Mgr Real Estate

Company:  Occidental Petroleum
Location: Houston
Closing Date: 23/10/2024
Salary: £100 - £125 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description

Oxy is an international energy company with assets primarily in the United States, the Middle East and North Africa. We are one of the largest oil and gas producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Our Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. We are committed to using our global leadership in carbon management to advance a lower-carbon world. Visit oxy.com for more information.

Occidental strives to attract and retain talented employees by investing in their professional development and providing rewarding opportunities for personal growth. Our goal is to meet the highest employer standards by ensuring the health and safety of our employees, protecting the environment, and positively impacting communities where we do business.

We are looking for an experienced and motivated individual to fill the position of Real Estate Manager within our Real Estate & Facilities Department group based in Houston, TX .

Key Responsibilities:

  • Manage and execute a wide array of real estate-related activities for a major oil & gas corporation, including lease and sublease of commercial office premises, redevelopment of existing premises, and purchase and sale of real property.
  • Gather and evaluate real estate market and property data in conjunction with outside consultants such as real estate brokers, engineering consultants, and others.
  • Duties include but are not limited to: site selection; financial feasibility and approval; coordination with internal and external stakeholders and governmental agencies; and negotiation and execution of transaction-related documents. Duties may also include (in coordination with other members of the RE&F Department) oversight over construction/renovation; characterization/acquisition of FF&E; development of facilities management; and relocation/occupancy.
  • Coordinate negotiations with building owners and/or landlords, and act as landlord in negotiation with tenants where applicable. Develop lease documents and lease summaries, and review other materials as part of the due diligence process. Drive lease negotiations, produce lease comments, identify and resolve conflicts. Coordinate documentation with the Legal Department, obtain financial approval from the applicable Business Unit, and oversee the execution of legal documents with the correct delegation of authority.
  • Coordination of transaction processes including but not limited to: definition of requirements, market studies/analysis; request for proposals; financial and qualitative analysis; project justification; and, governmental and corporate approvals.
  • Develop and execute project plans, schedules and budgets for assigned real estate transactions.
  • Supervise operating expense audits where applicable.

Required Qualifications:

  • Minimum of 5 years experience with corporate real estate transactions: sale and purchase of vacant land; sale and purchase of land with vacant or operating facilities; and leasing and subleasing of office, industrial and mixed use facilities.
  • Strong documentation/drafting background to support the drafting, modification, and negotiation of real estate related contracts, agreements and documents.
  • A strong track record of work experience as a supervisor of projects, project manager or project coordinator in a commercial real estate setting.
  • Outstanding communication skills (both written and verbal), including the ability to listen to issues, define the real estate requirements, develop a solution, and address the business requirements. Ability to work with numerous internal and external stakeholders as part of a large multinational company.
  • Ability to simultaneously handle multiple projects in greatly differing real estate settings.
  • Ability to understand and develop real estate financial models.
  • Proficiency with Microsoft Outlook, Office, Excel, and Powerpoint.

Desired Qualifications:

  • Experience as part of a corporate real estate staff supporting a corporation, business unit of a corporation, or a similar business entity. Corporate real estate experience in Oil, Gas and Chemicals a plus.
  • JD, Masters in Real Estate, Masters in Finance or MBA.

Experience in working corporate real estate transactions in non-US jurisdictions and cultures (Oxy has real estate requirements in Western Europe, East Asia, and the Middle East).

Relocation will not be provided.

Occidental does not offer sponsorship of employment-based nonimmigrant visa petitions for this role.

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