Sr Manager Real Estate (RE) Americas

At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity. Learn more at jnj.com

As guided by Our Credo, Johnson & Johnson is responsible to our employees who work with us throughout the world.  We provide an inclusive work environment where each person is considered as an individual.  At Johnson & Johnson, we respect the diversity and dignity of our employees and recognize their merit.

Job Function:

Strategy & Corporate Development

Job Sub Function:

Real Estate Management

Job Category:

People Leader

All Job Posting Locations:

Cambridge, Massachusetts, United States of America, Cincinnati, Ohio, United States of America, Irvine, California, United States of America, Jacksonville, Florida, United States of America, New Brunswick, New Jersey, United States of America, San Diego, California, United States of America

Job Description:

E&PS is recruiting for a Sr Manager Real Estate (RE) Americas role to be located in one of the following locations: New Brunswick, NJ /San Diego, CA /Cincinnati, OH/ Jacksonville, FL / Cambridge, MA / Toronto, CA or Irvine, CA.

About MedTech

Fueled by innovation at the intersection of biology and technology, we’re developing the next generation of smarter, less invasive, more personalized treatments.

Your unique talents will help patients on their journey to wellness. Learn more at https://www.jnj.com/medtech

About Innovative Medicine

Our expertise in Innovative Medicine is informed and inspired by patients, whose insights fuel our science-based advancements. Visionaries like you work on teams that save lives by developing the medicines of tomorrow.

Join us in developing treatments, finding cures, and pioneering the path from lab to life while championing patients every step of the way.

Learn more at https://www.jnj.com/innovative-medicine

Please note that this role is available across multiple countries and may be posted under different requisition numbers to comply with local requirements. While you are welcome to apply to any or all of the postings, we recommend focusing on the specific country(s) that align with your preferred location(s):

United States - Requisition Number: R-066535

Canada - Requisition Number: R-070900

Remember, whether you apply to one or all of these requisition numbers, your applications will be considered as a single submission

About us:

At Engineering & Property Services (E&PS) we take care of all J&J buildings around the world providing end to end services from Real Estate, Engineering & Strategic Project Delivery to Facilities Management. We have a profound influence on the entire J&J Enterprise, providing innovative workplaces where our employees can collaborate and grow, and delivering flexible site solutions which enable our business to best serve our important customers and patients.

About the role:

The role is responsible for driving and coordinating real estate strategy and execution within the Americas region, ultimately contributing to the standardization of real estate strategy and transactions regionally and globally. The successful candidate is responsible for defining and deploying regional property strategy in collaboration with regional business leaders to achieve committed business outcomes. The successful candidate will represent real estate management functions and contribute to J&J Affiliate regional business plans identifying and defining real estate opportunities and developing appropriate solutions to achieve optimal results.

A suitable candidate for this role will have skills to facilitate decision-making processes, working collaboratively with senior levels and functions within the region.

Key relationships include MedTech and Innovative Medicine sector leaders, Regional Transaction Managers, Lease Administration, Legal and other E&PS teams including Project Delivery and Facilities Management.

Key Responsibilities:

Portfolio Management and Optimization

Work under the direction of the Americas Real Estate Lead to achieve J&J’s business and enterprise goals and map its strategies and initiatives into regional/country level solutions Drive regional and sector long term property footprint activities, including analytical evaluation of the regional/country real estate portfolio with the purpose of driving substantial cost savings for the enterprise and proactively identify strategies to optimize assigned property portfolio. Collaborate within RE and with the business to perform feasibility studies that evaluate viable alternatives and balance business needs with enterprise direction and affordability and Develop options and recommendations based on business objectives and specific real estate knowledge and leading practices for review and approvals. Maintain up to date market intelligence to capitalize on opportunities as well as to react to time-sensitive projects and initiatives. Review and approve all transactions prior to securing approvals. Develop case for change to support proposed solutions and Apply knowledge of J&J’s property portfolio assigned and the country/region market expertise to carry out portfolio analysis and optimization activities.

Transaction Execution

Lead service providers to deliver real estate transactions (i.e., acquisition and disposition of owned and leased properties). Ensure transactions meet the business needs, are efficient, meet J&J policies and country-specific requirements, and best protect J&J’s interest. Lead activities necessary to initiate and complete transactions – this includes understanding the business need, identifying options, engaging brokers, performing market analysis, coordinating preparation of due diligence analysis, valuations and appraisals, Letter of Intent, RFPs, financial analysis, and lease/buy analysis, leading the contract conversation of leases and purchase sale agreements. Track market trends and propose appropriate actions to address issues and assist in negotiations with purchasers, sellers, landlords, community groups, government organizations and agencies to accomplish stated real estate goals. Partners with external brokers and consultants used to support transaction activities including new purchases or leases, lease renewals, subletting, lease surrenders, restoration issues, property dispositions, etc.

Regional and Local Customer Relationship Management (CRM) Collaboration with E&PS and external business partners

Serve as an active business solution partner establishing deep connections within local business units and understanding business needs and identify real estate strategies and solutions to address them in a cost-effective manner. Collaboration with Americas RE Lead to ensure accurate implementation of strategy and activities. Provide directions to external service providers (transaction managers, brokers) in support of activities to meet quality delivery of the agreed solutions and develop the talent of team members and build a culture of continuous improvement driven by metrics, benchmarking, and standard methodologies.

Real Estate Transformation activities

Develop region and country strategies to reduce costs, enhance cashflow and optimize the real estate footprint to achieve the strategic plan/program targets. Maintain strategic standards on a broad range of critical real estate issues and deploy new planning processes, methodologies, and tools to accommodate local growth and translate facility plans into capital requirements. Lead high-complexity projects assigned, with good knowledge of project controls, scope and organizational change, including proactive reporting to internal customers and collaborators.

Qualifications:

Education:

• Bachelor’s or equivalent university degree in Business Administration or Real Estate is required.
• Masters degree in Business Administration is preferred.

Experience:

Required:

• Proven experience in roles of growing responsibility in real estate. Consistent track record as an effective strategic real estate professional / Corporate Real Estate with strong experience in stakeholder management.
• Strong business acumen, analytics and problem-solving skills
• Strong understanding of finance principles (Net Present Value, Internal Rate of Return, P&L statements, etc.) and their application to real estate transactions
• Good arbitration and influencing skills with capability to consider many different viewpoints and facilitate effective business decisions.
• Proven grounding in technology and appreciation for how it can contribute to identifying metrics and aid in decision making.
• Specific skills in project management, technical, financial, and experience with facilities management and/or project management.
• Candidates should have a record of success working in the regional RE markets in the Americas.
• Capable of proactively facilitating change
• Demonstrate creative solution development, innovation, integrity, eye for business and sound judgment.
• Must possess excellent interpersonal and communication skills (written and verbal)
• Excellent relationship management and the ability to work optimally across cultures, divisions and levels.
• Able to prioritize multiple projects simultaneously.

Other:

• This position will require up to 25% domestic and international travel.
• Proficiency (oral & written) in the English language is required.

Johnson & Johnson is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, protected veteran status or other characteristics protected by federal, state or local law. We actively seek qualified candidates who are protected veterans and individuals with disabilities as defined under VEVRAA and Section 503 of the Rehabilitation Act.

Johnson & Johnson is committed to providing an interview process that is inclusive of our applicants’ needs. If you are an individual with a disability and would like to request an accommodation, external applicants please contact us via https://www.jnj.com/contact-us/careers. Internal employees contact AskGS to be directed to your accommodation resource.

#LI-Hybrid

Required Skills:

 

 

Preferred Skills:

Alliance Formation, Budget Management, Business Savvy, Contract Management, Contract Monitoring, Cross-Functional Collaboration, Developing Others, Fact-Based Decision Making, Inclusive Leadership, Investment Management, Leadership, Negotiation, Project Reporting, Real Estate Management, Regulatory Environment, Risk Management, Strategic Change, Strategic Thinking, Team Management

 

 

The anticipated base pay range for this position is :

$122,000.00 - $212,750.00

Additional Description for Pay Transparency:

Subject to the terms of their respective plans, employees are eligible to participate in the Company’s consolidated retirement plan (pension) and savings plan (401(k)).

Subject to the terms of their respective policies and date of hire, employees are eligible for the following time off benefits:

Vacation –120 hours per calendar year

Sick time - 40 hours per calendar year; for employees who reside in the State of Colorado –48 hours per calendar year; for employees who reside in the State of Washington –56 hours per calendar year

Holiday pay, including Floating Holidays –13 days per calendar year

Work, Personal and Family Time - up to 40 hours per calendar year

Parental Leave – 480 hours within one year of the birth/adoption/foster care of a child

Bereavement Leave – 240 hours for an immediate family member: 40 hours for an extended family member per calendar year

Caregiver Leave – 80 hours in a 52-week rolling period10 days

Volunteer Leave – 32 hours per calendar year

Military Spouse Time-Off – 80 hours per calendar year

For additional general information on Company benefits, please go to: - https://www.careers.jnj.com/employee-benefits