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Job Description: Real Estate Manager at 3M
At 3M we apply science in collaborative ways to improve lives daily as our employees connect with customers all around the world. Collaborate with Innovative 3Mers Around the World Choosing where to start and grow your career has a major impact on your professional and personal life, so it’s equally important you know that the company that you choose to work at, and its leaders, will support and guide you. With a wide variety of people, global locations, technologies and products, 3M is a place where you can collaborate with other curious, creative 3Mers.
3M is seeking a Real Estate Manager for the Real Estate Department located in Maplewood, MN.
At 3M, you can apply your talent in bold ways that matter. Here, you go.
Job Summary
This position leads real estate transactions and related activities to enable and support 3M business units worldwide. The selected candidate provides insight and direction to senior finance, corporate and divisional management with respect to the financial statement impact of complex and diverse real estate transactions proposed by 3M business units and local country subsidiaries. As part of the Real Estate Department Operating Committee, this position is directly involved in the determination of the direction, priorities and resource alignment of the Real Estate Department and is accountable for the results associated within assigned responsibilities.
Responsibilities
- Member of the RE Dept. Op. Committee
- Implement RE Dept. programs and procedures
- Develop and implement department priorities
- Quantify and analyze alternatives and deliver recommendations, including analytical support, to BU, financial and exec. mgmt. as part of the RE decision making process.
- Manage large and complex RE projects and implement global RE strategy.
- Team with 3M RE and non-RE professionals to manage 3M RE assets with environmental constraints or other unique qualities.
- Represent the RE Dept on individual merger, acquisition, and divestiture projects
- Complete due diligence and valuation analysis associated with projects
- Formulate contract negotiating points and assist RE counsel in contract negotiation
- Support the integration and post-closing activities.
- Provide support and counsel with respect to RE sites that are specialized in use, zoning, environmental conditions or have increased visibility in the community.
- Develop processes to ensure that data is properly collected, maintained, and reported.
- Identify opportunities and initiate actions to improve dept. and corp. RE processes.
- Participate in cross-functional teams to drive process improvements in corp. initiatives.
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Basic Qualifications
- A bachelor’s degree in real estate, finance, or business or engineering, supply chain, etc
- 5-10 years of experience in complex real estate work
- Five (5) or more years' experience across multiple asset classes; manufacturing, distribution, warehouse, office, office, and others.
Preferred Qualifications
- An advanced degree in real estate, business, and/or finance
- Understanding of 3M structure, organization, and business culture
- Proficient with Microsoft Word & Excel, Financial Modeling in land planning practices and permitting of mines and/or other large-scale industrial projects
- Experience with SAP
- Experience with Real Estate database management
- Experience at large, matrixed company
- Experience in AI application within Real Estate space
- Able to independently manage a large volume of varied and complex RE projects
- Able to model, package and communicate the financial statement as well as business impact of RE decisions
- Experience with real estate finance, debt structuring, land planning & zoning laws
- Excellent communication skills
- Experience with RE or construction project management and negotiation
- Effectively manage relationships inside and outside of the RE department
- Knowledge of RE leasing, purchase and sale transactions and title issues
- Experience with environmental issues, including common remediation practices
- Applied knowledge of international RE practices in leasing and buying/selling RE
- Proven ability to manage people and/or complex RE processes
Location
This role follows an on-site working model, requiring the employee to work at least four days a week at the 3M Center in Maplewood, MN or other local 3M office Maplewood, MN, Austin TX or Bracknell, UK
Travel
May include up to 40%
Relocation Assistance
May be authorized
Must be legally authorized to work in country of employment without sponsorship for employment visa status (e.g., H1B status).
Supporting Your Well-being
3M offers many programs to help you live your best life – both physically and financially. To ensure competitive pay and benefits, 3M regularly benchmarks with other companies that are comparable in size and scope.
Resources for You
For more details on what happens before, during and after the interview process, check out the Insights for Candidates page at 3M.com/careers.
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All US-based 3M full time employees will need to sign an employee agreement as a condition of employment with 3M. This agreement lays out key terms on using 3M Confidential Information and Trade Secrets. It also has provisions discussing conflicts of interest and how inventions are assigned. Employees that are Job Grade 7 or equivalent and above may also have obligations to not compete against 3M or solicit its employees or customers, both during their employment, and for a period after they leave 3M.
Learn more about 3M’s creative solutions to the world’s problems at www.3M.com or on Instagram, Facebook, and LinkedIn @3M.
Responsibilities of this position include that corporate policies, procedures and security standards are complied with while performing assigned duties.
Safety is a core value at 3M. All employees are expected to contribute to a strong Environmental Health and Safety (EHS) culture by following safety policies, identifying hazards, and engaging in continuous improvement.
Pay & Benefits Overview
3M does not discriminate in hiring or employment on the basis of race, color, sex, national origin, religion, age, disability, veteran status, or any other characteristic protected by applicable law.
Please note: your application may not be considered if you do not provide your education and work history, either by: 1) uploading a resume, or 2) entering the information into the application fields directly.
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At 3M we apply science in collaborative ways to improve lives daily as our employees connect with customers all around the world. Learn more about 3M's creative solutions to global challenges at www.3M.com or on Twitter @3M or @3MNews.
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