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Employment Type:
Not Specified
Job Category:
Aerospace & Aeronautics
Real Estate Portfolio Manager - Facilities and Real Estate
(This job is no longer available)
Raytheon Company | Andover, MA
Grad Date

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Job Description

Raytheon Global Business Services (GBS) has an opening for a Real Estate Portfolio Manager – Facilities and Real Estate. This position will support the real estate portfolio and transaction management for the Integrated Defense Systems (IDS) global real estate portfolio. IDS manages ~5.8M sq ft of space including office, labs, warehouse and manufacturing space spread over 20 countries, supporting 14,500 people worldwide. IDS real estate portfolio is a mix of leased and owned properties across the globe.

The position will support Requests for Proposal (RFP) process through site selection plus transaction negotiations and lease execution; investment decisions for IDS operations, programs, corporate real estate and other businesses with the evaluation of real estate opportunities for the company. Responsible for conducting accurate and timely financial analysis in support of real estate decision Also, provide content for and track Real Estate Appropriations Requests to assure the internal company financial policies are followed. Some business travel is required.

Looking for:

Relationship Builder: Engage with cross-functional teams at all levels and serve as a trusted real estate expert
Problem-solver: Partner with internal clients to understand intent and goals, develop plans that meets needs and relentlessly pursue options to deliver high-performing results.
Communicator & Collaborator: Strong written and verbal communication skills; leverage different approaches and build on the ideas and perspectives of others
Juggler: Tackle deliverables with a sense of urgency. Manage multiple tasks at a time with a high-degree of skill and time efficiency

Job Description:

  • Manage Real Estate portfolio and lease transactions in alignment with business strategy
  • Proactively support front end for key pursuits with real estate requirements and drive optimal solutions
  • Support Lease waterfall tracking including lease renewal/cancelation notice dates, lease expiration dates, and rent and operating costs
  • Support the development and tracking of real estate appropriations requests including lease expense and capital investments requirements
  • Support tracking of space requests and project status/scorecard
  • Support real estate portfolio management and reporting including preparation of monthly operations review briefings
  • Support tracking and reporting of space utilization metrics
  • Support governance reporting including mid-year and year end portfolio metrics, lease commitment reporting, 5 year real estate forecast, and annual 10K reporting
Required Skills:

  • Bachelor’s Degree Required plus minimum 8+ years of real estate transaction management and execution excellence
  • Financial analysis including transaction cash flow comparison of alternatives
  • Strong understanding of Lease documentation review including landlord work letter experience
  • Support market surveys, tours and site selection processes in partnership with the IIS Customer, Raytheon Corporate Real Estate/Third Party Brokers/Tenant Representatives
  • Facilities space planning experience for office, lab, manufacturing and warehouse
  • Regional Consolidation/Space Optimization experience
  • Lease administration including rent administration, lease audit
  • Strong process background; R6Sigma
  • Successful history of partnering with cross function disciplines including finance, environmental health and safety, Information Technology, Security and Facilities Management
  • Customer-focused with ability to interact with and motivate all levels of the organization
  • Strong oral and written communication skills
  • Well-organized. Able to simultaneously prioritize and manage multiple tasks
  • Strong PC skills, particularly Microsoft Word, Excel and PowerPoint
  • Some business travel
This position requires either a U.S. Person or a Non-U.S. Person who is eligible to obtain any required Export Authorization

Desired Skills:
  • Project management/construction management
  • Experience in Facilities and operation & maintenance expenses plus facility metrics and data
  • Understanding of lease documentation

Bachelor’s degree in Business Administration, Finance, Management, Operations, Facilitier or related discipline

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Raytheon is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, age, color, religion, creed, sex, sexual orientation, gender identity, national origin, disability, or protected Veteran status.


About Raytheon Company

Raytheon Company is a technology and innovation leader specializing in defense, civil government and cybersecurity markets throughout the world. With a history of innovation spanning 92 years, Raytheon provides state-of-the-art electronics, mission systems integration and other capabilities in the areas of sensing; effects; and command, control, communications and intelligence systems; as well as a broad range of mission support services

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