiting team members will never request a candidate to provide a payment, ask for financial information, or sensitive personal information like national identification numbers, date of birth, or bank account numbers during the application process.

CORE RESPONSIBILITIES AND TASKS: 

(1) Acquisition of New Facilities:

• Work with Division Management to establish site selection criteria and building requirements for new office, warehousing and manufacturing facilities.
• Engage outside brokers and consultants (labor analytics, economic incentive, etc.) as needed to identify site options and analyze real estate markets.
• Draft and negotiate the business terms of the real estate transaction such as Letters of Intent and Requests for Proposal.
• Coordinate and lead the due diligence efforts (environmental, title, survey, entitlements, permitting, etc.) and engage outside vendors (surveyors, appraisers, title companies, etc.) to insure that the site(s) have been properly vetted and are consistent with the companys risk profile.
• Resolve issues identified in the due diligence, and draft/negotiate legal documentation as necessary such as Access Agreements, License Agreements, Waivers, Releases or Consents.
• Work with in-house and/or outside counsel to draft/negotiate the legal documentation for the real estate transaction such as Purchase & Sale Agreements and Leases.
• Monitor the construction or build-out process to insure the timely delivery/turn-over of the new facility.

(2) Disposition of Decommissioned Properties:

• Engage outside brokers and establish a marketing plan for the leasing or disposition of the property.
• Monitor all environmental remediation activities and assist in the drafting, review and negotiation of Environmental Covenants or other land use restrictions.
• Draft/negotiate the business terms and legal documentation for the sale or leasing of the property such as Commission Agreements, Purchase & Sale Agreements, and Leases.

(3) Advise Operating Divisions on Real Estate Matters:

• Research and handle inquiries from Division Management regarding lease obligations and advise Division Management as to recommended actions regarding leased facilities.
• Assist with resolution of real estate matters affecting company locations such as eminent domain, ownership/boundary issues, rezoning of nearby properties, repair issues, etc.
• Evaluate proposals from owners, buyers, lessors, tenants, and subtenants with respect to purchase price, lease rate, buy-out amount, etc. and advise Division Management with respect to the same, including analysis of economic benefit and potential risks.
• Draft/negotiate the business terms and legal documentation for matters affecting company owned and leased properties such as Utility Easements, Right-of-Ways, Restrictive Covenants, Subordination Agreements, Estoppels, etc.
• Recommend real estate policies procedures, documents and strategy.

(4) Additional Responsibilities:

• Ensure that vendor contracts are in place for the proper maintenance and preservation of the properties until disposition, and coordinate any repairs as needed.
• Maintain system to monitor lease expiration dates for all leased facilities and draft/negotiate the business terms and legal documentation for Lease Amendments, Extensions and Letters of Exercise.
• Assist in the decommissioning and turn-over of closed facilities to corporate by establishing turn-over standards, monitoring environmental closure and facility repair, and coordinating inspection team for final site closure.
• Maintain database for all leased and owned facilities both within the US and globally.

“Job duties include contact with other employees and access confidential and proprietary information and/or other items of value, and such access may be supervised or unsupervised. The Company therefore has determined that a review of criminal history is necessary to protect the business and its operations and reputation and is necessary to protect the safety of the Companys staff, employees, and business relationships.” 

POSITION REQUIREMENTS:

FORMAL EDUCATION:

Required:

•  Bachelors Degree - Business, Real Estate or related field of study

Preferred:

• Juris Doctorate

KNOWLEDGE & EXPERIENCE:

Required:

•  5-7+ years managing industrial/commercial real estate transactions

TECHNICAL/SKILL REQUIREMENTS:

Preferred:

• Bilingual (English and Spanish, French, German or Chinese)

TRAVEL REQUIREMENTS: (TIME SPENT AWAY FROM HOME OR OTHER TYPICAL OFFICE LOCATION)

• 10-15%

Information :

• Company : Valspar and Sherwin-Williams
• Position : Global Corporate Real Estate Manager
• Location : Cleveland, OH
• Country : US