Excess Property Manager

Innovate Remotely

This position is fully remote, allowing you to enjoy the flexibility of working from home while collaborating with skilled team members and contributing to groundbreaking solutions.

Your Impact

The principal purpose of the Excess Property Manager is to manage the disposition of assigned properties from the Sr manager of the company's excess non- strategic real estate. The Excess Property Manager fulfills the function of this role by marketing, selling, leasing, sub-leasing, or any other method of ensuring the most profitable position for Lowe's while adhering to company values and by relying on direction from the Sr. Excess Manager and the executive team.

What You Will Do

• Facilitates the disposition of all assigned company non-strategic excess real estate assets, including but not limited to the marketing, selling, leasing, sub-leasing, etc. within the best interest of the company
• Work with internal partners on excess real estate that may fit internal strategic uses, in lieu of leasing or purchasing other property.
• Coordinates with all stakeholders, (e.g., Lowe’s Legal, Facilities Management, E&C, Real Estate, Finance, Market Research, Operations, etc.), for the highest ROIC with each sales transaction, while minimizing impact to active store operations.
• Preparation of presentations to the REC concerning the excess property portfolio, including applicable recommendations for dispositions.
• Partners with Lowe’s legal team for all relevant real estate agreements and property management activities associated with the disposition of excess properties.
• Notifies the applicable groups when an excess property or carve out opportunity exists as related to real estate deals, existing stores, closed stores, etc.
• Coordinates viewings with brokers, sister store managers, and potential buyers.
• Works with outside broker partners, Identifies and targets potential customers; potential travel to the customer to secure deals.
• Possible Travels to soon-to-be-vacated real estate and/or peripheral land sale opportunities to evaluate market conditions in order to establish recommendations for disposition strategy.
• Adherence to the corporate financial and capital asset guidelines.

Minimum Qualifications

• Bachelor’s degree Business Administration or Real Estate related field or equivalent years of experience in lieu of education requirement, if applicable
• 1-3 years Developing and implementing a commercial real estate marketing and sales program
• 1-3 years of Commercial Real Estate Experience. Deal making/ property management or sales. Experience can be with a retail company, but not required

Preferred Skills/Education

• 1-2 years of Real Estate Property Sales

Pay Range: $101,100.00 - $168,900.00 annually

Starting rate of pay may vary based on factors including, but not limited to, position offered, location, education, training, and/or experience. For information regarding our benefit programs and eligibility, please visit our benefits page.

Lowe's hourly remote associates cannot reside in Alaska, California or Hawaii. Lowe's salaried remote associates cannot reside in Alaska or Hawaii.

About Lowe’s

Lowe’s Companies, Inc. (NYSE: LOW) is a FORTUNE® 100 home improvement company with total fiscal 2025 sales of more than $86 billion. Lowe’s employs approximately 300,000 associates and operates over 1,750 home improvement stores, 540 branches and 120 distribution centers. Based in Mooresville, N.C., Lowe’s supports the communities it serves through programs focused on creating safe, affordable housing, improving community spaces, helping to develop the next generation of skilled trade experts and providing disaster relief to communities in need. For more information, visit Lowes.com.  

Lowe’s is an equal opportunity employer and administers all personnel practices without regard to race, color, religious creed, sex, gender, age, ancestry, national origin, mental or physical disability or medical condition, sexual orientation, gender identity or expression, marital status, military or veteran status, genetic information, or any other category protected under federal, state, or local law.

Qualified applicants with arrest or conviction records will be considered for Employment in accordance with applicable laws, including the Los Angeles County Fair Chance Ordinance for Employers, the Los Angeles Fair Chance Ordinance, the San Francisco Fair Chance Ordinance, and the California Fair Chance Act.

Lowe’s believes that conviction records may have a direct, adverse, and negative relationship to the following job duties: accessing company property, assets, information and products; partnering, supervising, and regularly working with other Lowe’s employees; and adhering to and monitoring compliance and safety guidelines. 

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.