Manager, Corporate Real Estate at SunSource

Addison, Illinois, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Industrial Distribution, Fluid PowerIndustries

Requirements

Bachelor’s degree in relevant field of study preferred
10+ years’ experience with lease negotiations, strategic real estate portfolio management, and indirect procurement of products and services used within facilities
Ability to work on multiple projects simultaneously with minimal supervision
Strong negotiation skills for lease negotiations and indirect procurement
Self-starter with initiative and ownership of responsibilities
Effective communicator
Strong organizational and interpersonal skills
Positive work attitude and pride in work product
Expertise in facilities management, lease negotiations, cross-functional collaboration, budget administration, and vendor relations

Responsibilities

Develop, implement and oversee a comprehensive real estate strategy for all owned and leased properties (Strategic Portfolio Management)
Partner with SBU leadership, real estate brokers and legal counsel on lease negotiations, including leveraging lease management software to monitor critical dates, liaise with stakeholders, review terms, and assist with negotiations (Lease Administration)
Proactively identify, explore and pursue facility co-locations, considering customer, employee and supplier impact; relocation expenses; facility requirements; anticipated cost savings; timing; and strategic considerations (Geographic Footprint Optimization)
Manage facilities costs and pursue savings opportunities across more than 240 locations, including utilities and energy usage (negotiating agreements in non-regulated states), facilities services (landscaping, HVAC maintenance/repair, alarm systems, waste removal), warehouse equipment/supplies (packaging, MRO, material handling), facility employee supplies (office supplies, uniforms, safety products), and other maintenance agreements (Vendor Management)
Partner with the Facilities Best Practices Team (FBPT) to share best practices on cost savings, energy reduction, and operational efficiencies supporting company goals (Facility Best Practices)
Work with General Counsel and operations team to address facility maintenance and repair issues per lease agreements; handle maintenance needs for headquarters in Addison, IL (Facility Maintenance)

Skills

Lease Administration

Lease Negotiations

Facilities Management

Real Estate Strategy

Space Management

Vendor Management

Budget Administration

Cross-Functional Collaboration

Lease Management Software

Geographic Footprint Optimization

SunSource

Distributes fluid power components and systems

About SunSource

SunSource distributes fluid power components and systems for industries such as OEM, MRO, and mobile equipment. Their services include design and engineering support, supply chain optimization, and repair capabilities, all aimed at enhancing productivity and reducing costs for clients. Unlike competitors, SunSource combines a national reach with a strong local presence, ensuring personalized customer service and technical support. The company focuses on building meaningful relationships and developing its associates, with the goal of delivering high-quality products and services that drive growth.

Windsor, CaliforniaHeadquarters

2001Year Founded

VENTURE_UNKNOWNCompany Stage

Automotive & Transportation, Industrial & ManufacturingIndustries

1,001-5,000Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Company Match

Tuition Reimbursement

Risks

Competition from online marketplaces like Amazon Business threatens traditional distributors.

Electric and hybrid equipment may reduce demand for traditional fluid power components.

Supply chain vulnerabilities could impact SunSource's ability to meet customer demands.

Differentiation

SunSource offers comprehensive services including design, engineering, and supply chain optimization.

The company has over 85 years of experience in the fluid power sector.

SunSource emphasizes associate development and strong customer-supplier relationships.

Upsides

Growing demand for energy-efficient hydraulic systems boosts SunSource's market potential.

IoT integration enhances predictive maintenance, reducing downtime and improving efficiency.

Rise of electric and hybrid equipment creates new opportunities for component supply.

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