(USA) Senior Manager, Portfolio Management

## Position Summary... ## What you'll do... **Role summary:** The Real Estate Manager is responsible for leading new store development and conversion initiatives within an assigned territory. This role owns the full lifecycle of new store delivery—from market strategy and site identification through deal execution and project completion—ensuring alignment with business objectives and long-term growth strategy. **About the team:** The new store development team focuses on expanding Walmart’s footprint by identifying and securing new store locations. Utilizing data-driven insights, the team evaluates site options, manages approval and entitlement processes, and supports real estate transactions. They collaborate across functions to ensure strategic decisions align with business goals. This team plays a key role in managing projects, negotiating agreements, and optimizing property assets to drive growth. Strong skills in portfolio management, negotiation, project management, real estate transactions, and communication are essential to successfully contribute to the team’s objectives. **What you'll do:** - Develop market strategies to support new store growth and conversion pipelines; identify and evaluate potential sites through market analysis, demographic research, and field assessments - Lead negotiations for land deals, manage due diligence, entitlement considerations, and transaction structuring - Manage projects from site selection through opening, including approvals, timelines, and budgets - Prepare and present materials for internal decision forums - Ensure projects stay on schedule and aligned with financial and operational targets - Coordinate across stakeholders to ensure seamless execution and risk mitigation - Build and maintain relationships with brokers, landowners, developers, and local officials **What you'll bring:** - Extensive experience in portfolio and project management within real estate - Proven ability to negotiate lease/purchase agreements, development agreements, and other documents effectively - Strong analytical skills to evaluate site selection, asset sales, and financial impacts. - Demonstrated expertise in managing third-party relationships and contract negotiations - Excellent communication skills to present recommendations and collaborate with leadership and cross-functional teams - Ability to develop and oversee budgets, forecasts, and capital expenditure reports. 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…