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Entergy · 16 hours ago

Senior Manager, Real Estate Transactions

New Orleans, LA

Full-time

Hybrid

Senior Level, Lead/Staff

10+ years exp

Entergy is a leading energy company, and they are seeking a Senior Manager of Real Estate Transactions to provide strategic leadership and oversight of real estate strategy and transaction management. This role involves managing a significant lease portfolio, collaborating with various teams to develop real estate strategies, and engaging with senior leaders across the enterprise.

Electrical DistributionEnergyMarketingPower GridRetail TechnologyTrading Platform

No H1B

Responsibilities

Portfolio Management: Provide end-to-end transaction management for Entergy’s extensive real estate portfolio, which includes ~240 office and service center sites (500 buildings / 5M sq. ft.); 30+ gas and renewable generation sites on 28,000+ acres; 5 nuclear sites on 9,000+ acres; and 12 critical sites. Lead negotiation and management of complex transactions, including acquisitions, dispositions, leases, donations, and financing arrangements

Strategic Planning: Partner with business units, corporate functions, and senior leaders to develop business cases and execute real estate strategies that maximize portfolio performance, value, and alignment with enterprise priorities

Leadership: Lead, mentor, and develop a geographically dispersed real estate team, including Managers and Sr. Staff Analysts. Direct the work of 15+ regional brokers and oversee contracted lease administration resources

Partnership: Engage frequently and effectively with Executives, Operating Company Presidents, and SVP/VP level leaders on strategic planning, portfolio decisions, and transaction execution

Real Estate Subject Matter Expert: Apply deep expertise in real estate management, transactions, and planning. Demonstrate strong quantitative skills, the ability to quickly grasp complex concepts, and excellence in relationship-building, active listening, and strategic advising. Promote continuous improvement, innovation, and diversity of thought

Fiscal Management: Manage the annual $25–$30M non-capital rent and operating budget for the company’s real estate portfolio. Ensure strong vendor management, accurate service-level metrics, and 100% on-time vendor payments. Conduct lease operating expense audits and support financial and regulatory reporting related to 10K/10Q filings and Corporate Guaranties. Proactively identify and deliver recurring revenue, annual savings, and one-time revenue opportunities

Program Management: Develop and oversee value-enhancing programs, including Mineral Management, Sustainable Forestry, Land Management, and Telecom/IT use to drive 'highest and best use' outcomes and unlock revenue or savings from underutilized sites

Due Diligence: Work collaboratively with Legal, Environmental, Risk Management, Facilities, Accounting, Regulatory, Tax, and Finance teams to lead due diligence activities, including surveys, environmental assessments, valuations, title commitments, financial analysis, zoning reviews, regulatory filings, ordinances, deed restrictions, and encumbrances

Culture: Model the highest ethical standards and champion an enterprise-wide focus on process rigor, controls, policies, laws, regulations, and governance to maximize value and minimize risk

Safety, Stakeholders Involvement: Promote and reinforce strong safety behaviors using tools such as Close Call/Good Catch and regularly assess real estate team and vendor processes. Foster community involvement, support employee volunteerism, and advance vendor diversity in real estate due-diligence sourcing

Qualification

Commercial Real EstateReal Estate StrategyTransaction ManagementPortfolio ManagementStrategic PlanningFinancial ManagementNegotiation SkillsLeadershipRelationship ManagementContinuous ImprovementAnalytical ThinkingTeam DevelopmentCompliance KnowledgeVendor ManagementCultural AwarenessEthical StandardsCommunication SkillsProblem SolvingProject Management