Associate Real Estate Manager - Toronto, Canada - Tesla

Tesla
Tesla
Verified Company
Toronto, Canada

1 week ago

Sophia Lee

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Sophia Lee

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Description
What to Expect

  • Tesla is seeking a Real Estate Manager preferably with industrial expertise to play a key role in the company's continued growth. You will be responsible for supporting Tesla's factories, logistics, and energy real estate needs in North America including manufacturing, warehousing, temporary parking and storage. You will also collaborate cross functionally with internal teams including Production Control, Supply Chain, Logistics, Energy, Construction and Design as well as Legal, Finance and Lease Administration and external partners including landlords, developers, brokers and advisers to lead and complete new location development. This position may be based in either Toronto or Montreal.
What You'll Do

  • Responsible for assisting with site selection and negotiation of lease terms for new and existing support, parking, and storage locations in the U.S.
  • Evaluate needs along with gathering and analyzing economic, demographic and other market data to identify and prioritize key markets
  • Perform and collect necessary due diligence to prepare for Development
  • Work with internal business partners to create business case justification
  • Manage and maintain broker relationships
  • Negotiate LOIs and work letters for properties selected
  • Negotiate lease alongside Legal team
  • Understand zoning and DMV licensing requirements per state
  • Works closely with project manager, design manager and finance teams throughout the lifecycle of a real estate deal from site selection to project completion
  • Collaborate with internal business partner to validate our real estate strategy including lease terminations, consolidations, expansions, renewals and relocations
  • Manage deal timeliness, property standards and budget goals alongside internal partners
  • Learn and Penetrate new real estate markets and determine ideal location suitable for development
What You'll Bring

  • Bachelor degree in relevant area of study (Business, Real Estate, Economics, Finance) or equivalent experience and evidence of exceptional ability
  • Minimum 2 years of transactional real estate across multiple real estate product types. Including leasing, acquisitions, and dispositions
  • Demonstrated negotiation skills
  • Understanding of real estate principles and concepts
  • Understanding of legal terms specific to Real Estate
  • Ability to create and interpret Pro forma, Cash Flow Analysis and Basic deal tracking structures
  • Ability to identify and report sitespecific conditions
  • Exceptional ability to gather, analyze and present demographic and financial data in executive level reports
  • Experience with municipal planning and zoning procedures required
  • Proficient with MS Excel, Word and PowerPoint
  • Ability to travel up to 50%
  • Blingual in French strongly preferred

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