Eaton Corporation Manager of Global Real Estate in Cleveland, Ohio

Eaton’s Corporate Sector is seeking a Manager of Global Real Estate. The Manager of Global Real Estate can be based at any of the following Eaton locations: Beachwood, OH, Irvine, CA, Moon Township, PA, Galesburg, MI or Eden Prairie, MN.

Position Overview:

Help Eaton’s Electrical Sector business leaders strategize, evaluate and execute real estate transactions to meet their business needs. Develop effective business partnerships by providing insightful real estate market & financial analysis and making strategic recommendations to support Eaton’s global real estate footprint. Use real estate expertise and collaborate with strategic advisors to oversee the acquisition, disposition and on-going management of the company’s real property portfolio . Negotiate large and complex real estate transactions for the lease, purchase and sale of real property on the company’s behalf. Provide project management, including the coordination of brokers, architects, engineers, attorneys and other real estate advisors, in the acquisition and relocation of manufacturing, sales, warehouse and support facilities. Drive other strategic department initiatives to deliver functional improvement.

Essential Responsibilities:

  • Work with senior Eaton’s business leaders on global real estate strategies and solutions best suited for their business needs and growth objectives.

  • Negotiate complex lease agreements for office, warehouse, manufacturing and distribution facilities required by Eaton’s operating divisions.

  • Negotiate legal contracts for the purchase, lease, sale and sublease of real property by the company.

  • Partner with external brokers, appraisers, and property managers whose services are retained by the corporation.

  • Serve as project manager in the acquisition, relocation and lease negotiation process for new facilities worldwide.

  • Manage the disposal/surrender of surplus property so as to maximize residual value, while managing the company’s risks.

  • Advise on the condition, functionality, marketability, and value of real estate owned or leased by companies being considered for acquisition.

  • Coordinate with Tax, Accounting, Law and Environmental Services on real estate related issues for the property portfolio.

Qualifications

Basic Qualifications:

  • Bachelor’s degree from an accredited institution is required.

  • Minimum of 5 years of experience in corporate or investment real estate OR minimum of 7 years of experience in finance, accounting, financial analysis, tax and/or contract law is required.

  • No relocation benefit is being offered for this position. Only candidates that currently reside within a 50 mile radius of the following Eaton facilities will be considered: Beachwood, OH, Irvine, CA, Moon Township, PA, Galesburg, MI or Eden Prairie, MN.

  • Must be legally authorized to work in the United States without company sponsorship now or in the future.

Preferred Qualifications:

  • Highly developed negotiation skills

  • Knowledge of real estate markets in North America

  • Must be able to understand and apply complex real estate concepts to transactions.

  • Master’s degree in a related business / real estate field a plus

  • Real estate certification a strong plus

  • Financial analysis experience

  • Real estate experience within a multinational corporation

  • Industrial real estate experience

Eaton is a power management company with 2016 sales of $19.7 billion. We provide energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton is dedicated to improving the quality of life and the environment through the use of power management technologies and services. Eaton has approximately 95,000 employees and sells products to customers in more than 175 countries. For more information, visit Eaton.com.

At Eaton we see things differently. We see opportunities to innovate, go above and beyond, and we work hard because what we do reflects who we are. If you see things differently – if you’re determined, motivated and focused on improving the world around you – then it’s time to see where a career at Eaton can take you. For more information visit www. Eaton.com/careers.

Job: Finance/Accounting

Region: North America – US/Puerto Rico

Organization: Corporate Sector

Job Level: Manager

Schedule: Full-time

Is remote work (i.e. working from home or another Eaton facility) allowed for this position?: Yes

Does this position offer relocation?: No

Travel: Yes, 10 % of the Time

Eaton is an Equal Opportunity and Affirmative Action Employer. Eaton is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant's race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law.