Overview **This role will be based out of our Purchase, NY headquarters** PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $86 billion in net revenue in 2022, driven by a complementary beverage and convenient foods portfolio that includes Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream. PepsiCo's product portfolio includes a wide range of enjoyable foods and beverages, including many iconic brands that generate more than $1 billion each in estimated annual retail sales. Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with PepsiCo Positive (pep+). pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. For more information, visit www.pepsico.com. Our PepsiCo Global Real Estate (PGRE) team supports every facet of PepsiCo's office and supply chain portfolio, collaborating across verticals to drive global strategies and improve our bottom line while ensuring a world-class experience for associates. PGRE's mission is to create more smiles with every step in the workplace and on the frontline. At their core, they are passionate about creating spaces that people want to come to every day, where associates feel highly productive, highly effective, and highly connected so we can bring the PepsiCo Way to life and deliver the best products to our customers. PGRE delivers value throughout the real estate portfolio enhancing employee engagement, sustainability goals and community engagement The Director of PepsiCo Global Real Estate (PGRE) will be responsible for all PBNA Supply Chain real estate. This role will report to the Senior Director of Real Estate who manages the global Portfolio Optimization & Strategy (PSO) team. Key activities includes will include: Understanding the business strategy, operations, and challenges Developing a strategic planning process and overall real estate strategy Working with a Customer Relationship Manager (CRM) mindset, establish the role as a strategic partner to PBNA Sector and Division teams Develop and build a real estate partnership with Cresa, promoting a model in which PGRE and Cresa are viewed as a single team in delivering services to the business Execute real estate transactions in a timely and consistent manner, ensuring all critical dates are properly analyzed and managed Identifying productivity opportunities and optimizing the real estate portfolio in line with the business strategy Responsibilities Lead the execution of acquisition, disposition and lease transactions Analysis of market trends and lease rates to identify and execute productivity initiatives, while also educating the Business on market conditions, challenges and opportunities Develop and deliver consistent sector-wide reporting to support Leadership, Finance, HR, Logistics, and Engineering Lead and develop the Cresa team, ensuring the identification and implementation of best practices for transaction services Responsible for defining project requirements and developing creative solutions Assemble the appropriate internal and external resources. This includes working with internal and external counsel, risk management, EHS, and financial planning groups and also includes the timely inclusion of specific PGRE service lines, or pillars, on each project, e.g. Economic Development, Design, Capital Projects. Supported by Cresa and the sector finance teams, prepare project scenarios with full financial analyses Oversee and direct broker negotiations Work with external counsel to finalize lease documents Support the BUs in the preparation and presentation of comprehensive business cases, Capital Approval Requests Utilize the various technology tools available to optimize Qualifications Minimum Qualifications: Bachelors degree required 10+ years’ experience in industrial real estate transactions Experience in working as a CRM first, real estate specialist second Preferred Qualifications: MBA or other relevant advanced degree preferred Professional Certifications: PE / Architect / JD preferred Skilled in lease negotiation Skilled at building a consensus in a matrixed corporate environment Mastery in executive presentation skills Mastery of financial modeling Build to Suit Industrial Development Experience Compensation & Benefits: The expected compensation range for this position is between $165,000 - $185,000 Location, confirmed job-related skills and experience will be considered in setting actual starting salary Bonus based on performance and eligibility; target payout is 25% of annual salary paid out annually and an additional target payout of 10% of annual salary is paid out over 3 years following the end of the performance period Long term incentive equity may be awarded based on eligibility and performance. Paid time off subject to eligibility, including paid parental leave, vacation, sick, and bereavement In addition to salary, PepsiCo offers a comprehensive benefits package to support our employees and their families, subject to elections and eligibility: Medical, Dental, Vision, Disability, Health and Dependent Care Reimbursement Accounts, Employee Assistance Program (EAP), Insurance (Accident, Group Legal, Life), Defined Contribution Retirement Plan EEO Statement All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or disability status. PepsiCo is an Equal Opportunity Employer: Female / Minority / Disability / Protected Veteran / Sexual Orientation / Gender Identity If you'd like more information about your EEO rights as an applicant under the law, please download the available EEO is the Law & EEO is the Law Supplement documents. View PepsiCo EEO Policy. Please view our Pay Transparency Statement
Minimum Qualifications: Bachelors degree required 10+ years’ experience in industrial real estate transactions Experience in working as a CRM first, real estate specialist second Preferred Qualifications: MBA or other relevant advanced degree preferred Professional Certifications: PE / Architect / JD preferred Skilled in lease negotiation Skilled at building a consensus in a matrixed corporate environment Mastery in executive presentation skills Mastery of financial modeling Build to Suit Industrial Development Experience Compensation & Benefits: The expected compensation range for this position is between $165,000 - $185,000 Location, confirmed job-related skills and experience will be considered in setting actual starting salary Bonus based on performance and eligibility; target payout is 25% of annual salary paid out annually and an additional target payout of 10% of annual salary is paid out over 3 years following the end of the performance period Long term incentive equity may be awarded based on eligibility and performance. Paid time off subject to eligibility, including paid parental leave, vacation, sick, and bereavement In addition to salary, PepsiCo offers a comprehensive benefits package to support our employees and their families, subject to elections and eligibility: Medical, Dental, Vision, Disability, Health and Dependent Care Reimbursement Accounts, Employee Assistance Program (EAP), Insurance (Accident, Group Legal, Life), Defined Contribution Retirement Plan
Lead the execution of acquisition, disposition and lease transactions Analysis of market trends and lease rates to identify and execute productivity initiatives, while also educating the Business on market conditions, challenges and opportunities Develop and deliver consistent sector-wide reporting to support Leadership, Finance, HR, Logistics, and Engineering Lead and develop the Cresa team, ensuring the identification and implementation of best practices for transaction services Responsible for defining project requirements and developing creative solutions Assemble the appropriate internal and external resources. This includes working with internal and external counsel, risk management, EHS, and financial planning groups and also includes the timely inclusion of specific PGRE service lines, or pillars, on each project, e.g. Economic Development, Design, Capital Projects. Supported by Cresa and the sector finance teams, prepare project scenarios with full financial analyses Oversee and direct broker negotiations Work with external counsel to finalize lease documents Support the BUs in the preparation and presentation of comprehensive business cases, Capital Approval Requests Utilize the various technology tools available to optimize